Multiple Loan Nightmare

[renegadeimp]

Minicredit usually pass the debt to their inhouse DCA's after theyve applied a ton of unfair charges. The DCA's then start offering big discounts to try and look like the good guys and make you out to be the bad guy. However, a simple letter to them stating the charges are unfair and proof that you know OFT guidelines on debt collection and are willing to form a full defence in court to this point, is normally enough to see them wipe almost all charges and allow you to pay the debt back.

[goonerbhoy]

So do you suggest sticking to my guns and letting the debt get passed on to the DCA? I dont know why, but i feel more scared of dealing with the DCA than minicredit. Minicredit have just shown themselves up to be a total joke, if they had agreed what i had offered the debt would probably be about half cleared.

[renegadeimp]

The DCA is minicredit. Just a different name.

[goonerbhoy]

Just thought id post a quick update as i like to see how other people are getting on at paying these off.

 

Heres whats left to be done:

 

Wonga Still paying 16 pounds a week but have managed to bring the debt down from over 600 pounds to just under 400 as they froze all interest and ive made my payment every week.

Speed E LoansIve got £108 pounds left to pay, ill probably pay 18 this week as ive not got much on then continue paying 10 until its cleared.

MiniCreditStill not playing ball, to be honest i dont even care, i have the emails saved where i tell them im willing to pay so they can threaten all they want, if they had accepted my plan then that would probably be settled- their loss.

Speedydosh Owe £60 can see the light at the end of the tunnel on this one, 6 more weekly payments.

TxtLoan Owe £150, three monthly payments left.

 

Beginning to feel like im getting there now

[renegadeimp]

Well done!

[Jamie Kingston]

don't loan again, well done!