Quickquid bank details please??

[davecres]

Care to name the PDL? They are acting well out of order, and under their credit licence terms, they cannot dictate what they deem to be an acceptable minimum. The amount in a repayment plan is decided by your financial circumstances. Not whatever arbitrary number they decide to make up.

 

Lending Stream

[renegadeimp]

Ahh. One of the worst for ignoring guidance and law.

[davecres]

Ahh. One of the worst for ignoring guidance and law.

 

Thats explains things then.

 

My first response to them on not accepting was this paragraph I included and then below it is teh second one. Not heard anything from then since 2nd non acceptance.

 

First para

 

I am surprised that you are advising me to go to a debt management company and get them to submit paperwork which I have already submitted to you and all other creditors. I am told that most debt management companies take the first two payments as their fee and thereafter a percentage of the overall monthly payment made to them which would reduce my creditor’s payments even further.

 

2nd para in second letter back

 

Your alternative suggestion of going to a debt management company and get them to submit paperwork which I have already submitted to you would only result in me being unable to make the first pro-rata payments to the other companies but also put me further into debt.

[davecres]

Lending Stream

 

What was barmy is 30 mins after them sending me the second non acceptance email I got an email from them telling me not to accept a payday loan but borrow up to £1,000 etc from their marketing department. "You may even choose to pay back your short-term instalment loan earlier than the contractual term to save on interest without any prepayment penalty. Unlike payday loans that make their money from high rollover fees, we'll actually work with you to make sure you don't have to do that. Just call our customer service department and let us know - we'll be glad to help you."

 

Note the payback earlier than contract term to save interest yet when they told me how much i owe its the whole amount plus the daily charges from them not being able to collect every day they have tried since I told them I couldnt pay.

 

Had two emails this morning as two loans with them just after 830 am on a Sunday at that saying they have been unable to collect.

 

No calls today and have put all the numbers from these company in block list so they go straight to voicemail. Any call with no number recognised or withheld am ignoring at moment following advise on here although did get one call on work line even though sent them the do not call letter and guy just said doesnt matter about my I & E contract says have to pay and they will continue to try and collect daily and call until I do. Dont worry if any get through am making note of time and date for the record

[Gav Kasso]

How long ago did you start negotiations with lending stream Dave? Im trying to set up a plan with them at the moment also...

[renegadeimp]

OK try this.

 

Reference: xxxxxx

 

Dear sir/Madam/Incompetent idiots,

 

I write to you in regards to your last communication to me dated xx/xx/xxxx, the contents of which have been noted.

 

I write to inform you that my I&E summary which i have already supplied to you and have also enclosed a copy with this letter/email, is a current and accurate summary of my financial circumstances and has been signed as a declaration of fact.

 

To change any part of my expenditure solely to benefit your company would be hugely unfair to my other creditors and also strain my essential outgoings. For you to refuse this and to demand more than i can afford is a blatant breach of OFT guidance, the contents of which you must adhere to in order to maintain your credit licence.

 

Therefore, i one again inform you that my repayment plan is :

 

£xx every week/month

 

THIS IS NON NEGOTIABLE.

Should my circumstances improve and i can afford to repay more, i will of course inform you and make a higher payment promptly. Failure to accept this repayment plan or to try and force me to pay more than i can reasonably afford will leave me with no alternative but to place this account in full dispute and to contact the OFT, FOS, trading standards in regards to your business practices and my situation.

 

I look forward to confirmation of your acceptance of my proposal within 7 working days of reciept of this letter/email.

 

Sincerely

 

xxxxx (print, dont sign).

 

Make sure you read it through and edit it to suit.

 

Also, can i ask if they have tried adding on any extra charges to the debt to inflate it? As per FOS rules, on a 30 day Payday loan, you owe the original amount plus original interest and a default charge, minus any payments you have made already.

 

 

What you can also do is get lending streams bank details ( theyre on this site somewhere), and make payments direct to them by standing order, using your loan account number as a reference. Under UK law, they MUST accept it and credit it to your account without question. This shows a court your complete willingness to pay and abide by the plan.

[Gav Kasso]

Will come in handy for me I'm sure. Thank you.

[renegadeimp]

Dont copy it exactly. Use your own words.

[Gav Kasso]

Dont copy it exactly. Use your own words.

Of course. Your information is very useful though, it does take a bit of the stress away, so thanks again.

[davecres]

Cheers for that help. Just thought Id post a paragraph from their default notice which they sent this morning which has an interesting turn of phrase at the end stating that more somes may have to be paid when judgement paid off.

 

You should be aware that if we take you to court and get a judgement against you requiring

you to pay us the money you owe us under the agreement, you may have to pay us both the

amount of the judgement and interest under the agreement on all the sums owed by you at

the date of the judgement until you have paid these in full. This means that even if you pay

off the whole amount of the judgement, you may still have a further sum to pay.

 

 

 

OK try this.

 

 

 

Make sure you read it through and edit it to suit.

 

Also, can i ask if they have tried adding on any extra charges to the debt to inflate it? As per FOS rules, on a 30 day Payday loan, you owe the original amount plus original interest and a default charge, minus any payments you have made already.

 

 

What you can also do is get lending streams bank details ( theyre on this site somewhere), and make payments direct to them by standing order, using your loan account number as a reference. Under UK law, they MUST accept it and credit it to your account without question. This shows a court your complete willingness to pay and abide by the plan.

[davecres]

Yes they have added default sums and also tell me interest will still continue to be added and that if I dont pay within 14 days when they try and take the money from my bank (card cancelled) they will transfer to a debt collection agency and add a charge of £40 onto the loan.

 

 

OK try this.

 

 

 

Make sure you read it through and edit it to suit.

 

Also, can i ask if they have tried adding on any extra charges to the debt to inflate it? As per FOS rules, on a 30 day Payday loan, you owe the original amount plus original interest and a default charge, minus any payments you have made already.

 

 

What you can also do is get lending streams bank details ( theyre on this site somewhere), and make payments direct to them by standing order, using your loan account number as a reference. Under UK law, they MUST accept it and credit it to your account without question. This shows a court your complete willingness to pay and abide by the plan.

[Gav Kasso]

Quick Quid supplied me with these detaisl and asked me to quote my loan reference.

 

 

- Select as recipient“CashEuroNetUK”

 

- Sort Code: 20 19 90

 

- Account number: 03759830

 

Hope that helps

 

This is a Barclays account apparently

[renegadeimp]

Yes they have added default sums and also tell me interest will still continue to be added and that if I dont pay within 14 days when they try and take the money from my bank (card cancelled) they will transfer to a debt collection agency and add a charge of £40 onto the loan.

 

You need to be making official complaints. Especially about them adding on their own extra charges to a potential judgement.

[davecres]

How long ago did you start negotiations with lending stream Dave? Im trying to set up a plan with them at the moment also...

 

18th September but they are not following OT guidelines it seems and have received a formal default notice this morning but as you can see from the thread I have replied. Every other one of my creditors have accepted and agreed standing order and pro-rata subject to a review in 6 months apart from LS

[davecres]

You need to be making official complaints. Especially about them adding on their own extra charges to a potential judgement.

 

Thanks for the advise on Lending Stream. As Ive only sent them the responses this morning via email including a variation on what you suggested I will wait a day or two for their response and then make official complaints

[PDLVictim]

Unbelievable... After years QQ finally gives out their bank details. And they are using the same bank as LendingStream

[davecres]

Unbelievable... After years QQ finally gives out their bank details. And they are using the same bank as LendingStream

 

 

I dont know as Lending Stream have not despite repeated requests provided me with their banking details.

 

I thought QQ and Lending Stream are totally different companies and have not seen something indicating otherwise but as I mentioned Lending Stream on here when asked maybe I ahve confused the issue and if I have many apologies it wasnt intentional

[PDLVictim]

No worries, I just found it funny that QQ and LendingStream are not only using the same bank, but in fact the same branch

 

QQ and LendingStream are not the same company, totally different companies and no links.

 

If you are looking for LendingStream bank details, here they are:

 

Account number: 13434028

Sort code: 20-19-90

[davecres]

Thank you I will check out those details with my bank and then setup the pro rata payments into their account quoting my reference number so I can show willing to the court (if it goes there) that I have attempted to make arrangements but they have failed to give me the details so had to find them another way.

 

 

 

 

No worries, I just found it funny that QQ and LendingStream are not only using the same bank, but in fact the same branch

 

QQ and LendingStream are not the same company, totally different companies and no links.

 

If you are looking for LendingStream bank details, here they are:

 

Account number: 13434028

Sort code: 20-19-90

[Gav Kasso]

I offered my payment plan to LS today with IE form. Not heard a peep since.

[Gav Kasso]

The QQ details came from QQ ?

[davecres]

The details I posted did yes in an email. I have checked them out with the bank and it is all correct but do your own due diligence for your own peace of mind

 

The QQ details came from QQ ?

[davecres]

I havent heard anything either apart from the default notice but as someone else has provided me with LS details which match I have managed to obtain elsewhere I have setup a standing order as per the pro-rata payment on my income/expenditure sheet.

 

 

I offered my payment plan to LS today with IE form. Not heard a peep since.

[Gav Kasso]

I havent heard anything either apart from the default notice but as someone else has provided me with LS details which match I have managed to obtain elsewhere I have setup a standing order as per the pro-rata payment on my income/expenditure sheet.

Good luck !

[davecres]

RESULT - Thanks very much for your help, e lending stream. After sending a modified version of what you posted, I have today received an acceptance saying that they accept the pro-rata amount for 4 months but want me to better my offer then. #

 

I think it helped me telling them they ahd failed on numerous occassions to provide banking details but i had obtained from elsewhere and made payments.

 

Of course they can review in 4 months but if circumstances havent improved well they will still get same amount of me.

 

All other PDL people have now accepted pro-rata and been paid.

 

Dave

 

OK try this.

 

 

 

Make sure you read it through and edit it to suit.

 

Also, can i ask if they have tried adding on any extra charges to the debt to inflate it? As per FOS rules, on a 30 day Payday loan, you owe the original amount plus original interest and a default charge, minus any payments you have made already.

 

 

What you can also do is get lending streams bank details ( theyre on this site somewhere), and make payments direct to them by standing order, using your loan account number as a reference. Under UK law, they MUST accept it and credit it to your account without question. This shows a court your complete willingness to pay and abide by the plan.