Payday Loan Advice - 4 outstanding - help!

[Joannebrown1982]

Need some urgent help and advice.

 

I've got myself into the situation that I have noticed a lot of people have.

 

Its reassuring to know I am not alone,

 

however I need to try and contact the companies to try and arrange a payment plan and am not sure how what to write etc to them.

 

I would prefer to e-mail them as I hate speaking on the phone.

 

I currently owe

Wonga £1200,

quick quid £500,

express £120 and

£260 to lending stream.

 

Express was due the other day and although I have e-mailed them 3 times trying to explain my situation I have had no reply,

but they keep texting me telling me I haven't contacted them.

 

Wonga & Quick Quid are due 14.11.12 and Lending stream due 30.11.12.

 

I have changed my bank account, but also need to keep my old bank account open due to an overdraft that requires paying

but I have changed my card details so they are unable to take any money out of there.

 

I am pertrified that balliffs etc will start calling at my house

 

and want to make a payment plan with them so I can just get on with paying it

and they will leave me alone rather than avoiding phone calls all the time.

 

Some advice/templates to send etc will be a great help.

 

Thanks

[Jamie Kingston]

Bailiffs won't happen neither will door step collectors.

 

Moving forward stick to your guns,

 

I personally would not ignore calls.

 

If you answer and are prepared not to be bullied then once an agreement is made ask them to confirm it in writing.

 

Others disagree with answering the phone but if you have it confirmed in writing I don't see any harm

and it makes some lenders more sympathetic and quicker / easier to deal with.

[Joannebrown1982]

I have phoned express to be told that I have breeched contract (saying I worked full time when i actually work part time)

so they cannot arrange a payment plan.

 

I told them I would try and make payment at the end of the month but need an alternative method

and they just ignored my request.

 

And said bye as if that was it they told me I would incur charges and thats their final say on the matter. Not very nice people

[dx100uk]

read this forums posts JB

 

dx

[joesoap]

A word of warning, I changed my card details but Barclays still allowed these people to take money out of my account. You must 'phone/write to the PDL's and your bank to advise that you have now revoked your permission for payments to be made. The bank should not make them and the PDL's should not request them.

[Joannebrown1982]

I have no money going into the account and up to limit of overdraft so they can't take anything

[joesoap]

I have no money going into the account and up to limit of overdraft so they can't take anything

 

That's ok then but you should still do as I've said.

[Joannebrown1982]

Will do -thanks

[westfield]

They can take money if the banks allow it,then the bank starts charging you o/d fees etc. Happened to me with wonga although i hadn't cancelled the card.

[Joannebrown1982]

My bank normally doesn't allow me to go over my overdraft, it puts a stop to it. I ahve just sent QQ an e-mail asking to arrange a payment plan and revoking payment from my account. I need to do the same with Wonga as both are due to be paid on Wednesday. I have tried to make a payment plan with payday express but they informed me I can't as I have breeched my contract as lied about my monthly wage etc. I have sent them numerous e-mails but no response, however they keep sending me texts saying I haven't been in touch. I am thinking about speaking to to he bank and closing the whole account down and arranging to pay off my overdraft on a monthly basis, but I'm not sure if this will be allowed? Does anybody know? These companies are an absolute nightmare, I am terrified incase people start coming knocking at my door and also if they put that much interest on them I will never be able to pay the off

[westfield]

They will not send people round so don't worry. Paydayexpress will probably call you many times a day but i used a call blocker on my mobile to filter it. Might be worth talking to your bank and setting up a repayment plan with them. Be aware that if you did misrepresent yourself on the application they may bandy threats around of fraud etc. Do not worry about that. They have also failed in their responsibility as per responsible lending

[Joannebrown1982]

Thanks for the reassurance. Just want rid of them, its doing my head in. I was thinking about the 'breech of contract' thing and I thought, well its not my fault they didn't check it up. Surely they shouldn't be dishing loans out willy nilly! Decided to gradually decrease my overdraft and get that paid off, will just put money in every month then go on line and reduce it straight away. Going to try and stop thinking about these stupid PDL companies, at the end of the day I can only pay what I can pay, whats the worst that can happen?