Wonga question

[holycrosser]

My loan is due out 10/1/14

 

Im going to default and offer to pay back in 3 monthly payments 2 small and one large amount in march when i get my bonus

 

My question just to make sure: am i right to pay my wages into my new santander current account due end of the month and do i close ( which i dont mind) my 2 other current accounts barclays and natwest ? That way even though theres no money in the accounts and no overdrafts fac, so am i doing right by just closing those account( wonga has both their details im afraid)

 

The debt is £1300 im going to offer £50 this and next month and then pay it all off in march

 

I will be taking all the advice on here about emails etc etc ok

 

Awaiting help thanks

[renegadeimp]

Be very careful with santander. Make sure you instruct them not to allow transactions to wonga.

 

Also look into a letter of appropriation.

[holycrosser]

Be very careful with santander. Make sure you instruct them not to allow transactions to wonga.

 

Also look into a letter of appropriation.

 

 

How can wonga get to my santander account? They have no knowledge of it, ive never used it before.

 

Only my barclays and natwest current accounts have ever been used for wonga and im closing them on tuesday next week

[renegadeimp]

Wonga and many other pdls/brokers share info unlawfully. Im not saying they will share yours but when dealing with pdls, it pays to be aware

[holycrosser]

Wonga and many other pdls/brokers share info unlawfully. Im not saying they will share yours but when dealing with pdls, it pays to be aware

 

 

Fair enough but that goes against what everyone on here seems to tell you, ive read get a new bank account thats not linked, im assuming its unlikely but i will mention it to santander if you feel i need to, but thats day light robbery surely?

[renegadeimp]

Correct. Get one that isnt linked, but make sure you aware of what the PDL's do.

[holycrosser]

well ive used all the tips from this site:my debt is £1445 with wonga

 

closed bank account

got a new one not linked, fresh

wages ring fenced

email to wonga sent didn't use their i/e form, sent the basic as advised 9/1/14

made offer of £150 per month

 

time to wait

 

had standard email pm 9/1 asking me to fill in i/e online, i refused referring them to my previous offer including my own i/e.....i await a reply

 

wil lkeep you up to date, heard nothing today, the debt isnt due till 2/2 i know most people defualt first but i'm gonna see how i get on anyway, theres no money for them to nick

[renegadeimp]

Good to see you have everything under control. Just be aware that wonga will try and insist you fill their own I&E form. Normally it is ok, but wongas I&E form tends to benefit them and not you. Let us know if you need any help if they start to play games.

[sequenci]

Hello there,

 

This is the financial statement you should be using. It's in a recognised format: http://www.nationaldebtline.co.uk/england_wales/debt_advice.php#5

 

Seq

[holycrosser]

Good to see you have everything under control. Just be aware that wonga will try and insist you fill their own I&E form. Normally it is ok, but wongas I&E form tends to benefit them and not you. Let us know if you need any help if they start to play games.

 

yes ive been asked twice now to fill it in but i'm playing hard ball

 

 

i got all my advice from this site and indeed mostly youreself imp

 

 

11/1 still heard nothing

[holycrosser]

Hello there,

 

seq

 

thanks, i took advice on basically what comes in and what goes out and what i can afford, £150 per month is a good offer i feel and better than most can do, i'm not shirking my responsibility though and know i need to tread careful as to not upset them too much , but this forum has taught me not to be scared of them tbh

[holycrosser]

Sent them an email asking whats happening

 

Got a reply : they are pushing me to ring them, am i right to insist it done by email? Again ive persisted in saying they have my decent offer, theyve said in the "my account" options may help, dont know what their on about

[renegadeimp]

You are perfectly within your rights to get everything inw riting. Wonga seem to have regressed back tot he level of other PDL's now they had their application to be a bank turned down. Mainly due to the amount of fraudulent applications for loans they allowed to be processed.

[holycrosser]

You are perfectly within your rights to get everything inw riting. Wonga seem to have regressed back tot he level of other PDL's now they had their application to be a bank turned down. Mainly due to the amount of fraudulent applications for loans they allowed to be processed.

 

 

Yes i thought so imp, ive sent a reply saying OFT guidlines permit me to do it by email, am i also right in thinking i can get a repayment plan well before i default, thats not due till 2/2 but ive come clean now and just want it sorted

[havinastella]

Any charges?

[holycrosser]

Any charges?

 

Ive nothing in place to report

[renegadeimp]

Its not OFT guidelines that permit the email. It is your statutory legal right to have any info regarding your financial circumstances in writing.

[havinastella]

Ive nothing in place to report

 

I meant, are you paying them what you owe, or what they say you owe?

[holycrosser]

Any charges?

 

 

Nothing in place yet

[holycrosser]

Its not OFT guidelines that permit the email. It is your statutory legal right to have any info regarding your financial circumstances in writing.

 

I see ok thanks

[holycrosser]

I meant, are you paying them what you owe, or what they say you owe?

 

Seems the want what they say i owe lol

 

They will delay it so they get the interest

[holycrosser]

12/1 still nothing

[renegadeimp]

They dont normally answer until 3 days before the repayment date. They do this so they can attempt to add on an extra months interest.

[sequenci]

Its not OFT guidelines that permit the email. It is your statutory legal right to have any info regarding your financial circumstances in writing.

 

Out of interest, which statute is that?

[renegadeimp]

I said the wrong word seq and cant edit it. I meant to say legal right, not stat