Minicredit £100 loan now $1049

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  • wardyb
    wardyb Posts: 25 Forumite
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    I can't say for sure whether I have had a letter or not. I do tend to save at least one of each company's letter that I receive. I would suggest that I havent received that letter.
  • pappa_golf
    pappa_golf Posts: 8,895 Forumite
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    wardyb wrote: »
    ok, I just spoke to a representative from OPOS which is acting as a collection agent to Kapama who has bought the debt from minicredit.

    They said they would accept a payment of £800 to settle the debt



    yup but have they a right to the money?


    have you read that link I sent you ? after they shut down in the UK they and others cannot add charges


    never ring debt collectors , NEVER , you are a hooked fish now
    Save a Rachael

    buy a share in crapita
  • pappa_golf
    pappa_golf Posts: 8,895 Forumite
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    http://www.lenders4u.co.uk/my-minicredit-loan-has-been-passed-to-opos-limited-who-is-this/


    http://www.!!!!!!!!!!!!!!!!.org/forum/viewtopic.php?f=137&t=79838#.Vs4Q7EkrF9A


    write to them for payment details and proof or assignment , and you want to see proof of claim as well.
    Save a Rachael

    buy a share in crapita
  • wardyb
    wardyb Posts: 25 Forumite
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    the balance has been frozen since my initial defaults with microcredit, so this is the same balance I have owed for the last 4 years.

    Opening Balance on 05/09/2012 £1,049.00

    I never received an email about the balance being transferred to Kapama until 21/01/2015

    I had requested documentation from OPOS about my minicredit loan. They sent me a contract, however this has very limited details and doesn't show any details about the initial loan of £100, just that I had a credit limit of £1500
  • wardyb
    wardyb Posts: 25 Forumite
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    would you mind if I sent you a message with these 2 letters they have sent me? thanks
  • pappa_golf
    pappa_golf Posts: 8,895 Forumite
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    edited 24 February 2016 at 9:41PM
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    initial loans (2) of £180 taken out in 2012 , however by 05/09/2012 you owe £1049.00?


    is this correct ?


    edit: do not send me PMs , publish the letters after crossing your name/address and account number out


    as a new user , you will not be able to link
    use tinipics and post the full link but change http to hxxp , someone will copy and post the correct link for you
    Save a Rachael

    buy a share in crapita
  • wardyb
    wardyb Posts: 25 Forumite
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    no, sorry it was 1 initial loan of £100 but there was a fee of £19.50 to get the money so I only actually got £80.50
  • pappa_golf
    pappa_golf Posts: 8,895 Forumite
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    so £80 went to over 1k in the same year?
    Save a Rachael

    buy a share in crapita
  • wardyb
    wardyb Posts: 25 Forumite
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    yes I took the loan out on 31/01/2012
  • pappa_golf
    pappa_golf Posts: 8,895 Forumite
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    wardyb wrote: »
    yes I took the loan out on 31/01/2012


    £100 at 31/01/2012
    and it had risen to £1049.00 by 05/09/2012 ?
    Save a Rachael

    buy a share in crapita
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