citifinancial

lukemed1

hi all,

anyone had any dealings with citifinancial? after taking quite a drastic paycut i'm gonna struggle to pay them back! i've talked to payplan who said to offer them a token payment of £1 a month and enter into a debt management plan, i currently owe them £9000! anyone had any dealings with them?

Best regards

Luke

THE_LONE_RANGER_4

hi,yes i have ,they in my experiance are very quick to pass on your debt in my case they passed it on to capquest ,who again in my case took great exception to my then token payment of £1.00 which may i add has been increased to £75.00 after 6months but alas it is still not acceptable no pleaseing some people any way stick to your token payment offer dont be badgered in to giving more than you can afford but im afraid be prepared for a bumpy ride

little_miss_broke_2

Hi Luke

I've not heard of them myself. Are they a loan company?

Have you spoken to them and explained your situation? A lot of the time these companies are more helpful and understanding if you go to them straightaway and tell them what's happening.

I'm no expert on this, by the way, i'm very new to this board. Hopefully someone with more experience will be able to help you.

Best of luck

Locana

Cab I just asked what the interest rate on that loan is please? They offered me a loan once and it was quite astronomical....

Grovers

Citifinancial are an American owned "bank" that offers loans and credit cards. They used to be called The Associates in the UK.

I've dealt with them in the past, and got into a spot of financial difficulty. My debt was passed pretty rapidly on to a DCA called 1st Credit, who are actually quite a reasonable bunch of people to deal with. Much better than that evil bunch at Capquest.

THE_LONE_RANGER_4

yes first credit are quite good to deal with i suggest make an offer and pay it as for capquest just ignore them and deal direct with creditor