Urgent Advice Needed - wonga.com

SpeedyGonzalis

Hi

I have decided that this month is the month where I get off the merry-go-round of wonga.com. I haev cancelled the card that is associated with my account. The will try to take the cash out on Wednesday and it will decline.

From reading other threads I know that they will harrass me and threaten me but also that they are too frightened to take people to court as their lending practises break the law.

I would like to repay the money I owe them over a period of a few months. I can afford about £100 a month and I owe them £1091 (origianl loan £843) so I can pay them back in under a year if they freeze teh interest and charges.

Please could someone show me where to find template letters to send tothem? I am not going to talk to them on the phone at all.

Any advice from anyone who has dealt with them would be very welcome!

LittleMissRios

I would suggest that refusing to repay cash you've borrowed from a company and ignoring them is not sensible. I have used them a couple of times but have had no problems. If you can afford to make some kind of payments I would give them a ring and see if you can agree something. You can't blame them for trying to recover money and I'd urge you not to shut yourself off from the situation.

SpeedyGonzalis

Hi I don't intent to ignore them I intend to set up a payment plan. I don't want to talk to them on the phone as I would like to be able to proove that I am trying to pay them should this ever go to court and the only way to do this is to sent them letters by recorded delivery.

I am not refusing to pay them back at all - I want to set up a repayment plan so I can pay them back.

Does anyone have any advice on how to do this?

MyLastFiver

LittleMissRios wrote: »

I would suggest that refusing to repay cash you've borrowed from a company and ignoring them is not sensible. I have used them a couple of times but have had no problems. If you can afford to make some kind of payments I would give them a ring and see if you can agree something. You can't blame them for trying to recover money and I'd urge you not to shut yourself off from the situation.

Did you actually read the original post?



OPer, National Debtline have a suite of standard letters on their website. There is one about being in financial difficulties and offering token payments, then there is another to make an offer of reduced payment.

GeorgeUK

Here are some letters to stop harrasment on the telephone if they start.
http://forums.moneysavingexpert.com/showpost.html?p=11571485&postcount=5
http://forums.moneysavingexpert.com/showpost.html?p=14588705&postcount=10

As mylastfiver says, the nationaldebtline has a letters section with one on offering repayments to creditors.

SpeedyGonzalis

Thank you! I don't think the 2nd poster read my post either. I didin;t say that I wanted to run away from the debt and ignore them.

I am just worried because they have a very bad reputation on here. Maybe I'll win the lottery between now and Wednesday and it'll all be OK ...

LittleMissRios

Heh, only just suggesting that if you do speak to them you might work something out faster and more easily than relying on snail mail.