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Egg loan Statement
Hi
I am new to this site and I am hoping someone can shed light on my egg loan statement.
I took out an egg loan for £25k in 2004, I lost my job in 2005 and was not able to make the agreed monthly payments I made contact with them in early 2006 and we agreed on a payment of £20 per month and they sent me a letter agreeing a tempory arrangement for 6 months say they would contact me to review it at the end of the 6 months, I have not heard from the loan department since (I have made the payment every month since the start of the agreement april 2006) until I got a annual statement (the first ever).
Which stated an opening balance of £0.00 it showed all my payments for the last 12 months as -£20.00 per month and a closing balance of -£728.98.
This make no sense to me at all, does this mean that they have written off my debt or what.
Any help would be appreciated.
Morchie
I am new to this site and I am hoping someone can shed light on my egg loan statement.
I took out an egg loan for £25k in 2004, I lost my job in 2005 and was not able to make the agreed monthly payments I made contact with them in early 2006 and we agreed on a payment of £20 per month and they sent me a letter agreeing a tempory arrangement for 6 months say they would contact me to review it at the end of the 6 months, I have not heard from the loan department since (I have made the payment every month since the start of the agreement april 2006) until I got a annual statement (the first ever).
Which stated an opening balance of £0.00 it showed all my payments for the last 12 months as -£20.00 per month and a closing balance of -£728.98.
This make no sense to me at all, does this mean that they have written off my debt or what.
Any help would be appreciated.
Morchie
0
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