Repayment Plan

Debt_Doll

Hi there

Am after a bit of advice if anyone can help please

I got into a bit of bother earlier in the year with payday loans but am now fully on top of them in terms of I have managed to pay all but 1 off but the remaining 1 refuses to set up a payment plan and continues to call me up saying that I will incur hundreds of pounds worth of charges if I let it go to their collection department.

The payday loan is for £400 and I think I could afford to pay them £100 a month for 4 months but this man who calls me says they dont consider repayment plans so in his words I have no option but to pay them off in one payment.

What is the best way to approach this as I am looking to get rid of this payday loan for good and wouldn't ever take out a payday loan again (fingers crossed I never need to)?

auntiesue

Hi debt doll,

Am quite new to this board so unable to help but didn't want to read and ignore.
Just bumping this for you so some-one who has more knowledge can help you.
Hope you get sorted.
Sue.

Debt_Doll

Thank you anyway auntie sue

auntiesue

No problem. I know I lurked for a while before plucking up the courage to post a thread and then got quite paranoid when I had no replies.
But I just bumped it the next day and had a few replies that gave good advice/constructive comments.
Hang in there and search the forums for similar posts to yours and you may pick up something that may help, and some-one who knows will answer you, cuz I have found that they really are a great bunch of people on here.:T