Help and Advice Needed! :(

Trajal

Are you seriously telling me that a 19 year old with sky and an iphone 4 doesn't have a playstation 3 or something? Come on... assets, got any you've not thought about?

mourning33

Trajal wrote: »

Are you seriously telling me that a 19 year old with sky and an iphone 4 doesn't have a playstation 3 or something? Come on... assets, got any you've not thought about?

Haha! Unfortunatly i don't!

I had a few 360's in my time which had to be sold to gain some extra cash before!

sp1987

jennikitten wrote: »

You could sell your iPhone 4 if you're serious about shifting your debt. Buy a cheap phone on the same network and stick your sim card in it. Should give you at least £300 to play with.

Exactly what I was thinking.

Sell the iphone 4, be really peed off but be debt free as the value of it (plus getting rid of sky and the money in your soa left over for debt repayments) is enough to get rid of wonga and pay the other debts this month.

Then if you are really desperate, save up the extra money you'll have next month for 2 months and buy another on ebay.

2 months of having a miserable old phone and not have to come in the DFW bit of the forum again (for your own thread, anyway!).

Plus, re your mums contract. I pay £20 a month and get 600 minutes to anyone and unlimited o2 to o2 minutes. If you are paying £40 that is a lot considering I can ring anyone forever for £20. Can you look for a better deal for her, so it is just cheaper for you? I'm not suggesting you get rid, just do it cheaper.

mourning33

sp1987 wrote: »

Exactly what I was thinking.

Sell the iphone 4, be really peed off but be debt free as the value of it (plus getting rid of sky and the money in your soa left over for debt repayments) is enough to get rid of wonga and pay the other debts this month.

Then if you are really desperate, save up the extra money you'll have next month for 2 months and buy another on ebay.

2 months of having a miserable old phone and not have to come in the DFW bit of the forum again (for your own thread, anyway!).

Plus, re your mums contract. I pay £20 a month and get 600 minutes to anyone and unlimited o2 to o2 minutes. If you are paying £40 that is a lot considering I can ring anyone forever for £20. Can you look for a better deal for her, so it is just cheaper for you? I'm not suggesting you get rid, just do it cheaper.

Yeah, I see what you mean, I know it sounds silly.. But my iPhone is my only thing that keeps me going!

Otherwise i would literally have NOTHING!

My mums phone is in contract till November so unfortunatly i can't change it right now Good suggestion though.

sp1987

mourning33 wrote: »

Yeah, I see what you mean, I know it sounds silly.. But my iPhone is my only thing that keeps me going!

Otherwise i would literally have NOTHING!

My mums phone is in contract till November so unfortunatly i can't change it right now Good suggestion though.

But does it keep you going more than the wonga loan upsets you? Would you need something to keep you going less if you didn't have wonga in your life?

It is all relative but sometimes we cannot all do everything and we need to choose something.

I want a porsche but I can't afford £40k in debt to have one. I bet I would wash it with my bare hands and sleep in it but it doesn't mean I can have one :rotfl:

mourning33

sp1987 wrote: »

But does it keep you going more than the wonga loan upsets you? Would you need something to keep you going less if you didn't have wonga in your life?

It is all relative but sometimes we cannot all do everything and we need to choose something.

I want a porsche but I can't afford £40k in debt to have one. I bet I would wash it with my bare hands and sleep in it but it doesn't mean I can have one :rotfl:

Very true.. It's not that i don't want to help the situation.. But its my connection to all my family and friends on facebook and i think it'd get me down big time if that wasn't there!

While i'm on here, Just so people have some kind of update of whats happening.. After sending Wonga an email making them aware my loan payment will decline on the due date and asking them if they would let me set up a payment plan. I had this response:

Thanks for contacting us to ask about setting up a repayment plan.

We appreciate you alerting us a potential problem and understand that unexpected things happen in life, but we are unable to agree a repayment plan and treat your account as if it's in arrears before your agreed repayment date. The reason is that we want to give you every opportunity to stick to the terms of the original agreement without forcing you into an arrears situation.

If you can pay some of the outstanding balance you may be eligible to extend your loan for up to 30 days. You can do this within a week of the current repayment date, but not on the day that repayment is actually due.

As a responsible lender, we do require a part-payment of the balance. This means that the outstanding balance is decreased and that you only pay interest on the remaining balance. There is a £10 fee.

If this may suit your needs then you can apply for a new repayment date by logging in here - https://www.wonga.com/Login.aspx - and choosing the 'Extend my loan' option. It's all online and you can also add and select alternative payment cards if need be.

If you can't make any payment however or you don't want to extend your loan for some reason, then please make sure you call our friendly team on the morning of your due date and discuss the situation with an advisor. At that point we may be able to agree to a repayment plan, after discussing the options.

We do want to help you get things sorted so please contact us on 0844 842 9109, between 9am and 10pm, Monday to Friday. If your due date falls over a weekend or bank holiday, please call us the day before.

Thanks for keeping us posted and getting in touch.

Kind regards,

Collections Department
0844 842 9109
Wonga.com

A fairly friendly response considering! I'm sure they won't be as friendly when i call them on the day asking for a PP!

But at least this can be used as a reference for people in a similar situation in the near future!

jennikitten

mourning33 wrote: »

Very true.. It's not that i don't want to help the situation.. But its my connection to all my family and friends on facebook and i think it'd get me down big time if that wasn't there!

You can get phones with a Facebook app that are still a LOT cheaper than an iPhone 4. Tesco have some great deals, you could get a phone that's very similar to an iPhone on Android for £100 or less.

mourning33

Just an update!

I spoke to Wonga Collections today.. Believe it or not. VERY FRIENDLY.

Noted all previous conversations i had with them. I also sent them an email to customercare@wonga.com making them aware of my financial difficulties.

Set up a payment plan with interest frozen.

I think the key is being polite and apologetic. He even offered to let me pay it over 5 months rather than 4 months so that it was easier for me.

I know there a payday loan company.. But i can't fault that.

Thanks everyone for there support! Especially McKneff and a few other guys

McKneff

Hey, thats brilliant, and thanks for the update, its nice when people take the time to do so.

Good luck in the future and thanks for your pm reminding me.

(hope youre still offa the nicotine) lol

mourning33

Haha!
Still off the fags.. Suffering with no sleep with a bad cough and it all coming off my lungs!