Payday loan Huge instrest charges

tomp22

I took a loan out with CashGenie for £150 nearly two years ago ,

had so many problems due to my gamling problem neve anymoney ,


i now have carterforbes on my back who now want the sum of £1361 :mad: they say the lowest they could go is to £600 I keep saying i dont have that money lying around at the moment . so can i do a payment plan please so they go yeh but i cant do card payment as these companys never take what they say they will so i ask for a payment book which they dont do so im now pretty stuck.

i just cant have them knowing them my bank and card details to start a payment plan . wonga did this and took 3times what they said they would took.

i need help and fast before i get a ccj .

i aslo owe to about another 4 payday companies dating back 3 years i dont wont to even thing what i owe on them as i been gambling and not paying back anything now i got my self straight im trying clear my debt . if there all like the cash genie one im screwed cant one company take charge of all the payments in one .


thankyou Tom sorry for the bad Wrightup

iluvmarmite

Get their address from the letters they have sent you (The debt collection agency) and send them a postal order each month, on the envelope put FAO the collections manager, send it recorded so you have proof they recieved it, and put a letter in stating that this is the only way you can pay them.

paddyrg

Just make sure you put your reference in with the postal order too, or ask if you can pay money into their account via the post office. I think you're wise not to give them any card details!

You also need to get them to put in writing that the payment plan is ok and agreed and will be full and final if you stick to the payment schedule you agree. Perhaps CCCS (free charity) can help do this and make it all official and formal? Worth checking out.

Congrats on getting your life back on track and trying to sort everything out, by the way, tough but worth it!

geoffky

tom can you contact one of the debt charities for some help...there is also a thread on here for people with gambling problems..

here it is https://forums.moneysavingexpert.com/discussion/1090463