I have 3 payday loans which i cant pay, does anyone have details of...

bradztheman

I currently have 3 payday loans which have got out of control over the past few months, ive only been able to make payment of £75 each month to extend them. This has been going on since before christmas, to pay for presents, now i cant seem to pay them off. M own fault, i know.

I spoke to payplan and they gave me templates of my expendature, and a letter to explain my current situation.

Is it possible to email these 2 documents to the companies, or does it have to be sent via mail?

Also, the companies are Paydayuk, Paydayexpress, Txtloan. Does anyone have details of either an email address i can send these documents or a mail address?

Help would be much appreciated. Thank you

Apples2

Before you rush into this you need to open a brand new basic bank account with a completely separate bank.
get your pay shifted accross to the new account.

Only once that is done should you let the PDL Companies know you are in too deep. when you took those loans you agreed to let them pop into your account and take as much as they like, whenever they like to clear your debt to them.
They haven't acted on this yet because they think you are in some kind of control.
As soon as they know you've lost the plot, they will pile in and clear you out.

You could call them to let them know you are having problems but if you are proposing ANY kind of "get well" plan with them, make sure it is in WRITING (not emails) and posted.

PaydayUK

How can I contact you?

You can contact our customer service team in the following ways:

• Telephone: 0871 271 6111
  (Call charges apply – 10p per minute from BT landlines, mobiles and other providers may vary)
• Email: [EMAIL="%20account.services@paydaycontact.co.uk"]account.services@paydaycontact.co.uk[/EMAIL]
• Post:
  Payday UK
  PO Box 255
  Bicester
  Oxfordshire
  OX26 4ZY

Payday express

Payday Express
4th Floor Northside House
69 Tweedy Road
Bromley
Kent
BR1 3WA

Tel: 0800 652 4661
Fax: 0800 652 4662
Email: [EMAIL="info@paydayexpress.co.uk"]info@paydayexpress.co.uk[/EMAIL]

TxtLoan

If you have any queries please contact us using this form. Before posting your message, please check our FAQ section. The answer to your question may be just a click away! We regret that we'll not be able to answer the questions already explained in FAQ section.

You can also call our customer services team on 0871 705 0000* during our opening hours (please see the bottom of the page).

Alternatively, you can write us to the address below:

TxtLoan Ltd.
1 Cornhill
London
EC3V 3ND

ihateyes

Well said Apples.....

Payday UK will set an arrangement up after you default but only for 3mths.

Payday express... will ignore everything and from everyone, but the will hassle you big time.

You will need to let the go to a DCA before you can get somewhere.

Txtloan wont entertain a plan either. so same as above, but they wont be as rude as Payday Express will be.

Rule of thumb if you can afford £10pm for each, put it aside even if your not paying. once it goes to a DCA you can argue the charges they will levy and get them reduced. but its shows good faith on your part if once it goes there, you explain what you offered, and here it is xmths X £10.

Also if they took the very unlikely road of court, you can show the judge this is what you could afford, and here is the money.


Some people think as they wont accept i wont pay/or set it aside, then if court was the route, the judge aint happy as the debtor has showed no intention of paying!

DCFC79

There we go again, the old " christmas and paying for presents " reason isnt a reason to get into money trouble.

Follow apples exceedingly good advice,

bradztheman

So ive basically got no chance with any of them? I have to default first and let loads of interest add up before they put me on a payment plan? That sucks! Am i better off going through a debt management company then? Will they take more notice?

opinions4u

Sell your toys on eBay asap and pay them off.

bradztheman

If i had somethin to sell then i would but i haven't and im not earning enough to pay them all off and have struggled for the past 2 months... What shall i do? Do you think they'll freeze the balance in the next 2 weeks? What charges will they add?

MusicalLawyer

They are likely to add lots of charges on top. My PDL was going to be £300 on payday - but it went up to almost £700.

I'd ring them super fast to arrange to pay an amount. If they say no, then do as ihateeyes has said.

[Deleted User]

It will be less if you try and tackle this now then you need to get in touch with the PDL's as soon as you can, could you ask for a small advance from your employer on next months pay or try going to basic's on food/cut back on spending - anything but do not take another loan

Mara69

Another one who claims to have nothing to sell. Forgive my disbelief....but really? Nothing at all? No laptop, PC, TV, Sky box, DVD player, mobile phone, jewellery, games console, car....

simon2010

Go to a family or friend and confess all. Get rid of them.......


I had to and now feel 1*million better!

Do it
Good luck.

Oh, and never ever go back!