Taking control back over PDLs

debrag

CLAPTON wrote: »

the lender of loans is not visable to other potential creditors on the credit reports although loads of loans for relatively small amounts may well be detrimental.

Callcredit name the lenders, well quickquid & Mr Lender anyways

Dolores_H

I re-sent the email last night offering a repayment plan, and this morning no money was taken from my account (balance was £2.49).

Just re-checked my balance on that account and it's now £17.51 so they've obviously tried to take £20. I'm assuming since they've taken me overdrawn now, my bank won't continue to authorise these smaller payments though? anyone have experience of this?

camuk81

Might well do. YOu need to speak to the bank and cancel the authorisation if you are no longer allowing them to take the repayment plan. However the disadvantage is they haven't agreed to it.

Can you open another account to get your salary into while this gets resolved. Just a basic account with another separate provider.

Apples2

Dolores_H wrote: »

Just re-checked my balance on that account and it's now £17.51 so they've obviously tried to take £20. I'm assuming since they've taken me overdrawn now, my bank won't continue to authorise these smaller payments though? anyone have experience of this?

the whole point of opening another account is to clear out the old one and CLOSE it so it is no longer an active account.

By leaving £2 in there it is still open and active, they can (and likely will ) continue to take money until the bank says no. This will take you up to your max ovedraft limit and beyond if the bank don't stop the withdrawals. You could end up with a potful of unauthorised overdraft charges.

Dolores_H

Hi, I did set up a new account but left a few pence in the old one. I have now transferred £17.51 into my account which has left it at zero. I almost instantly got a text from Wonga saying 'we've tried to take payment and it's been rejected.'

I know everyone says to email them on here, what is the downside to calling them regarding a payment plan?

Apples2

Dolores_H wrote: »

, what is the downside to calling them regarding a payment plan?

the fact that you will have absolutely no proof whatsoever you even set one up.

Do it all in Writing.

Dolores_H

Apples2 wrote: »

the fact that you will have absolutely no proof whatsoever you even set one up.

Do it all in Writing.

Do you know whether they'll call my office? I keep requesting all in writing but I'm nervous.

DCFC79

Dolores_H wrote: »

Do you know whether they'll call my office? I keep requesting all in writing but I'm nervous.

Nervous about what ?

do it via email so you have proof

Dolores_H

Nervous that they'll call my office, that's all. I sent another email stating that this was my third attempt to contact them. Hopefully I'll get a decent response.

jon1965

I wish I had seen this earlier. I don't call them Wonga I call them Wanka for very obvious reasons. The poster who talked about trust rating may well have been from Wanka themselves.
With Santander all I had to do was cancel my debit card, that stopped em taking any money. You can also send both Wanka and the bank a letter removing continuous payment authority. Hate to say it but there is a thread on CAG.
depending on what your credit rating was like I would have been tempted to repay as per your plan (if it was good) but if like mine it is shot to S**t then go for the repayment plan. They will huff and puff and try to slap stupid charges on...thats why they won't let you set up an arrangement before you miss a payment (extra charges). So you owe £1200 , I assume that is including interest...pay them off but not a penny more. Pay them by standing order NOT by debit card. When you have paid them 1200 stop. They will huff and puff again and threaten you with all sorts, but very doubtful they will take you court and if they do you can defend (unreasonable T&C's and charges) . Make sure you keep a copy of all letters /emails. Nothing by phone, if they call just put the phone down or refuse to answer security.Hope that helps.