Payday loans early repayment.

smithy151

Im unsure on early settlements regarding interest rebate on payday loans, I currently owe around 3000 pounds between 4 different company's, and have done for the last 18 months, yes its been a very miserable 18 months working so hard for so little and I could say I have well learnt my lesson with these types of company's, The good news is Christmas has come early, I have a cheque being cleared tomorrow morning with my bank for around £3500 for MIS sold ppi dating a few years back, So as you can imagine I have a piece of paper with all the PDL company's numbers ready to phone tomorrow, I don't want to be fobbed off and pay anything more than I have to as I have payed lots and lots in interest already.. Am I entitled to a rebate of interest because im only half way through my month... I need to know the facts before I call, I would appreciate anyone's advice, as of from tomorrow I will be free from payday loans and will be living my life again.. I really cannot wait for tomorrow, and it will be the last time I deal with these rouges.. Finally.. :j:beer::T

Stereo

Congratulations on being free from the misery of payday loans :beer:

I would be surprised if they pay back any interest, purely because they are (in my opinion), legal loan sharks.

gizmo111

Very few of them charge daily - who are your loans with?

nyc_451

Two years ago it was the same story, wasn't it?

smithy151

QQ , PDUK, PD express and Mr lender..

simon2010

Dont phone QQ, so annoying.

Use the live chat on the website to settle, and yes they do offer an early settlement figure!

Well done for getting out, have a word with yourself and never use them again!

smithy151

Im affraid so.. Although the only differnce is im 15000 out of debt, no credit cards.. no normal loans.. no hp .. should have learnt my lesson when my pride and joy had to be sold to be replaced with something you have to start with a crank handle.

gizmo111

smithy151 wrote: »

Im affraid so.. Although the only differnce is im 15000 out of debt, no credit cards.. no normal loans.. no hp .. should have learnt my lesson when my pride and joy had to be sold to be replaced with something you have to start with a crank handle.

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