We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Wonga reduced early settlement
eightiesneo
Posts: 14 Forumite
in Loans
Just wanted to say thanks to the folks in this forum who mentioned Wonga consider reduced early settlement payments.
I wasn't aware of this, but I read it on this forum and gave it ago.
This morning I owed £901. I had messed up and was already on a pre-arranged payment plan with them.
£400 Oct 27th
£400 Nov 27th
£101 Dec 27th.
Rang them and said I had been paid a little more than normal, asked if I could settle the balance here and now with a payment of £600.
They came back after 5 minutes and offered me £650.
I agreed and have paid them off, have logged in and confirm my account is now 100% clear and I am now finally free.
I am never going down this road again and advise against borrowing off these people.
Anyway just thought I'd share what happened so other people may see this and realise they can also call up and offer a reduced settlement figure.
Eightiesneo
I wasn't aware of this, but I read it on this forum and gave it ago.
This morning I owed £901. I had messed up and was already on a pre-arranged payment plan with them.
£400 Oct 27th
£400 Nov 27th
£101 Dec 27th.
Rang them and said I had been paid a little more than normal, asked if I could settle the balance here and now with a payment of £600.
They came back after 5 minutes and offered me £650.
I agreed and have paid them off, have logged in and confirm my account is now 100% clear and I am now finally free.
I am never going down this road again and advise against borrowing off these people.
Anyway just thought I'd share what happened so other people may see this and realise they can also call up and offer a reduced settlement figure.
Eightiesneo
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards