Wonga Question

MammaLewis

I emailed Wonga this weekend requesting a payment plan and for them to freeze the interest. I just wondered if anyone else has done the same and how long it took to get a response and how they responded?

Thanks

spacey2012

They normally respond by taking every penny out of your bank without warning, such as wage payments.

MammaLewis

spacey2012 wrote: »

They normally respond by taking every penny out of your bank without warning, such as wage payments.

I've seen some people have fair dealings with them. They won't take anything from my bank as nothing will go in it.

spacey2012

Does it have an overdraft ? can they over draw the account.
If they can, they will.

MammaLewis

spacey2012 wrote: »

Does it have an overdraft ? can they over draw the account.
If they can, they will.

There will be no money, including overdraft for them to access.

spacey2012

Once they establish they can not raid your bank, they will open dialogue, but only after exhausting all possible opportunities to grab back the money.
They make the grab attempts by night.

As long as you dont have any Bricks and mortar property, they will negotiate.

MammaLewis

spacey2012 wrote: »

Once they establish they can not raid your bank, they will open dialogue, but only after exhausting all possible opportunities to grab back the money.
They make the grab attempts by night.

As long as you dont have any Bricks and mortar property, they will negotiate.

Have you dealt with Wonga yourself then? I've seen some people have fairly reasonable dealings with them when it comes to being unable to pay.

spacey2012

I have dealt with others, considered vulnerable people at risk.
Once they have run down the list of ways of getting the money, bank raiding, property charging, the loss prevention team are allowed to make payment plans.
All I can really advise is unless you are intending never to pay it back, sell up and clear it off.
The interest rate is 2334% APR on non default and 4214% APR in default.

debtfreewanabe

Call them!
I have had all sorts of dealings with them and they are surprisingly quite reasonable on the phone.
They allowed me to arrange a repayment plan where I went to a website and entered all my details of income etc and they work out what I can afford.
Worth the couple of pounds it costed to ring them!

OneLife_OneShot

As the above person stated, ring them and they will set up a plan and freeze interest you can keep in contact with them through e-mail but your best bet is to do set it up over the phone, this happened to me once before and that is how I did it.

Howstupid44

Hi,

I too have got into the payday loan cycle & felt I had to do something about it. I had prepared, changed bank accounts, cancelled the CPA and then wrote to the company's - there are 7 of them, I am soooo cross with myself.

Anyway Wonga is one of them, I actually wrote to Wonga on 21st December explaining my financial circumstances, I had an automated response and I know it's been the Christmas period but I had to remind them yesterday by forwarding an email I'd already sent that I hadn't had a reply,

I had also sent them an income & expenditure sheet showing that I could repay them £90.00 per month. I've had a reply today saying they want £120! I don't have that & it shows on the I&E sheet, have written back stating that. Do they take notice of this??!

I wrote to debtmanagement@wonga.com
That's the email address I feel I've had the quickest response from.

By the way the other 6 PDL companies have been fine & agreed to my repayment plan, although I have had a really difficult time with Swift Sterling who have threatened to pass into an external debt collected who they say may come to my work establishment or home. I'm not so bothered about home but work! Can they do that?

I know I've been stupid & I will pay every penny back but they have scared me - any advice please?

Thanks