Debt - Advice please

matttye

Badger3 wrote: »

I've just tried to apply for a HSBC account and been rejected due to credit score

Help? lol

Edit - just seen previous comment regarding different accounts, will try one of those

HSBC/First Direct are the most picky of the mainstream banks as far as I know.

Badger3

Does anyone know if their is an easy way to stop all the spam texts I receive from supposed loan companies saying my loan has been accepted please call .. blah blah blah....

bargainbetty

Register your number with the telephone preference service (TPS). As part of your correspondence with the PDL companies, include a note saying that you do not wish to be contacted by phone anymore, and that you wish to have your details removed from their marketing database. You withdraw any permission to use, pass on or sell your contact details.

Then delete them when they come in. It will tail off eventually.

Badger3

Just an update of how i'm getting on with setting up payment plans.

Payday Express want me to ring them, but reiterated desire for communication to be done via email .

Filled in an income/expenses sheet for PaydayUK awaiting reply.

Payment plan agreed with Unclebuck, simple only took 2 emails.

No reply from WagedayAdvance or CashGenie as yet

Payday UK £623.44
Cashgenie £325
Payday Express £501.32
UncleBuck £401.48 - Agreement set up, 4 months at £100.37 (easy to arrange - 2 emails no fuss)
WagedayAdvance £278.43
Txtloan £115

Verbatim

Well done. Hope you're feeling more in control now and therefore better!

Badger3

Definitely, just wish i knew about this site earlier and I wouldnt of got into this position in the first place!

Also i find it astonishing repayment plans aren't more advertised. Why pay off interest only if it's possible to freeze interest and pay in installments! Baffles me

*Foolish*

They don't make money from repayment plans and frozen interest! They rub their hands with glee at those who rollover their loans, even at the end of the term, if the full payment can't be made they'll have made a pretty whack in the rollover charges! There'll be plenty if people in your situation and the situation I have been in who will continue to struggle without seeking any help, these are their best customers!

Badger3

Payday UK £623.44
Cashgenie £325
Payday Express £501.32 - Agreement set up - 4 payments over 3 months £125 x 3 and then the remainder - ends 23.08.13 (easy to arrange - only 2 emails no fuss)
UncleBuck £401.48 - Agreement set up, 4 months at £100.37 - ends 23.09.13 (easy to arrange - 2 emails no fuss)
WagedayAdvance £278.43
Txtloan £115

leeroy2009

good luck badger, stick to what these guys are advising you, and stop wasting money on tarts lol.

matttye

Badger3 wrote: »

Definitely, just wish i knew about this site earlier and I wouldnt of got into this position in the first place!

Also i find it astonishing repayment plans aren't more advertised. Why pay off interest only if it's possible to freeze interest and pay in installments! Baffles me

They're not obliged to accept a repayment plan and have the option of taking you to court, but most lenders recognise a judge is unlikely to order you to pay more than you're offering in any event and just accept.

You can't pay more than you have, so they can swivel if they don't accept it and demand more.