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MSE News: Wonga busted by the FCA: 330,000 to have their loan wiped

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  • Has anyone had their debt wiped where the debt had been sold on to a DCA?

    I don't think Wonga ever actually sold any debts on, at least not small ones. They got into trouble for sending letters from fake collection agencies to scare customers into paying.

    This may have changed more recently so check out your own situation. But it's likely that the letters from collection agencies are actually from Wonga and were lying to you.
  • gm3724
    gm3724 Posts: 8 Forumite
    Has anyone had their debt wiped where the debt had been sold on to a DCA?



    I have received 2 different emails from Wonga yesterday in response to me querying my outstanding loan. The first email said the debt had been legally assigned to Gothia, the second said it was assigned to Portfolio Recovery Associates. Both emails say they cannot help further and I need to contact the companies directly.
  • ok, i have received an email saying my debt will be cleared to zero by the end of the month, so they are sending them out now:j
  • Also got an email telling me the debts wiped, im more than happy about this however as ive made repayments on this loan will they get looked into i wonder, if they dont im still £700 better off but it would be nice :D
  • im-lost
    im-lost Posts: 1,927 Forumite
    So, I had a loan a couple of years ago, and haven't logged in since.

    Was 250 plus interest etc etc, and it's been bouncing around their debt collection fir about 18 months, was in a motorbike accident about 15 months ago, so nothing not a priority had been on the back burner. On my credit file it shows as £541 owing in total.

    Just logged in and my account balance is zero?

    Is this because it was passed to debt collection / sold on, or because it was written off?

    No longer have the email fir the account, was a domain email account, so I won't get emails about thus from wonga, and I can't change the email as I don't remember the bank account number used for it, have slapped and changed accounts a year or so ago.
  • hoops77
    hoops77 Posts: 63 Forumite
    £1393 written off this evening
  • i had made repayments too, but its judged on how many days in arrears the original loan is in, it has to be over 30 for them to wipe it clear
  • im-lost wrote: »
    So, I had a loan a couple of years ago, and haven't logged in since.

    Was 250 plus interest etc etc, and it's been bouncing around their debt collection fir about 18 months, was in a motorbike accident about 15 months ago, so nothing not a priority had been on the back burner. On my credit file it shows as £541 owing in total.

    Just logged in and my account balance is zero?

    Is this because it was passed to debt collection / sold on, or because it was written off?

    No longer have the email fir the account, was a domain email account, so I won't get emails about thus from wonga, and I can't change the email as I don't remember the bank account number used for it, have slapped and changed accounts a year or so ago.
    I don't think so. My email says will be zero'd by the end of October (as the others have also said) and when I logged into my account it still showed the full amount of arrears and no of days overdue.
  • Ph12hd
    Ph12hd Posts: 5 Forumite
    Twin_mummy wrote: »
    I don't think so. My email says will be zero'd by the end of October (as the others have also said) and when I logged into my account it still showed the full amount of arrears and no of days overdue.

    I logged in too & mine still says the outstanding amount and number of days due
  • no email for me yet but my daughter had an email this evening wiping the debt off. I believe it can be tonight and tomorrow to receive a email.
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