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

danquick

Has anyone had there debt wiped yet ????

ViolaLass

Lexx0r wrote: »

Wondering when this will all be resolved on the credit report.
Mine still shows as outstanding- not ideal.

I have a few Wonga loans from 2011 (when I was a idiot) and I am wondering if Wonga would be kind enough to wipe these off my report too? I repaid on-time and would feel a little hard done by if they wipe outstanding money and the report for that one, but not the positive use of their service that is also affecting my report as they are " Payday Loans "

Id sooner pay back the full amount they say I owe them and have a completely clean account than them wipe some outstanding amount and leave loads of "Satisfied" accounts on my file.

Why on earth would they remove fully-paid-up loans from your credit report?

RuthnJasper

danquick wrote: »

Has anyone had there debt wiped yet ????

I have, happily. They notified me by email.

danquick

RuthnJasper wrote: »

I have, happily. They notified me by email.

was that today?

RuthnJasper

danquick wrote: »

was that today?

I got the email on 10 October. They promised another to confirm the loan balance was £0. Haven't had this yet, but I know that they haven't taken the instalment from my bank today.

Lesson learned about PDLs, thankfully. Does anyone know if other lenders like Payday Express are likely to follow Wonga's example...?

mollymegan

My account hasn't been updated yet, saying they've attempted multiple times to take payment and a link to request a payment arrangement . I expected it to be wiped by now.

vicarondo

Just this second checked mine and its says £0 now, only been done in last 30 mins as checked earlier

bbfc

vicarondo wrote: »

Just this second checked mine and its says £0 now, only been done in last 30 mins as checked earlier

Mine hasn't been updated yet.

Twin_mummy

Neither has mine??

mollymegan

Checked this morning and my loan details have all gone but there is message :-

Welcome back!

Your application is being processed, please check back shortly to view your loan details or for your application decision.

If you’ve been waiting for a response for more than 24 hours, you’re welcome to contact our customer care team.

This wasn't what I expected thought it would say £0.00 owed or something similar.