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Interest on overpayment of attachment of earnings
Hi all,
Long time lurker here. I've not found any info on my query and I'm an avid Googler.
Back in the days of being a dumb/desperate teen, I took out various pay day loans. I'm now 27 and have paid them all off (wonga even wrote my debt off completely).
Now, my Wageday advance loan went legal and I had an attachment of earnings put against me. This was paid off eventually and I was debt free once more.
About 2 weeks ago I had a letter from Moorcroft debt collectors to say I owed them over £1000 for this 'active' debt. I've since left my former employer but have good relations so I easily had all of the details quickly, of which I have immediately sent to moor croft to confirm the debt was paid.
My former employer highlighted that they made a mistake and overpaid the debt, so now WDA owe me money.
My question is, I'm aware of tax loopholes for overpaid debt etc but none for loans. If the debt has been overpaid, am I due interest and, if so, what %?
Thanks MSE
Mike
Long time lurker here. I've not found any info on my query and I'm an avid Googler.
Back in the days of being a dumb/desperate teen, I took out various pay day loans. I'm now 27 and have paid them all off (wonga even wrote my debt off completely).
Now, my Wageday advance loan went legal and I had an attachment of earnings put against me. This was paid off eventually and I was debt free once more.
About 2 weeks ago I had a letter from Moorcroft debt collectors to say I owed them over £1000 for this 'active' debt. I've since left my former employer but have good relations so I easily had all of the details quickly, of which I have immediately sent to moor croft to confirm the debt was paid.
My former employer highlighted that they made a mistake and overpaid the debt, so now WDA owe me money.
My question is, I'm aware of tax loopholes for overpaid debt etc but none for loans. If the debt has been overpaid, am I due interest and, if so, what %?
Thanks MSE
Mike
0
Comments
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How much was overpaid?0
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Did the debt company tell your employer how much you owe them?
Seems odd. In the example of student loans they just say how much to take until further notice not how much you owe them0
This discussion has been closed.
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