should l pay payday loan before my DMP start?

spompam

lm really worried about my payday loan
lm new on here l would like to ask l've got about 14 creditors about £15900and 3 of them im worries is payday loan unclebuck £250
poundtopockets £600
and swiftstering £550 all them 3 will come up on 28 February!2019 .
l have been apply DMP with stepchange waiting for my application my question is do l have to pay payday loan as l ask them to hold my interest but they are unable to do that? im worries as l read on here people say not paying them anymore?
if l dont pay payday loan they will get me £15 late payment!
l did ask them!

Unfortunately, until we receive a copy of a letter of authority from your third party representative or the reference number they would have provided you with we are!unable!to place your account on hold.

Once we receive this information, a temporary hold will be applied on your account to allow them to get further documentation to us.

Your options for payment are shown at the bottom of this email. Please ensure you quote your reference and retain a receipt or proof of payment if available.

Please contact us on the number below to discuss how we can help you resolve your current financial difficulties.

Regards
Collections Department
Uncle Buck

what should l do next ?

Willing2Learn

Hi,

It is good that you are working with StepChange

If you have already contacted them (UncleBuck), asking them to freeze interest and charges while you seek professional advice, then I would not pay them a penny until the DMP is officially up and running.

spompam

but they unable to put my account on hold this is mean l have more interested and late paymeant fees?

sourcrates

spompam wrote: »

but they unable to put my account on hold this is mean l have more interested and late paymeant fees?

Hi,

They are well able to put your account on hold, they are just been pedantic.

You need to stop fretting over things like that, you must remove the payday loan companies ability to debt your account, that usually entails cancelling the constant payment authority they have on your debt card, with your bank.

Don’t worry about a few charges, you should treat all your unsecured creditors the same, so stop paying all of them, tell them your seeking advice from stepchange, save up a good emergency fund, and wait till stepchange spring into action.

spompam

thank you for answer it just im so worry cant get my head around when they Refused me.

sourcrates

spompam wrote: »

thank you for answer it just im so worry cant get my head around when they Refused me.

Then do as advised above, and just take them out of the equation, they are notoriously hard to deal with uncle buck.
They can do anything they like, they are just been awkward.

Willing2Learn

@ spompam - And besides, you can complain to UncleBuck about any (unfair) interest or charges after the DMP has officially begun.

spompam

l habe been contacted them to cancel my CPA done all the thing. just when you are worry and stress out can get over things like that. l deal every on my own with out my partner knowing so keep eating my mind.

Madfool

spompam wrote: »

l habe been contacted them to cancel my CPA done all the thing. just when you are worry and stress out can get over things like that. l deal every on my own with out my partner knowing so keep eating my mind.

Without being too nosy, can i ask why you're keep everything to yourself and not tell your partner? Where has the advance gone from these payday loans? all of them are due at the end of the month, so i'm presuming they are all new or all rolled over? have you taken payday loans to gamble, or buy expensive gifts?

The reason for asking is because i use to be in the exact same boat as it seems you are (i still have horrendous debt, but i'm now finally dealing with it) but i use to keep things quite and run up payday loan after payday loan. It will eat away at you, and you will start to stress which i think you already have from your previous post and posting twice on the forums here the same question.

No one judges here, but you will get a lot more advice and help the more you can tell people, and the reasons behind them.

A problem shared, is a problem solved.

On to some advice, i was on a DMP about 15 years ago. STOP paying EVERYTHING that is unsecured, until the DMP is up and running. Use this time to save an emergency fund. Get the payment authority thing cancelled. I found the best way to do this is to contact the bank and just cancel your card, and request a new ATM card. Only a ATM card that is, NOT a debit card! This will also help you stop taking out payday loans. Failing that open a new basic bank account, for your wages / benefit payments.

and above all else DON'T WORRY

spompam

Thank for advice,beginning l have no payday loan only just loan on beginning of this year 19 back to 2018 on 13 November my father falt in the toilet and took him only 7 days and pass away then l flew to thailand use my credit card for the ticket as oneway £525 as l not sure when l will be back on 5 of November 2018 lm back to the uk use credit card for ticket again (use somemore in over there) when lm back it about Christmas time l get thing up fot my son that it come up over the place. when l went to my father funeral l have leave wirk for 2 weeks unpaid for week. that all l not want my partner know l have struck and worry about as he already have his problem with his mental health.

Madfool

spompam wrote: »

Thank for advice,beginning l have no payday loan only just loan on beginning of this year 19 back to 2018 on 13 November my father falt in the toilet and took him only 7 days and pass away then l flew to thailand use my credit card for the ticket as oneway £525 as l not sure when l will be back on 5 of November 2018 lm back to the uk use credit card for ticket again (use somemore in over there) when lm back it about Christmas time l get thing up fot my son that it come up over the place. when l went to my father funeral l have leave wirk for 2 weeks unpaid for week. that all l not want my partner know l have struck and worry about as he already have his problem with his mental health.

WoW! That is a lot to take in and some very unfortunate luck Ever so sorry for the lose of your Father

You should really talk to your partner though about the whole situation, or if you really do not want to talk to her for whatever reason then talk to someone else. You have already mentioned Mental Health, and I applaud you so much for saying that as a lot of people do not like to talk about it. Just talking about things helps A LOT.

For now stop worrying about if you should pay the loans back or not, if you're going on a DMP that will sort itself. For now i want you to talk to someone, either your partner, a doctor, your pet Dog anyone to get things of your chest.