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Iwcoa
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Mark_C_Lee
Posts: 1 Newbie
Hi all,
I'm new to the site so bare with me. I've had a lot of financial difficulties after being defrauded by people who were supposed to have been investing in my company (Action Fraud now dealing) anyway because of them I incurred a lot of personal credit which I put into my company - it all got too much and I tried to take my own life in Jan this year.
I then began rebuilding my life and sorting out (with the help of my brilliant wife) my and the company's finances. All my personal and corporate creditors have been excellent including my business band apart from 1 - IWOCA. Despite them transferring the debt to a debt collector when having missed a few payments and told them what was happening - I assumed that they had closed the account - 7 months later when I'm trying to arrange a repayment I;ve found out that they have continued to add extortionate interest at 4% month so they've added another £2k onto the debt. I think this is really unethical and worthy behavior of pay day loan companies - surely they can't do this seems ethically wrong. I don't dispute that I owe them the money but despite providing them with all the medical evidence and Action Fraud stuff they won't budge - where shall I try next FCA? Any help appreciated Mark
I'm new to the site so bare with me. I've had a lot of financial difficulties after being defrauded by people who were supposed to have been investing in my company (Action Fraud now dealing) anyway because of them I incurred a lot of personal credit which I put into my company - it all got too much and I tried to take my own life in Jan this year.
I then began rebuilding my life and sorting out (with the help of my brilliant wife) my and the company's finances. All my personal and corporate creditors have been excellent including my business band apart from 1 - IWOCA. Despite them transferring the debt to a debt collector when having missed a few payments and told them what was happening - I assumed that they had closed the account - 7 months later when I'm trying to arrange a repayment I;ve found out that they have continued to add extortionate interest at 4% month so they've added another £2k onto the debt. I think this is really unethical and worthy behavior of pay day loan companies - surely they can't do this seems ethically wrong. I don't dispute that I owe them the money but despite providing them with all the medical evidence and Action Fraud stuff they won't budge - where shall I try next FCA? Any help appreciated Mark
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Sorry for the problems you have. I don't have any answers but you may get more help on the Debt Free Wannabe board. Sorry but I cant move posts.Aiming to make £7,500 online in 20220
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