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Amigo loans readress payment
Stevey12
Posts: 2 Newbie
Hi guys looking for some adive.
I took out several loans back in 2017, i contacted amigos via resolver and they have come back with an offer that ive accepted just waiting for payment ( 6 working days in still nothing)
Now for my question, my debt went into arrears, the loans were un affordable and ended up burying my head in the sand for a few years, i finally started sorting my mess out using step change. Now as my debt went into arrears my wife ( my guarantor) was chased for the debt and like me burried her head in the sand, we had a letter around 9 months ago stating they had sold our debt to another company. So now as we have accepted the readress payment it stated she is no longer liable fot the debt, dose this mean we no longer have to pay the debt company or as i predict we continue to pay them to clear the debt owed?
Sorry its long winded but any advice is gratefully received
I took out several loans back in 2017, i contacted amigos via resolver and they have come back with an offer that ive accepted just waiting for payment ( 6 working days in still nothing)
Now for my question, my debt went into arrears, the loans were un affordable and ended up burying my head in the sand for a few years, i finally started sorting my mess out using step change. Now as my debt went into arrears my wife ( my guarantor) was chased for the debt and like me burried her head in the sand, we had a letter around 9 months ago stating they had sold our debt to another company. So now as we have accepted the readress payment it stated she is no longer liable fot the debt, dose this mean we no longer have to pay the debt company or as i predict we continue to pay them to clear the debt owed?
Sorry its long winded but any advice is gratefully received
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Comments
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No, it means you're no longer liable for it, so you don't pay it.0
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So thats what i was sent, if thats any help!
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