We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Zopa loan

Peters5468
Peters5468 Posts: 17 Forumite
Fifth Anniversary Combo Breaker First Post
in Debt-free wannabe
Hi

My Zopa loan has recently defaulted and I have now written to them to explain how much I can afford to pay monthly. My letter has been acknowledged and they have invited me to provide income & expenditure information. Please could someone advise if I need to complete this? I also have other debts to consider.  I've already made an offer and indicated that I will be setting up a standing order from next month onwards. 

Many thanks

Comments

  • RAS
    RAS Posts: 36,417 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Who now owns you Zopa debt. Is the default on your credit record?
    If you've have not made a mistake, you've made nothing
  • Peters5468
    Peters5468 Posts: 17 Forumite
    Fifth Anniversary Combo Breaker First Post
    It’s not yet on my credit report, but I’ve received a default notice. I am unsure if Zopa sell debts on or if it’s kept in house. 
  • fatbelly
    fatbelly Posts: 23,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    Can you give them an inc/exp statement thst justifies your offer? Might tske a few minutes but will kerp them happy
  • RAS
    RAS Posts: 36,417 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Spell checks a nightmare at the moment.
    If you've have not made a mistake, you've made nothing
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture