Urgent Debt Advice

Callum1510

ManyWays said:

You said you have made some affordability complaints; I hope this includes loans2Go?

Hey yes it does I’ve sent to ombudsman awaiting a response now. Thanks 

Callum1510

sourcrates said:

Keep your eye on what they send you, as, although quite rare, some lenders will go straight to legal action, and bypass the debt collection process altogether, sometimes its difficult to predict what they will do.

Also keep checking your credit files, once defaults are registered, you are good to go.

Thanks for this.i will just await the defaults still the and then I contact the debt collection company to make some payment plans direct? Is this correct? What if they go straight to legal action what is my best course of action then? Thanks 

Grumpelstiltskin

If you get a letter before action, ( that is why we tell you to open all snail mail ) come back and we will tell you how to deal with it.

ManyWays

A Letter Before Action can have several different headings on the first page. But it always has a long form attached headed Reply Form

sourcrates

Callum1510 said:

sourcrates said:

Keep your eye on what they send you, as, although quite rare, some lenders will go straight to legal action, and bypass the debt collection process altogether, sometimes its difficult to predict what they will do.

Also keep checking your credit files, once defaults are registered, you are good to go.

Thanks for this.i will just await the defaults still the and then I contact the debt collection company to make some payment plans direct? Is this correct? What if they go straight to legal action what is my best course of action then? Thanks 

They will write to you, and payments can be made on their respective websites, no need to contact them, or have anything to do with them, they are nothing more than a payments processor.

If you get the LBA in the post, you must complete the forms and agree terms to avoid it progressing to a claim, quite easy to do and is just a way to formalise matters really, but if unsure ask for advice.