thanks that does help and yes they said £65 over 24 months, i didnt realise myself until after i put the phone down, i will be speaking to them about that tomorrow, i am not paying over £1500 for a £500 loan, and will not be paying anything until i have the agreement thanks

ive just phoned experto they asked me the amount of all my bills per month and said that i have to pay £65 per month for 24 months, then they asked me for my bank details which i said i didnt have to hand at the moment. i said i will phone them tomorrow with my details, i then asked if i could have the agreement in writing, they said you will get the agreement in writing once the first payment has been made.. i dont trust these, do u think i should demand the agreement in writing before making my first payment? also i have told them my place of work, could they contact my work and get money took direct from my wage?

i have googled them and most of the posts i have found are by people who owe massive amounts and some peoples debts are from years ago, wonga might have only just started using them but ive never heard of them. i will take your advice and offer £50 per month first but i am going to speak to them by phone, they can threaten me all they like im beyond worrying, i just want it sorted. also i have read that they buy the debt for a fraction of the amount and charge you the full lot, it should be illegal, its discusting. oh and the original loan was £500

also iv been emailing wonga for months offering payments, but no joy they just wanted the full amount and no less

hi i got into debt with wonga a few months ago and with the interest it is now £1200, i have recieved a letter from experto credite saying we have been instructed by wonga to recover the balance outstanding on the above account. as you have failed to respond to all offers of assistance made by our client, (they have not offered me any agreement) we now demand immediate payment of the balance in full. if you do not send payment in full within 7 days from the date of this letter, we will assume you have no intention of dealing with this matter and we may pass your account to our sollicitors who will consider an appropriate course of action to take to recover the outstanding balance from you. to avoid this action you must contact us within 7 days from the date of this letter on telephone number .............. if we do not hear from you we will continue our action until contact is made. i dont want to argue over the debt with them or anything i just want to pay and get rid of it, the problem is i cannot afford it. i can probably get £500/£600 in a months time and give them that to start with then i could pay the rest monthly at around £50 per month, i could do with some advice on what to say to them and how to deal with them. thanks