Hi Took out a £400 loan with lendingstream 12/5/11, have not made any payments and now resolution recoveries is after me for £902, thats a bit over the top for 3 months. RR phone-voicemail-text-email me twice, the 2nd time I contacted them via email, it took them 48h+ to reply, here is their initial email, my response and theirs: Resolution Recoveries Simpson House Windsor Court Clarence Drive Harrogate HG1 2PE T +44 (0)8442 451 235 F +44 (0)8442 097 164 Payment is now overdue for your short term loan agreement with Lending Stream as a result your account has been passed to Resolution Recoveries legal department. If successful action is taken against you the results may be: - Obtaining a county court judgment making it difficult for you to obtain credit - An application to your employer for an attachment of earnings - Seizure of your assets by Bailiff or Sheriff All legal costs incurred will be made payable by you. If you are withholding payment for any reason, or are experiencing difficulties in paying, this is your final opportunity to contact us on: 0844 2451235 Resolution Recoveries | T 08442 451 235 The Nostrum Group Limited. Registered in England No 04274181. MY REPLY: Subject: RE: Lending Stream - Reference : 224059 Agreement Number :224059 Original Loan Amount:£400.00 Loan Commencement Date :12/05/2011 Whats the outstanding amount due on my 3month old £400 loan? THEIR LAST RESPONSE: Resolution Recoveries Simpson House Windsor Court Clarence Drive Harrogate HG1 2PE T +44 (0)8442 451 235 F +44 (0)8442 097 164 Dear Mr Reneyke, We can confirm the uptodate balance of your Lending Stream loan is £902.00 and he arrears on the account stand at £542.00. Please contact us by telephone on 0844 245 1235 to confirm how you intend to clear the balance owed. Yours sincerely Resolution Recoveries Telephone 08442 451 235 I can afford to repay them 3x£50 and clear the rest on the 4th payment but tbh I dont want to as £500 interest is nuts on a £400 3month old loan. Is there anything I can do or should I just pay them £902, it hurts typing that

verbally unlike all the other pdl companies who accepted my repayment plans express was having none of it, they wanted me to defer but finally agreed a short while back. Please, I still need some help with lendingstream

Hi Got some bad debts here and there, all my creditors are happy now and I should be debt free come xmas. I've been trying to organise a payment plan with lendingstream the day I defaulted on all my pdl's, which was only a few months ago. Everyone execpt Ls and pdexpress was easy to deal with. Payday express has been sorted since. Now I'm stuck with lendingstream. I was about to call them/Resolution recoveries and offer them 3x£30 and the outstanding balance on xmas but I logged into my account first and saw this: Existing Loan Agreement Number :224059 Original Loan Amount :£400.00 Balance Outstanding :£902.00 Arrears Outstanding :£520.0 + £22.00Pay Now Loan Commencement Date :12/05/2011 I knew there was some charges, was going to offer resolution recoveries £30x3 and then about £600 in december, but then i saw the balance of £902 and thats out of order, they didnt want my repayment plan covering 4-5months because they want to add all this interest. Please, how should I handle this, Note the loan date 12/5/11. to date Ife received 1 missed call and one text msg from resolution recoveries about 2 weeks ago, nothing else.

No, dd This is actually the 2nd time I've done this with wonga in the last 5 months so i'm happy with a direct debit again

Hi Just some info on my experience in setting up a payment plan once i defaulted with Wonga. The loan amount was 999.00 the full payment of 1301 was due 8/8/11. I sent them the following email 8am 9/8/11 To: debtmanagement@wongaDOTcom Subject: **** **** arrears My name dob address Original loan amount £999.00 Transfer fee £0 Date loan taken Saturday 09 July Hi My account is 1 day overdue, I have so many payday loans its out of control.I'm hoping you would accept a payment arrangement as I need to stop borrowing in order to repay all my pdl's I owe you £1334.56, will you accept if I fully repay you in 5 payments of £266.91 Thanks ----------------------------------------------------------------------------------- Got a reply 5hours later from collections@wongaDOTcom Hi, We can confirm your offer of £266.91 per month has been accepted. Before we can put this repayment arrangement in place, we need to know when the payments will be received. Please reply to this email with the date payments will be made, and we will let you know once everything has been set up. This agreement will remain in place for a period of 6 months, at the end of which we will require you to review the client's finances and resubmit their financial statement. If you have any further queries regarding this information, please do not hesitate to contact the Hardship Team on 08448429110. We are available between 9am-6pm, Monday to Friday. Kind Regards, Hardship Team Wonga.com debtmanagement@wongaDOTcom

Just a quick update on payday express, I unbanned their telephone number today and answered their usual 1st attempt at calling me at 10am, had to sort this asap as its embarrassing that they called my place of work while i was away, and a work guy posted a huge note for me in the staff kitchen informing me AND 30 other people a payday company is after me. Anyway, explained to her my situation and that I tried to remedy all of this 2 months ago, a quick income and outgoings list and she was happy to accept £50 a month for 3 months then a review. But before she would hang up she said a gesture of goodwill would go a long-way, she wanted a July payment of £30, I said i have access to 4 pence in my current account. She replied with, Can you do £25? I said no I don't have any money, payday is still 2 weeks away. She went down to £10. Setting up the payment plan was easy even pleasant up-to this point but luckily she backed down after the £10 request.

Hi Been avoiding my finances for a longtime as I know its in a bad state. Some might say its not as bad as you can clear it all in only a few months, theres the problem, I only have a few months income left before I relocate and have no income at all. I'll list all my loans and hope someone can give me some insight hsbc managed loan £900 £25 p/m its a very old loan 7years+ vanquish cc £500 £25 p/m minimum payment capital one cc £500 £25 p/m minimum payment Virgin-media £225 been i gnoring their letters, debt was 160, they stopped my service but is still charging me a monthly fee for a service they stopped supplying, im no longer under contract with them Capquest £180 £60 p/m payment plan 3 payment left ukpayday £344 £172 p/m payment plan 2 payment left quickquid £625 £312.50 p/m payment plan 2 payment left wonga £1300 minimum due on the 10th is £300 to extend lendingstream £400 loan 12/05/11 today i owe them £780, tried to set up a payment plan 10/05/11 and they was having none of it paydayexpress £320 today i owe £575, same as lendingstream, I tried to set up a payment plan 10/05/11 and was told if I have a job I cant be in finacial hardship therefore cant set up a payment plan. As of 3weeks ago I started getting phone calls from Paydayexpress hq, I have not answered any of those calls and now they called my job and all my collegues know a payday company is looking for me. Barclays £700 no payments made to date, they have been trying to call me for 1 month now. Its my old current account with a £500 reserve, so thats the £500 reserve used and they add £22 a week in charges I get paid the 10th of each month into a seperate account, never less than £1550 every other month £50 or so more and these are my expenses or rather the bare minimum I need Rent all incl £345 Food £75 Travel £69 Phone £10 So I have £1050 a month to repay them all, I have 5 maybe 6months left of income. The payday loan intrest is killing me, I'm shaking uncontrolably everytime i think about my finaces nevermind looking at them. I've been in the Uk for 12.5 years and I have nothing but debt to my name, I'm returning to South Africa in dec or january for good. I dont want the stress of debt chasing me if I just uped and go, I would really love to have a clean slate...a bank balance of £0 but then I have nothing at the age of 35. I was thinking if i repay my proper debt ie. banks and cc's and maybe make good on the existing payment plans which are all so close to be fully paid off and ignore those payday companies I have not contacted yet then maybe ill have £2000 to start my life over. But I'm scared at the way they add intrest, wonga,payday express and lendingstream today stand at £2650 and wonga alone's apr is well over 4000 %. When i write this down and read it, it becomes real yet again, thats why ignoring it helps for my short term stress levels. Please if you can offer any advice or insight it will be appreciated, please dont preach to me about the evils of payday loans at the time it couldnt be avoided. Spent most of the night looking for a second income but as I'm already at work 15 hours a day including travel time the odd off day i get is really needed. And all those working from home jobs look like pyramid schemes so doubt I can up my income at all. Thanks for your time