Can you elaborate on the interesting reply?

When I defaulted with Minicredit they issued a default the same day of my missed payment so not sure if this 3 payments behind thing is true.

I could possibly start to pay that amount in a couple of months time when a couple of my other debts will have cleared but not right now.

OK this hasn't gone well. Below is the series of emails (looks like its back to the FOS for me):- Me:- After reviewing the figures in the statement I believe that The Money Shop are trying to charge me way too much to settle this outstanding debt. I've already paid several times more than the initial cost of the loan & I think that asking for an extra £600+ is just wrong. Could you please ask if The Money Shop could review this figure & get back to me with a more realistic sum. Please also indicate whether this is their full & final offer. Emp: Sorry for later reply, we offer you full and final offer £400 to clear this account, this offer available till 30/11/12. Please let me know. Me:- Thanks for the offer, however I still feel that is too much considering how much I've already paid. I am happy to receive any revised offer however & I'm glad that we seem to be finally moving in the right direction regarding getting this resolved. Emp: Would you like to make a full and final offer to close this account? I can always ask the question to Moneyshop. It will be their decision to accept the offer or not. Me: I will have a think about what I consider a fair offer and get back to you. Whatever I end up paying I will most likely not be able to pay it all in one lump sum and so would need to pay over a few months. Would this cause a problem? Emp: I can offer F&F £400 to clear over 4 instalments. Please let me know. Me: I'm prepared to pay £300 over 6 monthly installments (Starting December) if you can arrange that for me. Emp: We can't do £300 over 6 months. As I mentioned, will be able to settle for £400 over 4 instalments. Me: I can't afford any more than £50 a month. Would you settle for £350 over 7 months? Emp: Final offer will be £400 over 5 months to clear- that’s £80 month. Let me know. Me: I really can't afford more than £50 a month. Even this amount will be a struggle. Emp: Please complete attached Income and Expenditure and return to me , I will go to client to see if they accept £50 for 6 months as full and final . Me: Please find attached my I & E form. Emp: I have a reply from client, they are offering full and final £376.45 or £50 month to clear full balance. This is the final offer for you to decide. Let me know. Me: Is that full balance (£50 a month) £400? Emp: Full balance is £627.42. Me: Sorry but £627 is way too much and I can't afford £376 all at once. Emp: I can’t offer any further assistance on this matter, we will accept £50 month to clear full balance. Full debt recovery commence from today if no agreement reached.

Surely this shouldnt be allowed to happen - the money you have paid so far should be considered when making an offer to them. The PDL is Money Shop & the DCA is Empingham (who to be fair have been 100 times more helpful than The Money Shop ever were).

The debt collection agency don't own the debt - the original PDL company still does.

I have been trying to reach an agreement with a Payday Loan company for about 10 months now & have a complaint with the FOS ongoing with them. I am dealing with a DCA & not the original loan company although the original loan company still own the debt as far as I can tell. The original loan was for £300 (£375 with interest). I ended up rolling it over for about 10 months so have paid £750 more or less but the loan still stood at £300 (I was only paying interest). The loan company wanted over £600 to clear the account but I told them that was too much - they are now saying they will accept £400 as full & final. I still feel this is too much. I told them this & they have said ok well make us an offer. I just wanted some advice/opinions as to what I should offer now.

When I had a default notice from Minicredit, my missed payment was 31st January - my default was issued (and is reflected on my credit file) on 1st February - before they had even sent me a single letter.

I think by this stage I was so sick of them I reported them to the FOS & OFT - which I suggest you should do too.

I've recently had a mortgage refused, the mortgage broker said its because I have payday loans on my credit file. Asided from they they have almost cost me my marriage (when the Mrs found out), my job (because they kept calling my work on an emergency only number & refused to stop) and my sanity. My credit file is now messed up for years to come because of these horrid things - they should all be shut down.

I had one of those exact letters & ignored it - nothing happened.

he he .. I received the EXACT same letter yesterday too.

OK the debt has now been pass on to Mackenzie Hall. I received a letter from them stating that I must pay by the 19th at noon or else (I received the letter on the 18th!). They also said that they have issued a default with callcredit & they will take me to court if I dont pay by the 19th. They have also started calling me at work. I've written back to them offering to set up a payment plan & also asking them to only contact me by email or post. I've also expressed my disatisfaction at them issuing a default in their first letter to me without even attempting to get payment first. Anyone got any suggestions? Can I get the default reveresed? Can they even issue one without asking me for payment first?

Sorry to sound thick but I've had a look at the templates & cant find the prove it letter.

I am currently attempting to deal with CRS. The original debt was with Money Shop & was for £350. I've already paid over £750 in rollover fees & then refused to pay any more. CRS are now asking for more than £500. I've asked them 5 times now for a breakdown of the amount & to prove I owe it but they seem unable to do so & instead keep hassassing me with ever more threatening emails. Until they can clarify the debt then they are not getting any more responses from me. I suggest you ask them for a breakdown of what they claim you owe & also to prove that you owe this debt. I'm guessing they will be unable to do so too which puts them in a bad position should they want to pursue you further.