jojo88
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247 money box / Active securities
jojo88 replied to jojo88's topic in PayDay loans and Short Term loans - General
ok Thanks very much for your help -
247 money box / Active securities
jojo88 replied to jojo88's topic in PayDay loans and Short Term loans - General
They are ignoring all letters I send however writing to me telling me to pay 141? Do i just send the letter again then -
247 money box / Active securities
jojo88 replied to jojo88's topic in PayDay loans and Short Term loans - General
Thanks very much. I think I will send a cheque payable for 76-92 as this would equal me paying back 150.00 in total on the loan of 100.00 I will once again send a signed for letter along with the cheque stating the above ie. breakdown of charges. Many Thanks for your help -
247 money box / Active securities
jojo88 replied to jojo88's topic in PayDay loans and Short Term loans - General
Ok so If I took out a loan of 100.00 which included a 20.00 fast process fee over 20 days. They say they interest rate is one of the following:- 1.2% a day 438% per annum fixed representative APR 17203.7% How the heck do I work out what I owe?? Thanks in advance -
247 money box / Active securities
jojo88 replied to jojo88's topic in PayDay loans and Short Term loans - General
Anyone? does this sound right for the amount of interest or too much. The 2 payments I made were on the day the debt was due. so realistically I should have only owed around 50.00??? -
Hi all, I know this was stupid but 3months ago I took out a payday loan with 247 moneybox / Active Securities. I wasnt able to pay this back due to being ill and not being able to work for 2 weeks. I took out a loan amount of 100.00 plus interest. I have managed to make 2 payments totaling 73-08 They have recently sent me a letter asking me to pay the remaining balance in full of 141.62!!!! I have twice asked them for a breakdown of charges and they have completely ignored me! Surely this cant be right? a loan amount of 100.00 and total debt of 214.70?? Thats double what i took out? Can anyone help please?
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