I have lots of debt i am trying hard to clear and am setting up repayment plans where I can. I am really struggling and need any help advice please, i have payday loans and credit cards.
i have approached lending stream and had the below response. I offered them a payment of £15 month and this is the response ......
Youraccount has been passed over to myself for further review. Thank you for youremail outlining your income & expenditure form.
My name isMichael and I work in the repayment plan department at Mr Lender. My role is toprovide advice and support to our customers who may be experiencing financialhardship. We would like to work with you in order to alleviate some of thepressures you may be experiencing as a result of your current financialsituation. We understand you may be in financial difficulty and we would liketo put you in a repayment plan to make things easier for you.
Youroutstanding balance is £836.00 We wanted to offer you the followingadditional help in order to close your account with us.
Wewanted to offer you the following option:
Place youin a repayment plan for your balance of £836.00. This will mean you willnot be paying off the interest but actually paying off your outstandingbalance. We will therefore freeze your balance and stop any further charges orinterest from being added. We would like to offer you a repayment plan oversix months for £139.33 per month. If £139.33 is too much, you will need tocomplete and return the following:
· Attachedincome & expenditure form (we understand you have already detailed it inyour email but if you can fill out our own one that would be great)
· Twomonths wage slips including most recent showing salary
· Documentationstating you have other outstanding debt-Please provide the following officialdocumentation: Barclycard, Capital One and Mercers will suffice
.Two months bank statements including most recent one
Pleasesee the repayment plan options below:
Ninemonths – £92.89
Tenmonths – £83.60
Elevenmonths – £76.00
If theabove is still not manageable please complete the attached income &expenditure form along with your offer of payment. Once received and reviewed,we shall then be in contact with you regarding an outcome.
In order for us toset up your repayment plan and freeze your account you will need to make yourfirst payment today. If this is not possible, we would accept a small tokenpayment to set up your repayment plan. We are unable to set up your repaymentplan without taking a payment.
On whatdate would you like to make your other payments and please confirm we have yourcorrect card details ending in ? If you have a new card please fill in thebelow:
16 digitcard no:
Startdate:
Expirydate:
Last 3digits on back of card:
Alternativelyyou can pay by bank transfer. Please find our bank details below. When makingpayment please provide your reference number:
Bank:Barclays
Accountno: 23824616
Sortcode: 20 95 61
Referenceno:
Onceyour account is closed it will be marked in a positive manner and may make iteasier for you to obtain future credit.
As soon aswe receive your response we shall either arrange for your repayment plan to beset up or we will be in contact after we have reviewed your income & expenditure.Please be advised payment would need to be made today in order for us to actionthis.
Alternatively we can pass your account to our preferredfinancial solutions specialists. They will look to do the following to help you:
· They will wipeyour debt of £836.00 completely clean to Zero andclose your account with Mr Lender
· They will stop your account from beingsold to a debt collection agency called Motormile Finance for doorstepcollection
· They will put a stop to Mr Lender contacting youvia phone, text and email
· They will provide you with further supportwith your other creditors
They work with our customers who are in financialdifficulty and ultimately will save you money
Pleasealso see the link below where you will find a number of free debt counsellingorganisations who can help you.
We waityour response.