Hi all.
A few years ago, I got myself into a mess with various payday loans and have spent the last couple of years paying them all off. Earlier this week I received an email from a company called "kapama credit" stating an account of mine had been passed onto them from Opos.
The loan in question is from minicredit. A loan for £100 of which I only received £80. Due to being in the midst of my payday loan mess, this wasn't paid back.. As my head was firmly stuck in the sand, I did nothing.
I was in touch with opos back in 2012 and at one point was offered the chance to pay a settlement of £150 which ended up not paying.
The email i received this week states I owe over £700. In a panic, I offered them the £150 again, which they refused, stating the minimum they can accept is £392!! I then asked them for a breakdown of the account and this is their response:
Principle - £59.89
Interest - £69
Attepmted payment fees - £555.50
Debt collection fee - £100
I want this sorted asap but not sure of my next steps. How much of this do I technically owe?