Hi, I really need help with this company. I took a 100 pounds loan with speed credit on the 11.09.12, but i have lost my job before the repayment time and due to being a studant i only recieve money in large lump sums and my next one is not until january. I am aware that i have been stupidly ignoring letters and calls as i have had no way to repay anything i owe them right now, however i really do wish to clear my debt and want to start corrispondence with them to come to an agreement but am unsure where to start. My origional loan repayment should have been £124, since then my debt has been passed to northen debt recovery who sent me the following email 'we have been passed your file by our client speed credit t/a speed credit pay day loan*. You took a loan with them on 11.09.12. They have made numerous attempts to contact you to arrange repayment and have offered to put you on a more flexable and affordable payment plan (which they havent as they havent talked to me at all). as you have ignored all calls, emails, letters and sms your file has now been passed to ourselves as well as solicitors. PLEASE CALL US AS A MATTER OF URGENCY ON 0843 318 0843 OTHERWISE we will be left with no option but to send out field agents to your addresses. we are also liaising with our solicitors who are in the process of obtaining a County Court Claim against you. Once this is secured we willl then be able to execute; - a warrent of execution for court baliffs to seize goods, - an attatchment of earnings to deduct sums from your income source, - a garnishing order to freeze your bank account. Legal and recovery fees have been added to your file. Below is a break down of what you owe; Loan GBP 100 Loan & Interest GBP 196 Legal Fees GBP 150 Recovery Fees GBP 200 Repayment To Date GBP 24 Total GBP 547 These fees may be reduced if you contact us immediately' I have also recieved many sms from them saying that baliffs will be coming to my house in 7..6..5 etc days..also i have recieved two texts saying 'jessica you have committed to a payment plan to settle your toothfairy loan. A payment of 96 is due tomorrow' which i am confused about as i havent committed to a payment plan and my loan was through speed credit. This morning i have recieved a letter from Appelton Massey Solicitors stating; 'Outstanding balance 523. we act for NDR who acts as agents for speed credit in relation to your speed credit payday loan*. we are informed that dispite numerous attempts to obtain payment the debt remains unpaid and outstanding. we are instructed that un;ess your remittance is recieved within 7 days or alternatively, that you contact NDER and make an acceptable arrangement for repayment, county court proceedings are to be issued to you without further notice. the issue of proceedings will incur costs which will be added to the debt if judgement is obtained and will increse the sum due significantly. In the event that a judgement is obtained, it is likley that we will be instructed to enforce judgement against you. this may involved one of the following etc.' They have also already taken out three sums of £24, £12 and £12 out of my bank account causing me to become over mt overdraft and i am now expecting to have £10 a day charges from my bank as a result. I understand i have got myself into thsi position however i feel for a 100 pounds loan this new 547 or 523 figure doesnt make sense. i want to repay what i owe but cannot afford the new figure, i am worried about baliffs and court proceedings, and also that the company wont help me as i have no actual income until my studant loans. Sorry for the long post but please help!

Hi Just tried to access the site at www.speedcredit.co.uk I get http://www.speedcredit.co.uk is unavailable or may not exist. Anyone esle got this problem? Cheers Matt

Hi, i took out a loan a few months ago with speedcredit and now they have incurred fees and the bill went to around £600 then on the 30th they said they had set up a plan for me and i paid of £96 and today i had baliffs at my house, help me what do i do?

Hi Can anybody give me some advise on DNA Debt collectors? I have never heard of them or had any correspondence until I just received a call to say they are around the corner however having trouble finding myy house

Hi all, I really need some advise please. Stupidly I took out a loan with Speed-e-loan. The amount was for £250, due to unforeseen circumstances I lost my job around the time the loan should have been paid back £397.50 Feb/Mar 2011. I was paying token payments till January when someone told me to stop, as I only owe the £397.50 and nothing more.... Now Speed-e-loans are chasing an astronomical amount (well it is to me) of £1090.51 including interest and charges. (three phone calls today from them despite me requesting everything in writing) I've emailed them today stating to provided full statement and also stuck to contact in writing only and this is what I have received from Speed-e: I've attached what they sent in the email as well, this was supposed to be a statement of account but it shows no Account number or Account holders name - It could be anyone's In addition to this, the interest applied doesn't seem right as there's 3x of the 6th June, 2x 14th June there is no pattern to the charges is it daily/weekly/monthly or when they feel like it? Really need some help, Is my friend right that I only owe them the £250 plus one months interest? Im on JSA so my money is budgeted but I know I can pay the remaining £245 within two months. [ATTACH=CONFIG]38339[/ATTACH][ATTACH=CONFIG]38338[/ATTACH][ATTACH=CONFIG]38337[/ATTACH]

Ok guys My question is how long do these people have to issue a speeding fine letter ? Reason i ask is because i was doing 33 or 34 mph in a 30 limit near our home, i have always done this speed and never seen this Van in my life but lately they have been all around our area. I was doing 33 or 34 mph on the 4th September and not heard anything as yet Secondly do they have to make themselves visible to road users ? This van was parrell parked between 2 cars making it hard for people to see him until it was too late.

I am unsure how to post a new thread but i am having problems with this company too. I have taken out a loan with speed credit, as i was desperate, I was unable to pay on friday my due date as i have lost my job. I am currently on a dmp and now today i got an email saying... 03.08.12 - Sum outstanding GBP 703 We have made a number of attempts to contact you by email and SMS to discuss the outstanding balance on the short-term loan you took out on 03.08.12 and you have made no effort to return these enquiries. We have also warned you in advance of additional charges you have incurred. As we make clear to all our customers our product is intended to be a short term financial solution. If the loan is extended this product can become expensive. As we have not heard from you and not received payment we have been left with no alternative and are writing to advise you that this debt will be passed on to our Debt Collections Agency in the next 24 hours. As per the terms of the contract between Speed Credit and yourself (see http://www.speedcredit.co.uk/terms.html) instructing the Debt Collections Team will add a further GBP 150 to the balance you owe. Debt recovery agents will call at the addresses we have on file for you until they are able to successfully collect the sums you owe. If our debt recovery agents, after a reasonable attempt at the addresses on file, cannot successfully recover the monies owed by you, we will issue a claim against you in the county court for the outstanding balance plus the further charges and recovery costs that have been incurred. You should be aware that a County Court Judgement against your name will remain for 6 years on the National Credit Records (NCR) accessed by employers, insurers and banks and may result in:- a) difficulties in obtaining future credit b) difficulties in obtaining a mortgage c) being questioned at a County Court as to your financial circumstances d) any current employers being info rmed so an application against your earnings can be issued e) difficulty in securing future employment due to an adverse credit history and credit score f) a Warrant of Execution and bailiffs being instructed We will apply for a County Court Judgement followed by a Warrant of Execution and a Bailiff order to seize goods from your addresses to be issued simultaneously to the County Court Judgement. This Warrant authorises Certificated Bailiffs to seize goods at the addresses held on file for you (including what may be your family home). These goods will be taken and put up for sale at public auction until the total amount you owe is satisfied. The initial cost of issuing a County Court Judgement is GBP 45, this will be charged to your account on the date of issue. The further court costs including solicitors time, application for a Warrant of Execution and the appointment of Bailiffs will also be added to what you owe. As you can se e this will ultimately cost you a great deal more if you do not deal with this matter now. It will also cause you a great deal of difficulty for many years to come. We strongly recommend that you settle this amount immediately to limit further costs, preserve your credit rating and your ability to gain full time employment. Please immediately pay 703 by either: 1) Paying online by visiting http://www.speedcredit.co.uk and clicking Pay Now; or 2) Make a bank transfer for GBP 703 to: Barclays Bank Account number 93462382 Sort code 20-50-94 Ref: Use your mobile number (447584327790) as a reference so we can match it correctly ALSO please EMAIL us confirming that this has been done to stop the debt being passed to the debt collectionTeam and further charges being incurred. If you ignore this and our debt recovery agency is instructed it will be a short matter of time before the CCJ is issued and Bailiffs are instructed to seize goods. We look forward to hearing from you confirming a speedy resolution of this matter. If you have already repaid and this is not reflected in the above statement please contact us so we can investigate this further and correct your file. Regards Speed Credit - LEGAL RECOVERY t: 084 3381 3381 ïï€ Please consider the environment before you print this email. _________________________ _________________________ ___________________ NOTICE The views and opinions expressed in this email may not reflect the views and opinions of any member of Mobile Credit Online Capital Limited. The information contained in this message is confidential and may also be privileged. It is intended only for the addressee named above. The unauthorised use, disclosure, copying or alteration of this message is strictly prohibited. If you are not the addressee (or respo nsible for delivery of the message to the addressee), please notify the originator immediately by return message and destroy the original message. This message and any attachments have been scanned for viruses prior to leaving our network. However, we do not guarantee the security of this message and will not be responsible for any damages arising as a result of any virus being passed on or arising from any alteration of this message by a third party. We may monitor emails sent to and from our network. I was wondering if anyone had advise on how i should go about this, i have tried ringing the company and they are either hanging up or when i get through saying they dont take dmp. Im really worried what should i do?

Hi I have a loan with Speed Credit which I cannot repay I e-mailed them explaining my situtation and asking if we could discuss a repayment plan. I got this response Dear Fred Thank you for your message passed to us from Speed Credit As our loans are for 14-28 days we do not accept payment plans. Your current outstanding balance is £703 On 01.09.12 you will incur the following charges: £350 recovery fee £10 missed fee 1 interest charge of £96 which will make your outstanding balance £1159. You must pay either 1) £703 by 01.09.12, OR 2) £1159 by 15.09.12. If you have any questions please don\'t hesitate to call us on 0843 381 0843. Failure to make either payment will result in your file being passed to a third party bailiff company who will commence proceedings against you in your local county court. Yours sincerely, COLLECTIONS (182) NORTHERN DEBT RECOVERY 0843 I don't know how to proceed and am a bit scared. Any advice much appreciated - thank you

So here's the story so far. On the 8th May i took out a 100 pound loan with speed credit on the 8th May for 100 pounds. Unfortunately my partner left me at this point and left me in a financially difficul position being required to pay rent, bills and everything else as im sure your aware in a household. At this point NDR took over: (NDR flat out refuse repayment plans when you email them with an automatic email response stating We Do Not Aceept Repayment Plans) To resolve the situation i made the repayment offer on the 7th june for the following installments 26th June: 87 pounds 26th July: 100 pounds They stated that this 187 was the amount owed however there website clearly states that its 12pounds per week. This was 4 weeks after taking the original loan so my maths add up to 48pounds so infact in total 148 pounds. This however was refused. At thias point i got dubious when speed credit refused the repayment schedule so ti think this is a completely fair offer. On another review of my finances i then offered - my original calculations had been slightly off. 26th June: 62pounds 26th July: 62 pounds 26th August: 62 pounds Again my offer was refused under the basis it was unfair. They are also very clever with there contact us you cannot email them only via the website which means you get to keep no proof you sent anything. On the 29th June i made a repayment of 40pounds towards the balance to hold the charges but they wanted a remainder of 211 paid by the end of the month something i wasnt able to do. again charges continued to build and on the 26th July when i was unable o pay 211 i paid a token amount of 10pounds. I got the usual correspondance saying that i hadnt ried or been in contact with he company and and all charges would be applied in the form of a 350 transfer charge (150 admin charge & 200 solicitors fees) They eventually agreed to 2 repayments of 10.5 but at this point i was unhappy hat i had already paid 40 pounds and wanted a further 210 pounds off me for what was a 100pounds loan and realistically at the time i could not afford it. At his point i had made multiple offers of repayment tried everything to n luck so i gave up and was going to ignore them and i didnt think they were contacting me. NDR sent me one final email before all charges were applied completely going against the 350pound charge i would incur and turned up at 386. Onthe 6th of augustthey offered me a final chance to pay 200pounds. unaware to me at this point marshall hoarse started contacting me 48hours later though these went straight to my junk email these were received 080812 - for the amount of 386 130812 - for the amount of 386 180812 - for the amount of 410 in all 3 they give me formal notice speed credit have legally assigned them the debt yet they are based in the same buiilding. Also can they continue to add charges. They advise someone will visit my property (is there anything i can do to stop this) is there anything i can do though now or is it jus going to spiral? wha should i pay back the loan was originally including interest for 148? Have i shot myself in the foot by setting up a payment plan and breaking it i just felt pressured to set it up in place and sent a long winded letter detailing this plan? - the only reason i didnt make the payments was because i believed he charges were unfair. is there anyway i can stop them coming to my property. should i pay anything to the balance at the moment? finally if they take me to court will i automatically get a CCJ against my name or is that only if i break the repayments issued by the cour i really dont want a CCJ. The marshall hoarse states the following in email TAKE NOTICE: You should accept this letter as formal notification that unless payment is received within 4 days then your account will be fast-tracked and considered for the following: Consequences of inaction: 1. Court Judgement legal action will be automatically started in the County Court for recovery of the full amount outstanding. Any such proceedings will include additional claims for legal costs and interest which will increase the amount you will be required to pay. 2. Warrant of execution will be applied for to enable us to seize goods at your addresses and o r an attachment of your earnings. 3. Register of Judgements any judgement will be entered in a public register, the Register of Judgements, Orders and Fines Credit Reference Agencies, who will supply them to credit grantors and others seeking information on you financial reputation. This will make it very difficult for you to get credit. 4. Credit reference Speed Credit have already advised the Credit Reference Agencies of your DEFAULT. This may seriously affect your ability to obtain credit in the future. Once the balance is paid in full, only then will the default be shown as “Default Satisfied”. thanks for all your help and reading through all of this. im hoping someone here can help me if this goes to court, ive deal with loads of companies like this but never been anything like this. i have repayments with a few payday loan companies.

Hi guys I have a few pay day loan that i have been paying back to get to a better financial place. I phoned a company called [EDIT] to make an arrangement and they agreed 3 monthly installments. Any way on the day they were supposed to take the first payment they took the whole lot. This is wrong because they promised they wouldn't. Luckily i had the call recorded. I want to make a complaint about this company to the FOS and I have also complained to the BCCA who haven't really done anything as of yet. Anyway i have created a blog about my experience with this company in the hope it will help others. You cam also listen to the recording of the call and how they offer to extend my loan even though they know i cant pay it back. I dont know what out come i will get but i want to make other people aware

Hi unfortunately i am having issues with the above lender and inhouse DCA. Back in May i took out a loan for £100 which at the end of the month stood at £148 which i then went ahead and paid £48 to roll over for another 2 weeks. Unfortunatelyt then me and my partner went seperate ways reducing me to a single income for all bills and rent and financially i was unable to pay this back. After multiple attempts at contact it was then forwarded to NDR at the beginning of July who demanded repayment of £200 double the original amount after applying interest charges by the 24th July. I advised them i could not afford this amount and they advised that the outstanding balance would be increase to just under £600 pounds. A £350 NDR charge and so on though they an inhouse DCA and multiple other charges. Believing a housemate would be moving in i agreed to repay them £40 at the end of june and £200 at the end of july to cover the charges (they stated that the £40 would cover the extension for another month to the 26th June). Unfortunately i am now the beginning of August and i was unable to pay the £200 money back my new tenant was delayed by a month meaning i dont have the physical funds to make the payment. For this reason i have now sent a standing order payment of £10 as a goodwill gesture 5 days ago. Today i received an email stating the £200 must be paid back tomorrow or all extra charges will be applied to the account making the amount just under £600. I cant afford to pay back the 200 till the end of august. Does anyone have any suggestions and also is the amount of £200 too much?? i have so far paid back £98 pounds of the following: original loan taken for: £100 (£48 on top for the loan period of one month) PAID BACK £48 Extension payment £40 payment to hold off extra charges £10 token payment total: £98 (£50 lower than the original loan amount) NDR states still outstanding is the amount of £200 Any suggestions on what i should do next i have never dealt with a dca or pdl company less responsive than these. All others froze interest and in this case i would have nearly clear the full balance. If i needed to i could scrape together the £50 but nowhere near the £200 and i know they will if they even responded apply a further £40 extension charge. thanks timeforachange

Hello everyone my sister foolishly took out a loan with speed credit. She repaid 2 different loans without problems then one day realised on checking her bank balance a large sum had been withdrawn from her account by an unknown company, this is currently under the banks investigation. The bank has given her forms to fill in to claim the money back. She was unable to pay back her loan because of this and explained to speed credit who were fine ,i then took over on the phone and asked for the person to whom i was speaking to please send an email to confirm the agreed amount of repayment,INTREST FROZEN AND £150 EVERY 2 WEEKS STARTING 26/6/12. No email was sent and on the first day of the agreement she paid £150 into speed credits account. Then an email did come through, "YOU HAVE AGREED TO PAY THE FULL AMOUNT OF £600 ON THE 26/6/12...ETC,totally different to what was agreed. Since then numerous emails and letters sent regarding court cases, baliffs and "WE WILL TAKE 9 TIMES THE COST OF OUTSTANDING COSTS IN GOODS FROM YOUR HOUSE" She has since had calls, usually an asian person who on friday was asking about the contents of her house as "we have to make a list of what our collectors will be taking".. Next she has been snowed under with emails, texts saying "because you are currently in debt to a lender please apply to us now! guaranteed xxxx amount and clear pressing debts today!" -so easy to fall for it. Things have taken a sinister turn today, one phonecall fron NDR saying if you don't pay tonight by 6pm "when we send our collectors to your house tuesday you will be paying when you see them" and a further call saying "we have been to court today and will be coming this week to take everything of value from your house to pay this debt" -the person claimed to be from speed credit, both calls were on witheld numbers.. .any advice welcome please, she is terrified and the last thing i need tuesday is having to turn up at my sisters with my people and the trouble it will cause,this is the last thing i want.... .thank you for taking the time to look.. *She has telephoned trading standards last week and they said there was nothing they could do without hearing her out,i hope shes just simply got the wrong person there....

He also claims drivers over 55 years old arent safe !! http://news.sky.com/story/955334/damon-hill-speaks-out-against-80mph-limit

I took a loan out with Speed e loans in March. As I was unable to pay the balance or the interest, I proposed a repayment plan to speed e loans before my actual loan due date. I received no response. So i wrote a complaint. Still received no response. Instead, I keep getting voicemails being left on my phone asking to contact them. But everytime they have left a voicemail, I email them advising that I will only communcate via writing/email and that I have proposed a repayment plan and willing to start paying asap towards the account if a sort code or account number is provided. Guess again...no response by speed e loans. Speed e loans then left a voicemail that a payment can be made online. So I emailed them that I would not like to pay online as they would have my card details which they would swipe my account, so would like their sort code/account number....but again, no response. The complaint has now been escalated to the Financial Ombudsman, however my concern is, the loan balance is increasing all the time - hence unsure what to do? the balance is already doubled any advice would be appreciated. thanks

A Traffic Signal camera that has recently had lines put in front of it to signal that it is being changed into a speed camera. There have been no signs put up around it to say that it is being changed into a speed camera but on my way home last night it flashed me going through it when the light was on green. I was exceeding the speed limit which leads me to thinking that it is now a speed camera.If a camera has changed use from a traffic signal camera to a speed camera do the signs need to be changed to make the points/fine enforceable?

We were completely mis-sold the Orange Home Phone with Broadband package on the basis that we'd receive a much higher speed (16-17mb) if we transferred phone billing from BT to Orange. Big mistake. the reality was we lost our connection completely after transfer was screwed up and when it came back it was half the speed it used to be. Numerous tech support (30-45 minute) phone calls to level 1&2 techs + ADR + Orange Helper emails + head office letters have so far produced only vague assurances that speeds will improve some time in the future when they transfer us to the WBC network (that already exists) in our area. The network is apparently oversubscribed. This begs the question: why sell a package you can't actually provide? Really interested to find out if anyone else has experienced similar?

Orange give pretty much the worst average broadband speeds in the UK but please sign even if you're with another provider because this is an industry-wide con and we need to pressure all telecoms companies so that consumers are fully aware of EXACTLY what they are paying for. Enough of this 'up to xx mb' rubbish! http://www.thepetitionsite.com/takeaction/947/594/325/