Hi,
has anyone been able to set up a payment plan with 1month.
Original Loan Amount: £450.00
Initial Interest: £135.00
Further interest added (as a result of default or entering onto a repayment plan): 2 X standard interest: £270.00
TOTAL BALANCE REPAYABLE: £855.00
How can they justify this added interest after I have mention I have hit serious financial hardship as they are not the only one I have a loan with? No-one else has done this?
Help please how do I counter this?