Hi again to all on the forum
Going back around 4 years ago when i was at rock bottom 'well finacially'
i stupidly borrowed £500 off Wonga,
it was rolling loan over a period of months,
i would borrow and pay back on time and re borrow almost the same day etc etc.
This went on until i received a letter from Wonga saying that they had reviewed their lending criateria and i would not have qualified for a loan under their new regulations,
I do believe that at the time they wrote off many loans
however in my case and as many others they cancelled all the interest as a goodwill gesture which left the origianol loan to pay back.
At the time i wrote a letter to Wonga saying they were reckless and broke the lending conduct that they should adhere to
(i now it sounds a little silly but i was hoping for a letter back simply saying
'ok we will drop the lot and cancel out the loan) this didnt happen
it went dead for 4 years untill yesterday when a letter hit the matt from BPO Collections.
Can anyone assist with any form of advice here,
Should i make an token offer of repayment with BPO Collections
or should i continue with my complaint that they should not really have lent the money out
(which they new full well at the time)
and therefore are not receiving a penny back?