Wonga repayment plan, unreal!!!!!!!!!!!!!

[coalhammer]

Hi all

 

I sent an email to three addresses mentioned in other posts and asked that my balance of 789 due next thursday be split into nine payments of around 88 pounds. I had an email back with the following inhalf an hour....

 

Hi *******

 

Thank you for your recent email. Based on your circumstances, I will place you on a new repayment arrangement taking effect immediately.

 

Please bear in mind your current balance has frozen at £789.90.

 

This outstanding balance will be divided by 9 monthly instalments of £87.77. The first instalment will be taken on the 1stMay 2011.

 

Please see below the further dates payments will be debited from your card. As these payments will be taken from your card, should your card be inactive you do need to let us know with the new card details.

It is very important to remind you that once you are on a repayment plan should you default on one of your repayment dates, we will allow you 6 days to try and correct the account otherwise on day 7 the system will deactivate the arrangement and will attempt to collect the full balance.

 

Stage

Amount

Due Date

Edit

1

£87.77

01-May-2011

Edit

2

£87.77

01-Jun-2011

Edit

3

£87.77

01-Jul-2011

Edit

4

£87.77

01-Aug-2011

Edit

5

£87.77

01-Sep-2011

Edit

6

£87.77

01-Oct-2011

Edit

7

£87.77

01-Nov-2011

Edit

8

£87.77

01-Dec-2011

Edit

9

£87.74

01-Jan-2012

Edit

Balance

£0.00

I hope this helps you out financially. Should you have any further questions, please do let me know.

 

Regards,

[JO1010]

Whats so unreal about that! not exactly sure what the issue is sorry

[superhooper]

Think the point is thats the payday loans companies usually put up a fight & its never that easy!

Well done coalhammer Not to sure about them taking it from your card tho it will be safer if you could pay them & not let them take it for themselves cos there is some horrid stories about PDL companies dipping into peoples account.

Hope it all runs smoothly.

[coalhammer]

Yeah that's what i meant. It seems Ok my repayment schedule is visible on my account page with some explainatory notes so hopefully it will go ok.

[alibali704]

Hi there Coalhammer, just wondering did you hav to close your old bank account and re-open a new one, I want to do this but really dont want to close my bank account as have an overdraft still on it, Thanx

[coalhammer]

Hi

 

No i havent yet, just going to transfer all my money except the promised repayment to my online savings account leaving just enough for them to authorise, when it clears I will move money back.

[paulh1818]

Hi coalhammer, that is great. could you share with us what you said in your email please?

[coalhammer]

hi ,

 

Not much to be honest. I just said i was having major fniancial trouble and could i pay nine lots of 88 and they set it up. I emailed again last night to say i had to cancel my card and they immediately replied with bank details and a reference to use, been brilliant

[sillygirl1]

I would still go for an alternative bank account just in case - they seem to have changed their tune a bit - used to be one of the nasty ones.

[paulh1818]

Okay, I emailed them about my loan. I was probably a bit more abrupt than you. I told them since they ignored my previous emails that I was now only willing to pay in 6 installments over the next 6 months. They set it up! I received the email exactly worded as yours, but with my details and amounts of course. So thanks for sharing!

[coalhammer]

That's great news, good result!!!

[onlyateacher]

I've recently had a repayment plan accepted by them over 12 months. They were very easy to deal with, froze interest and have given me the relevant bank details to pay by standing order. Their bank details are:

BSC 40-06-09

Acct no 21544926

 

Contact phone number at Wonga was 0844 8429 110.