MiniCredit / Fredricksons

[iandowie]

Hello, first post on here was just looking for abit of advice. I took out a loan wiith minicredit for around 450£. I have not paid them anything in about 3/4 months ( I have read about the direct debits they help themselves to, but I had to cancel my card in the summer with a fraudulent transaction, so I guess this has saved me the hassle of the constant £5 charges?)

 

Anyway as it stands my minicredit account is 'blocked' online and I have started to recieve phone calls and one letter from Fredricksons, asking for immediate payment for 1600£. I have not spoke or had any correspondance with them, I best sort this out sooner than later and could do without any court procedures. So I plan on ringing Fredricksons tommorow and see what they have to say? I would be prepared to settle for a reasonable amount, would they allow this or are they going to be hard faced bastards? either way I wont be crying down the phone as I can clearly see on these posts I dont need to pay anywhere near 1600£?

 

thanks for reading, thankyou for any responce, your help will be greatly appreciated.

[iandowie]

I have just rang Fredrickons for the first time and explained I wont be paying 1600£ and asked where can i go from there? I could set up installments to pay it off, or a final settlement for 750 by 16 december as a one off payment. I thought that was pretty reasonable?? I will be paying this 750 to get these off my back.

[sweetg1rl]

Hi iandowie can u tell me would Fredrickons agree for a payment arrangement if u r not able to pay the full amount? And did u recieve a court letter perior to talking to this company ?please ur help will be appreciated. thanks .

[Haf123]

Hi iandowie can u tell me would Fredrickons agree for a payment arrangement if u r not able to pay the full amount? And did u recieve a court letter perior to talking to this company ?please ur help will be appreciated. thanks .

I had a account with minicredit only borrowed a hundred pounds couldnt afford to pay so the interest kept going up it went to 800 i paid mini credit 140 then my account got passed to frederickson in which i set up a payment plan but after 3 months its gone back to minicredit my balance is still 600 and finally today minicredit have agreed to a 200 pound full and final balance settlement . What a RELIEF

[Haf123]

Minicredit send a letter saying if no payment legal action taken but they dont they pass it to a debt collection agency