MiniCredit advice

[Welshy27]

Yes they may take that into account when reviewing how much you are due to pay based on original loan & interest. Do you have any idea in your mind how long you think it might take you to repay and at what monthly rate or you looking to pay it in one go?

[sarahjmat]

i can do £50 a month so clear it as soon as possible

[Welshy27]

That's good especially since your due amount is less than £200 so you would clear it by early next year. I've got a much higher debt and on £20 a month but have always put in more (am three months into it and have paid £100 so far). I will be able to increase this in Dec to hopefully clear the full loan by Feb.

[Whoopie Do]

I have a 200.00 loan with these that is now 1300.00 and is with Mack Hall. Are you saying that I could expect Mack Hall to get my 1300.00 down to just initial loan plus one months interest? I have also just been served with a COurt otice from 1st Stop Pay Day can I contest this amount they are asking to just the loan plus 1 months interest

[renegadeimp]

Can you create a new thread with your info for 1st stop pay day please whoopie? We would need to advise on that seperately.

[Whoopie Do]

Yeah, sorry, I'm a newbie

[debtfreeformeplease]

Update: - My account finally transferred to Opos a few weeks ago, and tried to contact them via E-mail several times with no responses at all - just kept receiving the same stock E-mail from them asking for full amount (which is now £1774 I think) - This past Friday I decided to try calling and spoke to a very nice man, explained the situation to him and that I had made an offer to pay £500 to minicredit on more than one occasion (original loan plus 1 month interest) but been rejected.

 

He said he would take it to his 'client' Minicredit and get back to me, which he did less than 2 hours later, and agreed to the settlement of £500 to clear the debt. Obviously I asked for it in writing which came a few minutes later confirming the deal. So I sent the £500 to their bank account via bank transfer, and am awaiting written confirmation of the settlement on Monday morning.

 

Will update again once I have written confirmation that this is over. (and then I can ask your advice on the remaining 2 that I have and am getting nowhere)

 

Stick with it guys - seems eventually they do come around.....

[debtfreeformeplease]

Received confirmation today that funds were received and also got the following letter too via E-mail:

 

22 October 2012

 

Opos Ref: xxxxxx

Client Name: Mini Credit (https://www.minicredit.co.uk)

Client Ref: xxxxxx

 

LETTER OF SATISFACTION

 

Dear Mrs xxxxxxxx,

 

Please take this letter as confirmation that the above account has now been settled in full and no further contact or recovery action will be made by Opos Limited in regards to this matter.

 

 

Yours sincerely,

 

 

 

Mr. xxxxxxx

For and on behalf of Opos Limited