URGENT help needed WONGA

[captaonjord]

Hi i have been dealing with wonga now for the past 6 months. My 1st loan was small to which i paid back in full and on time. The next month the same thing happened. This has been goin on for the last 6 months,

 

Last month like an IDIOT i borrowed £1100 from wonga which is due to be repaid on the 5th September 2012. The amount due is £1387....

 

My problem is that i have now found myself trapped and have to borrow from them each month to live on. (I CANNOT AFFORD MORE THAN £200 this month) Its like basically i get paid, pay Wonga back in full and then borrow my wages from them again...

 

Well the time has come to which i need out of this terrible situation ASAP. I have read all of info on your forums with regards to dealing with wonga direct but need some advice..

 

So far i have cancelled my bank cards (reported them lost as to get complete new cards) also have informed my bank to cancel any CPA on my account to which i was successful.

 

My problem is where to start,

 

do i call them now and ask for a repayment plan?

Wait until the loan is actually due which is in 2 weeks time 05/08/12 and then tell them the situation?

 

I can afford to pay them £200 every 4 weeks as per my salary pay. By paying this amount to them the debt of £1387 would be clear in 7 months... Are they likely to accept??

 

Please help me as it is causing me sleepless nights and alot of stress....

 

Thanks for any advice Alex

[renegadeimp]

Email or call them. They are usually good at offering repayment plans. If you call them or they call you, make sure to record the call so you have proof of what they say or agree to.

[captaonjord]

ok so should i call now?

 

the only reason i was thinking of leaving it until the actual pay day of 05/09/12 is so that i could move my money incase they did manage to take it.

 

Any advice on what i should be saying to WONGA on the phone?

[renegadeimp]

Just tell them you want a repayment plan. Dont defer the loan or roll it over.

 

However, make sure you secure your money first, just incase they try and take it regardless.

[Welshy27]

You could try calling them prior to the due date to try and set up a repayment plan in advance. If they say you have to wait until after the due date then make sure your account has no money in it because they will take whatever they can. They are one of the easiest to deal with and will freeze all interest and won't add on any extra charges so you'll only pay back what is due. Even when you enter a repayment plan they are also quite happy to make ammends to the dates or amounts (sometimes you might be asked to make a small token payment if you want to make a big change to the plan). Their system automatically debits the amount on the dates specified and your Wonga account balance will update accordingly. If you are able to make some form of early contribution of payment at any time then don't do it through their website (even though it gives you the option) but ring then up so that they can adjust the payment plan.

[captaonjord]

So my payment to wonga of £1387 is due on the 5th of september and i havent contacted them to say that i cannot afford this repayment as i dont currently have a parachute account. I have cancelled my bank cards and got new ones so that should stop them taking it.

 

How should i go about asking them for a repayment plan? i was goin to offer a token payment of £87 on the 5th september and then offer them £150 per month until the debt is clear any1 no if they likely to accept this??

 

any advice would be greatly appreciated

[pinkgems1000]

So my payment to wonga of £1387 is due on the 5th of september and i havent contacted them to say that i cannot afford this repayment as i dont currently have a parachute account. I have cancelled my bank cards and got new ones so that should stop them taking it.

 

How should i go about asking them for a repayment plan? i was goin to offer a token payment of £87 on the 5th september and then offer them £150 per month until the debt is clear any1 no if they likely to accept this??

 

any advice would be greatly appreciated

 

Hi there, did you receive a welcome letter with wonga? If you did, did it have the wonga logo on it?Also how long did it take to receive the letter?

 

Thanks

[captaonjord]

i dont think i actually did. Would this help?

[pinkgems1000]

i dont think i actually did. Would this help?

 

I took a loan put with wonga and i am trying to establish if they send out welcome letters as stated on their website and if a logo appears on the envelope - dont want my partner to find out

[captaonjord]

some 1 please advise me

[Bazooka Boo]

Yes, inform them that you are having financial difficulties.

 

I know others have said to ring them, BUT, unless you can record your calls (both sides) then you will be better off sending them a letter outlining your difficulty in paying, and how much YOU can afford to repay at a rate that is comfortable and realistic to YOU, not them.

 

You can obtain 'proof of posting' from the PO counter which is free.

You will then have written evidence that you did inform them of your difficulty to repay the agreed amount, and not some random phonecall to which you have no evidence, unless of course you can record it.

[Welshy27]

some 1 please advise me

 

I've never had a letter off Wonga and I've had multiple loans with them in the past. They didn't send me a letter either when I defaulted and set up a repayment plan.

[Bazooka Boo]

 

How are you getting on with this captaonjord?

[Dizzyseren]

yup, welcome letter with logo. I passed it off as spam. they advertise so much..