really had enough now!

[lisa6367]

Hi,

 

I am currently in repayment plans with a few different payday loan lenders and i am starting to see the light at the end of the tunnel as i have already paid 4 off. However payday express that i am in a repayment plan with has decided to register a default on my credit file and thanks to them my score is a big fat 0!! (I'm probably the only person to have such a low score!) I have never made a late payment to them or anything but because i'm in a repayment plan they have said that they have the right to register a default as the loan has not been paid back within 90 days. The funny thing about it all is, is the amount they have defaulted me on is for £20 which i find to be an absolute joke! This will obviously ruin my chances of ever getting credit in the next 6 years! Is there anything at all i can do? I also am in arrangements with safeloans (paid off yesterday) and lending stream and they have also registered late payments against me. Please help

[drop47]

To play devils advocate if you had such a perfect credit score why did you use pay day loans? I do not think there is much you can do apart from write to the credit agency and ask them to mark your file with a note saying you are in an arrangement.

[lisa6367]

I never had a perfect credit score in the first place and because i am young and stupid and because i couldn't get credit with a bank i ended up taking out a payday loan and it just spiralled out of control.

[drop47]

Well you can be sure you are not the only one with a score so low and it will get better. We all make mistakes. Keep plugging away,it's often better to get the default over with sooner rather than later. It is very easy to let that spiral happen and well done for getting out of it.