Motormile Finance UK RE:Mr Lender payday loan.

[painful]

agreed, new thread titled mr lender shenanigans, it has new development in that he has promised to block my work number...

[rippedoff15]

Well i have been repaying every month, from a debt of £380.00 & so far repaid £150.00. Today they emailed stating due to me missing my repayment date by 1 day. They have added fees and my new balance is £625.88. What a bunch if crooks, i have wrote to OFT had nothing back, once i have repaid the loan they can stick their fees. But wud they take court action. Has anyone had dealing with this company

[renegadeimp]

Yep. Ignore their silly fees. They would be very silly to take you to court or mark your credit file based on unlawful charges.

[rippedoff15]

Just getting control of all loans, with Mr lender took out £286.50 and to date I have repaid £143.40, and as soon as I have repaid the loan amount they are not getting a money.

[renegadeimp]

Loan amount, original contracted interest plus one default fee is What i recommend. Let them try and justify the unlawful/unenforceable charges.

[rippedoff15]

Once I have repaid the amount should I confirm in writing that I will not be paying anymore ?

[renegadeimp]

YEs. Once it is repaid, you need to state unequivocally in writing, that you have paid all monies owed to the company and you want a statement confirming it. Be warned though, they will try for those charges as that is how they make money. If people stopped paying the silly charges, they would only have interest as a form of profit making left. Once interest amounts shoot sky high, either nobody will take a loan from them, or the government will have no option but to create a law that caps interest rates.

[rippedoff15]

Hi All,

 

Had this email this morning from Motormile Finance asking me to call them urgently

 

 

Dear Mr

Please contact Motormile Finance regarding your outstanding account on 01138876876 quoting reference.

Yours faithfully

MMF

 

Not sure who they are or why they are make contact, I have got some debts and paying the creditors directly. Should I wait until they send letter or call them to find out

 

cheers

[Annie71]

Don't call them. Wait until they write to you and even then check with whoever they c,claim to be acting for. I have read enough to not touch them with a bargepole.

[renegadeimp]

Its a phishing email. Ignore it

[rippedoff15]

Well theirs a shock, had a text now asking me to call them today, not sure how in the hell they got my mobile number.

[postggj]

If you use go compare

Compare the market .com etc

 

That is how the credit reference agencies get up to date phone numbers and sell to the debt collection agencies

[rippedoff15]

selling my number is breaking the data act ????

[postggj]

Look in the terms and conditions of any market research company

 

In the small print it will say by using our service you consent in passing your details to selected partners, they sell to the credit agencies, who in turn sell to debt collection agencies

 

You have given your consent without even realizing it

[rippedoff15]

Great just now means they will send demands every day via text calling

[rippedoff15]

Well just had this email, the debt relating to a payday loan from Mr Lender which is on a repayment plan

 

 

Dear Mr ,

NOTICE OF LEGAL ASSIGNMENT OF DEBT

Our Ref:

Mr Lender payday loan

Debt Value: £623.56

We hereby give you formal notice of legal assignment for the above debt.

Your debt has been assigned to MotorMile Finance UK Limited (MMF) from Mr Lender payday loan.

 

MMF is now the legal owner of the account.

 

All default interest and collection charges have been frozen from your account for 7 days. If the account remains unpaid after this time, we will add default interest to the balance which will significantly increase the debt.

 

Call NOW to benefit from this offer.

 

Please contact us as a matter of urgency to resolve this matter, where one of our operatives will be happy to assist in finding you a solution:

 

Tel 0800 996 1103

Please quote your reference

 

The loan from Mr lender was £250.00 of which I have repaid £191.12 , and now this company went more and will increase to debt complete joke

 

 

This matter is not going to go away and we need to discuss how to resolve the matter before your account is passed to our Home Visit Department.

 

We look forward to hearing from you.

 

Yours faithfully,

Doorstep Collections Dept

MotorMile Finance UK Ltd

[renegadeimp]

Did mr lender contact you? Also the new owner has an obligation to carry on with the previous repayment plan. They cant add anything else on.

[rippedoff15]

Will mr lender never made contact, I have had repayment plan of £47.78 x 8 of which I have repaid a total of 191.12, Motormile claim that Mr Lender have sent a file stating I have never repaid any money. Also I have sent bank transfer today to Mr lender to the sum of £47.78 should I still repay Mr Lender ???

[renegadeimp]

MMF are well known for lying and conning people. My advice would be to get in touch with MR lender.

 

Even if MMF have bought the debt, they are obligated to continue the repayment plan as they inherit everything about the debt.

[rippedoff15]

Just had 5 texts stating they will action home visit, I have proof of the payments to Mr Lender who should I deal with now, will this company Motorfile accept the plan and payments via bank transfer.

[renegadeimp]

Ignore MMF as youve had nothing off MR lender. Please follow the advice already given.

[rippedoff15]

Many Thanks, I have checked the amounts and the balance is £238.88 so going to clear the amount in full at the end on June when the next payment is due ie 27/06/13. However should I pay direct Mr lender ?

[renegadeimp]

I would check with mr lender first to see what is going on.

[rippedoff15]

Will send email tonight requesting them to confirm they will accept the payments. Cheers

[Sillyboywyn]

Tell them to come round, then eject them with force?!