Wonga - interest and charges help!

[Megan99]

After my ongoing problems with Wonga they finally agreed to my repayment offer of £25 per month. However, calculating the outstanding amount of £662.85 I wondered how much the debt had increased...

 

However, when I now log onto my account, I notice that any history about the loan has disappeared. All I am able to access online are my repayment plan dates and amounts...

 

Thankfully looking back through my paperwork I found a screenshot of this:

 

Original amount of loan: £450.00

Interest: £643.90

Transmission fee: £22.00

Charges: £30.00

- Payments made: £483.05

Balance: £662.85

 

I have no idea if they have frozen the interest from when my lengthy battle to request a repayment plan or kept adding it.

 

Am I liable to pay all the interest they have charged, or should I query this further?

Edited September 8, 2013 by Megan99
addition of figs

[renegadeimp]

DOnt pay anything apart from your agreed repayments. Meanwhile, DEMAND ( dont ask) a FULL and itemised breakdown of the debt. If they have added interest and charges on while they were ignoring your repayment offer, then we can challenge it. However, you need that breakdown so you can be 100% sure.

[Megan99]

Wow am quite surprised I emailed Sunday morning for a full breakdown and by Sunday evening had received this reply.

 

My original correspondence started with them on 18th July when a repayment plan was asked for due to financial difficulty. Im attaching their breakdown of the loan

[Megan99]

sorry I realise image is too small will try again this evening when home from work

[renegadeimp]

Convert it to pdf and reupload.

[Megan99]

ok here we are...

[Tawnyowl]

What can i say,

Just read the PDF-The interest, fees, etc read like a horror story.

Just offering my support.

Wonga-We are not predatory lenders targeting you.

Are they having a laugh.

Force for good? It reminds me of Goldman Sachs who said "We're doing God's work"

[renegadeimp]

Was that interest added on while they were refusing to come to a repayment plan, or ignoring all contact?

[chammy1]

From my experience, they did (and continue) to charge interest even when coming to repayment plan, but they waived my extension fees. You are lucky you have less than £1000 outstanding, otherwise they would make your payments much larger.