Akinika and Quick Quid

[scottles37]

I am paying £35 a month back to Akinika (showing on Credit File as Gothia Ltd) for a QQ loan I defaulted on a while back. I am happy to repay, but I just want to check that I am doing the right thing sending them money and I am not throwing money into a black hole. Default amount did seem rather high, but probably original loan +2 months contractual interest. Thanks

[renegadeimp]

Never EVER blindly pay a DCA. I hope youve checked the debt is enforceable and doesnt contain any unfair charges.

 

From your info it looks like you havent even questioned it and just agreed to pay it anyway.

[scottles37]

Is it worth doing a CCA request for this then? It was taken out fairly recently, so I have little doubt they have a signed agreement etc. The total default amount is certainly considerably higher than the original loan (almost double), so there are undoubtedly a lot of extra charges etc. How would I go about reducing this? Plan was to offer about half in a few months when I can afford it, they will probably accept that anyway I would think.

[renegadeimp]

Always do a CCA request of a DCA has the debt. Then follow that up with a SAR to the OC and get reclaiming. QQ are known to add on tons of charges.

[havinastella]

Is it worth doing a CCA request for this then? It was taken out fairly recently, so I have little doubt they have a signed agreement etc. The total default amount is certainly considerably higher than the original loan (almost double), so there are undoubtedly a lot of extra charges etc. How would I go about reducing this? Plan was to offer about half in a few months when I can afford it, they will probably accept that anyway I would think.

 

IMO, questioning the CCA for a Payday loan recently taken out, would be pointless. They wouldn't have sent you the money unless you ticked the Signature box.

 

You know you have had the money and are being responsible by paying it back. I would be looking at getting a breakdown of the charges on the account and then making a decision on what to repay.

[renegadeimp]

Only reason i say CCA is because QQ have been very lax. On a few other sites, people have reported that they werent even able to reconstitute an agreement, so its an option.