Tweet
Hi all 
ya
Following on from the hassle I am getting through no fault of my own, here: ---> viewtopic.php?f=13&t=857 I thought it'd be interesting to share with you something else I am upto involving the deliberate test to see if there is such a thing as "Free Money"...
Ok, history time! I have a friend who got into severe difficulties with payday loans, basically he ended up paying out double his declared income each month on these and found himself in a never ending spiral of downward debt. I explained to him that he should cease repayments as there was nothing illegal in what he done, simply borrowed in order to keep a roof over his head. Anyway, he soon found himself unable to pay all the payday companies and decided to listen to me, and ceased repaying.
Since then, yea he's been defaulted but has not paid a penny back to any of the 3 companies that lent him funds. They have however been goddam awful in way of threats, phoning at ridiculous hours (4am/midnight etc) and so I thought i'd get involved to teach them a lesson and also to help him out. So there I was sorting the hassle when low and behold, one of the same firms email me and ask me if I wanted to take a payday loan (you can see where this is going can't you...?)
Anyway, there I was at a bit of a loose end and though sod it - so I applied to the same three companies that had lent my mate money - to see how easy their process was, how tight their paperwork is and best of all - how good they are at making illegal threats to us when we borrow and don't pay them back. This all happened around June 2010 - it will make sense soon; bear with me
I applied for 3 random amounts using 3 of the larger payday loan outfits:
Obviously being i'm not in debt, I was not referred - went straight through and money was in my account within a day or so. So there we go, 30 minutes of work at my PC and all of a sudden I was £2,650 better off. I banked this in a high interest account for future use.
Then I simply ignored the PayDay loan firms - since June until November I have had no contact other than the odd chaser emails asking to repay this "severely overdue loan" which I just ignored. Now, being these are 5 months overdue it is time to start to argue the finer points of the agreements and also the actual methods and systems used by the payday loan firms.
I have therefore broken this thread into 3 sections, one for each payday loan, to give you all the details you need to see what to do if you ever encounter such problems yourself. As I have a lot of data to complie to create the posts please bear with me.... suffice to say I am not paying and nor have they added charges and/or interest to the loans!
Bear with me, this will be working progress as far as threads go
ya Following on from the hassle I am getting through no fault of my own, here: ---> viewtopic.php?f=13&t=857 I thought it'd be interesting to share with you something else I am upto involving the deliberate test to see if there is such a thing as "Free Money"...
Ok, history time! I have a friend who got into severe difficulties with payday loans, basically he ended up paying out double his declared income each month on these and found himself in a never ending spiral of downward debt. I explained to him that he should cease repayments as there was nothing illegal in what he done, simply borrowed in order to keep a roof over his head. Anyway, he soon found himself unable to pay all the payday companies and decided to listen to me, and ceased repaying.
Since then, yea he's been defaulted but has not paid a penny back to any of the 3 companies that lent him funds. They have however been goddam awful in way of threats, phoning at ridiculous hours (4am/midnight etc) and so I thought i'd get involved to teach them a lesson and also to help him out. So there I was sorting the hassle when low and behold, one of the same firms email me and ask me if I wanted to take a payday loan (you can see where this is going can't you...?)
Anyway, there I was at a bit of a loose end and though sod it - so I applied to the same three companies that had lent my mate money - to see how easy their process was, how tight their paperwork is and best of all - how good they are at making illegal threats to us when we borrow and don't pay them back. This all happened around June 2010 - it will make sense soon; bear with me
I applied for 3 random amounts using 3 of the larger payday loan outfits:
- 1. QuickQuid - £1500
2. PayDay UK - £700
3. Swift Sterling - £450
- 1. QuickQuid - £1500
Obviously being i'm not in debt, I was not referred - went straight through and money was in my account within a day or so. So there we go, 30 minutes of work at my PC and all of a sudden I was £2,650 better off. I banked this in a high interest account for future use.
Then I simply ignored the PayDay loan firms - since June until November I have had no contact other than the odd chaser emails asking to repay this "severely overdue loan" which I just ignored. Now, being these are 5 months overdue it is time to start to argue the finer points of the agreements and also the actual methods and systems used by the payday loan firms.
I have therefore broken this thread into 3 sections, one for each payday loan, to give you all the details you need to see what to do if you ever encounter such problems yourself. As I have a lot of data to complie to create the posts please bear with me.... suffice to say I am not paying and nor have they added charges and/or interest to the loans!
Bear with me, this will be working progress as far as threads go
Comment