Payday loans – cant pay Wonga – Aberdare

WongaIf you live in Aberdare and cant pay Wonga you are probably not alone, like lots of payday loan providers they will have requested when the loan was taken helps to set up a CPA (continuous pay authority), the challenge for not only you but several others is that the moment settlement is due Swift sterling may debit your bank account taking the whole sum in contrast to a partial payment which was part of the original agreement. This results in customers taking on extra payday loans to pay the original one, obviously it is extremely easy for this to get out of control.

Aberdare PayDay Loans Debt Advice

If you cant pay Wonga payday loan then you need to know that payday loan companies like Wonga possess computer-generated systems to facilitate them to regain their outstanding loans, many of these are involves multiple phone calls messages and emails to your home and also often work. This is a technique to lobby you to repay the loan. Often explaining that you have a priority debt and settlement would result in being incapable to purchase gas or electricity services or even buying food! The ideal way is to write the letter similar to the one below If you cant pay Wonga and live in Aberdare then it will be necessary that you cancel the CPA that is connected with your bank account so that money is not just withdrawn one may feel they want to.

Threats of prison or foreclosure by payday loan companies are simply threats, they have no legal power unless the instruction is from a court. In this case you may merely want to inform the court that you want to pay them back but the business is ignoring your suggestion this will frequently work in your favour.



Your Postcode:

This cancellation letter relates to:
Swift Sterling: Account/Agreement No:

Cancellation of Continuous Payment Authority


Dear Sir / Madam

My payday loan with Swift Sterling is being paid using a continuous payment authority. (CPA)

I’m withdrawing my authorisation for any more payments to be taken from my account for this debt.

The last 4 digits of the card these payments are being taken from are ****

In line with the payment services regulations which are run by the Financial Services Authority, any more payments taken from the card will be an unauthorised transaction.

Please confirm that this has been done.

Yours faithfully