high rate loan
Discussion
Unfortunately my brother has hit hard times and was recently turned out of his lodgings.
We managed to get him a small bedsit, even though he's on benefits but i have just discovered he took a loan out for £400, 33 payments at £20. He's paid a couple of payments then missed one. I am thinking of contacting the company to settle the debt and would appreciate any advice as to how to deal with them.
They work through agents and only ask for a NI number.
They are called Greenwood personal credit.
My brother has minor learning issues and wouldn't fully understand the ramifications of taking a loan from a co such as this.
Mick
We managed to get him a small bedsit, even though he's on benefits but i have just discovered he took a loan out for £400, 33 payments at £20. He's paid a couple of payments then missed one. I am thinking of contacting the company to settle the debt and would appreciate any advice as to how to deal with them.
They work through agents and only ask for a NI number.
They are called Greenwood personal credit.
My brother has minor learning issues and wouldn't fully understand the ramifications of taking a loan from a co such as this.
Mick
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