Hello! Six months ago, I received a microloan in the amount of 7000 tr. from Excellent Cash. I couldn’t repay in time, they were very big problems with finances. To this day, they called me back and demanded to pay the debt with fines, at the moment the debt is, as they say, 120 tr. This is for 6 months fines. The other day I received an SMS message saying that my debt was transferred to CREDIT EXPRESS for pre-trial settlement, they urgently demand to call them back in order to avoid extremely negative consequences. I can pay the main debt with interest, but I can’t pay these “mad fines”, I have no property, no work. Help, what should I do?
Obtain an account statement and a certificate of current debt from the bank. In order not to overpay, take an official paper from the collectors with the calculation of your debt. If the collectors do not respond to your requirements for calculating the amount of the debt and do not go to court so that interest and penalties on the debt do not increase, you should contact them with a written claim.
You should also pay off the debt, plus the fine and keep the payment documents. For all claims of creditors, send them to court, and in court already reduce the amount of interest. In accordance with the law, the court can reduce and, as a rule, reduce the amount of forfeits, fines and increased interest in case of delay. However, a reduction in the amount of ordinary interest (those that you must pay if you fulfilled your obligations strictly on time) is not provided for by law. And with microloans, it is precisely these percentages that are very large.
In case of serious threats and extortion, write a statement to law enforcement agencies. You must understand that collectors can return the debt in only two ways: either voluntarily or through the courts, they have no other powers.
MFO offers clients to receive urgent loans in the amount of 2 to 30 thousand rubles. at terms from 7 to 20 days. Money is issued in cash at service offices, but at the first contact, the client can issue a special card in order to subsequently receive money by transfer by calling the contact center.
An analysis of reviews about Excellent Cash will allow you to compare the organization with other MFIs in this segment and decide whether it is worth borrowing money here.
There is a lot of dissatisfaction interest rates companies that account for 2.2% per day. And indeed, the interest in this MFI is higher than the average by 0.2-0.4 percentage points.
There are no other complaints about the terms of lending.
If we talk about the speed of consideration of the application, then the reviews about Excellent Cash will be neutral. After analyzing more than one hundred comments, we can conclude that they consider the application quickly enough, because there is no negative about this factor at all, but no one writes laudatory odes either.
Of course, the reviews of debtors about "Excellent Cash" cannot be called neutral. Borrowers who overdue loan payments tell how they are threatened by phone, put the number on auto-dial (150-200 calls per day), write unpleasant SMS messages with insults, are rude, etc.
Many clients say that collectors promise to file a complaint about poor child care with the guardianship authorities and, as a result, select children. Others say that creditors advise selling a kidney, mortgaging an apartment, etc., in order to repay their organization's debt.
Clients are bewildered by the fact that Security Service employees find out the numbers of their relatives from somewhere and start calling / threatening them too, saying that they were loan guarantors and are now obliged to repay the debt. In addition, they call at work and tell the boss about the duty of his subordinate.
Creditors do not hesitate to move from words to deeds and come to the place of residence of the borrower. If no one opens the door, the collectors can leave unpleasant inscriptions on the walls of the entrance, walk around the neighbors and talk about the debts of the “thief and swindler” who lives in the next apartment, etc. In general, the reviews of those who took out a loan from Excellent Cash and did not repay it on time simply boggle the imagination of a normal person.
The lack of debt restructuring services is a big negative on the part of borrowers. That is, in their reviews, clients claim that they have repeatedly applied for restructuring to the contact center, wrote a statement at the office, but all to no avail, the company does not make any concessions. At the same time, the very consideration of such applications is carried out for about 3-4 weeks, during which penalties for delay and% continue to accrue.
Customers write negative reviews about "Excellent Cash" mainly about field managers. Borrowers claim that the offices are a mess, they do not work according to the schedule, they can close early, open later, or take breaks of 30-60 minutes several times during the day. One at a time, of course, is not necessary, but there are enough such reviews to talk about systematicity.
Also, clients speak impartially about the qualifications and competence of managers working in offices, they say that employees cannot connect even 2 words, normally advise on loan conditions, etc.
Contact center specialists are subjected to less criticism, but they are not without sin, they immediately send them to the office for clarification.
E-mails in MFIs are practically not answered, and if they are answered, then with a great delay. It is very difficult to achieve a clear solution to the problematic issue, because everyone refuses. The contact center sends to the office, the office sends to write a formal request to the head department.
They became very popular, as they turned out to be the only way for many people to get the necessary amount of money urgently and without unnecessary red tape. Indeed, when compared with a bank loan, microloans are easier to get, and there are practically no refusals on them. But with all the pluses, there is one significant minus: you will have to return a much larger amount than was taken. In addition, microcredit involves relatively short terms, so it often happens that when the time comes to repay the debt, a person is simply not ready to do it.
Judging by the number of questions on legal and near-legal forums such as: “I can’t pay a lot of microloans, what to do”, “how to get out of microloans I got a lot” and the like, this problem is quite common. Experts who help in resolving such issues note that most often the appearance of several microcredit agreements in the consumer’s arsenal is due to the following reasons:
Of course, MFIs are not at all interested if you just tell them that I can’t pay a microloan. This is not a charitable organization, and the desire to receive not only your money, but also profit is quite natural. Another thing is if your difficulties are temporary, but at the same time you do not stop looking for ways to solve how to get out of microloans. In this case, a solution can always be found.
So, you do not belong to the category of those who are trying to find ways to legally not pay a microloan, but you are throwing all your strength into solving the problem in the least unpleasant way for all parties. As you can learn from the MFI debtor forum, most often defaulters use one of the following two methods of repaying debt:
By and large, any of these methods of order is better than the option of simply not paying. Remember: what longer term to which you will take Bank loan, the smaller will be monthly payment, however, the greater the overpayment for the funds used. However, if a solution to the problem is foreseen in the near future, due to which you have a lot of microloans and three large loans, what to do - the decision suggests itself: take a cash loan, pay off all debts, and pay off the remaining debt as soon as you solve your financial problems. difficulties.
Many of those who have a lot of microloans. and there is nothing to pay, they don’t even realize that everything is nothing but an ideal way out for them. But not every entertainer is in a hurry to resort to such a solution to the problem. Why? It's simple: yours is the growth of their income, but it stops.
Moreover, if you have a lot of microloans and nothing to pay, what to do and how to be can also be decided through the court: with, which will result in a significant decrease in the amount you have to pay. Therefore, the questions of what will happen if you do not pay an online loan should not be resolved on your own, but with the help of a qualified lawyer who will not only guide you along the least problematic path, but also help in case of disputes and situations. Remember, the only wrong answer to the question - I have a lot of microloans what to do, is the advice to do nothing. The borrowed money will still have to be returned, another thing is how and in what way.
How to get out of microloans, I have a lot of microloans - I can’t pay them off, the popularity of such questions is increasing daily. In part, this can be seen as the fault of the MFIs themselves, who have simplified the procedure for obtaining cash so much that they have become a source of cash, without thinking about when and how to return it. Of course, we are not talking about all MFI clients. Often the problem of a lot of microloans, how to repay them arises for those who are really in difficult situation. In this case, we can only advise you to enlist the support of a specialist and solve the problem with the least loss for yourself.
I took a loan in excellent cash, did not pay for several years. In September, I received a letter from the bailiffs. It says that I am in debt N. I did not receive subpoenas. Tell me what to do.
Hello.
Cancel the court order.
You have 10 days to do so from the date of receipt.
You can get it in the magistrate's court or in the bailiffs.
The recoverer has the right to apply to the court in the order of action proceedings, but you will be summoned to a meeting, you can provide evidence, give explanations.
Hello, receive a copy of the court order and file objections regarding its execution along with a request for the restoration of the missed deadline.
Good luck and all the best
Hello.
Must see materials enforcement proceedings, take the order and file an objection with a motion to restore the deadline.
Hello, you should get a copy of the court order from the bailiff or in the magistrate's court and file your objections to its cancellation within 10 days from the date of receipt.
You can apply to the court, familiarize yourself with the case materials and file for the restoration of the time limit for appeal. But, it’s not a fact that they will restore it, and if they restore it, the decision is unlikely to change: you took a loan, you didn’t pay it, so you have to pay it back.
Dear site visitor!
In your situation, you can find out from the bailiff on the basis of which document the recovery is made, if this is a court order, then you can cancel it with the restoration of the deadlines for appeal.
I took a loan in excellent cash, but I lost my job, my ionization was closed, I can’t return the dollar, what should I do !? I didn't work officially.
Hello!
You can't pay don't pay. Send them to court. Ask the court to lower the interest. After the court decision comes into force, you can apply to the court that issued the decision with a statement and ask to defer and / or install the payment of the debt (Article 434 of the Code of Civil Procedure of the Russian Federation)
Hello, you can apply to the bank with a request for restructuring, but carefully look at their conditions. They are often predatory. If the conditions are not satisfactory, it’s easier not to pay, because all your payments will only pay fines and penalties, you won’t get to the principal and interest, wait for the court and in court you can reduce the amount of debt on the basis of Art. 333 of the Civil Code of the Russian Federation.
If you don't have money, then you can't do anything. Wait until they sue. In court, reduce penalties and forfeits, as they will wind up ten times more. Then pay bailiffs whenever possible.
Good afternoon! Either look for money and return it, or wait for the court, through the court it will be possible to reduce interest, fines and penalties under 333 of the Civil Code of the Russian Federation, because if you go and find money now, you will be charged a lot.
Good afternoon!
If you cannot pay the debt and interest is coming, it is better to wait until the lender goes to court with a demand to collect the debt and petition in court to reduce the interest on the loan.
