Who are Payday Express/WageMe

Payday Express/WageMe is a London-based financial company specialising in providing short-term loans. Operating exclusively online, they offer flexible loan options designed to meet short-term cash flow issues for both individuals and businesses. Payday Express/WageMe is regulated by the Financial Conduct Authority (FCA) and emphasises responsible lending practices.

Why are Payday Express/WageMe contacting me?

Payday Express/WageMe may be contacting you if you have taken out a loan with them and there are updates or issues related to your repayment. This could involve reminders about upcoming payments, notifications of missed payments, or offers to assist with setting up a new repayment plan if you are experiencing financial difficulties.

Is contact from Payday Express/WageMe serious?

Yes, receiving communication from Payday Express/WageMe is serious, particularly if it concerns overdue payments or repayment arrangements. It’s important to respond to avoid additional charges, negative impacts on your credit score, or further collection actions.

Can a Debt Management Plan stop Payday Express/WageMe?

A Debt Management Plan (DMP) can help manage your repayments to Payday Express/WageMe by consolidating your debts into one manageable monthly payment. By entering a DMP, you may reduce or stop direct contact from Payday Express/WageMe as the plan administrator will handle your repayments.

I have received a letter from Payday Express/WageMe, what does this mean?

Receiving a letter from Payday Express/WageMe typically means they are addressing an issue with your loan, such as overdue payments. The letter should detail the amount owed, the original loan agreement, and steps to resolve the debt or set up a new payment arrangement.

What rights do I have against Payday Express/WageMe?

As a borrower, you have rights including fair treatment and protection from harassment. Payday Express/WageMe must comply with FCA regulations, ensuring transparency and fairness in their dealings. You can request detailed information about your loan and dispute any discrepancies. For unresolved issues, you can file a complaint with the Financial Ombudsman Service.

Payday Express/WageMe are sending debt collectors to my house, what should I do?

If debt collectors visit your home on behalf of Payday Express/WageMe, you are not obligated to let them in. They do not have the authority to enter your property without permission. Verify their identity and contact Payday Express/WageMe directly to discuss your debt and explore repayment options.

Will Payday Express/WageMe repossess my home?

Payday Express/WageMe cannot repossess your home as their loans are typically unsecured. However, if the debt remains unpaid and legal action is pursued, it could lead to severe consequences including court judgments. Communicating with Payday Express/WageMe to resolve repayment issues is important to prevent this from happening.

What Debt Management Plans can help stop Payday Express/WageMe from contacting me further?

DMPs and Individual Voluntary Arrangements (IVAs) are options that can help manage your repayments to Payday Express/WageMe by consolidating your debts into manageable payments. These plans can reduce creditor contact as they provide a structured repayment plan managed by a third party.

What if I can’t afford to pay Payday Express/WageMe?

If you cannot afford to pay Payday Express/WageMe, contact them as soon as possible to discuss your options. They may offer an alternative repayment plan that suits your financial situation. It may also be worth contacting StepChange for free debt advice.

If you’d like to speak to expert debt advisors today, you can get in touch with our helpful team.

Website:
www.wageme.com/payday-express.php

Company Info:
Payday Express with Wageme.com provides instant cash loans for UK residents. In order to qualify an applicant has to over 18 and in fulltime employment. Another stipulation is that you should have a bank account and a debit card registered to that account. Representative: 49.9% APR.

Please Note: We are not, nor are we affiliated with, Payday Express / WAGE ME. However, if you are having trouble with Payday Express please contact us now.