This is something hopefully our more learned contributors can help with!
I have received a letter from a debt collection company demanding £300.
The suppossed debt relates to a so called pay day loan,which I took out in 2003.
The loan was covered by 3 cheques post dated to my pay day,which all cleared,so the loan was paid,with a stupid interest charge as I remember,well it was an emergency!
This was over 5 years ago and prior to Saturday I had heard nothing more about it.
Have had a little poke around the net with various advice.
Ignore the letter.
Write to them asking for clarification.
don't phone them or admit anything.
I have no way of proving I have paid and my bank only supply statements for the last 5 years,this has gone over that time.
Any thoughts or advice would be most welcome.
