Not Helpful
It has been over 8 years with Iwoca, and although we’ve been paying high interest, we've never missed a payment. In fact, we’ve often paid in advance. In January, we took a £7,000 top-up, but since then, our sales have dropped considerably due to the current war situation, as our business is closely related to travel. We've kept them well-informed and even requested an extension on the repayment term. However, they refused and only offered interest-only payments for two months. As the war situation has continued into a second month, we've provided them with open banking, income, and expenditure details. Despite this, they are still pushing us to pay more than what is affordable. How is this possible? Perhaps the Court can help us now.
Please note, we have not defaulted by not paying anything, but have reduced payment from £1700 a month to £700 now.
Strange to see after this review they have a positive view with in 30 minutes - Waqar Khan
GB
•
1 review
14 hours ago
Rated 5 out of 5 stars
Verified
The prompt response
The prompt response
Trustpilot should check this profile, seems paid review.
Claim your business profile now and gain access to all features and respond to customer reviews.