unsecured Loans , paying them back ... or not

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lewcal

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Hello all. ! im new to this forum, came across while browsing the website. since im absoloutley crap with finance and stuff , thought it might be a wise idea to sign up :D . looks helpful + informative.i took a loan out with ***we rob u loans @ 29.9% apr*** for 5000 pound the contract was over two years , this was two years ago. i have paid back the interest but about a year into the loan i stopped paying money, due to personal problems, unemployment, + depression etc ( not exhaustive list) i have moved address countless times since taking the loan out but mail is still being sent to my mums house , which is quickly returned stating no longer at this address. I just wondered if anyone else has done anything similiar , im not looking to pay the debt back as i have enough problems financial and personal .( company names may have being replaced for legal reasons)
 
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