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  • FIRST POST
    • Neo187
    • By Neo187 14th Jul 17, 7:29 PM
    • 254Posts
    • 7,952Thanks
    Neo187
    Has anyone used checkmypaydayloan.com
    • #1
    • 14th Jul 17, 7:29 PM
    Has anyone used checkmypaydayloan.com 14th Jul 17 at 7:29 PM
    Hi All,

    On the radio at work today, I heard an advert for checkmypaydayloan.com stating if you ever had a payday loan, you could claim for misselling and unaffordabe borrowing, and might be entitled to compensation (sounds similar to all of the PPI stuff)

    Anyway, just wondering if you anyone has ever used them? As I was very reckless a while back, and got into severe finiancial difficulties through payday loans, which almost ruined my life, and would love to get some money back.

    But is this just a con, their website looks pretty rubbish? I know they would probably take a chunk of anything awarded, but its better than nothing?!

    Any advice would be appreciated!

    Thanks
    Started comping: September 2013
    Wins so far: Cunard QM2 Cruise, X Factor final tickets, £1,000 Team build day, Dinner at the Ritz with Rolls Royce limo

Page 1
    • sourcrates
    • By sourcrates 14th Jul 17, 7:55 PM
    • 12,721 Posts
    • 12,060 Thanks
    sourcrates
    • #2
    • 14th Jul 17, 7:55 PM
    • #2
    • 14th Jul 17, 7:55 PM
    If you want to lose 30% of your claim then go ahead, it's just another claims management firm attempting to cash in.

    On the other hand, if you want to do it for free, look here :

    https://debtcamel.co.uk/payday-loan-refunds/

    We also have a dedicated thread here :

    http://forums.moneysavingexpert.com/showthread.php?t=5289150&page=134
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
    • Neo187
    • By Neo187 14th Jul 17, 8:03 PM
    • 254 Posts
    • 7,952 Thanks
    Neo187
    • #3
    • 14th Jul 17, 8:03 PM
    • #3
    • 14th Jul 17, 8:03 PM
    If you want to lose 30% of your claim then go ahead, it's just another claims management firm attempting to cash in.

    On the other hand, if you want to do it for free, look here :

    https://debtcamel.co.uk/payday-loan-refunds/

    We also have a dedicated thread here :

    http://forums.moneysavingexpert.com/showthread.php?t=5289150&page=134
    Originally posted by sourcrates
    Wow I've totally had my head in the sand. I didnt realise we might be able to claim money back! Thanks!
    Started comping: September 2013
    Wins so far: Cunard QM2 Cruise, X Factor final tickets, £1,000 Team build day, Dinner at the Ritz with Rolls Royce limo

    • reason2
    • By reason2 15th Jul 17, 3:04 PM
    • 193 Posts
    • 209 Thanks
    reason2
    • #4
    • 15th Jul 17, 3:04 PM
    • #4
    • 15th Jul 17, 3:04 PM
    what if the company is no longer in existence.

    Do you just speak to the DCA?
    • sourcrates
    • By sourcrates 15th Jul 17, 3:46 PM
    • 12,721 Posts
    • 12,060 Thanks
    sourcrates
    • #5
    • 15th Jul 17, 3:46 PM
    • #5
    • 15th Jul 17, 3:46 PM
    what if the company is no longer in existence.

    Do you just speak to the DCA?
    Originally posted by reason2
    If your original lender has gone out of business, usually another company will take over there loans portfolio.

    The debt collector wasn't the one who lent to you in the first place and has no power or obligation to issue refunds on behalf of another company.

    Who was your original creditor ?
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
    • reason2
    • By reason2 16th Jul 17, 9:24 PM
    • 193 Posts
    • 209 Thanks
    reason2
    • #6
    • 16th Jul 17, 9:24 PM
    • #6
    • 16th Jul 17, 9:24 PM
    If your original lender has gone out of business, usually another company will take over there loans portfolio.

    The debt collector wasn't the one who lent to you in the first place and has no power or obligation to issue refunds on behalf of another company.

    Who was your original creditor ?
    Originally posted by sourcrates
    toothfairy...

    i had a £200 loan and a DCA periodically sends me emails saying i can settle for £7300

    i went to trading standards at the time who found in my favour for the complaints i had.. they arent on my credit report however
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