Last Monday Nights Panorama

davelee1097

Hi I watched Panorama last Monday and someone on there got £100,000 written off their £120,000 debt!
They mentioned mistakes in the Credit Agreements issued by the lenders.
Now my question is this;
August 3 years ago I had a letter sent to me from Leeds Building Society saying I am Preliminarily approved for a £10,000 loan because I had a mortgage with them.
When I rang them to ask about the letter they told me they would have to process an application in which I failed and subsequently I was declined the loan. A couple of hours later I had a phone call from a lady from Ikano (Leeds BS) Regarding the letter I had received and offered me the loan. She send the Credit Agreement out to me and I received the money.
Now Wouldn't that actually be classed as "Irresponsible Lending"?

As I already had a poor credit history and really struggled to get the mortgage I had with my income and credit rating.

Do you think I would have a case in trying to get all or part of this debt written off?

Thanks for taking your time to read this, I know it's unethical but I'm just really considering my options.

David :beer:

insider66

Is the debt secured?

davelee1097

Oh sorry forgot to mention, it's unsecured.
Thanks

davelee1097

Bump................