1st Money Direct/BC Loans

wigwamman
wigwamman Posts: 5 Forumite
URGENT!! I used to work for this company and was moved to the company next door "1st Money Direct". They claim to be a different company but are completely the same with the same managers/staff. Both these companys will take your card details claiming to do a security check to prevent fraud and put you on hold then take AS MUCH MONEY AS THEY LIKE! They do not offer you 8.4% apr like they claim, it is a massive con!

Do not use this company for anything! I can not stress this enough, I handed my notice in after a couple of weeks because of the things I was asked to do. (also not been paid for the work I have done).

Comments

  • well done you for leaving,the likes of this lot are blood sucking scum.(can i say that on here? lol)
  • Apples2
    Apples2 Posts: 6,442 Forumite
    Just add them to the endless list of stupidly named companies who should be avoided

    https://forums.moneysavingexpert.com/discussion/1768857

    Pointless warning people anyway.

    Nobody searches for companies first, they merrily hand out all their bank details first, then have a hissy fit afterwards when they find out they have been scammed.
  • Well abit of advice for people that do deal with either of these scum.... Go to your bank and ask them to put a charge back on them. It will cost the company £50 and they are terrified of this happening.
  • Apples2
    Apples2 Posts: 6,442 Forumite
    wigwamman wrote: »
    Go to your bank and ask them to put a charge back on them. It will cost the company £50 and they are terrified of this happening.

    Eh??

    .......
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    Just look at the name? do you need to know you're going to be rear ended?
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • Apples2 wrote: »
    Eh??

    .......

    The bank will credit your account and charge the amount back to the merchant. This must happen within one billing cycle, if you have done everything you were supposed to. If the merchant doesn't respond, the amount is gone from your bill forever.

    If the merchant disputes the chargeback, the bank has to decide who is telling the truth. If you don't like the decision, you can go to court or pursue other remedies that are beyond the scope of these
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