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YES Loans Stolen my money !!!

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Comments

  • dfh
    dfh Posts: 1,073 Forumite
    edited 16 October 2010 at 7:53PM
    http://www.oft.gov.uk/news-and-updates/press/2009/85-09

    It might be useful to refer to it when you are writing to them.Good luck and hope you get your refund.

    Please read this link but the first few lines should do the trick for you.

    REQUIREMENTS IMPOSED BY THE OFFICE OF FAIR TRADING ('OFT')
    PURSUANT TO SECTION 33A AND 33D(4) OF THE CONSUMER CREDIT ACT
    1974 ('the Act')
    REQUIREMENTS RELATING TO:
    Yes Loans Ltd (Consumer Credit Licence. Number 530037)' registered office address:
    Cradoc House, Heol-Y-Llyfrau, Aberkenfig, Mid Glamorgan, CF32 9PL
    THE OFT REQUIRES AS FOLLOWS:
    That Yes Loans Ltd must comply with the requirements listed at 1-14 within 1 month of
    the requirements being imposed and the requirement listed at 1'5 from 1 October 2009.
    Yes Loans Ltd will:
    1) maintain its telephone script, so that the script when recited by Yes Loans' staff
    informs all telephone customers of their right to cancel their contract for Yes Loans'
    services within a 14 day period and to receive a refund of fees. The following
    statement will be recited: "You have a right to cancel within 74 days and receive a
    refund. Any refund request must be in writing. Details can be found in our Terms

    and Conditions. '>
  • toadyfrog
    toadyfrog Posts: 918 Forumite
    Some people don't use a computer to actually type and are not always sure about spacing and paragraphs. I'm lucky I had typing lessons at school even if it was on a manual typewriter with plenty of tippex :)

    Anyway hope the OP sorts out his money problems, and even I don't agree with the way Apples2 went about it well done on your advice.
  • If it makes you feel any better OP about 3years ago i got a loan for £3,500 from Yesloans, and never repaid a single penny of it, not 1 penny!! :D
    (Its been written off now)

    But so in someways i took-back the money they stole from you. :)
  • ILW
    ILW Posts: 18,333 Forumite
    If it makes you feel any better OP about 3years ago i got a loan for £3,500 from Yesloans, and never repaid a single penny of it, not 1 penny!! :D
    (Its been written off now)

    But so in someways i took-back the money they stole from you. :)

    As long as you are happy in your crappy little rented bedsit, confident in the knowledge that you will never be able to buy your own place or even rent a DVD then that is fine. Personally I would rather pay back money that I have borrowed.
  • fozmcfc
    fozmcfc Posts: 3,098 Forumite
    Part of the Furniture Combo Breaker PPI Party Pooper Debt-free and Proud!
    If it makes you feel any better OP about 3years ago i got a loan for £3,500 from Yesloans, and never repaid a single penny of it, not 1 penny!! :D
    (Its been written off now)

    But so in someways i took-back the money they stole from you. :)

    As an outsider what's your take on the human race?
  • dfh
    dfh Posts: 1,073 Forumite
    If it makes you feel any better OP about 3years ago i got a loan for £3,500 from Yesloans, and never repaid a single penny of it, not 1 penny!! :D
    (Its been written off now)

    But so in someways i took-back the money they stole from you. :)

    Tell us all about the wonderful company you used and all the legal loopholes that exist that make all loans unenforcible.
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    If it makes you feel any better OP about 3years ago i got a loan for £3,500 from Yesloans, and never repaid a single penny of it, not 1 penny!! :D
    (Its been written off now)

    Which is precisely why Yes Loans and other bottom feeders charge so much interest.
    I used to think that good grammar is important, but now I know that good wine is importanter.
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