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tv loan companies

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i recently applied for a pay day loan from quick quid. com, who into recommened a company acompany called loan finder direct. this company rejected my loan application, i fought no more of this until yesterday when i went to the bank and noticed money missing from my account. i went into the branchto get a explanation and they printed me out a statement which showed loan finder direct had taken a service charge of £29.72 even though my loan application was rejected. is this legal?

Comments

  • CyCo_2
    CyCo_2 Posts: 288 Forumite
    What did it say in the T&C's when you applied for the loan?
  • womble100
    womble100 Posts: 33 Forumite
    Part of the Furniture 10 Posts
    edited 1 February 2011 at 12:44PM
    [TEXT DELETED BY FORUM TEAM]you will now need to go through a refund process with them.it will take time but you will get your money back.look at other threads on this board to see how it works.if they dont play ball report them to the fsa.good look.
  • Peelerfart
    Peelerfart Posts: 2,177 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They are,I believe entitled to keep £5.00 but they must refund the rest - eventually!
    Space available for rent
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    They could only have taken money from your account if you gave them your bank account details. Never do that again - these sub-prime brokers will raid your account whether you understand what you signed up to or not.
    I used to think that good grammar is important, but now I know that good wine is importanter.
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