Beware of of first money direct

nanof6

I had a phone call from a company First money direct. I had a phone call from them regarding a loan, they said they could give us a loan, they took my card details, and with in 30 mins money was taken from my bank, i telephoned the bank had my card stopped when i realised this could be a scam.The company said i would receive the paper work the next day, i,m still waiting. I made a few investigations my self and was told by Trading Standing office that their credit licence was being revoked.I have written to them to ask for my money back, i,m just waiting for their reply.Has anyone heard or had dealing with this company.

fozmcfc

Sounds like you have been done like many by one of the numerous brokers/bogus loan companies.

The nom is they charge a fee (not normally £139 though) and then come up with nothing/or offers of loans which are for far less than you want and for a ridiculous interest rate.

If it is this company. http://www.firstmoneydirect.co.uk/terms.asp then item 13 tells you how you could get your money back.

Stick around I'm sure people can offer some assistance around here.

harrison_neil

I used to work for this company and currently have a high court fast track summons to collect unpaid wages. I also have a meeting with national tabloid to have a story published about the company.
If anyone needs any information on how to get their money back quicker pm me. Also any other people that have had a similar situation as nanof6 then please contact myself. The more people that come forward about this shady operation the better.

sweetnorthenlass

my ex had issues with them to... i am sure they were on tv about this scam to last summer...

dantheman2010

nanof6 wrote: »

and with in 30 mins £139.00 was taken from my bank

If it is the company fozmcfc has linked 'item 11' says they will take a £69.99 fee, seems like they may have charged you twice.

BackOnTrack

Sounds like you've been scammed, saw this first month payment thing in another thread recently as well. Have you tried asking your bank to do a charge back?

iolanthe07

No proper loan company charges the first re-payment up front. Sorry - I think you've been scammed.

harrison_neil

fozmcfc would you interested in speaking to a reporter about your situation?

harrison_neil

nanof6 wrote: »

I think this company should be exposed, but i have a enough problems my father his terminlly ill, i don't want to have anymore stress, i have contacted the bank and waiting for a form for payback. i will just have to put this down a silly mistake when i was so stressed. i,m just warning people of this company, i will see whats happens to see who signs for my special delivery letter tomorrow.

PM me Nanof6 if you would like to talk to a reporter.

industryinsider2

OFT announces that First Money Direct Ltd have had their consumer credit license revoked.

http://www.oft.gov.uk/news-and-updates/press/2011/15-11

industryinsider2

@nanof6 and sweetnorthenlass

It's still worth trying to get a refund of your fees. The OFT may well be overseeing refund activity following the action they've taken.