Quick quid/pounds to pocket at same time?

Benjizack

Hello,

Back in the summer I had a quickquid loan that I was looking to pay off, I couldn't do it all at once but then discovered pounds to pocket which is quickquid sister site for loans over 12 months. I applied and was told I couldn't have a loan as I was with quickquid and can't have two loans at once (which is fair enough). I paid my quick quid loan off and as doing this left me short I took out the pounds to pocket loan. I checked my quick quid account which wouldn't let me apply for a loan as I now had a pounds to pocket loan. A couple of days later I had an email from quick quid with a discount code and the site let me take out another loan.

I am now struggling to pay back both loans from September.How is this possible as according to there website you can't have loans with both due to 'indebtness regulations' .What are these regulations?

stephane_2

At the end of the day you borrowed money that you could not repay....you won't be able to escape from it!

Benjizack

Hi I know that!

I just wondered if they had broken any 'indebtness regulations' by giving me two loans. However I think this just there internal rules!

Duke203

Presumably you were very happy for their help when they gave you the money though?

Benjizack

Yes of course I was,and at the end of the day it was me that applied for the loans. I'm just surprised that they allowed two loans because of there rules.

Apples2

They can throw as much money as they feel like at daft people too eagre to grab cash.

You applied, you took, you spent. It's time to repay. They have done nothing wrong

Treadmill

Well it appears that they have done wrong unless their business model is not to get paid back, bad luck Quick Quid/ Pounds to Pocket. Be more stringent next time.

somethingcorporate

Probably just an internal rule that has absolutely no bearing on you.

You'll still be expected to pay back the debts in full or face the consequences of defaults and ruined credit for a while.