Payday Loan Broker fees

wizzykid123

Hi all, I would first like to state that back in December I got myself heavily caught up in gambling and as a result I turned to payday loans. I my pursuit of money I stumbled upon some of this so called broker sites, the problem I have is at the time I was hard to understand what u were signing up for, however naive that sound (and i know you should always read the small print.) So anyway I have now got my finances back on track finally and was going though so of my unopened bank statements today when i realized that in total I have now paid out roughly £160 in broker fees, the thing that makes it harder to swallow is the fact that I never actually got a loan from any lenders that theses brokers sent me to, so I don't really know what I've paid them for.

Now I know this is a long shot and theses now date back to Dec 2012 but do I stand any chance of claiming any of this money back or should I just be seeing it as a lesson learn slap on the wrist type of thing?.

PS: thank you all in advance for any advice you can give me and also the brokers in question are :
loansexpert.co.uk - £69.50 fee
moneywarehouse.co.uk - £23.14 fee
myloan.co.uk - £68.99 fee

warwicktiger

Forget and move on I'm afraid.

Snowballs chance in hell

MoneyMate

Good Luck in advance, surely ALL the links are on this site :money: to help make the best of your situation . :beer:

dunstonh

Firms are allowed to charge. Indeed, the regulator actually has a preference for explicit charging as it is cheaper for most people.

Certainly payday loans is an area that needs looking at and standards improving but there is nothing wrong with the fees as long as the companies did what they were employed to do. If they did not do what they were employed to do then you may have a case.