📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Payday loan

Solaitis
Solaitis Posts: 10
Fifth Anniversary Combo Breaker
Forumite
Hi,


I took payday loan a several years ago, which resulted me rerolling it again and again + taking another loan from different provider and another and another.
I ended up taking one payday loan to repay another and ended up in deep debt.
I was wondering if anyone was in similar position and tried to claim some charges back and if yes what would be steps to do so?


Thanks

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,382
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite
    I would think it's very unlikely. Particularly as you jumped from lender to lender.
  • You know this is a contentious issue.


    If you've never had to go back to them as this is the standard line that regretful customers come out with the "I'm never going to use them again", isn't that compo enough? :)

    Honestly, not worth the stress, put another way if you went bankrupt (after paying up) what would you rather tell your loved ones that you went broke ^^^^^^^^^^^^^^^^
    or took out one of these loans? Can you not spare a thought for some of the people who have and may lose their job when doors are shut? Yes I know it is unfair and unjust but it can revert back on you one way or another, be careful what your wishing for, take care of you and your credit file, there is a lot more to consider x
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.9K Banking & Borrowing
  • 255K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179.1K Life & Family
  • 263.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards
Quick Search

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.