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Sky Mobile
dcox1978
Posts: 6 Forumite
I have been trying to search the internet in regards whether or not Sky Mobile is an irresponsible lender.
Before I start I understand that I have took these out but there are circumstances, the point I want to make is that there were no safegaurding in place
26/11/17 - At a cost of £780.00 (£26 per month)
29/12/17 - At a cost of £780.00 (£26 per month)
08/01/18 - At a cost of £618.00 (£21 per month)
03/02/18 - At a cost of £1272.00 (£42 per month)
28/02/18 - At s cost of £729.00 (£25 per month)
So in the space of approx 90 days Sky allowed me to take out 5 contracts with brand new mobiles, total cost £4179.00 and a monthly charge of £140 per month. Contacted Sky and they said they performed credit checks on me and I passed everytime, im not sure how as im over £10000 in debt. Also checked credit reference agencie and only 2 checks were carried out but no affordability checks. I just want to know is it irresponsible lending?
Before I start I understand that I have took these out but there are circumstances, the point I want to make is that there were no safegaurding in place
26/11/17 - At a cost of £780.00 (£26 per month)
29/12/17 - At a cost of £780.00 (£26 per month)
08/01/18 - At a cost of £618.00 (£21 per month)
03/02/18 - At a cost of £1272.00 (£42 per month)
28/02/18 - At s cost of £729.00 (£25 per month)
So in the space of approx 90 days Sky allowed me to take out 5 contracts with brand new mobiles, total cost £4179.00 and a monthly charge of £140 per month. Contacted Sky and they said they performed credit checks on me and I passed everytime, im not sure how as im over £10000 in debt. Also checked credit reference agencie and only 2 checks were carried out but no affordability checks. I just want to know is it irresponsible lending?
0
Comments
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If you passed their risk criteria, then it's now their concern. They will price according to their default rate.
You would know better than them whether you could afford them.0 -
Do you mean you want to try and cancel them without any fee's or charges and make a compensation claim for irresponsible lending?0
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So where are these phones now?0
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So did you actually apply for these phones. And the question is why?Mortgage free wannabe
Actual mortgage stating amount £75,150
Overpayment paused to pay off cc
Starting balance £66,565.45
Current balance £58,108
Cc around 8k.0 -
Well I cant cancel them now as passed the cooling off period and I no longer have the phones. I'm interested in whether or not its irresponsible lending0
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No. Irresponsible borrowing.
But as long as you keep up repayments, you'll be ok.0 -
You knew fine well what you were doing.....bet you have sold them on and now whining about irresponsible lending. From your name I'm guessing you are 40ish....start acting like it.0
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No longer have the phones as in sold them?
I don't know what kind of advice you were expecting, but most people on here will see you for what you are.......a chancer.I came into this world with nothing and I've got most of it left.0 -
You could be buying them for children to use, or other relatives. Or employees. There are a lot of possibilities. If you passed their affordability criteria its a legitimate contract.
DarrenXbigman's guide to a happy life.
Eat properly
Sleep properly
Save some money0 -
Why don!!!8217;t you have the phones now?Mortgage free wannabe
Actual mortgage stating amount £75,150
Overpayment paused to pay off cc
Starting balance £66,565.45
Current balance £58,108
Cc around 8k.0
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