Irresponsible lending: Offer

1 Post
Hi,
I was offered the below from an irresponsible lending claim but I'm struggling to understand what I can actually expect to get. Does anyone with experience know what all there terms mean, including waiver etc
Total Owed to you £ 2520.01
● Total Waiver Amount: £ 1417.11
● Total Refund Amount £ 1102.9
● Total Outstanding balance after the redress: £ 0
I was offered the below from an irresponsible lending claim but I'm struggling to understand what I can actually expect to get. Does anyone with experience know what all there terms mean, including waiver etc
Total Owed to you £ 2520.01
● Total Waiver Amount: £ 1417.11
● Total Refund Amount £ 1102.9
● Total Outstanding balance after the redress: £ 0
0
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Replies
They are also refunding you £1102.90 (of interest or payments you have already paid?). This is the amount you will actually receive.
I had your post moved over here as these kind of posts get contentious responses in the forum you originally posted in.
More than a third of IVA`s fail....fact.
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