Quickquid Successful Reclaim

Aqua1985
Aqua1985 Posts: 54 Forumite
Part of the Furniture 10 Posts Combo Breaker
in Loans
Finally paid my overdue redress of £1000 after a long and frustrating wait. Added to my list of Wonga, Sunny and PDUK and over £5000 claimed back! For those of you still claiming keep going and chasing and it will all be worth it in the end!
«134567

Comments

  • iarniee
    iarniee Posts: 96 Forumite
    Aqua1985 wrote: »
    Finally paid my overdue redress of £1000 after a long and frustrating wait. Added to my list of Wonga, Sunny and PDUK and over £5000 claimed back! For those of you still claiming keep going and chasing and it will all be worth it in the end!

    What was redress for?
  • gmchid87
    gmchid87 Posts: 5 Forumite
    How long did it take to get a reply? I received an email saying they would deal with my complaint no longer than 8 weeks......next Tuesday is 8 weeks for me!!
  • Aqua1985
    Aqua1985 Posts: 54 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    gmchid87 wrote: »
    How long did it take to get a reply? I received an email saying they would deal with my complaint no longer than 8 weeks......next Tuesday is 8 weeks for me!!

    Took 15 months in total from original complaint. Took 40 days after FOS ordered to pay redress. Sham of a company that lends money in minutes
  • gmchid87
    gmchid87 Posts: 5 Forumite
    Yeah 100% they are. I am not holding out much hope on mine as it was over 6 years ago :(
  • Aqua1985
    Aqua1985 Posts: 54 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Doesn't matter if over 6 years old. FOS looking at all loans post 2007. Ok if over 6 years as it only recently became known you could reclaim interest charges due to predatory lending.
  • gmchid87
    gmchid87 Posts: 5 Forumite
    That's good and a relief I really hope I get compensation!! 🤞
  • boo_star
    boo_star Posts: 3,202 Forumite
    Part of the Furniture 1,000 Posts
    gmchid87 wrote: »
    That's good and a relief I really hope I get compensation!! 🤞

    You won't.

    At best they'll wipe out the charges and interest but that'll be it.
  • glennstar
    glennstar Posts: 282 Forumite
    Fifth Anniversary 100 Posts
    Aqua1985 wrote: »
    Doesn't matter if over 6 years old. FOS looking at all loans post 2007. Ok if over 6 years as it only recently became known you could reclaim interest charges due to predatory lending.

    Not predatory borrowing then??
    The views expressed here are my own. I am not a Solicitor nor am I affiliated with any of the parties I mention. If you disagree with any of my comments please say in whatever way feels most natural to you. No one self improves in a bubble!
  • gmchid87
    gmchid87 Posts: 5 Forumite
    Is that what usually happens?? During my time of payday loans I had a loan with quick quid which I rolled over for a year then went into a debt management plan I am still paying off the loan with quick quid through that.
  • boo_star
    boo_star Posts: 3,202 Forumite
    Part of the Furniture 1,000 Posts
    gmchid87 wrote: »
    Is that what usually happens?? During my time of payday loans I had a loan with quick quid which I rolled over for a year then went into a debt management plan I am still paying off the loan with quick quid through that.

    They're entitled to their money back at least. Surely you can agree with that?
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
  • 350.3K Banking & Borrowing
  • 252.9K Reduce Debt & Boost Income
  • 453.2K Spending & Discounts
  • 243.3K Work, Benefits & Business
  • 597.8K Mortgages, Homes & Bills
  • 176.6K Life & Family
  • 256.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

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.
Update Your Picture