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woody53 wrote: »
Hi all just wanted to share some good news regarding payday loan companies.....
From early 2011 until mid 2014 I too was caught in the payday loan trap, all my own fault may I add, I borrow the money and in the end paid every penny back, would estimate 15000 over the years maybe 20.
Early this year I saw all the news regarding payday loan companies and irresponsible lending, unfair interest etc etc etc, so I decided to have ago and try and get a few quid back myself.
So far I have been in contact with 5 of the companies I was lending multiple loans from at the same time with many roll overs too, I have received 4 apologies and offers totalling over 5000 and the other complaint is now with the ombudsman.
I never expected these amounts back but if you too were in the same situation, get all your facts in order and get complaining, from the initial email sent I had the money back within 8 weeks.
keepcalmandstayoutofdebt wrote: »
Well don't take out finance that can't be afforded, can somebody who was forced into a DRO or bankruptcy as a result of payday loans have that reversed? No bet not. I also learnt a lesson in having a DRO along with being massively judged to boot over the years.
I learnt don't take out finance that can't be afforded and live with your actions. No?
That's why I'm against making any sort of claim. Personally.
Same went with PPI. Why should people receive money, possibly more then they EVER paid and walk of scott free?
Not to mention the innocent people who could lose their jobs.
Personally this thread is more discussion time. Just seems wrong.
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