Student loans and pensions

fusionx212

So I remembered sunny were 8 weeks up this week, so I emailed them via resolver stating they are approaching the 8 week allowed limit, my sunny loans were from late 2015-2016 which means they are still offering un-affordable loans to people.
they advised they did all the checks they were required too but looking at the information I provided they are upholding my complaint, (mainly because going to the FOS costs them £550 if they lose.) but i got all loans and full interest + 8% returned. £540 quid

was really wavering today about wonga etc but this cheered me up no end,

total charges reclaimed so far,

peachy £450 - all loans removed
sunny £540 - all loans from 2015-2016 removed - which is what I want the most
santander, Default removed from credit file, £250 compesation
Barclays £400 bank charges back - Turnt my overdraft into a 0% loan with them as well.

total = £1640 - placed into savings for now.

pending
Wonga £4097 - phoned my adjudicator explained i was upset with how long this has dragged on for but she gave me a good indication she agree's with my assessment and will let me know by Friday this week.
myjar £400 - denied wrong doing but loans took out along side sunny. - FOS asked to look at this for me.
quick quid £200 - offered to remove from credit file, even though i already had it removed from the debt collector, i wanted interest and fees back - With FOS
Very Littlewoods - about £1000 in fee's whilst i was dealing with debt issues for the above. 8 Weeks approaching

total = £5697

if all payout as i expect them to

£7337

this would clear 5k loan I had to take out to finally break the cycle of pdl's i am bout £400 better off a month this way
overdraft - £3500 - £70 a month repayment.



I can then clear off my credit card - £700 which is upto date no late payments etc. £50-100 a month repayment as trying to clear it.

total debt = £9.3k - £7337

debt left = £1863 which I can clear off by dedicating some of my current outgoings on i.e - £200 a month for about a 9 months.

I have improved my credit score of 0 back upto 600, although means nothing but I got offered a hsbc credit card the other day for the first time, I did not take it out but I really want to keep positive, I have dedicated hours if not days to sort my finances out and I feel a million times better for it.

Delete33

Brilliant Fusionx212, just shows what can be achieved and repaid back from these Predators. Credit file made better, all round a great result.:beer::j:T:):cool:

fusionx212

Delete33 wrote: »

Brilliant Fusionx212, just shows what can be achieved and repaid back from these Predators. Credit file made better, all round a great result.:beer::j:T:):cool:

i'm trying, impatience gets the better of me, all of that is hopeful not for definite, but I am on the right track.

illegally_blonde

Fusionx212 - hope you don't mind me asking but how did you go about trying to reclaim the very & littlewoods charges? Ive got about 4 accounts with shop direct, one of them at a debt collectors so no interest, but the others I'm paying through a dmp and the payment is almost as much as the interest, I've worked out that I'll be well over 100 years old by the time it's paid off!

fusionx212

illegally_blonde wrote: »

Fusionx212 - hope you don't mind me asking but how did you go about trying to reclaim the very & littlewoods charges? Ive got about 4 accounts with shop direct, one of them at a debt collectors so no interest, but the others I'm paying through a dmp and the payment is almost as much as the interest, I've worked out that I'll be well over 100 years old by the time it's paid off!

I am still challenging them at present. I logged my complaint via resolver.co.uk which gives you emails.of the MD and escalation managers and tells you when to escalate to the FOS. You need to argue when they offered you the account they did not take your affordability into consideration offered large credit facilities and four accounts in your case.

I would say if you are on a DMP with them them you need to ask them to freeze all interest and fees.

They don't just stop because you asked for a DMP you need to request in writing they freeze all interest and fees straight away.

The very fact you're in a DMP is a strong case to request all fees and interest .

End of the day the are a lender of varying sorts and they happily offered you credit repeatedly even though I'm sure you have a tonne of late payments and. Poor credit file. They did not do the adequate check.each time you did use their facility also.

I am.still battling this but others have won against them & you have a better case than I do. As long as you setout and make it clear what you expect them to do
I used the PDL template at debtcamel.co.uk to email them and changed to my needs. Good luck with this and if you need any help.pointers feel free to ask.

molly2

UB say in reply to my complaint that Call Credit verified my wages but not how. This is what was said when I asked them to explain.

" Please be advised that Call Credit have a product called TAC which we subscribe to, which provides a customer's annual income. Unfortunately you would need to contact Call Credit to confirm how they deduce your annual net income as we only rely on the information they provide. We are not privy to how they obtain. Having said this, I don't think they contact your employer, as I presume they make use of the information supplied to them by various creditors.
You stated the information provided by call credit is incorrect, however they verified the income you supplied £900.00/ month. If £900.00 per month as income is incorrect then I submit you supplied us with inaccurate information.

Thought people might like to know this.

fusionx212

molly2 wrote: »

UB say in reply to my complaint that Call Credit verified my wages but not how. This is what was said when I asked them to explain.

" Please be advised that Call Credit have a product called TAC which we subscribe to, which provides a customer's annual income. Unfortunately you would need to contact Call Credit to confirm how they deduce your annual net income as we only rely on the information they provide. We are not privy to how they obtain. Having said this, I don't think they contact your employer, as I presume they make use of the information supplied to them by various creditors.
You stated the information provided by call credit is incorrect, however they verified the income you supplied £900.00/ month. If £900.00 per month as income is incorrect then I submit you supplied us with inaccurate information.

Thought people might like to know this.

I'd have to argue with them as you have not agreed to such a search to be performed. I have never been informed of base salary data being collected and used on your credit file.

this to me is a data protection issue and worth raising a complaint with the FOS/ICO

credit reference agencies do nothing but make me hate them.

molly2

Thanks for your email and I hope you’re well. I can assure you, as a credit reference agency, we do not verify our customers monthly salaries.
As a credit reference agency, we are simply data custodians and we provide a financial history to any potential lenders searching our database. I can see you created your Noddle account on 14/07/2015 and the information on this report, is what is provided to any potential lenders that you apply for credit with.

molly2

This is what UB said regarding Call Credit and verification of wages I my Final Respponse and the reason why I contacted Call Credit.

While assessing your application I can confirm that we completed a credit check through the credit reporting agency Call Credit. We asked them to verify your monthly salary and they confirmed that the figure you provided of £900 was correct.

fusionx212

molly2 wrote: »

This is what UB said regarding Call Credit and verification of wages I my Final Respponse and the reason why I contacted Call Credit.

While assessing your application I can confirm that we completed a credit check through the credit reporting agency Call Credit. We asked them to verify your monthly salary and they confirmed that the figure you provided of £900 was correct.

molly, this is clearly a Lie, advise uncle buck of this, send them the email sent to you via call credit and then advise them you intend of going to the FOS as this is a clear breach of finance regulations.

you could say you would be willing to overlook the fact they have lied to you if they were to settle your complaint in full and remove all reports from your credit file. failure to do so would mean you need to bring the lie's performed by uncle buck to the FCA's attention as well as the FOS. to enforce your complaint further i would suggest the fact this is a blatant lie brings uncle bucks reputation into question and that all information provided has to be considered potentially false.

it depends on how you want to react but I don't see why you can't use to your advantage. it's a negotiation.

the right and good in me says report this because they shouldn't be allowed to get away with it.