Student loans and pensions

James3891

Adamsssss wrote: »

Hi James.

I'm not sure about them refusing to provide you with the statements but Dollar Financial seem to be the worst for not responding. I have complaints with FOS regarding Payday UK and Payday Express after neither of them replied after 8 weeks. If you have online banking then you can check all your previous dealings with them to get an idea of the interest and charges you paid them.

Regarding Wonga - absolutely yes you can! See my post on page 99, I had my last loan written off for about £200-300 I think it was. They won't include this in their calculation of any potential refund as you most likely repaid less than you borrowed but I had a good result from them.

Good luck!

I'll look into Wonga, over 6 years i expect i borrowed around 35k, scary stuff.The redress of £900 to clear the account wasa around £500 of their interest and fees.
I hope Money Shop might at least wipe my account , i worked out i owe about £200 but again with charges andd interest they have it at £550.
CFO reduced my balance by half for malicious communications and repaying each month but hoping the new redress from them might mean it gets written off.
Next to deal with is the biggest PDL joke i've encountered yet, Opos/Kapama.£100 loan with £118 interest, £100 collection charges,£75 default charges and £270 in daily attempt charges.Insane.
One i'd love to challenge is Micro Credit but they went under before i could claim, they took about £2k for a £300 loan via CPA under the name London Treasury Services, horrendous mess to get in but now on the path to redemption with help from here.

Adamsssss

I have a complaint ongoing with them too. It has recently been referred to the FOS as they didn't reply after 8 weeks - not surprising as they are in liquidation as you say. The FOS will get in touch with whoever they can to try and deal with it.

It's worth a go even if nothing comes of it. Costs nothing to send an email or two.

Adamsssss

On a positive note, Wonga paid up yesterday. £3,369.17 in the bank:j

Delete33

Adamsssss, We will all be round your house for a drink tonight:beer: Well done again:T:cool:

enthusiasticsaver

Great to hear of all these payday loans having to pay out. Totally disproportionate charges and unscrupulous lending practices. Nice to see lots who got sucked into the payday loan trap are now being reimbursed.

leighavfc

Right received a final decision from Mr Lender. I only had 2 loans with them, the first i took out and rolled over 3 times before paying back in full. The second i didnt pay back as i was in the process of setting up a DMP with Step Change.

Basically they have said that they believe they did all the correct checks and that i had an "Average score compared to the other scores they were seeing at the time".

They have as a goodwill gesture knocked £135 off my debt, which will actually half the remaining balance. Do you think this is fair or shall i reject ?

Delete33

leighavfc, They can not see your credit score ( Liars ), looks a decent offer, its up to you ????????:cool:

leighavfc

Delete33 wrote: »

leighavfc, They can not see your credit score ( Liars ), looks a decent offer, its up to you ????????:cool:

Yeah i thought it was a decent offer to be fair considering on only had 2 loans with them. Debt problems were only just starting then. There would have been plenty of missed payments on credit file before this along with Wonga loans and a high rate intrest loan from Everyday loans, so the signs were there. I dont know whether to just accept this one as they have wiped all the interest from the loan.

lantanna

Update from me, was in the process of contacting a few that I haven't heard back from yet and contacted Cashconvertors - strangely they replied straightaway and sent me a letter that they had emailed too me on the 27th of August (allegedly)! Anyway they upheld my complaint and said that if they did not hear from me within 10 days of the letter they would close the complaint. So I have now sent them my bank details and asking them when I am getting the refund of £1200 none the less................................ I don't believe that they sent the email initially at all - they were waiting to see if I would forget about it. Anyway gives me hope for taking Satsuma to the FOS.

lantanna

They are just so flipping sneaky! Keep on at them folks!