Student loans and pensions

Turtle87

No.

Good page here for updates; https://debtcamel.co.uk/wonga-has-stopped-issuing-loans/

Rachsct21

This may have been asked before but there are so many pages of comments.

I took over 40 payday loans out with paydayuk and QuickQuid between 2007 and 2012, I complained and they both said that they wouldn’t look at them because they were outside the 6year window and that I could go to FOS but they wouldn’t look at them either. I never went to FOS because of this comment which I now know FOS would potentially look at them. It’s outside the 6month period to escalate to FOS. Do you think I could complain again and then take to FOS if I get the same response? I seen something on ppi claims from Martin Lewis saying you can claim again but wondered if it’d be same with payday loans

Turtle87

Your best bet is to telephone the FOS and ask them. 0800 023 4567

tibawo

I've had a letter that my case is now with ombudsman and they wanted any additional info by 20 May.

How long did people have to wait after this for a decision?

princesspennies

After getting caught up in the payday loan trap from 2014-2018 I have had an offer back from Lending Stream for £4800.00.. I will also have all info removed from my Credit file for 36 of the loans.

There is a long wait from the ombudsman, i started my claim Oct 2018, all info had to be given by end of January by both parties i believe....I then waited, for quite some time before it was assigned to an adjudicator. The good news is that once they start looking at the matter its dealt with really quickly. I beleive they stated my case within a week or two, LS replied within a week to say they agreed and i acccepted. I now have a 28 day wait for the refund and my Credit file adjusted.

There sames to be a real stigma about payday loans, but im going to use this money to repay some of my CC debt, and put towards a mortgage deposit evenutally !!! Good luck to all those who's claims are ongoing x

princesspennies

I would try your luck and reply to them asking if this is there final response. Then start a claim with FCO after wards x

s1983shaun

That is really positive. I sent my Lending Stream complaint to the FOS May 2018. I chased and was advised it was awaiting an adjudicator. Got a reply from an adjudicator 18 May just gone saying they upheld loans 2-25.

Lending Stream have until the 3rd to reply, hopefully in my favour at the adjudicator and not passed to ombudsman. I had 25 loans from July 15 to July 17 with the first load a month or 2 after 3 defaults on a DMP and with lots of other paydyabloans from other providers.

Been clear the last 2 years which is good.

Mandy_David

Princesspennies will you let us know if you had to wait full 28 days for your money to reach your account or they paid you quicker? Also did you have to provide them with your bank details or they just gonna use the one they have for u?

Fiona_CW

I got a letter from FOS yesterday basically saying that they are snowed under with PDL complaints and it will be months before they can deal with mine (submitted in February)

s1983shaun

Just out of interest you said you submitted in Oct 18, then both parties had to give information by Jan - what info was this?

After I submitted mine in May 18 (with my bank statements and loan details plus credit report) I heard nothing until I got a letter a year later from adjudicator saying they upheld my complaint (or they believed it was irresponsible Lending) and was to be refunded. Is this normal?