We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
247 Moneybox Redress
Hi Guys
Had a loan with this crowd 4 years back, defaulted on it. They sent me an email a few days ago telling me to log into see my redress claim. Cant remember doing one, Logged into the below messege. What does it mean?? Do I owe them £300 now instead of the £800 or is that loan being wiped?? It mentions on the FAQ all successful redress claims are removed from the CRA's. There is a dead line to accept. Not sure what to do or what It means, any help would be appreciated.
Had a loan with this crowd 4 years back, defaulted on it. They sent me an email a few days ago telling me to log into see my redress claim. Cant remember doing one, Logged into the below messege. What does it mean?? Do I owe them £300 now instead of the £800 or is that loan being wiped?? It mentions on the FAQ all successful redress claims are removed from the CRA's. There is a dead line to accept. Not sure what to do or what It means, any help would be appreciated.
Redress Assessment
The Joint Administrators have assessed the loan(s) advanced to you and have determined that you are entitled to redress.
Revised balance still owed: £300.00
Total calculated claim amount: £0.00
0
Comments
-
Yes, as it states, you now owe them £300 instead of your previous balance.
I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
I posted earlier, however I appear to be in a better state where the balance owed is £0 and the total calculated claim amount is just under £2k.0
-
See my reply on your other post.
I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Hello my calculated claim amount was just over 1000 have have many people already got a redress if so what percentage? It is likely I will get something?sourcrates said:See my reply on your other post.
0 -
I have not seen any reports on a % being finalised....if similar to Wonga model maybe get about £40 back
https://forums.moneysavingexpert.com/discussion/6221329/24-7-moneybox-redress#latest
1 -
Substantially smaller is a still smaller then I was hoping hahaCaz3121 said:I have not seen any reports on a % being finalised....if similar to Wonga model maybe get about £40 back
https://forums.moneysavingexpert.com/discussion/6221329/24-7-moneybox-redress#latest0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards