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Safety net credit Fos

reclaimallican
Posts: 2 Newbie
I made a complaint against safety net credit for miss selling me a loan I couldn't afford. They offered to write off my balance and give Me £2500 back. They didn't at the time tell me how they had worked this out and dint Give me the figures for how much interest I had paid and didnt Give me an 8% interest figure.
At the time I was desperate so accepted. I then subsequently found out I at paid over £10000 of interest to them over 4 years!
My question being as I have accepted their original offer and had The money paid will the FOS look at my complaint and how It was dealt with? Or will they diss miss because I accepted the offer from safety net
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Comments
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They won’t decline it because you’ve accepted an offer but they will decline it if safety net’s final response letter was over 6 months ago.helpful tips
it's spelt d-e-f-i-n-i-t-e-l-y
there - 'in or at that place'
their - 'owned by them'
they're - 'they are'
it's bought not brought (i just bought my chicken a suit from that new shop for £6.34)1 -
Loans are expensive, particularly pay day style ones, you pay a lot of interest if you don't pay the debt back quickly. That you paid £10000 to them for a £2500 loan doesn't mean they owe you all the interest back. Even the FOS accept that even if the loan was considered miss-sold, the basic fact is that you still had the benefit of the money and it's fair to say you need to pay that back in most circumstances.
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