Payday Loan and FOS

leslieleee
leslieleee Posts: 9 Forumite
First Post
Hi all, I've taken out several payday loans in the last 2 years, and recently I filed complaints to all of them using the tools on MSE website. Two of them offered compensation (Mr Lender and Fernovo), but the rest issued final decision saying that won't upload the complaint. Therefore I escalated the cases to FOS. After 2 weeks, FOS got back to each of the cases with a reference number. I submitted all the additional information they asked for. And I've been told that I will only get a reply or update about the case around Christmas this year. 

Just wondering if anyone has escalated payday loan complaints to FOS before, and what's your experience with them? I've made some terrible decisions to get those loans and I do hope that I could claim some of the interests paid... But I'd like to know others' experience as well... THanks! 

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