Payday loans

Hello all. I’m wondering if you would be able to advise me.
I fell out of work for 5 months in 2017 and took out payday loans to pay my credit cards debts so they wouldn’t go against me.
By the time I got back into work my debt doubled.
I just want to know would I be entitled to a refund from the creditors?
The creditors didn’t check my employment status nor did they check if the loans were affordable.
A few of the companies - wonga, piggy bank, unclebuck, avant have all folded over the last few years and are all in DMP.

Comments

  • You can complain if there is still a company and the refund scheme is open but it's probably a bit late

    The Debt Camel site has a lot of useful info but it looks like:

    Wonga, Uncle Buck - probably not as the deadline has past
    Piggy Bank loans - seems to be ongoing with administrators but I doubt it'll be soon as it looks like 3 years since they went under and someone in the comments said it was still ongoing
    Avant you might be able to

    Do not use third parties for this


  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    So what did you say when they ask what your employment status wa and what your salary was?
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • MEM62
    MEM62 Posts: 5,231 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 14 December 2022 at 3:06PM
    By the time I got back into work my debt doubled.
    That was to be expected.  Payday loans are by their very nature expensive. 
    I just want to know would I be entitled to a refund from the creditors?
    Any complaint, where the window is still open for you to do so, will depend largely on what information you provided when you applied for the loans.  


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