Unaffordable lending

username1062

Just wanted to share a bit of positive news to hopefully give others some encouragement. I’ve recently had a few unaffordable lending complaints upheld — three through the Financial Ombudsman — and the outcomes have made a big difference.

One loan has gone down from over £15,000 to £7,100

Another from £9,518 to £6,680

One credit card has reduced from £8,800 to just under £6,000

And another from £4,500 to just under £1,300

It’s honestly given me a bit of hope that things are heading in the right direction. I’m incredibly grateful for the advice and support from people on this forum — it’s made such a difference knowing I’m not alone in this.

Still feeling stressed about everything, but these wins are a real boost and a reminder to keep going. Thank you all.

MEM62

Well done.  That will make clearing the rest significantly easier.