Student loans and pensions

Good to see many success stories-those of you who are still waiting or havent yet done so,do it-you have nothing to lose.
As I previously posted a while back I too got caught in the cycle of payday loans but eventually got out of it,made a number of complaints to a few companies I dealt with and thankfully had a happy outcome (with a fair bit of help from the ombudsman)
I'm back on track and havent touched a payday loan in over 3 years

I don't have bank statements and they are anlittle trickier to get so I don't really want to bother with them until I have to go to the Ombudsman. I do however have records and essy access to my Payslips - is it worth supplying this? I don't want to give them more information and on the end hinders my case?

P.S I haven't lied about any of the information or anything when applying, just wondered if they do actually want to see them and it will help me or if it's a deterrent for people to "give up" on their claims.

Thank you!

I didn't supply the payday loan companies my bank statements but I did supply them to the financial ombudsmen.

I would NOT supply them to a payday loan company if they asked especially QuickQuid, who I found very difficult to deal with. I did in the end get a refund from them for £300 (though I feel I was owed £400-500 considering I was taking out Wonga loans for £900 a month at the same time) but I found they make you jump through every hoop, and try to put you off over and over with stern and threateningly worded emails. I would imagine they would scrutinise your bank statements and claim that you could afford to pay back the loans because you had £20 to buy a pair of jeans - another hoop to get past. Take it to the ombudsmen instead.

If you're worried they will see you have been spending money in a clothes shop/recreation - then don't. It is fair to assume that everybody across the country would spend a little amount each month doing this. Not every spare penny should be considered "taken" by a payday loan company. This is exactly what you are claiming for - they were unaffordable and left you with nothing to live fairly i.e. able to pay other bills, buy food and take part in normal social activities each month. Obviously, if you're buying lots of expensive things, going out every night, booking a holiday etc that's a different story. Though I doubt anyone in this thread has ever felt they were living the high life on payday loans

Stick with it - it's a dance. Just remember - their horrible emails are templates. They don't want to admit defeat and neither should you!

Hi Gems. Expect a bit of a wait as you go through the process. Wonga seems the best to deal with whereas others try to say no from the outset.

Essentially, if you can demonstrate that you had multiple PDLs at the same time, and then again in the following months, you should be able to show that you were unable to pay them off without the need for additional credit. For a loan to be affordable, you should not be in left in a position where you need to re-borrow (either from the same company, or another) to pay off the debt.