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Redress?


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Hi, I was wondering if someone can help me decide if I have a claim for redress? I had 4 loans in total with CFO Lending (3 rollovers) at the same time I had multiple loans with other payday loan companies.

 

I have received a statement off CFO (copy attached). What is my next course of action?

 

Date Generated: 07/07/2016 Agreement No: Created Message Debit Credit Account Balance 20/07/2012 Principal £130.00 £130.00 20/07/2012 Interest £50.70 £180.70 31/07/2012 Deferrral Payment -£50.70 £130.00 31/07/2012 Deferral Interest £63.70 £193.70 14/08/2012 Interest Refund -£63.70 £130.00 14/08/2012 Proceeds to 2 -£130.00 £0.00

 

Agreement No: 2 Created Message Debit Credit Account Balance 14/08/2012 Principal £130.00 £130.00 14/08/2012 Further Funds £70.00 £200.00 14/08/2012 Interest £98.00 £298.00 31/08/2012 Late Fee £25.00 £323.00 03/09/2012 Deferral Payment -£98.00 £225.00 03/09/2012 Card Payment -£25.00 £200.00 03/09/2012 Deferral Interest £98.00 £298.00 05/09/2012 Payment -£98.00 £200.00 12/09/2012 Deferral Interest £98.00 £298.00 28/09/2012 Deferral Payment -£98.00 £200.00 28/09/2012 Deferral Interest £98.00 £298.00 03/10/2012 Interest Refund -£98.00 £200.00 03/10/2012 Proceeds to 3 -£200.00 £0.00

 

Agreement No: 3 Created Message Debit Credit Account Balance 03/10/2012 Principal £200.00 £200.00 03/10/2012 Further Funds £160.00 £360.00 03/10/2012 Interest £176.40 £536.40 31/10/2012 Deferral Payment -£176.40 £360.00 31/10/2012 Deferral Interest £176.40 £536.40 30/11/2012 Deferral Payment -£176.40 £360.00 30/11/2012 Deferral Interest £176.40 £536.40 31/12/2012 Deferral Payment -£176.40 £360.00 31/12/2012 Late Fee £25.00 £385.00 01/01/2013 Card Payment -£25.00 £360.00 02/01/2013 Deferral Interest £129.60 £489.60 31/01/2013 Late Fee £25.00 £514.60 04/02/2013 Card Payment -£25.00 £489.60 04/02/2013 Deferral Payment -£129.60 £360.00 05/02/2013 Deferral Interest £129.60 £489.60 13/02/2013 Interest Refund -£129.60 £360.00 13/02/2013 Proceeds to 4 -£360.00 £0.00

 

Agreement No: 4 Created Message Debit Credit Account Balance 13/02/2013 Principal £360.00 £360.00 13/02/2013 Further Funds £60.00 £420.00 13/02/2013 Interest £151.20 £571.20 28/02/2013 Deferral Payment -£151.20 £420.00 28/02/2013 Deferral Interest £151.20 £571.20 28/03/2013 Deferral Payment -£151.20 £420.00 28/03/2013 Deferral Interest £151.20 £571.20 30/04/2013 Deferral Payment -£151.20 £420.00 30/04/2013 Deferral Interest £151.20 £571.20 31/05/2013 Deferral Payment -£151.20 £420.00 31/05/2013 Deferral Interest £151.20 £571.20 28/06/2013 Card Payment -£98.80 £472.40 28/06/2013 Card Payment -£151.20 £321.20 28/06/2013 Card Payment -£50.00 £271.20 28/06/2013 Balance W/O -£271.20 £0.00

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Good Afternoon Jambo

 

Welcome back to CAG. So you dipped in with PDLs? Thats okay no judgement here.

 

So whats the deal with the situation. Do you ow them money at the moment?

Im not sure if you are aware but CFO have gone under... Well Sorta - http://www.cfolending.com/

 

Could you let me know and we can see how we can help.

 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

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