Hi,

Seems like a lifetime ago now,

but for many years I was a compulsive gambler.

I funded this mainly through pay day loans and credit cards.

RE:Payday loans

I got into the trap of borrowing from one lender to pay the other,

at the time I was either unemployed or low paid.

In each case of borrowing,

it was unlikely i was ever going to be able to pay the debt back

- a simple credit check would have shown this and i had many defaults against me.

After hitting rock bottom

- fast forward 5 years i have turned my life around,

paid back most of my debts and saved some money and have a decent paying job.

The couple of PDL lenders who didn't push me hard for the money at the time i decided to not pay back

- I had particular anger against their lending practices.

However, one now is pushing hard for payment.

Originally taken out with Payday UK,

I believe they have sold the debt on to somebody called Prac who have hired BW Legal to reclaim the debt.

I ignored their usual threats - but I went on holiday recently and on my return i got a letter from them saying if i don't respond by 1st of July they will take me to the county court.

The heading of the letter was letter of claim.

Now the deadline has gone.

I am aware of the PDL guide here but i have a few questions as to what my options are.

1). Is it too late to take the action stated in the guide since the deadline for response has passed?

2) Is the letter of claim the real last action and last chance i have to respond before attending a court? or is this another threat?

3) Can i still make a claim for irresponsible lending given the fact that these debts were taken out before the changes were made by the FCA? and given the fact that i am in a position now to pay it back?

Any help appreciated?

Hi,

 

Seems like a lifetime ago now,

but for many years I was a compulsive gambler.

 

I funded this mainly through pay day loans and credit cards.

 

RE:Payday loans

I got into the trap of borrowing from one lender to pay the other,

at the time I was either unemployed or low paid.

 

In each case of borrowing,

it was unlikely i was ever going to be able to pay the debt back

- a simple credit check would have shown this and i had many defaults against me.

 

After hitting rock bottom

- fast forward 5 years i have turned my life around,

paid back most of my debts and saved some money and have a decent paying job.

 

The couple of PDL lenders who didn't push me hard for the money at the time i decided to not pay back

- I had particular anger against their lending practices.

 

However, one now is pushing hard for payment.

 

Originally taken out with Payday UK,

I believe they have sold the debt on to somebody called Prac who have hired BW Legal to reclaim the debt.

 

I ignored their usual threats - but I went on holiday recently and on my return i got a letter from them saying if i don't respond by 1st of July they will take me to the county court.

 

The heading of the letter was letter of claim.

 

Now the deadline has gone.

 

I am aware of the PDL guide here but i have a few questions as to what my options are.

 

1). Is it too late to take the action stated in the guide since the deadline for response has passed? - no do it now!

2) Is the letter of claim the real last action and last chance i have to respond before attending a court? or is this another threat? - no respond now

 

3) Can i still make a claim for irresponsible lending given the fact that these debts were taken out before the changes were made by the FCA?

and given the fact that i am in a position now to pay it back? - yes start an IRL claim

Any help appreciated?

as above

Hi just wanted to make sure which post you are referring to and the proposed action because i am now top of the thread,

Do you mean to submit cca request?

redtext post 2

forum had a hiccup...

dx

Can i just double check you are yet to receive a claim form and this is just Broken Whiney Legal sending a LOC?