Jump to content

warnerman

Registered Users

Change your profile picture
  • Content Count

    29
  • Joined

  • Last visited

Community Reputation

1 Neutral

About warnerman

  • Rank
    Basic Account Holder
  1. I think people need to remember that not being able to pay back your loan doesn't automatically entitle you to get your*interest*back or for your debt to be written off. the story in the news is more so about that based on the information at the time of taking the loan that it should have been obvious that it wasnt affordable for many reasons such as not enough income for the amount borrowed or a bad credit history that shows unlikely to pay back or is already struggling with debts. if your circumstances changed after you took out the loan like change of job, became ill or became wreckless or
  2. I think people need to remember that not being able to pay back your loan doesn't automatically entitle you to get your interest back or for your debt to be written off. the story in the news is more so about that based on the information at the time of taking the loan that it should have been obvious that it wasnt affordable for many reasons such as not enough income for the amount borrowed or a bad credit history that shows unlikely to pay back or is already struggling with debts. if your circumstances changed after you took out the loan like chang
  3. actually ive just logged in on my Wonga account and seen they are letting me have a huge loan nearly every month and including the interest on what to pay back according to what I put into their site the payment taken off my monthly income would leave me only £200 a month to pay all my bills etc... so can blatently see why they have probably said im one of the affected customers - which would mean most of the loans would be the same and not just my current one, howver im about to start seriously struggle so the timing of this couldn't be better for me, however I feel for all the others who ar
  4. they have kinda sent an email out but is a bit vague as I have had many loans from them since last year and when I took out my 1st loan I had 2 CCJ's which were over 5 years old, they have now disappeared but I still have 1 small bad mark on my record from 5+ years ago and is due off next month but all my recent credit I haven't missed a single payment but as my post above shows I am one of the affected customers. so are they saying all my loans shouldn't have happened or just 1 of them ? they are still saying I will pay them back but without interest, however if they owe me back all the oth
  5. You may have already read or heard in the news recently an announcement on 2nd October from the Financial Conduct Authority (FCA) regarding changes to our lending criteria.* We can confirm that you have been affected.* The changes mean that we have new ways of testing whether customers can afford the loan they want to take out - these are called affordability criteria. Your recent loan would not have met the new criteria.* What happens next* This will depend on the status of your loan. Please see the relevant section below which applies to you:If you have not yet reached yo
  6. You may have already read or heard in the news recently an announcement on 2nd October from the Financial Conduct Authority (FCA) regarding changes to our lending criteria.* We can confirm that you have been affected.* The changes mean that we have new ways of testing whether customers can afford the loan they want to take out - these are called affordability criteria. Your recent loan would not have met the new criteria.* What happens next* This will depend on the status of your loan. Please see the relevant section below which applies to you:If you have not yet reached yo
  7. I had an email late today about 7ish saying I was affected, however im not in any arrears with them but I am starting to find it tough and kinda relieved as I wasnt looking forward to when I have to pay them next as I been borrowing 1000 at a time and having to repay like 1380 in total every time which then pushed me to get other payday loans. the problem isnt the loans but the interest they are charging as it started with a 400 loan which I thought would be 3 days and didnt mind paying the 20ish for the few days but then things happen that mean you are later paying it and that small cost mul
  8. any advice anyone as today is the last day ??
  9. will be interesting to see what happens
  10. just a quick thought, surely if paid by card and they later take another payment - I could have them done for fraud as they would have used the card without permission and at that data protection act for them keeping the details ?
  11. well it does say they will change the balance to zero and basically that would mean they close it off their system doesnt it ? they prob paid like £500 each for these accounts if not not less so they are still making money i would guess, it also says they will send me a formalconfirmation letter of a zero balance and will update my credit file to reflect that - surely if they sold it on i could sue them for data breach etc... ?
  12. yeah but problem is i kinda want to take up the offers and they expire on friday so havent got time for that
×
×
  • Create New...