Hi,

Its been a while!

Quick quid is settled, just under £2,000 refunded. The FOS ruled in my favour.

I still have 3 currently being investigated by the FOS

Hey,

The below are now with the FOS

Lendingstream

Quick quiz

Uncle buck

Sunny

Satsuma have just asked for more information ! I am away in Spain at the moment. As soon as I am cl I will submit satsuma and piggyback to the FOS.

Right folks,

So far I have referred my complaint to the FOS for the following companies :

Lending Stream, Sunny and QuickQuid.

I reached an agreement with Peachy many weeks ago.

I am just waiting for a reply from:

Piggy bank (I doubt I will hear anything back, they emailed me once saying complaint has been received, and nothing more)

Satsuma

Uncle Buck

Mr Lender

On the 28th of this month, 8 weeks will have passed.

Hi All,

Its been a slow process, the 8 week period will be up soon, I have one agreed and settled complain with Peachy,

LS have made a offer but I declined and asked for it to be review with my terms,

QQ have point blank refused any wrong doing, So I will be forwarding it to the FOS.

Can anyone please help me, how do i go about raising it with the FOS? do I simple forward the emails to them? re-write a letter etc?

Thanks

Hello,

It is now June the 8th, My complaints submitted on may the 2nd, I have only have one settlement from peachy.

The other companies have not bothered to email me or make contact, How long shall I wait until I take it further?

Regards

Hi all,

Two months ago I was unable to pay my littlewoods monthly payment on time - I was 5 days late in paying.

This was due to me being sick and unable to work for a short period of time, delaying any wages coming in.

I contacted little woods to explain and they told me that its fine and just to pay it as soon as I can - They knew it would only be a few days late and said that I would not have to pay any extra charges and would not get a missed payment on my credit file due to the circumstances.

However, I now have a missed payment on my credit file relating to the above, What can I do, and how do I go about contacting them to remove it?

I have since settled my account in full with them.

Regards

Hi,

So peachy and I have come to an agreement and I have just accepted an offer (quite a jump from the original offer!) of the following :

As final resolution of the complaint and to ensure we reach an amicable agreement, we are prepared to refund £214.92 of interest paid on your last three loans and remove all entries made to your credit file, including the default notice as goodwill gesture. Kindly confirm your bank account number and sort-code, that we could process the refund.

_

So that is 1 down, 8 to go!

When all is done and dusted, I shall total up the final results of everything and made a good donation towards the forum for everyones help!

Hi,

Thanks for the reply, If I am to decline Peachys offer and refer it to the FO can the offer they made then be re-tracted?

Am I to make a counter offer before sending it to the FO?

Isn't a "gesture of goodwill" just admitting blame?

regards

Hi

Thanks, I have only just recently got around to filing the complaints, I have been really busy!

I have also had quick quid reply, asking for:

1) Bank statements (which I can provide)

2) Pay slips from the times I have had a loan with them (which I cant provide - but payment in from my employer shows up in the bank statements)

3) Any additional information relating to my financial circumstances at the time I have held loads with QQ - What do they mean by this?

Here is the reply from peachy :

____

Dear XXXX

Thank you for contacting Peachy!

We are sorry to hear that you have not been satisfied with our service and have raised a complaint regarding affordability assessments made on your account.

We have investigated your complaint competently, diligently and impartially. We have assessed the subject matter of the complaint and would now like to provide you with our response and decision on it.

Firstly we would like to bring out that in total you have had 7 loans from us. These loans were issued to you between 28/07/2014 and 16/10/2015. Before issuing your first loan we also called you to make sure we have your correct payday information and banking details in the system and to confirm that all the repayment dates fall on suitable dates for you.

We also would like to point out that after you repaid all the loans with us, we have never issued any further credit to you although you have tried to apply with us in two more occasions and this attempts are recorded on our system and can be presented to the Financial Ombudsman as evidence if requested.

We kindly advise that all your seven loan agreements were paid back on time, in fact most of them were repaid before the original due date, therefore the daily interest was deducted from the amount and you paid us less than the original contractual amount agreed. We can also confirm that you have not extended any of your loan agreements with us and was never advised to do so either.

We can assure you that as creditors, we abide by our statutory obligation under the Consumer Credit Act 1974 to undertake a sound, proper and appropriate assessment of creditworthiness to assess the borrower's ability to afford the proposed credit commitment. In addition to assessing creditworthiness, we always undertake an adequate assessment of affordability. The affordability check is based on information, obtained from the borrower and from a Credit Reference Agency. The affordability assessment is also based on the borrower’s financial position as a whole and takes account of information that we are aware of at the time the credit is granted.

As creditors, we employ the use of a variety of types and sources of information to assess affordability which include some or all of the following examples:

information about income [£2450.00]

a credit score

a credit report from a credit reference agency

information obtained from the borrower, whether on an application form or separately.

We would like to point out that the OFT (whose rules and guidances are now under the FCA) does not consider that the creditor could be held culpable under circumstances in which it made a reasonable request for information from the borrower, in order to inform its assessment of affordability, and the information provided by the borrower was substantively incorrect/untrue and the creditor was not aware of this.

We would like to remind you that by signing the Credit Agreement, you confirmed that you are not:

a) in a Debt Management Plan (or similar scheme) or considering entering a Debt Management Plan (or similar scheme);

b) in an I.V.A or are considering entering into an I.V.A.;

c) bankrupt or considering filing for bankruptcy;

d) under notice of termination of employment, redundancy or any other notice which could affect my employment status;

e) in receipt of Statutory Sick Pay or suffering from any medical condition which would cause me to apply for Statutory Sick Pay during the period of the loan;

f) in receipt of any benefits instead of my usual wages, salary or other income declared in my application.

We kindly advise that before getting loans with us, you filled in an income/expenditure form, in which you confirmed that your monthly income stands at £2450.00 and your total monthly expenditures equal £250.00. Therefore, based on the information you have provided, you should have had more than enough funds to afford loan repayments with us.

We also took account of your employment conditions and job stability. For example, when you took out the loan you confirmed to be full-time employed as XXXXX and had been working there for a substantial period of time (6 years or more). In addition, you provided us with the information about your financial commitments including any repayments due in respect of mortgage contracts, council tax, electricity, gas, telecommunications, water and other major outgoings and we were also aware that you were single living with your parents and therefore did not have any expenses in this regards.

In case the provided information was incorrect, then you would be responsible for providing us with false information, therefore making it impossible for us to ensure your affordability in any other way.

The process of assessing affordability is assisted by all of your creditors registering accurate data with Credit Reference Agencies, in a timely manner, about the performance of an account and/or settlement of outstanding debts/arrears.

We would advise you to contact Call Credit UK to check if all of your creditors have reported accurate information on your Credit File to make sure that when you make a loan application, the information received from the Credit Reference Agencies is correct.

When you took out the loan, the credit information received about your account, did not suggest that you are experiencing financial difficulties or might not be able to afford the loan repayment. If the information you provided was incorrect or the information your creditors reported on your Credit File was incorrect or insufficient or if you have any questions as to how the credit score is made up, please contact Call Credit UK.

The FCA has also encouraged borrowers to always undertake their own assessment of affordability concurrent with that undertaken by the creditor.

Please note that we lend out short term loans to you and our customers in good faith and therefore, we expect full repayment on the due date. If you have any problems in paying back the loan, it is important that you contact us immediately, and preferable in advance and before the due date. Please note that you have never contacted us to inform about any change in your financial circumstances or to arrange any alternative repayment options with us. We always aim to consider cases of financial difficulty sympathetically and treat our customers in default or difficulties with understanding, forbearance and due consideration.

We have done everything from our side to ensure you have all the necessary information prior to applying for a loan, it is your responsibility to read through the information we provide you with. You have also signed and agreed to the Standard European Consumer Credit Information document, which explained thoroughly about the product and that it is meant for short term lending purposes only.

We can assure you that we conduct our business in compliance with all relevant legislation, regulations, regulatory guidance and requirements and we can justify our practices and procedures used in assessing affordability in the event of a regulatory challenge.

Unfortunately, based on the above, we are not able to uphold your complaint as we are confident we carried out sufficient checks. However to resolve the complaint in an early stage with us, we are willing to refund £88.00 of interest paid on your last two loans as a gesture of goodwill and remove all entries made to your credit file. Kindly confirm your bank account number and sort-code, that we could process the refund.

We hope this will suffice to rectify the situation, kindly confirm if you would like to accept our offer as the full and final settlement of the complaint and that your complaint has been resolved to your satisfaction. In case you remain dissatisfied with our offer, you are welcome to come back to us and we will be happy to have a second look at your complaint.

This has been our final response. If this is not satisfactory to you then you have the right to refer your complaint to the Financial Ombudsman Service, free of charge – but you must do so within six months of the date of this letter.

If you do not refer your complaint in time, the Ombudsman will not have our permission to consider your complaint and so will only be able to do so in very limited circumstances. For example, if the Ombudsman believes that the delay was as a result of exceptional

circumstances.

You may contact them on the following details:

The Financial Ombudsman Service

South Quay Plaza

183 Marsh Wall

London E14 9SR

Website: http://www.financial-ombudsman.org.uk

Consumer helpline:

0800 0234 567 (calls to this number are normally free for people ringing from a "fixed line" phone – but charges may apply if you call from a mobile phone)

0300 123 9123 (calls to this number are charged at the same rate as 01 or 02 numbers on mobile phone tariffs)

E-mail: [email protected]

Switchboard: 020 7964 1000

Fax: 020 7964 1001

http://www.financial-ombudsman.org.uk/publications/consumer-leaflet.htm

_

Any advice on where to go next with QQs questions and Peachys response?

Total interest paid to peachy was £441

Hello,

I have had a reply from peachy denying any wrong doing but have made an offer as a "gesture of goodwill" - Can you offer some advise please?

Am I safe to upload the email they sent me?

Regards

Hello

Sorry I have been away and only just getting around to this.

Once again thank you

When I send the complaint what other stages are there to do at the same time? Do I send it to the FCA as well? What do I need to do to contact the FCA?

Regards

Hey, No problem thank you

I really appreciate your time and effort

Hey,

Forum won't let me upload so please find them here:

https://www.scribd.com/document/340324569/Workbook1

https://www.scribd.com/document/340324571/Work-Book-Date-Order

Many thanks

Hello,

I have all the information I believe it Need, all My PDL loans in date order, amount taken out, amount repaid.

I have them in two spreadsheets, one for each PDL company in date order, and one with all PDL combined in date order.

Can you please point me in the direction on where to go next?

Regards

Thanks

I have gone about it a different way, I downloaded every single bank statement I have since 2011 and worked my way through it for all PDE loans

I have also gone them them all on my computer searching the PDF and managed to get all of the PDE loans in order and exactly how much has been paid back and when, I am in the middle of doing the same for PDUK, and will do for the rest of the lenders that won't have give me the information, this time tomorrow everything single loan I have every had from Payday firms and 118 will be in a spread sheet.

Is it worth me having my santander loans document too? even though no complaint will be made against them, but its more fuel to as to why the PD companies lent irresponsibly I'm sure?

-

Been in contact with PaydayUK and PaydayExpress today, Both have point blank refused to give me my statement of accounts. I thought everyone is entitled to the right of a Free statement of accounts?

Is my only next step submitting a SAR?

Thank you,

Yes I have a few spreadsheets, one with all the lenders separately in date order, and other of them all together again in date order.

When the spreadsheet is complete with all the information I will post it onto the forum,

I have replied to PDE and PDUK (same company by any chance) asking again for my statement of accounts. IF not I will send them a SAR as advised, hopefully they comply and stop being awkward and the spreadsheet should be completed by next week ready to go to war!

regards

Total amount taken out : £23,495 (still another 6 to be added to the list - I am expecting satsuma to be a biggey swell as 118118 money, I think its safe to easily add another £5,000+ to this figure. I will have exact figures soon)

Total interest paid from the list above : £5,022. + whatever else is left to come

Just a quick update here on how I am progressing :

Please see the spreadsheet below, I do have all the loan ref numbers but am removing them as this is a public forum.

Anything else anyone can suggest I do?

PEACHY AMOUNT DATE INTEREST REPAID Interest per day %

PEACHY £300.00 28/07/2014 £54.00

PEACHY £450.00 15/08/2014 £76.50

PEACHY £400.00 09/01/2015 £44.80

PEACHY £400.00 30/01/2015 £51.20

PEACHY £400.00 08/08/2015 £126.92

PEACHY £500.00 07/10/2015 £32.00

PEACHY £500.00 16/10/2015 £56.00

£2950.00 Total interest paid £441.42

QUICKQUID principle amount date repaid date Interest repaid

QUICKQUID 400 25/07/2013 27/07/2013 £6.67

QUICKQUID 50 + 400 11/04/2015 15/06/2015 £168.00

QUICKQUID £700.00 18/06/2015 08/07/2015 £151.20

QUICKQUID £750.00 27/07/2015 01/08/2015 £138.00

QUICKQUID £350.00 04/08/2015 08/08/2015 £11.20

QUICKQUID £100.00 12/09/2015 23/09/2015 £12.40

QUICKQUID £700 + £400 26/09/2015 31/10/2015 £301.00

QUICKQUID £500.00 29/12/2015 29/12/2015 £0.00

QUICKQUID £1000.00 04/01/2016 06/01/2016 £16.00

QUICKQUID £1000.00 21/01/2016 15/04/2016 £680.00

QUICKQUID £1250.00 21/04/2016 15/07/2016 £346.00

QUICKQUID £150.00 03/10/2016 14/10/2016 £13.20

QUICKQUID £150.00 07/08/2016 15/09/2016 £46.80

QUICKQUID £300+£100 26/10/2016 13/01/2017 £196.00

QUICKQUID £100.00 06/02/2017 BALANCE £192.00

Total interest: £2086.47

SUNNY Amount Date taking out repaid date Number of days between Interest per day Amount interest paid

SUNNY £275.00 03/06/2014 18/02/2015 260 0.8% £572.00

SUNNY £250.00 21/08/2015 12/09/2015 22 0.35% £19.14

SUNNY £500.00 08/01/2016 09/01/2016 1 0.35% £1.75

SUNNY £500.00 11/01/2016 14/01/2016 3 0.35% £5.25

SUNNY £500.00 20/01/2016 14/02/2016 25 0.35% £43.75

SUNNY £200.00 08/05/2016 12/05/2016 3 0.35% £2.10

SUNNY £200.00 29/05/2016 14/07/2016 46 0.35% £32.20

TOTAL INTEREST £676.19

LENDING STREAM Amount Date taking out date repaid Number of days between Interest rate per day Amount interest paid

LendingStream £500.00 July 4, 2016 July 5, 2016, 1 0.8% £4.00

LendingStream £200.00 Jan. 15, 2017 Jan. 18, 2017, 3 0.8% £4.80

LendingStream £70.00 July 1, 2014 July 15, 2014, 14 0.8% £7.84

LendingStream £520.00 Oct. 10, 2015 Oct. 31, 2015, 21 0.8% £87.00

LendingStream £70.00 Dec. 1, 2016 Jan. 13, 2017, 43 0.8% £24.08

LendingStream £250.00 April 29, 2016 May 12, 2016, 13 0.8% £26.00

LendingStream £400.00 Nov. 30, 2015 Dec. 29, 2015, 29 0.8% £92.80

LendingStream £130.00 July 3, 2014 July 15, 2014, 12 0.8% £12.48

LendingStream £250.00 June 2, 2016 June 19, 2016, 17 0.8% £34.00

LendingStream £100.00 July 8, 2016 Aug. 15, 2016, 38 0.8% £30.40

LendingStream £150.00 Aug. 28, 2016 Oct. 14, 2016, 17 0.8% £20.40

LendingStream £750.00 April 29, 2014 Sept. 3, 2014, 127 0.8% £762.00

LendingStream £50.00 July 11, 2014 July 15, 2014, 4 0.8% £1.60

LendingStream £630.00 Jan. 7, 2016 Jan. 10, 2016, 3 0.8% £15.08

TOTAL INTEREST £1122.48

PiggyBank AMOUNT DATE TAKEN REPAID DATE Interest repaid

PiggyBank £260.00 12/10/2015 15/10/2015 £6.24

PiggyBank £400.00 17/10/2015 31/10/2015 £44.80

PiggyBank £500.00 11/01/2016 14/01/2016 £12.00

PiggyBank £500.00 21/01/2016 30/01/2016 £36.00

PiggyBank £600.00 01/02/2016 14/02/2016 £62.40

PiggyBank £100.00 19/02/2016 14/03/2016 £19.20

PiggyBank £350.00 22/03/2016 21/4/16 £81.30

PiggyBank £180.00 21/07/2016 10/08/2016 £28.80

PiggyBank £460.00 11/10/2016 14/10/2016 £11.04

TOTAL INTEREST £301.78

MYJAR AMOUNT DATE TAKEN date repaid Interest repaid

MyJar £100.00 10/10/2015 15/10/2015 £4.00

MyJar £125.00 16/10/2015 19/10/2015 £3.00

MyJar £150.00 22/10/2015 31/10/15 £10.80

MyJar £100.00 09/11/20165 13/11/2015 £3.20

MyJar £500.00 09/01/2016 10/01/2016 £0.00

TOTAL INTEREST £21.00

UncleBuck AMOUNT DATE TAKEN date repaid Interest repaid

UncleBuck £75.00 28/07/2014 15/08/2014 £26.21

UncleBuck £400.00 20/08/2014 02/09/2014 £139.80

UncleBuck £250.00 09/06/2016 15/08/2016 £142.54

TOTAL INTEREST £308.55

PixieLoans £150.00 30/10/2015 31/10/2015 £1.20

PixieLoans £350.00 14/10/2015 15/10/2015 £2.80

MR Lender £500.00 26/08/2015 02/09/2015 £63.00

PAYDAYEXPRESS WONT SUPPLY INFO WONT SUPPLY INFO WONT SUPPLY INFO WONT SUPPLY INFO WONT SUPPLY INFO

PAYDAYUK WONT SUPPLY INFO WONT SUPPLY INFO WONT SUPPLY INFO WONT SUPPLY INFO WONT SUPPLY INFO

SATSUMA WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY

Wagedayadvance WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY

WIZZCASH WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY

118118 WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY WAITING ON REPLY

Going well so far, most seem to be complying in sending me my statement of accounts, or I can find them on the PDL log-in areas.

Only one so far I am having problems with are Paydayexpress , I asked for a statement of accounts and got this back :

"Many thanks for your email, we apologise for the delay.

This account currently has no sums due or payable. Therefore, we have no current obligation to provide a statement of account under Section 77 of the Consumer Credit Act as per Subsection (3) of Section 77 which states that the requirement under Subsection (1) does not apply to – (a) an agreement under which no sum is, or will or may become payable by the debtor….”

If you have any further queries please do not hesitate to contact the office on the number below

Our office is open 8am to 7pm, Monday to Friday, and 9am to 4pm on Saturdays.**

Kind Regards

Customer Care Team

Payday Express

PO Box 255

Bicester

Oxfordshire

OX26 4ZY

T: 0800 652 4661^

F: 0203 236 0211 "

Now, how do I respond to this?

I have only ever had two possibly three small amounts from paydayexpress before, with very minimal interest, I'm talking tens more than hundreds, Is this worth pursuing in getting my statements

regards

Hello,

Thank you for the reply

Does a DSAR request have to be done via postal letter or can this be done via email?

Regards

Edit : will a DSAR include all my loans. Dates. Payments and actual interest paid per loan?

Today I have complied a list of a few of the PDL companies that I have had loans off in the past from records that I can get online,

I have emailed the rest asking for a full statement of accounts.

Small problem is working out exactly how much interest I have paid, as for example quick quid says on one particular loan I have paid (FOR EXAMPLE ONLY) £50 interest then I click a link on the same loan and it tells me I have paid £170 interest with dates of when I paid.

Is this something I need to worry about working out at this stage, or will a detailed list of loan ref numbers, dates and amounts for each and every loan and PDL company suffice

regards

Hi,

Sorry

my payday loans for gambling are from 2014-2017 so pretty much covers them all, Not all are directly for gambling, but have only been taking out due to gambling, a good 80% of the payday loans have been taken out to then gamble with.

Over the next week I will try to get hold of the other lenders by phone and ask them to send me a full statement report of my borrowing from my first loan to the last, along with loan reference numbers etc.

Its more a case of I just want any that have been lent wrongly to be removed from my credit file as that has hampered me big time, Even though I know this probably won't happen.

Thank you so much for your time, I will be donating whatever the outcome of this, I have seen you take your time out to help a lot of people (from searches) and the guide you made is very handy

regards

Does anybody think I have a case here, Will it be worth my time in doing it or should I just write it off

I would also use winnings to pay back lenders, and then re-start the cycle