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Payday lender agreed to help me then took all my money leaving me unable to afford my rent, bills and food.

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A desperate borrower had her account emptied, leaving her unable to afford rent, bills and food, by a payday lender she had agreed a repayment plan with. The This is Money reader, who wants to remain anonymous, borrowed £900 from payday lender Quick Quid. But despite the lender agreeing a new repayment plan to help her out after she was left unable to work, it then took a large payment that cleared out her bank account and left her stranded.

 

Read more: http://www.dailymail.co.uk/money/cardsloans/article-2168712/QuickQuid-agreed-help-took-money.html#ixzz20B7mfYtg


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Dreadful story...and one which will result in this horrible company not being able to renew their licence....


PLEASE NOTE - I am not a legal expert, what is stated is my own opinion and from what I have learnt from this forum and my own experiences.

 

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Dreadful story...and one which will result in this horrible company not being able to renew their licence....

 

Unfortunatly almost every payday lender does this. Minicredit, toothfairy/speedcredit and quick quid are the worst for it.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

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