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SabreSheep

Finance facility dont get stung

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Ok.

 

Long story short. Housemate with Bad credit who was on benefits at the time applied for a loan with the above.

 

No mention of the fee of 79.99 except in small print. Nor mentioned in phone call when card details exchanged.

 

After being stung he did a chargeback but this was reversed causing 2 informal overdraft requests.

 

Banks reason is that he authorised transaction.

 

Ive taken a look and as long as he does not take a loan out he can get 74.99 back in 6 months via their refund policy.

 

A warning on another site is here

http://forums.moneysavingexpert.com/showthread.php?t=4172411

 

So be aware of this [problem]. AVOID

Also report to watchdog if you have been a victim. This affects 100.s of vulnerable people and should be closed down!!


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The SabreSheep, All information is offered on good faith and based on mine and others experiences. I am not a qualified legal professional and you should always seek legal advice if you are unsure of your position.

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