Provident Personal Credit loans written off.... Ireland

[Hacked_Off]

http://www.independent.ie/business/personal-finance/latest-news/100000-borrowers-in-line-for-loan-writeoffs-after-illegal-loan-case-31304738.html

[goodatresearch]

I not quite sure what this means, I've taken a case to FOS for a family member re 2 provident loans, The issue being she had never received annual statements. FOS has found in their favour as Provident had provided a very dubious sheet of paper saying its their system records ( in fact anyone could have typed it up and called it "evidence" and it certainly wasn't present with the SAR).

 

Anyway the second loan was taken out before the 1st one was paid off, indeed only after a few reyayments. Would that count on its own?

[jessicasdad100]

just started a claim for irresponsible lending with provident. I am sure that we rolled over loans by paying the last bit of existing loans and taking out further or bigger loans. Does the ruling mentioned in the thread about Ireland count in the UK?

[citizenB]

just started a claim for irresponsible lending with provident. I am sure that we rolled over loans by paying the last bit of existing loans and taking out further or bigger loans. Does the ruling mentioned in the thread about Ireland count in the UK?

 

I think in this instance it would be persuasive rather than a precedent. However, I will ask for you.

[citizenB]

It would appear that no reference to England or Wales can be found in respect of this Judgment - however, no harm will be done by referring to it

[jessicasdad100]

Thanks. I'll see what their reply is. Useful bit of information though.