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neil6534

Another PDL Success Story - 247Moneybox Loose Again!

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I took out 16 loans with 247Moneybox over an 18month period starting back in 2011. All but one successully paid back, the last loan I defaulted on. Usual story, started out with 1 PDL then had to take out a new loan at the end of the month to cover shortfall then another loan with other PDL companies.

 

So I complained to 247 re the amount of loans provided and asked that all loan fees etc be refunded and the default loan to be cleared using monies from the refund.

 

They said nope, we were responsible lenders etc etc.

 

So off to FOS and FOS have upheld my complaint so am now expecting something like £1k of refunds after deduction of defaulted loan, plus all data for the loans removed from my credit files.

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I shall def be making a donation to CAG when the money comes in - I suspect 247 will want to escalate this with the Ombudsman

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Very good news :)


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