PDL DEBTS - not able to pay everyone now...

[Bazooka Boo]

You're jumping way ahead of yourself.

 

They DON'T need to know anything other than you are having financial difficulties, and as such, you want them to stop interest and charges, and pay them what you're able.

 

You're TELLING them, NOT asking them.

 

Get the letters off to them first.

 

Wait for their response, if you do indeed get one, and see what, if anything, they are prepared to do to help you.

[dx100uk]

If its gambling and you had numerous pdl's dunning and bad credit or lots of pdl on you file already

Then a successful IR claim will wipe the debt out and totally remove in from your file and get what you paid already returned....hint best route

[wiosna30]

Hello,

I read the Payday Loan Reclaim Guide and I don’t know what to do now, it’s so hard.

 

I am not sure if I can claim, I was never lowering my income, I was always telling them that I have 3600 where the true is that to my account each Month is coming between 4000 – 4800.

 

Secondly – to get the loan I was lying about monthly payments to creditors – I was saying that between 600 – 700 a Month – completely wrong, much much more

 

Another – I am contractor on daily rate (working every day for my company over 10 years: First 7 – full time employee. After - last 3 – as a contractor) - I have limited company, but applying for a Loan I was choosing option full time employee, but they never asked me for payslip or bank statement.

 

In this scenario – can I start my claims ? or just begging them to give me a time to pay this off 

[fkofilee]

I will come back you later on this...

[wiosna30]

please and thank you

[dx100uk]

IMHO start the claims now

And send the offer letters off too

[wiosna30]

I don’t have any idea regarding the offers,

my Formal Complaint Regarding Irresponsible Lending letter should have offer to pay monthly only capital - not fees and interest, let’s say 50.00/ Month?

 

Or maybe should I send two letters, first Formal…

and after second one with offer. I am confused

 

I want to start claim from my Jar but I am not sure if I can.

 

I had first loan 600.00 from 13.05.2017 and I paid earlier in full on the 28.06.2017, week after I took new one 1,100.00 (which I am still paying) - they did search on my Credit File.

 

I had already at least 5 or 7 with the others and all searches are there and all loans as well. Is this qualify to Irresponsible Lending?

 

Should I mention on my letter that they didn’t ask me to provide my payslips and Bank Statements, where is so clear that I was gambling?

 

Should I attached my Bank statements and highlight loans and Gambling when sending the letter?

 

And Finally – what Can I ask ? – I have outstanding with them 3 payments x 328.00 = 984.00 (from 1,100 borrowed on 06.07.2017) – to write off everything or just interest

 

I can’t afford to pay it anyway – money left from salary 1,500.00 and Loans/ credit cards in total around 4000

 

Sorry for so many questions

[dx100uk]

Get on with it

 

A lender should not be lending you more money because you can't pay, esp when from your credit file at the time you already had numerous loans/debts..or defaults..

[wiosna30]

Formal Complaint Regarding Irresponsible Lending.pdfCan someone read my complain and tell me if make sense please

[wiosna30]

I never sent anything like this so can someone tell me how this look - thank you (my previous post)

[fkofilee]

I was using these loans to pay off other loans to **Companies**

 

Replace companies with other firms you were paying. Great first go need to make a bit more impactful me thinks.

 

But I am also aware that under these loans, the actual product

being offered changed from a pay day loan to a revolving credit facility

 

Remove this as well - not applicable here.

[wiosna30]

sorry but what you mean "more impactful"? what shouls I add?

[fkofilee]

sorry but what you mean "more impactful"? what shouls I add?

 

Well its a little bit of a mess - You need to instead of just using the template and adding bits you need to add your own.

Organise it a bit more... Set out like this.

 

- Why are you contacting them?

- Explain the issue you are facing them & any steps you have taken to resolve.

- Provide evidence if required

- Set your expectations on what you want them to do

 

Those sorts of things. English may not be your first language but imagine writing a letter in your native language about a complaint. How would you do it?

If you make it more organised then it shows them you wont be messed around

[wiosna30]

Many thanks - i will try to change something

[wiosna30]

Hello,

 

I have first respond from Mr Lender

"Thank you for your email.

 

Please accept this response as acknowledgement of your complaint.

 

As you have made us aware you are dissatisfied with the service we have provided, we can confirm that we will be conducting a thorough investigation into your concerns. This process can take up to eight weeks depending on the nature of your complaint. Once we have completed our investigation, we will be in contact to explain the outcome. "

 

 

means I have to wait but as well hold on payments? Am i wright?

 

 

NEXT - isn’t better request new debit card from my Bank than send 11 CCPA requests?

[dx100uk]

you don't send CPA request

simply ring your bank on their phone banking line and cancel ALL CPA's to whomever you state.

the MUST comply

under FCA rules

[wiosna30]

ok, I will do but should I sent another email to Mr lender asking to freeze all fees and others charges because respond in 8 weeks will leave me with arrears?

[dx100uk]

Send with the IR complaint if you wish

But if the IR is successful they will be wiped anyway

Adin fees etc are unlawful

[dx100uk]

Hello,

 

NEXT - isn’t better request new debit card from my Bank than send 11 CCPA requests?

No old wives tale

 

Cancelling a debit card doesn't cancel any CPA's that were setup using its number

 

Dx

[fkofilee]

DX is correct - You will need to cancel CPA with the banks directly.

 

In response to post 32 -

 

I don’t have any idea regarding the offers,

my Formal Complaint Regarding Irresponsible Lending letter should have offer to pay monthly only capital - not fees and interest, let’s say 50.00/ Month? - You tell them how much you can afford if it comes down to it.

 

Or maybe should I send two letters, first Formal…

and after second one with offer. I am confused - Just one - a complaint letter to open up dialog

 

I want to start claim from my Jar but I am not sure if I can. - Yes you can - you are entitled to complain at any point

 

I had first loan 600.00 from 13.05.2017 and I paid earlier in full on the 28.06.2017, week after I took new one 1,100.00 (which I am still paying) - they did search on my Credit File.

 

I had already at least 5 or 7 with the others and all searches are there and all loans as well. Is this qualify to Irresponsible Lending? YES!!

 

Should I mention on my letter that they didn’t ask me to provide my payslips and Bank Statements, where is so clear that I was gambling? - YES!

 

Should I attached my Bank statements and highlight loans and Gambling when sending the letter? Up to you. Just keep them scanned and documented in cased of sending to them

 

And Finally – what Can I ask ? – I have outstanding with them 3 payments x 328.00 = 984.00 (from 1,100 borrowed on 06.07.2017) – to write off everything or just interest - (You dont decide how much they write off to begin with - They must be shown to be helping you out. HCSTC is extremely risky in it own right and people in arrears are expected to be helped a lot by these companies - Part of the market they are in - They expect these loans to have some of a default rate)

 

I can’t afford to pay it anyway – money left from salary 1,500.00 and Loans/ credit cards in total around 4000 - Regardless - Time to act and be patient.

 

Mr Lender will have the ability to make amendments to their system accordingly - Remember its their system that they have full control over

[wiosna30]

Hello Guys,

 

I sent all letters and attachments( Bank statements showing clear gambling signs plus budget) and I have to wait .

 

I had already a few emails back that they have my complains and I will hear something depends from Company in the next 3, 5 working days or a few weeks.

 

My Credit files are already very poor (I was excellent last year doing re-mortgage) and affected

 

I won’t pay anything until I hear something from them regarding solution what’s mean I will have so many defaults and unpaid instalments.

 

I will need to do re mortgage in the next 14 Months and I don’t know if Bank will still see my defaults after 16 Months and will take it into consideration .

Can you please let me know?

[dx100uk]

Won't touch you with a barge pole

[wiosna30]

Hello,

I am receiving emails with confirmations that they have my queries and with cases numbers but are they going to chase me for outstanding payments sending emails, letters, phone calls after the 1st when they won’t get mu Monthly instalments?

[dx100uk]

doesn't matter let them wave their arms.

dx

[Bazooka Boo]

Did they tell you that in writing?