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mooney994

Payday Help? Irresponsible lending/Refund?

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Hi,

 

its taken me a while to finally come to terms with and finally admit defeat to the payday loans and debt I have aquired over the last few years.

 

I have a number of outstanding debts.

 

PiggyBank - 592

Safetynetcredit - 189

Wageday Advance - 140

Payday UK - 488

Satsuma - 64

Mr Lender and Vivus - Combined at 914 (sold on to MMF so unsure at the moment of the individual debts)

Natwest overdraft - 2,000

 

These were loans taken out from 2015-2016 and I have still not paid them off or made any real dent in what I owe due to very low monthly repayments that have been ongoing for years as I have never been able to afford to pay them back off.

 

This being due to an old gambling addiction and one loan was ususally made to pay of another (a lot of loans not up there that have been settled in that time).

 

This has obviously led to me having a really bad credit score yet within the last few months after the passing of my brother leading to being in work less = less money and a battle with depression and gambling again I have managed to loan from more lenders.

 

MyJar - 179

24/7 Moneybox - 151

H & T pawnbrokers - 304

Lendingstream - 544

Very catalogue - 399

 

I understand it is my own doing in attempting to get more loans but I'm sure (after reading some similar posts here) that these companies are to refuse such applications as my own?

 

I thought maybe there was something here for a potential irresonsible lending claim or something familar after having such debts for years or for what they were used for.

 

Any help in how I would go about this would be greatly appriciated, thankyou.

 

Update: The figures shown are the amount owed not lent.

 

And a lot of the debts have been passed on to debt collectors so I do not know how this will effect me, and I am sure that Vivus is no longer operating.

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IL complaint to every one of them.

 

pers i'd stop all payments too.

 

do you still bank with nasty pest...

 

if so get your income paid into a parachute account quickly


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Yes im with natwest,

 

How would I go about making a complaint I wouldn't even know where to start .

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get your income out of that NatWest account

stuff 'em

 

as for the PDL's

https://www.consumeractiongroup.co.uk/forum/showthread.php?472423-CAG-PDL-Reclaim-Guide-Indepth-Step-By-Step

to every one of 'em

pes id stop ALL payments

 

remember a DCA is NOT A BAILIFF

they have

ZERO LEGAL POWERS


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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If you have any questions about reclaims, please let us know and we can help.

We can tailor my help if you need it


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

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If you have any questions about reclaims, please let me know and i can help.

I can tailor my help if you need it

 

Hi thankyou for you help, I am struggling to come up with everything I should include in the email. Do I send this to anybody in specific or the companies complaints department?

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you don't ever email anyone

you WRITE.


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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you don't ever email anyone

you WRITE.

 

Hold on DX

 

It might be worth doing both - Send an email to the CEO of the group if unhappy & send a letter to their complaints team

That way you MAKE SURE it doesnt go amiss ^_^


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

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you need a paper trial.


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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you need a paper trial.

 

Most certainly

Keep a file for each company and reclaim..

Add emails and letters sent to each file


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

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Most certainly

Keep a file for each company and reclaim..

Add emails and letters sent to each file

 

Thanks guys

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Quick question.

 

If the loan has been sold to a debt collectors who am I hoping to receive any kind of reclaim or anything from? and who shall i be sending the letters too between the loan company or debt collectors?

 

Thanks.

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Another quick one, Vivus, one of my old lenders are essentially non operative now with no way of contacting them.

How would I go about this?

 

Also my Very catalogue account/ credit, is there any hope in reclaiming any of this?

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always best to use our search cag box in the top red toolbar 994

 

https://www.consumeractiongroup.co.uk/forum/showthread.php?455314-PDLs-Complaints-with-9-Lenders-60-loans-%A33000-written-off

 

if there were penalty charges on the very account then yes.

might well be PPI too


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Thanks for the fast responses guys you're a great help.

 

Can/ should I try to reclaim anything back from the loans thats I have managed to fully repay during a simialr time period?

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Hi guys,

 

Slight update,

 

Savy, h and t and lending stream believe no irresesponsible lending took place so are currently on the way to the ombudsman.

 

However I have received this from Mr Lender and would like a second opinion on whether this is a fair and acceptable offer or I should refer this too.

 

Thanks in advance. Here's the email.

 

Dear Mr Mooney,

 

After reviewing your account, we can confirm you have taken one loan with Mr Lender on the 18 March 2016 for £250.00. We can confirm we have only received payments of £32.00 towards this loan and your account has since been passed to a third party debt collection agency, Motormile Finance, (MMF).

 

Since receiving your your complaint, we have been in contact with MMF who have informed us, they have received a total of £10.00 towards your account and your outstanding balance stands at £405.50.

 

As a gesture of goodwill to resolve your complaint, we are willing to reduce your outstanding balance of £405.50 to £208.00 which can be repaid via an affordable monthly repayment plan. Upon acceptance of this offer you would only be repaying the capital amount borrowed and therefore no interest would have been charged.

 

As a further gesture of goodwill, once the outstanding balance has been repaid please inform us and we would be willing to remove any adverse information from your credit file.

 

Please note, as a lender this is the maximum we can offer to resolve your complaint as all consumers are required to repay the initial capital amount borrowed.

 

This is our full and final offer in the hope to resolving your complaint and we look forward to hearing from you by the 12 January 2018.

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did you have multiple loans elsewhere and a rubbish credit file at the time of taking the above out?


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Yes horrendous credit and at least 5/6 + other loans with other creditors amounting to a couple of thousand owed out.

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then IMHO they should not have allowed the loan so no reject the findings.

the whole IR remit is that they should not have loaned you the money at all.

 

dx


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Yeah that's what I was thinking, seemed like they were trying to get away with offering me the minimum.

 

Think I'll refer it. Thanks

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go for it

 

dx


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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