Jump to content


steuts1

MMF/Moriarty Law - old WDA PDL

style="text-align:center;"> Please note that this topic has not had any new posts for the last 669 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

I had a letter from Moriarty saying they were acting on behalf of MMF who had *bought* a debt from WDA in 2012.

 

I told them I had made a complaint to FOS re WDA and was waiting an outcome, which I had.

 

Yesterday,

I got home to 2 letters one from WDA who said that since some of the payday loans were from 2008-2011 they could not look at the interest and charges on them but did offer a payment of in total £382 as final settlement,

 

which brings me to the 2nd letter from Moriarty who now say they have been in discussion with MMF and they are willing to take a payment of .. yep, £382 to settle the debt from 09/12.

 

They have never registered this debt on any credit files and I know they cant know as its out of the timescale.

Do you have any suggestions,

 

if I take the settlement from WDA will I have to pay it straight to Moriarty,

surely this proves they are all in cahoots as if we didn't know already.

 

Does anyone have any advice for me please.

 

Thanks

Share this post


Link to post
Share on other sites

is this the same debt that's been refunded?

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

Share this post


Link to post
Share on other sites

Some of it is.

The original letter from Moriarty that said they were working on behalf of MMF, and said total owing was £988 from a WDA payday loan taken out in Sept 12, which was originally £565 !!.

 

When WDA sent me a reply and also its final response over irresponsible lending,

in the letter it said,

in all I had taken out 12 loans with them,

over 3 year period,

 

as loans 1/87 were over 6 years they would not look at them,

but for loans 8/10 they have refunded £182 and £55,

 

then stated that as loan 12 (the one *bought* by MMF) was being upheld,

whatever that means,

they waived all the interest and charges so that only the principle balance of £565 was now payable.

They then stated that they will use this to redress amount to reduce the balance further ??

 

They state that now the total amount payable to me would be £382 and that I need to either accept this or go to FOS.

 

Then on the same day I got the letter from Moriarty law working n behalf of MMF,

stating that after careful consideration of all the information available to them,

they have now reduced the balance from £988 to £382 that must be paid within 30 days.

 

At no point do they mention WDA at all, but it is obviously the same loan.

 

So my question is, is this even legal ?

do I take it to the FOS or do I get the money owed to me back and then get continually chased for it.

Share this post


Link to post
Share on other sites

they've written the loans off under IL then.

 

nothing owed to anyone as its all been refunded.

MMF can go swivel.


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

Share this post


Link to post
Share on other sites

So do I accept the £382 ? And do I need to send a letter or anything yo MMF or Morairty Law ?

Share this post


Link to post
Share on other sites

yes and no.

 

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

Share this post


Link to post
Share on other sites

Do I just ignore MMF and Moriarty Law then ? What do I do if they threaten court action, which they probably will. Thanks for your help.

Share this post


Link to post
Share on other sites

did you have multiple loan running already

and a crap credit file at the time?

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

Share this post


Link to post
Share on other sites

Yes I did and I sent them proof as well. Still got ongoing complaint with Wonga for the same time.

Share this post


Link to post
Share on other sites

well you could reject the payment or take it a partial settlement then off to the FOS

IMHO it should be totally written off.

and MMF needs to be told so too.


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

Share this post


Link to post
Share on other sites

Just read online that FOS will look at loans over 6 years if they have been continued on which in this case they have.

So sending WDA a letter stating that in the morning .

Share this post


Link to post
Share on other sites

Had an email from John Lloyd at WDA, to ask how I knew about FOS looking at 6 year and above claims and why I had not brought it to their attention sooner.

 

Told them that online,

FOS has advised that if the loans are continuous loans, as in carried on numerous times across the 6 year period and over, with the same company, they will look into it.

 

Also told them, only knew when I looked into it after the letter from Moriarty Law.

 

Have told them I want loans 1/7 looking at again and the last loan written off.

 

If not I will take the offer they made as a partial payment and will go the FOS with the complaint.

 

As they have already acknowledged they were in the wrong with the first settlement figure offered

and the letter with it, will just have to see what they say I guess.

 

dx100uk what does the 1L mean that you mentioned above ? Thanks,

Share this post


Link to post
Share on other sites

irresponsible lending.

good move!


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...