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kkatiew

Irresponsible Lending PDE/Money Shop

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Hi all,

 

I sent my complaint letter regarding irresponsible lending to The Money Shop a couple of weeks ago relating to a number of loans from Pay Day Express.

 

I have today received the attached - Can anyone explain what it actually means ?

 

 

 

 

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please don't post images directly to a post

use PDF.

put them all in one multipage PDF please

read upload

 

dx

 


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Posted (edited)

Hi,

 

Sorry, I was working off my mobile  but managed to do it (now attached).

 

Just wondered what next ?  Is this a standard response from them ?

 

Thanks

 

Katie

ICL - Practice Statement Letter.pdf

Edited by kkatiew

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its means you gotta await the court hearing listed

then you might get a vote to enrol on a scheme whereby you might get 'something' back.

bottom line is they've gone bust

the liquidators see little assets to shareout.

and want to spread them as thinly as possible.

 

same as what happened with the CPP PPI debacle.

£100's in you get pennies out.


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

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Yep, I thought as much 😮

I actually have £137 left to pay to BW Legal, which I'm paying at £60 per month.  I've already paid £690 up to now. Do I carry on with my payments ?

 

Thanks

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why are you blindly paying a DCA's Wolf?

did they take you to court?

 


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

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No, I couldn't meet payments at one time and it was eventually sent to Prac Financial then BW Legal.

 

I set up a payment plan with them.

 

It's the same with Swift Sterling/Northway Financial - I owe them £827.

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no the debts were sold not passed.

means the OC's knew they were toxic.

 

again how did you get conned into paying these two?

not over the phone I hope and when?
 

 

 


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 

 

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Posted (edited)

Well both, letter started then phone calls.  I think I emailed in the end and agreed a payment amount in October 2017.

Edited by kkatiew

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threads merged

 

why did you do that without consulting us here

both debts? are subject to IRL complaints and in serious dispute

you shouldn't be paying anyone anything.

 

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 

 

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I'll be honest, I didn't even think about it. I was just focused on getting things paid off.

 

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So my next installments are due end of next week to MDRL and BW Legal. I'll stop paying?

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certainly BW legal yes.

if they complain the send we'll do a letter for them.

 

MDRL?


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 

 

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Moorcroft Debt Recovery 

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who are their stated clients

Moorcroft don't buy debts only chase.

 

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 

 

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I'll check in the morning and confirm.

 

Thanks

 

Katie 

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Yep, sorry both with BW Legal. It's my Lloyd's overdraft debt that I pay to Moorcroft.

 

Thanks

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Wow....

 

1 These companies have also traded as Cash Til Payday, Pay Advance, Payday Control, Fast Forward Loans, Payday Tomorrow, Payday Solutions, Wage Advance, Which Payday Loan, Payday Express, Loan Solutions UK, Payday Finance, www.paydayloansblog.co.uk, Wages Today, Express, Payday 22, Payday 29, Payday 36, Your Pay Today, Flexible Payday, Payday Manager, Money Bridge, Loan Lounge, Payday UK, Month End Money, MEM Advisors, PDUK, Payday Now, KW and Co, Three Month Loan, Keyes Whitlock & Company, My Payday Loan, The Payday Store, Ladder Finance, Ladder Credit, Ladder Loans, Kyzoo, Kyzoo Clear, Kyzoo Ultra, Kyzoo Classic, Kyzoo Flexi, Kyzoo Platinum, Kyzoo Vintage, Ladder, Ladrloan, Kyzoo Control, Kyzoo Black and Ladder Loans Lite.

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Thanks Fk 👍Well I've only got 3 more payments left for BW on 1 debt and its showing a default on my credit file even though ive paid every month so I'll continue with that one and bring the other one down to a minimum 👌🏻

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who are moorcrofts client LLoyds??

 

 


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 

 

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Yes I'm.paying my Lloyd's overdraft to Moorcroft as it was passed to them after I was late with a payment about 8 months ago.

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how many more debts that you are skinting yourself are you paying.??

pay lloyds directly via bacs transfer a smaller amount 

never pay a dca whereby their client is the OC not another dca.


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 

 

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That's the lot. Can I actually just pay by BACs then ? I would rather do that tbh.

 

Thanks 👍

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