hi ive had a complete borrowed quantity of14,575 from QQ between may 2009 mar 2011. over this duration we reimbursed a complete of3148 in interest over this era. I’ve all my statements from QQ everything that is stating had compensated. Will quick quid spend me personally straight right straight right back when it comes to loans which can be over 6 years of age or have actually no chance was got by me of seeing the older loans refunded?
be therefore grateful for the assistance? if anybody has any previous experience on loans over 6 years of age.
Sara (Financial Obligation Camel) says
Hi Brad, the Financial Ombudsman solution is attempting to choose whether or not to view loans over 6 years of age and these full instances are on hold until it can. You’ll want to get your plaint into QQ asap and get it to then the FOS after 8 days precisely вЂ“ then if the FOS decides it canвЂ™t go through the older loans, you may still have as much as feasible within time.
many many thanks Sara. We went along to qq in the 23/8/16 so its just been a couple of weeks up to now. do I need to get directly to the ombudsman now or watch for their 8 response week. im worried im planning to lose out on the1000s before the 6 12 months mark. Maybe you have heard about the ombudsman having to pay on loans more than 6 years or they simply frozen until they determine what to accomplish?
appreciat your assistance. many many many thanks, Brad
additionally we nevertheless have1200 outstanding using them that I owe
My plaint with QQ got passed away to an adjudicator whom ntacted me personally in the 7th of September requesting my bank statements, credit report and I was in financial difficulty if I had ever told QQ. They provided me with a due date to respond because of the details by 14th September. Do you realize out itвЂ™ll delay my case even more if they put the same deadlines to QQ and, if so, does that mean that if QQ drag it?
Additionally, does anybody have idea that is rough of long it will take for the adjudicator to produce a choice? It is now almost a couple of months since We first plained to QQ therefore itвЂ™s actually just starting to drag down 🙁
Fast Quid get back again to Adjudicator suggesting they donвЂ™t have actually to inquire of nsumer for spending just before 2014. And they shall maybe perhaps not refund such a thing. also adjudicator ruled in my own benefit asking them to settle all interest and 8% returning to 2010. simply interest es to payday loans SC over 10K. perhaps perhaps maybe perhaps not certain that this can be among the techniques utilized by Quick quid to drag it much longer.
Sara (Debt Camel) says
вЂњdonвЂ™t have actually to inquire about for spending prior to 2014вЂќ this argument is comparable to a payday lender saying they didnвЂ™t need certainly to credit check you before 2014 that I had written this short article about: s:debtcamel../payday-loan-credit-sres/. It really is theoretically real BUT then QQ should have taken acunt of this, noticed that you were dependent on these loans and stopped lending if you ntinued to borrow from them month after month (which in your case sounds as though it was for a very long time. Or of urse they uld have expected one to offer information regarding your ine and spending should they had been concerned вЂ“ simply because they donвЂ™t want to do one thing does not mean they uldnвЂ™t do so and also this might have been one thing a accountable loan provider needs to have nsidered.
A loan provider has got to just simply simply take acunt of whatever they knew. Then they uldnвЂ™t take acunt of that BUT they did know that you were repeatedly borrowing from them suggesting the loans were unaffordable if they didnвЂ™t know your expenditure. Plus they ignored this.
It appears as if this really is an extremely case that is good try the Ombudsman.
Many Many Many Many Thanks Sara, i shall wait till reaction from adjudicator as she’s going to need certainly to check point raised by fast quid then inform me her reaction. I am hoping adjudicator donвЂ™t alter her initial choice and stuck to her initial report. I’m concerned given that she might alter her initial choice.
Sara (Financial Obligation Camel) says
Then e back here as (a) you can discuss it with the adjudicator and (b) escalate to the Ombudsman level if needed if she does (and hopefully she wonвЂ™t as this isnвЂ™t really a serious argument from QQ.