hi ive had a complete borrowed quantity of14,575 from QQ between may 2009- mar 2011. over this duration we reimbursed a total of3148 in interest over this era. We have all my statements from QQ everything that is stating had compensated. Will quick quid spend me personally straight right right right back for the loans which are over 6 years old or have actually I got no opportunity of seeing the older loans refunded?
be so grateful for the assistance? if anybody has any experience that is past loans over 6 years old.
Sara (Financial Obligation Camel) says
Hi Brad, the Financial Ombudsman solution is attempting to choose whether or not to glance at loans over 6 yrs old and these instances are on hold until it will. You’ll want to get the plaint into QQ asap and then have it to the FOS after 8 days precisely – then if the FOS decides it can’t consider the older loans, you may nevertheless have up to feasible within time.
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 right to the ombudsman now or watch for their 8 week reaction. im worried im planning to overlook the1000s before the 6 mark year. Perhaps you have heard about the ombudsman having to pay on loans over the age of 6 years or they simply frozen until they determine what to accomplish?
appreciate your help. many many many thanks, Brad
additionally we nevertheless have1200 outstanding I owe with them which
My plaint with QQ got passed away to an adjudicator whom ntacted me personally in the 7th of September seeking my bank statements, credit history and if we had ever told QQ I happened to be in monetary trouble. They provided me with a due date to respond aided by the details by 14th September. Do you realize out it’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 any rough concept of exactly how long it will require for the adjudicator to create a determination? It’s now almost three months since I first plained to QQ so that it’s actually needs to drag down 🙁
Fast Quid get returning to Adjudicator suggesting they don’t have actually to inquire of nsumer for spending ahead of 2014. and they’ll maybe not refund any such thing. also adjudicator ruled in my own benefit asking them to settle https://www.cash-central.com/payday-loans-nm/ all interest and 8% returning to 2010. simply interest es to over 10K. perhaps perhaps perhaps not certain that this really is one of many techniques utilized by Quick quid to drag it much much longer.
Sara (Financial Obligation Camel) says
“don’t have actually to inquire of for spending prior to 2014” this argument is comparable to a payday lender saying they didn’t need 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 in the event that you ntinued to borrow from their website thirty days after thirty days (which for you personally appears as if it had been for many years) then QQ needs to have taken acunt with this, realized that you had been determined by these loans and stopped lending. Or of urse they uld have expected one to offer information about your ine and spending because they don’t have to do something doesn’t mean they uldn’t do it and this would have been something a responsible lender should have nsidered if they were worried – just.
A loan provider has got to just just just take acunt of whatever they knew. When they didn’t understand your spending, chances are they uldn’t just take acunt of this however they did understand that you’re over repeatedly borrowing from their store suggesting the loans had been unaffordable. And additionally they ignored this.
It seems as if this might be a rather good situation to decide to try the Ombudsman.
Many Many Thanks Sara, i am going to wait till response from adjudicator as she’ll need to check point raised by fast quid then inform me her reaction. I am hoping adjudicator don’t alter her decision that is original and to her initial report. I will be 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 won’t as this isn’t really a serious argument from QQ.