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. We have all my statements from QQ everything that is stating had compensated. Will quick quid spend me personally right right back for the loans which are 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 old.
Sara (Financial Obligation Camel) says
Hi Brad, the Financial Ombudsman solution is wanting to determine whether to have a look at loans over 6 yrs . old and these full instances are currently on hold until it will. You ought to get the plaint into QQ asap and get it to then the FOS after 8 days precisely – then if the FOS decides it can’t consider the older loans, you’ll continue to have up to feasible within time.
many many thanks Sara. We went along to qq from the 23/8/16 so its just been a couple of weeks to date. can I get right to the ombudsman now or await their 8 response week. im worried im likely to lose out on the1000s before the 6 mark year. Perhaps you have been aware of 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 together with them that we owe
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 I was in financial difficulty if I had ever told QQ. They provided me with a due date to respond using 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 anyone have rough notion of exactly how long it will require for the adjudicator to create a determination? It’s now almost a couple of months so it’s really starting to drag out since I first plained to QQ 🙁
Fast Quid get back once again to Adjudicator suggesting they don’t have actually to inquire about nsumer for spending just before 2014 https://spot-loan.net/payday-loans-in/. And they shall maybe maybe not refund any such thing. also adjudicator ruled in my own benefit asking them to settle all interest and 8% returning to 2010. simply interest es to over 10K. maybe perhaps not certain that this will be among the strategies employed by Quick quid to drag it 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 lender that is payday they didn’t need to credit check you before 2014 that we penned this short article about: s:debtcamel../payday-loan-credit-sres/. Its 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 a long time) then QQ must have taken acunt of the, realized that you’re determined by these loans and stopped lending. Or of urse they uld have expected you to definitely offer information about your ine and spending should they had been concerned – just because they don’t want to do one thing does not suggest they uldn’t get it done and also this could have been one thing a accountable loan provider needs nsidered.
A loan provider needs to simply just take acunt of whatever they knew. Then they uldn’t take acunt of that BUT they did know that you were repeatedly borrowing from them suggesting the loans were unaffordable if they didn’t know your expenditure. And additionally they ignored this.
It seems as if it is a rather case that is good decide to try the Ombudsman.
Many Thanks Sara, i shall wait till reaction from adjudicator me know her response as she will have to look at point raised by quick quid and then let. I really hope 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.