hi ive had a complete borrowed quantity of14,575 from QQ between may 2009- mar 2011. over this duration we repaid 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 straight straight back when it comes to loans which can be over 6 years old 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 yrs old.
Sara (Financial Obligation Camel) says
Hi Brad, the Financial Ombudsman solution is wanting to choose whether or not to glance at loans over 6 yrs . old and these situations are currently on hold until it can. You ought to get your 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 may continue to have as much as feasible within time.
many thanks Sara. We went along to qq regarding the 23/8/16 so its just been a couple of weeks up to now. can I get directly to the ombudsman now or watch for their 8 response week. im worried im gonna lose out on the1000s before the 6 12 months mark. Perhaps 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?
appreciate your assistance. many many thanks, Brad
additionally we nevertheless have1200 outstanding using them that we owe
My plaint with QQ got passed away to an adjudicator whom ntacted me personally on 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 aided by the details by 14th September. Have you any idea when they place the same due dates to QQ and, if that’s the case, does which means that that if QQ drag it out it’ll wait my instance a lot more?
Additionally, does anybody have rough notion of exactly how long it requires for the adjudicator to help make a choice? It is now almost a few months so it’s really starting to drag out since I first plained to QQ 🙁
Fast Quid get returning to Adjudicator suggesting they don’t have actually to inquire of nsumer for expenditure ahead of 2014. And they shall 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 maybe perhaps not certain that it is one of many techniques employed 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 lender that is payday they didn’t need certainly to credit check you before 2014 that we penned this informative article about: s:debtcamel../payday-loan-credit-sres/. It really is theoretically real BUT in the event that you ntinued to borrow from their store 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 for this, pointed out that you had been determined by these loans and stopped lending. Or of urse they uld have expected you to definitely offer facts 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 needs to just just simply take acunt of whatever they knew. When they didn’t understand your spending, chances are they uldn’t just take acunt of the nevertheless they did understand that you had been over and over borrowing from their website suggesting the loans were unaffordable. And additionally they Oklahoma payday loans direct lenders ignored this.
It appears as if this really is a rather case that is good decide to try the Ombudsman.
Many Many Many Thanks Sara, i am going to 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 am hoping adjudicator don’t alter her initial choice and stuck 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.