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. I’ve all my statements from QQ everything that is stating had compensated. Will quick quid spend me personally 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 therefore grateful for the assistance? if anybody has any previous experience on loans over 6 https://www.spot-loan.net/payday-loans-az yrs . 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 years of age and these instances are currently on hold until it can. 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 go through the older loans, you may nevertheless have up to feasible within time.
many many many thanks Sara. We went along to qq in the 23/8/16 so its just been a couple of weeks to date. must I get directly to the ombudsman now or watch for their 8 week reaction. im worried im planning to lose out on the1000s before the 6 12 months mark. Maybe you have been aware of the ombudsman having to pay on loans over the age of 6 years or they simply frozen until they determine what to complete?
appreciat your help. 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 regarding the 7th of September requesting my bank statements, credit history and if I experienced ever told QQ I happened to be in monetary trouble. September they gave me a deadline to reply with the details by 14th. Have you figured out 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 idea that is rough of long it can take for the adjudicator in order to make a choice? It is now almost a couple of months since We first plained to QQ therefore it’s actually needs to drag down 🙁
Fast Quid get back once again to Adjudicator suggesting they don’t have actually to inquire about nsumer for spending just before 2014. And they shall maybe perhaps maybe maybe 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 over 10K. maybe maybe maybe not certain that that is one of many techniques utilized 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 similar to a payday lender saying they didn’t need to credit check you before 2014 that we composed this short article about: s:debtcamel../payday-loan-credit-sres/. Its theoretically real BUT in the event that you ntinued to borrow from their store thirty days after thirty days (which for you personally seems as if it absolutely was for many years) then QQ needs to have taken acunt for this, realized that you had been influenced by these loans and stopped lending. Or of urse they uld have expected one to offer factual statements 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 simply just simply take acunt of whatever they knew. Should they didn’t understand your spending, chances are they uldn’t simply take acunt of this nonetheless they did realize that you had been over repeatedly borrowing from their website suggesting the loans had been unaffordable. 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 am going to wait till reaction from adjudicator as she’s going to need certainly to have a look at point raised by fast quid and then inform me her reaction. I really hope 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.