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 saying every thing We had compensated. Will quick quid spend me personally right right right back for the loans which are over 6 years old or have 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 years old.
Sara (Financial Obligation Camel) says
Hi Brad, the Financial Ombudsman solution is wanting to choose whether to check loans over 6 yrs old and these full instances are on hold until it can. You will need to get the plaint into QQ asap and get it to then the FOS after 8 days precisely вЂ“ then if the FOS decides it canвЂ™t consider the older loans, you certainly will nevertheless have up to feasible within time.
many many many many thanks Sara. We went along to qq regarding the 23/8/16 so its just been a couple of weeks thus far. can I get right to the ombudsman now or await their 8 response week. im worried im likely to overlook the1000s before the 6 year mark. Maybe 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?
appreciate your assistance. 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 became in economic trouble. September they gave me a deadline to reply with the details by 14th. Do you realize when they place the same due dates to QQ and, in that case, does which means that that if QQ drag it out itвЂ™ll wait my situation much more?
Additionally, does anybody have rough notion of exactly how long it can take for the adjudicator to create a choice? It is now almost a few months so itвЂ™s really starting to drag out since I first plained to QQ 🙁
Fast Quid get back once again to Adjudicator suggesting they donвЂ™t have actually to inquire of nsumer for spending just before 2014. and they’re going to maybe not refund such a thing. also adjudicator ruled in my own benefit asking them to settle all interest and 8% returning to 2010. just interest es to over 10K. maybe maybe maybe not certain that this will be one of many techniques employed by Quick quid to drag it longer.
Sara (Financial Obligation Camel) says
вЂњdonвЂ™t have actually to inquire of for spending prior to 2014вЂќ this argument is comparable to a lender that is payday they didnвЂ™t need certainly to credit check you before 2014 that we published 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 you to definitely offer facts about your ine and spending should they had been concerned вЂ“ simply because they donвЂ™t want to do one thing does not suggest they uldnвЂ™t get it done and also this might have been one thing a accountable loan provider must have nsidered.
A loan provider has got to simply simply just take acunt of whatever they knew. When they didnвЂ™t understand your spending, chances are they uldnвЂ™t simply take acunt of the however they did understand that you had been over and over repeatedly borrowing from their website suggesting the loans had been unaffordable. And so they ignored this.
It appears as if that is a really good instance to decide to try the Ombudsman.
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 really hope adjudicator donвЂ™t alter her decision that is original and to her initial report. I’m concerned given that she may alter her initial choice.
Sara (Debt Camel) says
Then e back here as (a) you can discuss it with the adjudicator and https://mycashcentral.com/payday-loans-ky/ (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.