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. I’ve all my statements from QQ saying every thing We had paid. Will quick quid spend me personally straight straight back when it comes to loans being over 6 yrs 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 experience that is past 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 years of age and these situations 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 go through the older loans, you certainly will continue to have up to feasible within time.
many many thanks Sara. We went along to qq regarding 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 response week. im worried im gonna lose out on the1000s before the 6 mark year. Perhaps 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 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 from https://spot-loan.net/payday-loans-ia/ 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 with all the details by 14th September. Do you realize out itвЂ™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 rough notion of just how long it will require for the adjudicator which will make a determination? It is now nearly three months so itвЂ™s really starting to drag out since I first plained to QQ 🙁
Fast Quid get back again to Adjudicator suggesting they donвЂ™t have actually to inquire of nsumer for spending ahead of 2014. And they shall maybe maybe perhaps perhaps 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 several strategies employed by Quick quid to drag it much much much longer.
Sara (Debt Camel) says
вЂњdonвЂ™t have actually to inquire about 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 I penned 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 information about your ine and spending because they donвЂ™t have to do something doesnвЂ™t mean they uldnвЂ™t do it and this would have been something a responsible lender should have nsidered if they were worried вЂ“ just.
A loan provider needs to just just just take acunt of whatever they knew. Should they didnвЂ™t understand your spending, chances are they uldnвЂ™t simply take acunt of this nonetheless they did realize that you had been over and over borrowing from their store suggesting the loans had been unaffordable. And additionally they ignored this.
It seems as if this really is a really case that is good decide to try the Ombudsman.
Many Many Thanks Sara, i am going to wait till reaction from adjudicator as she’s going to need to have a look at point raised by fast quid then inform me her reaction. I am hoping adjudicator donвЂ™t alter her decision that is original and to her initial report. I’m 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 wonвЂ™t as this isnвЂ™t really a serious argument from QQ.