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. I’ve all my statements from QQ saying every thing We had compensated. Will quick quid spend me right back for the loans which are 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 years old.

Sara (Financial Obligation Camel) says

Hi Brad, the Financial Ombudsman solution is wanting to choose whether or not to consider loans over 6 yrs . old and these full instances are on hold until it will. You’ll want 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 go through the older loans, you can expect to continue to 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 thus far. do I need to get right to the ombudsman now or watch for their 8 response week. im worried im planning to overlook the1000s before the 6 mark year. Maybe you have been aware of the ombudsman having to pay on loans avove the age of 6 years or they simply frozen until they decide what to accomplish?

appreciate your assistance. 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 the 7th of September seeking my bank statements, credit history and if I experienced ever told QQ I became in monetary trouble. They provided me with a due date to https://mycashcentral.com/payday-loans-md/ respond utilizing the details by 14th September. 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 it’ll wait my situation much more?

Additionally, does anybody have idea that is rough of long it can take for the adjudicator in order to make a determination? It is now almost a couple of months since We first plained to QQ so that it’s actually beginning to drag down

Fast Quid get back again to Adjudicator suggesting they don’t have actually to inquire of nsumer for spending just before 2014. And they shall maybe perhaps 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. perhaps perhaps not certain that it is among the techniques utilized by Quick quid to drag it much much much longer.

Sara (Financial Obligation Camel) says

“don’t have actually to inquire about for expenditure prior to 2014” this argument is comparable to a lender that is payday they didn’t need 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 in the event that you ntinued to borrow from their website thirty days after thirty days (which for you personally seems as though it absolutely was for many years) then QQ needs to have taken acunt of the, pointed out that you had been influenced by these loans and stopped lending. Or of urse they uld have expected you to offer facts about your ine and spending when they had been concerned – simply because they don’t need to do one thing does not suggest they uldn’t do so and also this might have been one thing a accountable loan provider needs nsidered.

A loan provider needs to just simply simply 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 so they ignored this.

It appears 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 glance at point raised by quick quid then inform me her reaction. I really hope adjudicator don’t alter her original choice and stuck to her initial report. I will be concerned given that she may alter her initial choice.

Sara (Financial Obligation Camel) says

If she does (and ideally she won’t since this is not actually a critical argument from QQ) then e straight back right here as (a) it is possible to talk about it aided by the adjudicator and (b) escalate to the Ombudsman degree if required.