Received Claim? Yes
Issue Date: 16-8-2017
Amount approx: 322.28
Claimant: Prac financial
Solicitor: BW Legal
Original Credit: The Money Shop - Online Account
Particulars of Claim:
"The Claimant's Claim is for the Sum of {X AMOUNT} being monies due from the defendant to the claimant under a loan agreement regulated by the consumer credit act 1974 between the defendant and instant cash loans limited t/a The Money Shop"
"The Defendant failed to maintain the contractual payment under the terms of the agreement and a default notice has been served and not complied with."
Stat Barred? No
Have sent: Acknowledged the Claim (Defend)
Other Info:
First of all I took this loan out at the time when i was a gambling addict and may of had 2 or 3 other pay day loans at the time. I took this loan out around march 2016 and that's when the first payment failed. This went up to around 5 or 6 in the space of a few month. I aimed for Payday loans as i had terrible credit for a student. I Feel the money shop didn't do some checks as my credit score was 'poor' on credit reference websites. At the time digitally signing this contracts i was under financial , emotional pressure and applied for dozens of loans across a wide range of credit websites. I have been keep track with some of the loans and completely forgot about this one and did not even know the debt was passed on. can anyone help me with this? What is the best way to defend this? It will mean alot
Issue Date: 16-8-2017
Amount approx: 322.28
Claimant: Prac financial
Solicitor: BW Legal
Original Credit: The Money Shop - Online Account
Particulars of Claim:
"The Claimant's Claim is for the Sum of {X AMOUNT} being monies due from the defendant to the claimant under a loan agreement regulated by the consumer credit act 1974 between the defendant and instant cash loans limited t/a The Money Shop"
"The Defendant failed to maintain the contractual payment under the terms of the agreement and a default notice has been served and not complied with."
Stat Barred? No
Have sent: Acknowledged the Claim (Defend)
Other Info:
First of all I took this loan out at the time when i was a gambling addict and may of had 2 or 3 other pay day loans at the time. I took this loan out around march 2016 and that's when the first payment failed. This went up to around 5 or 6 in the space of a few month. I aimed for Payday loans as i had terrible credit for a student. I Feel the money shop didn't do some checks as my credit score was 'poor' on credit reference websites. At the time digitally signing this contracts i was under financial , emotional pressure and applied for dozens of loans across a wide range of credit websites. I have been keep track with some of the loans and completely forgot about this one and did not even know the debt was passed on. can anyone help me with this? What is the best way to defend this? It will mean alot
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