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Hi!
I wonder if someone more clued up than me can help me out please.
In a bit of financial difficulty - (raround 3/4 defaults on credit file, over £10,000 loan, credit card, payday loan, and catalogue debt)
Trying to pay back debts and leaving myself short stupidly led to fall short on money to live on. So took out a few payday loans desperately. You all know the vicious circle
I was able to take out 3 payday loans in the space of a week and half. None asked for payslips, none confirmed who my employer was, none did anything other than how much do you pay on bills and how much do you have left sort of checks. Peachy gave me £200 and even let me have an instant top up of £50. Piggybank gave me £100 and loans2go gave me £300 and wants me to repay £1300!!! (which I didnt realise as I had searched for £300 loans over 3 months and it had altered the loan repayments and I hadnt realised silly me)
Now I have obviously realised I cant afford these repayments on top of other priority bills and repaying the debts I need to, to stop me from going to court.
Does anybody know a standard sort of letter I can fire off to these companies to complain that they were unaffordable and my credit file is beyond poor, no proper checks were carried out other than taking my word for it. Should I go straight to the Financial Ombudsman?
Any help greatly appreciated guys thank you!
xxx
I wonder if someone more clued up than me can help me out please.
In a bit of financial difficulty - (raround 3/4 defaults on credit file, over £10,000 loan, credit card, payday loan, and catalogue debt)
Trying to pay back debts and leaving myself short stupidly led to fall short on money to live on. So took out a few payday loans desperately. You all know the vicious circle
I was able to take out 3 payday loans in the space of a week and half. None asked for payslips, none confirmed who my employer was, none did anything other than how much do you pay on bills and how much do you have left sort of checks. Peachy gave me £200 and even let me have an instant top up of £50. Piggybank gave me £100 and loans2go gave me £300 and wants me to repay £1300!!! (which I didnt realise as I had searched for £300 loans over 3 months and it had altered the loan repayments and I hadnt realised silly me)
Now I have obviously realised I cant afford these repayments on top of other priority bills and repaying the debts I need to, to stop me from going to court.
Does anybody know a standard sort of letter I can fire off to these companies to complain that they were unaffordable and my credit file is beyond poor, no proper checks were carried out other than taking my word for it. Should I go straight to the Financial Ombudsman?
Any help greatly appreciated guys thank you!
xxx
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