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 personally straight straight straight back for the loans which can be over 6 years old or have actually I got no opportunity of seeing the older loans refunded?
be therefore grateful for the assistance? if anyone has any experience that is past loans over 6 yrs old.
Sara (Financial Obligation Camel) says
Hi Brad, the Financial Ombudsman service is wanting to determine whether or not to have a look at loans over 6 years of age and these instances are on hold until it will. You will need to get your plaint into QQ asap and then obtain it to the FOS after 8 days precisely – then if the FOS decides it can’t go through the older loans, you are going to nevertheless have as much as feasible within time.
many thanks Sara. We decided to go to qq from the 23/8/16 so its just been a couple of weeks up to now. can I get directly to the ombudsman now or watch for their 8 response week. im worried im planning to lose out on the1000s before the 6 12 months mark. 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?
appreciate your assistance. thanks, Brad
additionally we nevertheless have1200 outstanding using them that I owe
My plaint with QQ got passed away to an adjudicator whom ntacted me in the 7th of September seeking my bank statements, credit report and if we had ever told QQ I became in monetary trouble. September they gave me a deadline to reply with the details by 14th. Have you any idea 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 delay my instance much more?
Additionally, does anybody have any rough notion of just how long it can take for the adjudicator in order to make a choice? It is now almost a couple of months so it’s really starting to drag out since I first plained to QQ 
Fast Quid get back again to Adjudicator suggesting they don’t have actually to inquire of nsumer for spending ahead of 2014. and they’ll perhaps perhaps perhaps not refund any such 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 not certain that that is among the strategies employed by Quick quid to drag it much longer.
Sara (Financial Obligation Camel) says
“don’t have actually to inquire of for spending prior to 2014” this argument is comparable to a payday lender saying they didn’t need to credit check you before 2014 that I published this informative 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 one to offer information about your ine and spending because they don’t have to do something doesn’t mean they uldn’t do it and this payday loans South Carolina would have been something a responsible lender should have nsidered if they were worried – just.
A loan provider needs to just simply 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 additionally they ignored this.
It seems as if this might be a rather good situation to decide to try the Ombudsman.
Many Many Many Thanks Sara, i am going to wait till reaction from adjudicator as she’s going to need certainly to have a look at point raised by fast quid then inform me her reaction. I really hope adjudicator don’t alter her decision that is original and to her initial report. I will be concerned given that she may alter her initial decision.
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 won’t as this isn’t really a serious argument from QQ.
