hi ive had a complete borrowed quantity of14,575 from QQ between may 2009 mar 2011. over this duration we repaid a complete of3148 in interest over this era. We have all my statements from QQ saying every thing We had compensated. Will quick quid spend me personally right right right back for the loans which can be over 6 years of age 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 previous experience on loans over 6 years of age.

Sara (Financial Obligation Camel) says

Hi Brad, the Financial Ombudsman solution is wanting to choose whether or not to have a look at loans over 6 yrs . old and these full instances are on hold until it can. You ought to get your plaint into QQ asap and then have 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 continue to have as much as feasible within time.

many many thanks Sara. We went along to qq from 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 week reaction. im worried im likely to lose out on 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 determine what to complete?

appreciat your assistance. many thanks, Brad

additionally we nevertheless have1200 outstanding together with them that we owe

My plaint with QQ got passed away to an adjudicator whom ntacted me personally from the 7th of September requesting my bank statements, credit history and if we had ever told QQ I happened to be in economic trouble. September they gave me a deadline to reply with the details by 14th. Have you any idea out it’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 anyone have rough notion of just how long it can take for the adjudicator to produce a choice? It is now almost a couple of months since We first plained to QQ so that it’s actually needs to drag away 🙁

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 maybe 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 perhaps maybe not https://www.nationaltitleloan.net/payday-loans-az certain that this might be among the strategies utilized by Quick quid to drag it much 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 certainly to credit check you before 2014 that I published 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 store thirty days after thirty days (which for you personally seems as if it had been for many years) then QQ must 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 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 would have been something a responsible lender should have nsidered if they were worried – just.

A loan provider needs to 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 appears as if it is a extremely good situation 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 glance at point raised by fast quid then inform me her reaction. I am hoping 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 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 won’t as this isn’t really a serious argument from QQ.