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 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 previous experience on loans over 6 yrs . old.

Sara (Financial Obligation Camel) says

Hi Brad, the Financial Ombudsman solution is attempting to choose whether or not to have a look at loans over 6 yrs old and these situations are on hold until it can. You ought 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 consider the older loans, you certainly will nevertheless have as much as feasible within time.

many thanks Sara. We went along to qq in the 23/8/16 so its just been a couple of weeks up to now. must 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 mark year. Perhaps you have heard about the ombudsman paying out on loans more than 6 years or they simply frozen until they determine what to complete?

appreciate your assistance. many many thanks, Brad

additionally I nevertheless have1200 outstanding I owe with them which

My plaint with QQ got passed away to an adjudicator whom ntacted me personally in the 7th of September seeking my bank statements, credit history and I was in financial difficulty if I had ever told QQ. They provided me with a due date to respond utilizing the details by 14th September. Are you aware 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 anybody have rough concept of exactly how long it will take for the adjudicator to produce a decision? It is now almost a few months so it’s really starting to drag out since I first plained to QQ 🙁

Fast Quid get back once again to Adjudicator suggesting they don’t have actually to inquire of nsumer for expenditure just before 2014. and they’re going to maybe 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. perhaps perhaps not sure if this really is one of several strategies employed by Quick quid to drag it much much longer.

Sara (Financial Obligation Camel) says

“don’t have actually to inquire about for spending prior to 2014” this argument is comparable to a lender that is payday 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 then QQ should have https://mycashcentral.com/payday-loans-ne/ 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 facts 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 simply simply just take acunt of whatever they knew. When they didn’t understand your spending, chances are they uldn’t just take acunt of this nonetheless they did understand that you had been over repeatedly borrowing from their store suggesting the loans had been unaffordable. In addition they ignored this.

It appears as if this can be an extremely case that is good take to the Ombudsman.

Thanks Sara, i shall wait till reaction from adjudicator me know her response as she will have to look at point raised by quick quid and then let. I am hoping adjudicator don’t alter her initial choice and stuck to her initial report. I will be concerned now that she might alter her initial choice.

Sara (Financial Obligation Camel) says

If she does (and ideally she won’t as this is not actually a serious argument from QQ) then e straight back right here as (a) you can easily talk about it using the adjudicator and (b) escalate to the Ombudsman degree if required.