Payday loan charges cap takes effec
This is a duplicate of the Blog Entry made on 2nd January 2015 11:53.
*A cap on the cost of payday loans enforced by the City regulator has now come into effect.* Payday loan rates will be capped at 0.8% per day of the...
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Payday loan charges cap takes effec
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Littlewood credit account enforceability
Hi all, new member here desperate for advice on my credit agreement with Littlewoods Catalog credit account, I asked for a copy of my agreement this was signed by me on 07/12/2006 however after reading through some really helpful threads I can see this may be unenforcable as there is no amount of credit... -
SaltnVinegar started a topic Student, died from overdose after taking out £100 payday loan which got to £800 in 3 monthsin Payday LoansStudent, died from overdose after taking out £100 payday loan which got to £800 in 3 months
This news story was forwarded to me today:
http://www.dailymail.co.uk/news/arti...ee-months.html
What a sad, terrible, and tragic waste of a life over a payday loan.
Although the loan... -
Tax debt recovery powers watered down
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The Wonga/FCA ruling - what it means for PDL debtors
Most people will be aware of the FCA ruling that Wonga have failed to conduct affordability assessments correctly when making loans, with the result that Wonga effectively have to write of £220 MILLION of 'business' due to lending to people where they allegedly (though as the FCA have ruled on the... -
Debt collector Roxburghe in administration
Debt collector Roxburghe in administration
This is a duplicate of the Blog Entry made on 19th September 2014 15:16.
*Debt collection agency Roxburghe (UK) Limited has entered administration, resulting in 35 redundancies.* Roxburghe had been trading at a loss due...
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WONGA & THEY ARE STILL TRADING???
BC Business Live- WONGA COMPENSATION10:38:
The Financial Conduct Authority says payday lender Wonga will not face criminal action after being found to have invented fictitious law firms and sent letters threatening legal action to customers in arrears. Wonga must pay £2.6m in compensation.
- WONGA COMPENSATION10:38:
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Help! Does this UE letter look about right.......???
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I have a very ancient CC debt, which has been 'managed', (or whatever they call it), by a DCA called "Wescot" for years. I have been paying money to them for at least 7 years.
I am very very ignorant about financial issues, which... -
Former students in uproar over debt collector Erudio
Former students in uproar over debt collector Erudio...
Click here to read more details in the full article...Last edited by Riz; 5 April 2014, 07:26. -
OFT/Banks to make Refunds of over £149 million
I expect this already been posted, but its one to come and I am aware of a list of banks but its not an official list, I can of course add them on here if you want me to. But it is said that the OFT are expected 17 banks to refund over £149 million.
More on the story below, but am going... -
Reduced credit limit update
I want to start by saying i don't think i've spotted this documented on AAD, but if it is then i will have to take a smack on the chin!
I have two cards which have a limit (£1500 and £1000) which is much more than i realistically need. I do use these...Last edited by SA Gold; 21 March 2014, 09:44. -
ITN looking for people with debt stories for a TV discussion
Hi everyone,
I'm putting together a studio audience for a live Channel 5 TV discussion about the state of personal debt in the UK.
I'd love to hear from anyone who's got anything to say about any type of debt.
The studio audience will be comprised of people who have past... -
Property charging order queries.
Following on from the 'Charging' threads I've read about joint debtors I have a few questions of my own and would appreciate any advice.
I have a charge of appx £11'500 on my property. The claimant's always sent me court documents by recorded/signed for delivery but in this instance... -
Arrow Global to assess new debt purchase sectors
Arrow Global to assess new debt purchase sectors
This is a duplicate of the Blog Entry made on 4th March 2014 14:43.
Debt buyer Arrow Global will consider new market sectors and European countries to purchase debt in this year on the back of strong results in 2013....
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Arc Europe & Trevor Munn Solicitors
Hi All
I've posted this here as Arc Europe and Trevor Munn Solicitors were regularly used by Quickquid in the collection of payday loan debts. As those who follow my UE diary would know their practices were questionable and this was confirmed last year by Trevor Munn receiving a good spanking...
