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Anyone have any info on past payday loans

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  • Anyone have any info on past payday loans

    Hey Everyone,

    Long time no hear. I hope everyone is well.

    Does anyone know what the new regulations mean for past payday loans?

    Any help would be appreciated.

    Thanks in advance

    LouLou xx
    Tags: None

  • #2
    Re: Anyone have any info on past payday loans

    Hi LouLou ... the FCA published an article in November 2014 that might be of use: http://www.fca.org.uk/news/fca-confi...payday-lenders
    K x
    Debt is like any other trap, easy enough to get into, but hard enough to get out of.

    It doesn't matter where your journey begins, so long as you begin it...

    recte agens confido

    ~~~~~

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    • #3
      Re: Anyone have any info on past payday loans

      Thanks Kati I'll have read of that now.

      LouLou xx

      Comment


      • #4
        Re: Anyone have any info on past payday loans

        My friend worked for a payday loan company last year. They were all laid off because of the new regulations posted by FCA. Im reading the article now, thanks

        Comment


        • #5
          Re: Anyone have any info on past payday loans

          This forum might be last year but I have the same question right now. Anybody could help?

          Comment


          • #6
            Re: Anyone have any info on past payday loans

            Originally posted by ceryshanson View Post
            This forum might be last year but I have the same question right now. Anybody could help?
            See [MENTION=49370]Kati[/MENTION] Post #2
            nem

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            • #7
              Re: Anyone have any info on past payday loans

              The new regulations aren't really relevant to payday loans taken out before that date any more. You have either repaid the loans or you are in default on them.

              However what may be relevant to you is whether you can get any compensation / redress for older payday loans that were either mis-sold or where the lender handled your situation badly if you got into trouble. See http://debtcamel.co.uk/more-payday-refunds/ for more information.

              Comment


              • #8
                Re: Anyone have any info on past payday loans

                Sounds like the OP who bumped up this thread earlier may have not been legitimate as he's showing as inactive. :noidea:

                Comment

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