Procedure for payday refund - PowerPoint PPT Presentation

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Procedure for payday refund

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As a real-life example, Peter came to us with a claim against Quick Quid. Initially, Quick Quid offered Peter a £24 refund, we encouraged Peter to allow us to take the case to the FOS. Peter agreed and the FOS upheld the complaint. They directed Quick Quid to refund Peter £7,074.63. Peter is pleased he appointed us! – PowerPoint PPT presentation

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Title: Procedure for payday refund


1
Procedure for payday refund
  • https//www.redbridgefinance.co.uk/

2
  • With the recent law in 2015 concerning payday
    operations, people with debts from these lenders
    are seeking compensation claims. More often than
    not, you are sure of a successful appeal
    especially when the amount borrowed becomes a
    long-term loan with recurrent repayments.

3
  • Its possible to successfully get a payday loan
    refund which is usually based on the interests
    accrued on loan over the given period. Hence, you
    will be free of the high-interest rates.

4
  • To guarantee the success of your payday loan
    refund, we make an appeal to the lenders and even
    take the case up to the Ombudsman when a lender
    proves difficult. Most times, the Ombudsman
    supports the complaints of customers in 70 of
    payday loan cases brought in for arbitration.

5
  • Most of the outstanding debts could be written
    off with the right approach to these lenders as
    the principal amount obtained as loan may have
    been paid already in the course of repayments.

6
  • The Ombudsman investigates into the case and
    instructs the lenders to give a refund of all
    interests with 8 simple once these lenders are
    found guilty of irresponsible lending operations.
    Hence, you only get to pay up the principal
    amount initially borrowed and be free of
    excessive charges.

7
  • We would relentlessly work on the case with
    complete confidentiality and professionalism to
    receive a favourable outcome.

8
  • So if you have taken multiple payday loans with
    several companies and currently struggling to
    settle the debt, then you have a good case. We'd
    love to hear from you!
  • It's worth contacting us as we have a track
    record of success for payday loan refund.
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