Pay day loan refunds – do credit ratings matter?

Pay day loan refunds – do credit ratings matter?

If you’re requesting a quick payday loan refund, your credit score is oftentimes essential as well as the Financial Ombudsman will ask for a normally copy from it.

Current issues with credit such as for instance belated or missed payments, defaults or CCJs and high amounts of other debts need shown a payday lender that you had been in some trouble.

You could get yourself a reimbursement by having a good personal credit record! Most of the time people carried on borrowing for thirty days after month through the exact same loan provider because these were frightened to harm their credit rating. Right here the lending company should continue to have noticed the perform borrowing.

Some loan providers may dismiss your grievance mentioning your credit rating and also you might be uncertain what direction to go next. Does this suggest you simply have case that is weak?Continue reading