OT Payday loan compo

Hi lads just a quick one, a few will know over the years I’ve had trouble with gambling but final straw came a while back when I couldn’t afford to take my daughter to peppa pig world so vowed to seek help which I’ve done and I’ve not gambled since that day, big thank you to everybody on this board that didn’t judge me but gave advice and assistance really appreciate it

Anyway back to my original point over the years I’ve taken out payday loans to fund that gambling habit and often I was taking out more and more, 4 months ago my mate in work told me to take a look at a website called debt camel who give advice on claiming compo for irresponsible payday lending, so I emailed 10 companies a request for full loan details charges had responses from them within 2 weeks with the information then sent my complaints letters, 5 were rejected so issued those to FOS for them to review as I’ve heard they look in favour of customer and 5 offered me compensation so in total £2200, I am buzzing and possibly will get more with the other 5 sent to FOS

I would urge anybody who took any out to look at debt camel and get cracking

Ironically it's the action of such companies that will stop others getting compensation when all they needed to do was just ask. It's why wonga have gone to the wall leaving many out of pocket. The complaints from the companies cost over £500 for the lending company to investigate and many of the loans were for less than 500 in the first place. With wonga going bust it leaves thousands with no chance of come back. Another risk is other companies may buy the loan book leaving those with loans servicing the debt to another unrelated company. Be careful what you wish for. If you have a concern skip the middleman who wants their own cut and go straight to the loaning company as your first line of complaint

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?

I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?

I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

Thanks mate slowly getting there I still have urges but keeping myself occupied with work and reading is helping.

Well everybody is doing it so thought why not join band wagon I know people who do it get a bad rep but I was in a situation where I should have been declined I simply couldn’t afford them but I see your point entirely

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?

I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

Thanks mate slowly getting there I still have urges but keeping myself occupied with work and reading is helping.

Well everybody is doing it so thought why not join band wagon I know people who do it get a bad rep but I was in a situation where I should have been declined I simply couldn’t afford them but I see your point entirely

I completely understand Wolfpac and wish you well.

As you say it's all part of the "blame" and "compensation" culture we live in nowadays. You do tend to wonder where it will end though. Will alcoholics be entitled to compensation from breweries or supermarkets that sell cheap booze? Will obese people be able to sue food manufacturers for making their products so delicious?

I know I'm but I find myself scratching my head more and more nowadays at so many aspects of life!

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?

I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

Thanks mate slowly getting there I still have urges but keeping myself occupied with work and reading is helping.

Well everybody is doing it so thought why not join band wagon I know people who do it get a bad rep but I was in a situation where I should have been declined I simply couldn’t afford them but I see your point entirely

I completely understand Wolfpac and wish you well.

As you say it's all part of the "blame" and "compensation" culture we live in nowadays. You do tend to wonder where it will end though. Will alcoholics be entitled to compensation from breweries or supermarkets that sell cheap booze? Will obese people be able to sue food manufacturers for making their products so delicious?

I know I'm but I find myself scratching my head more and more nowadays at so many aspects of life!

It is because May of these companies run no credit checks and therefore borrow irresponsibly when they have regulations they should be following for borrowing, that is the main reason.

The fast food comment did make me laugh tho

I’ve no problem admitting I myself was in similar situation to wolfpac and I’m considering using a service to get mine back also as I should never have been given the money either but as I say they don’t run credit checks and 90% don’t add it to your credit file until you default which again is not right cos if it was on there from day one you’d be turned down on second loan

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?

I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

Thanks mate slowly getting there I still have urges but keeping myself occupied with work and reading is helping.

Well everybody is doing it so thought why not join band wagon I know people who do it get a bad rep but I was in a situation where I should have been declined I simply couldn’t afford them but I see your point entirely

I completely understand Wolfpac and wish you well.

As you say it's all part of the "blame" and "compensation" culture we live in nowadays. You do tend to wonder where it will end though. Will alcoholics be entitled to compensation from breweries or supermarkets that sell cheap booze? Will obese people be able to sue food manufacturers for making their products so delicious?

I know I'm but I find myself scratching my head more and more nowadays at so many aspects of life!

It’s no different to endownments and PPI no also poor financial regulation and advice leads to claims

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?

I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

This.

Crazy that people get compensation for signing a legal contract that they weren’t forced to.

Ri f*cking diculous.

This country is a pile of wank.

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?

I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

Thanks mate slowly getting there I still have urges but keeping myself occupied with work and reading is helping.

Well everybody is doing it so thought why not join band wagon I know people who do it get a bad rep but I was in a situation where I should have been declined I simply couldn’t afford them but I see your point entirely

I completely understand Wolfpac and wish you well.

As you say it's all part of the "blame" and "compensation" culture we live in nowadays. You do tend to wonder where it will end though. Will alcoholics be entitled to compensation from breweries or supermarkets that sell cheap booze? Will obese people be able to sue food manufacturers for making their products so delicious?

I know I'm but I find myself scratching my head more and more nowadays at so many aspects of life!

It’s no different to endownments and PPI no also poor financial regulation and advice leads to claims

It is a bit different in that with endowments and PPI these involve an element of advice giving that does not apply when you are looking to borrow money. You could argue that maybe whenever you look to borrow money the lender should give you advise on whether you should be borrowing it or not but with endowments and PPI the claim is that the policies were missold to you when you didn't really need them.

I agree that it's very much part of the same general idea though.

Hi lads just a quick one, a few will know over the years I’ve had trouble with gambling but final straw came a while back when I couldn’t afford to take my daughter to peppa pig world so vowed to seek help which I’ve done and I’ve not gambled since that day, big thank you to everybody on this board that didn’t judge me but gave advice and assistance really appreciate it

Anyway back to my original point over the years I’ve taken out payday loans to fund that gambling habit and often I was taking out more and more, 4 months ago my mate in work told me to take a look at a website called debt camel who give advice on claiming compo for irresponsible payday lending, so I emailed 10 companies a request for full loan details charges had responses from them within 2 weeks with the information then sent my complaints letters, 5 were rejected so issued those to FOS for them to review as I’ve heard they look in favour of customer and 5 offered me compensation so in total £2200, I am buzzing and possibly will get more with the other 5 sent to FOS

I would urge anybody who took any out to look at debt camel and get cracking

Some people here have had a little dig at you Wolfpack - well f@@k them !
Gambling is a terrible evil habit which sucks its victims in and when they're struggling for air the loan sharks smell blood and circle round for their bite at the victim.
I've seen it ruin lives and it can happen to anyone , especially at times when something else is weakening their resolve and once that's happened it's very bloody hard to get out of it.

Those who take advantage of these human frailties are total scum and I for one don't feel sorry for them if they have to pay compensation .
They know very well that they're feeding on the misfortunes of those least able to cope and offering false hopes to desperate people instead of doing honest business or working for a living , so they don't deserve any sympathy whatever when they lose out. Not that the sum which you mentioned will harm them unfortunately because the bastards are earning unimaginable amounts of money 24/7 from vulnerable people because they are allowed to advertise their dodgy services however they like and pay very little tax despite the social destruction and human suffering they cause.

Those who know me are astonished by my strong views on this, because I've been known to bet quite a lot, but betting and gambling are very different things. Bookies don't like people who bet without gambling because they understand what they're doing and use exactly the same logic which they use themselves and so tend to come out on top. No, they like to tempt people who don't understand what they're getting into, don't know how to do it, and can't afford to lose bets.
I wouldn't want to stop people betting any more than I'd like to stop them drinking Whiskey, but neither are things which the general public should be coerced into by advertising without regard to who might be watching , including people already going through some crisis and desperate for an easy way out, or how old they might be .

Same is true for loan sharks.

Anyway, Wolfy, don't take any notice of these parsimonious tw@@s. You've been unlucky enough to have fallen victim to a horrible addiction as any one of us might, but you've learned from it and what doesn't kill us makes us stronger. If I can be of any help don't hesitate to pm me.

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?

I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

Because they preyed on him when he was vulnerable and people who are in that state should have protection from unscrupulous companies who don't follow set guidelines when it comes to borrowing for that very reason.

Banks, Credit Card Companies and other lenders should not be able to lend money to people they know cannot afford to pay it back or are following a pattern of constant lending, what they are doing is immoral and they set people up for a fall deliberately and then charge them extortionate interest rates.

You know as well as I do how it works, in 2016 I lost my Job, I informed my bank as its part of the deal and they would see for 3 months there would be no money coming into the account, within 3 weeks they sent me a letter offering me a credit card with an £8,500 credit limit despite me being unemployed and not even applying for it, a well known high street bank.

They are all as bad as each other from top to bottom, the whole finance industry is rotten to the core and sadly I work is the b*stard (hopefully for not much longer)

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.Condecending to say the least.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?
He's not addicted to payday lenders and I don't know anyone that is.
I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.And thats how you should see the problem,that is,payday lenders in isolation.You may think all people think like you but to some desperate to pay a bill that won't wait or kids that need a meal see that as a desperate last resort.In 2015 the government changed the law and the bottom fell out of the world of Wonga and others of the same ilk.That law change made these companies responsible for the way they operate and more importantly accountable for their actions.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?Many,many people with judgement as good as you or I have fallen foul of these lenders and their practises.Tell me,if these companies found it impossible to operate after the law change doesn't that tell you that they were operating dubiously in the first place.

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?
Wow youv'e obviously thought about this.Nothing outside of a 6 month stint working for the Citizens advice Bureau will change your mind I guess.

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

At this point I should warn anyone who is using a claims company to act on their behalf against Wonga to contact them as now they are now in adninistration.They may end up paying out a very low percentage in the pound on any settlement but the claims company acting on your behalf may not.So for instance if you get say a grand settelment you claims company will take their cut(normally around 25%)which in this example is £250.Your problems start if they only payout 5p in the pound but your claims agent still want their £250.

Hi lads just a quick one, a few will know over the years I’ve had trouble with gambling but final straw came a while back when I couldn’t afford to take my daughter to peppa pig world so vowed to seek help which I’ve done and I’ve not gambled since that day, big thank you to everybody on this board that didn’t judge me but gave advice and assistance really appreciate it

Anyway back to my original point over the years I’ve taken out payday loans to fund that gambling habit and often I was taking out more and more, 4 months ago my mate in work told me to take a look at a website called debt camel who give advice on claiming compo for irresponsible payday lending, so I emailed 10 companies a request for full loan details charges had responses from them within 2 weeks with the information then sent my complaints letters, 5 were rejected so issued those to FOS for them to review as I’ve heard they look in favour of customer and 5 offered me compensation so in total £2200, I am buzzing and possibly will get more with the other 5 sent to FOS

I would urge anybody who took any out to look at debt camel and get cracking

Some people here have had a little dig at you Wolfpack - well f@@k them !
Gambling is a terrible evil habit which sucks its victims in and when they're struggling for air the loan sharks smell blood and circle round for their bite at the victim.
I've seen it ruin lives and it can happen to anyone , especially at times when something else is weakening their resolve and once that's happened it's very bloody hard to get out of it.

Those who take advantage of these human frailties are total scum and I for one don't feel sorry for them if they have to pay compensation .
They know very well that they're feeding on the misfortunes of those least able to cope and offering false hopes to desperate people instead of doing honest business or working for a living , so they don't deserve any sympathy whatever when they lose out. Not that the sum which you mentioned will harm them unfortunately because the bastards are earning unimaginable amounts of money 24/7 from vulnerable people because they are allowed to advertise their dodgy services however they like and pay very little tax despite the social destruction and human suffering they cause.

Those who know me are astonished by my strong views on this, because I've been known to bet quite a lot, but betting and gambling are very different things. Bookies don't like people who bet without gambling because they understand what they're doing and use exactly the same logic which they use themselves and so tend to come out on top. No, they like to tempt people who don't understand what they're getting into, don't know how to do it, and can't afford to lose bets.
I wouldn't want to stop people betting any more than I'd like to stop them drinking Whiskey, but neither are things which the general public should be coerced into by advertising without regard to who might be watching , including people already going through some crisis and desperate for an easy way out, or how old they might be .

Same is true for loan sharks.

Anyway, Wolfy, don't take any notice of these parsimonious tw@@s. You've been unlucky enough to have fallen victim to a horrible addiction as any one of us might, but you've learned from it and what doesn't kill us makes us stronger. If I can be of any help don't hesitate to pm me.

I don’t think people are digging at him they are digging at the system that allows compensation for someone who borrowed money, albeit at a silly rate, but nevertheless asked to borrow that money.

The result is gonna be that now people will not be able to get money without a credit rating which means one of two things. Pawn items (that belong to them or have been stolen) or loan sharks. Both far worse than wonga or any of the others.

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.Condecending to say the least.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?
He's not addicted to payday lenders and I don't know anyone that is.
I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.And thats how you should see the problem,that is,payday lenders in isolation.You may think all people think like you but to some desperate to pay a bill that won't wait or kids that need a meal see that as a desperate last resort.In 2015 the government changed the law and the bottom fell out of the world of Wonga and others of the same ilk.That law change made these companies responsible for the way they operate and more importantly accountable for their actions.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?Many,many people with judgement as good as you or I have fallen foul of these lenders and their practises.Tell me,if these companies found it impossible to operate after the law change doesn't that tell you that they were operating dubiously in the first place.

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?
Wow youv'e obviously thought about this.Nothing outside of a 6 month stint working for the Citizens advice Bureau will change your mind I guess.

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

At this point I should warn anyone who is using a claims company to act on their behalf against Wonga to contact them as now they are now in adninistration.They may end up paying out a very low percentage in the pound on any settlement but the claims company acting on your behalf may not.So for instance if you get say a grand settelment you claims company will take their cut(normally around 25%)which in this example is £250.Your problems start if they only payout 5p in the pound but your claims agent still want their £250.

Thank you Sneggy for absolutely ripping my post to pieces.

If I came across as condescending I did not mean to. Indeed the original poster did not take the offence to my first post that you seem to have.

I was also not suggesting that he was addicted to payday loans - his addiction was to gambling which was being fed by the availability of the payday lenders.

Nobody is forced to take out these loans against their will and I am delighted that these companies can no longer prey on vulnerable people who do not have the self control to resist what they are offering.

As mentioned in my other post where does it end with the compensation though? Alcoholics are offered cheap deals in pubs and supermarkets. We live in a country where there is a "drinking culture" - there can be no doubt that alcoholism also ruins lives and imposes a terrible cost on the individual and their families so should alcoholics be entitled to compensation from brewers and retailers who are encouraging them to feed their addiction?

Anyway, thanks for ripping me a new one.

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.Condecending to say the least.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?
He's not addicted to payday lenders and I don't know anyone that is.
I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.And thats how you should see the problem,that is,payday lenders in isolation.You may think all people think like you but to some desperate to pay a bill that won't wait or kids that need a meal see that as a desperate last resort.In 2015 the government changed the law and the bottom fell out of the world of Wonga and others of the same ilk.That law change made these companies responsible for the way they operate and more importantly accountable for their actions.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?Many,many people with judgement as good as you or I have fallen foul of these lenders and their practises.Tell me,if these companies found it impossible to operate after the law change doesn't that tell you that they were operating dubiously in the first place.

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?
Wow youv'e obviously thought about this.Nothing outside of a 6 month stint working for the Citizens advice Bureau will change your mind I guess.

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

At this point I should warn anyone who is using a claims company to act on their behalf against Wonga to contact them as now they are now in adninistration.They may end up paying out a very low percentage in the pound on any settlement but the claims company acting on your behalf may not.So for instance if you get say a grand settelment you claims company will take their cut(normally around 25%)which in this example is £250.Your problems start if they only payout 5p in the pound but your claims agent still want their £250.

Thank you Sneggy for absolutely ripping my post to pieces.

If I came across as condescending I did not mean to. Indeed the original poster did not take the offence to my first post that you seem to have.

I was also not suggesting that he was addicted to payday loans - his addiction was to gambling which was being fed by the availability of the payday lenders.

Nobody is forced to take out these loans against their will and I am delighted that these companies can no longer prey on vulnerable people who do not have the self control to resist what they are offering.

As mentioned in my other post where does it end with the compensation though? Alcoholics are offered cheap deals in pubs and supermarkets. We live in a country where there is a "drinking culture" - there can be no doubt that alcoholism also ruins lives and imposes a terrible cost on the individual and their families so should alcoholics be entitled to compensation from brewers and retailers who are encouraging them to feed their addiction?

Anyway, thanks for ripping me a new one.

Fair play you took it like a man,I was expecting a torrent of abuse. I used to hold a similar type of view to yourself but after doing a bit in the CAB and watching my sister-in-law knowingly drink her self to death despite the desperate attempts to help her making value calls under extreme pressure is not so common.

Wolfpac,

I do not know you at all and I have no idea how awful it must be to have an addiction to something like gambling, drugs, alcohol etc. Congratulations on getting things under control and hopefully you will never have the same addictive problems again.Condecending to say the least.

But I am intrigued as to why you feel that you, and people like you, should be entitled to compensation for your addiction?
He's not addicted to payday lenders and I don't know anyone that is.
I certainly have no admiration for the payday lenders who are widely recognised as being the last place anyone should go to to borrow money at the interest rates they charge.And thats how you should see the problem,that is,payday lenders in isolation.You may think all people think like you but to some desperate to pay a bill that won't wait or kids that need a meal see that as a desperate last resort.In 2015 the government changed the law and the bottom fell out of the world of Wonga and others of the same ilk.That law change made these companies responsible for the way they operate and more importantly accountable for their actions.

But surely it was your free choice to go to them and keep going to them to borrow money at what you must have known was a very high rate of interest. You mention "irresponsible payday lending" but surely there must also be a concept of "irresponsible payday borrowing". Nobody was making you keep borrowing money from these companies even though you must have realised the financial position you were putting yourself in?Many,many people with judgement as good as you or I have fallen foul of these lenders and their practises.Tell me,if these companies found it impossible to operate after the law change doesn't that tell you that they were operating dubiously in the first place.

Please do not take this post as a go at you personally - it really isn't. I'm just curious as to why you think you should be compensated for something that you did of your own freewill whilst obviously knowing the consequences of your actions?
Wow youv'e obviously thought about this.Nothing outside of a 6 month stint working for the Citizens advice Bureau will change your mind I guess.

Anyway, as I said above I really hope that you've been able to beat that addiction for good.

At this point I should warn anyone who is using a claims company to act on their behalf against Wonga to contact them as now they are now in adninistration.They may end up paying out a very low percentage in the pound on any settlement but the claims company acting on your behalf may not.So for instance if you get say a grand settelment you claims company will take their cut(normally around 25%)which in this example is £250.Your problems start if they only payout 5p in the pound but your claims agent still want their £250.

Thank you Sneggy for absolutely ripping my post to pieces.

If I came across as condescending I did not mean to. Indeed the original poster did not take the offence to my first post that you seem to have.

I was also not suggesting that he was addicted to payday loans - his addiction was to gambling which was being fed by the availability of the payday lenders.

Nobody is forced to take out these loans against their will and I am delighted that these companies can no longer prey on vulnerable people who do not have the self control to resist what they are offering.

As mentioned in my other post where does it end with the compensation though? Alcoholics are offered cheap deals in pubs and supermarkets. We live in a country where there is a "drinking culture" - there can be no doubt that alcoholism also ruins lives and imposes a terrible cost on the individual and their families so should alcoholics be entitled to compensation from brewers and retailers who are encouraging them to feed their addiction?

Anyway, thanks for ripping me a new one.

I hope your apology is sorry not sorry.

He had no right to rip you a new one.