Payday Express today - Take it Easy Mag

[asmilecostsnothing]

http://www.people.co.uk/magazine/real-life/2012/04/15/i-m-trapped-in-a-cycle-of-debt-102039-23822730/

 

Quick everybody , a new name that is public for Payday Express in the link for above article in one of the paper supplement mags today !

 

I particularly like the bit where he says... "There have been a lot of newcomers to the industry who act unregulated and do not ahere to the strict code of conduct" !!!! excuse moi ! think they need to take a reality check!

 

So Marcus, how do you get justify taking double interest payments?

 

Is this really the Payday Express we know I'll have to keep pinching myself... yeah it's ok you can say I have a vendetta against em! rant over!

 

Hope the name helps someone!

[renegadeimp]

Could always send in a reply to that article and let them know what theyre really like.

[asmilecostsnothing]

Haven't got twitter though but ha result just found their address so I'll educate them !

 

[fernack]

Are Payday express linked to Quick Quid does anyone know thanks x

[asmilecostsnothing]

no fern don't think there is a connection, but then you never know!Their all as toxic as each other really in one way or other x

[willnotdoitagain]

Just been reading the link.

It is easy to say we are unregulated, but we comply to the same codes of conduct as Credit Card companies regulated by Consumer Finance Association.

So I went on the website http://www.cfa-uk.co.uk/codeofpractice.asp

 

10. It says Offer a modified repayment schedule that will pay down the outstanding debt in a manageable manner for those customers who encounter significant repayment difficulties, and give details of free advice services that can help customers who have financial difficulties or repeatedly delayed or missed payments.

 

Payday Express should read this themselves

 

Not sure whether Quickquid and Payday Express are linked but I recieved a letter from Payday Express & Wonga and on both the envelopes had the same address on if they were undelivered.

[fernack]

Thanks. I only asked as we have been getting loads of silent calls from Payday Express and then yesterday we got a letter demanding payment of £xxx plus costs and default sums etc and as far as I am aware we have never had any dealings with this company. OH did use Quick Quid. You are right too ---- nothing but bottom feeding parasites the lot of them .....

[Guest Poguesy]

They really make you laugh sometimes.

[toptrapper]

CFA are a trade body, set up to defend their members at all costs. They are not independent so don't be thinking any investigation (should they decide to undertake one) will be impartial.

 

Their CEO, John Lamidey is a former Director of the Consumer Credit Association - another trade body.

 

Have a looksie at the youtube clip below of Mr Lamidey in action - do you think he is the most appropriate to be heading up a "Financial" institution?

 

[renegadeimp]

I think my Lamidey needs to go back to school to learn maths as well as how to form a semi decent analogy.

[toptrapper]

Exactly renegadeimp. I wouldn't be confident allowing the CFA to run a bath, never mind run an impartial investigation.

[renegadeimp]

CFA is an independant business. Nothing more. Similar to how the BBB is in the U.S.A. It has NO authority or power, and is very easily bought.