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Wonga not removing affected loans from credit files


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A friend received an email that their loan was being written off as per their new lending criteria.

 

They received the following info in their email :

 

What happens next

 

We will automatically clear any outstanding debt you have with us and your balance will be set to zero. This will be done by the end of October 2014. You do not need to do anything.

 

We are working with the relevant credit reference agencies to remove records relating to this loan from your credit report. We expect this will take between three to four weeks to be completed. This will be done automatically and there is no further action required from you.

 

When he checked his credit file today the loan has not been removed but marked settled. This is not what their email says, it clearly say's records should be removed. Anyone else have the same problem?

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A friend received an email that their loan was being written off as per their new lending criteria.

 

They received the following info in their email :

 

What happens next

 

We will automatically clear any outstanding debt you have with us and your balance will be set to zero. This will be done by the end of October 2014. You do not need to do anything.

 

We are working with the relevant credit reference agencies to remove records relating to this loan from your credit report. We expect this will take between three to four weeks to be completed. This will be done automatically and there is no further action required from you.

 

When he checked his credit file today the loan has not been removed but marked settled. This is not what their email says, it clearly say's records should be removed. Anyone else have the same problem?

 

He should write to Wonga reminding them of their obligation and copy in the FCA for information. I don't know if this has happened to others or not, but I suspect it's likely if it's happened to one ......

 

What's Best for You?

 

 

The Consumer Action Group is a free help site.

Should you be offered help that requires payment please report it to site team.

 

Alliance & Leicester Moneyclaim issued 20/1/07 £225.50 full settlement received 29 January 2007

Smile £1,075.50 + interest Email request for payment 24/5/06 received £1,000.50 14/7/06 + £20 30/7/06

Yorkshire Bank Moneyclaim issued 21/6/06 £4,489.39 full settlement received 26 January 2007

:p

 

Advice & opinions given by Caro are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

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He should write to Wonga reminding them of their obligation and copy in the FCA for information. I don't know if this has happened to others or not, but I suspect it's likely if it's happened to one ......

 

 

Yes, he is doing that. One credit file even shows it as still defaulted.

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