Do You Qualify For A Payday Loan Refund?

If we look at the complaints registered with the Citizens’ Advice Bureau about payday loan firms, around 76% of complainants filed cases for a refund or compensation. You could also need to seek a refund. If you have taken a payday loan against your name and you want to seek compensation, you may want to find out if you quality to file a complaint.

Here are instances where you qualify for a payday loan refund.

Reasons You Can Seek A Refund Or Compensation

Customers may seek compensation or a refund for a number of reasons. According to research studies, about 30% complaints are about lenders who take out money via a recurring payment. About 20% customers filed complaints that fraudulent loans were taken out in their names. Below are some of the common reasons you may file a complaint about a payday loan lender.

Fraudulent loans

Lenders have to verify a customer’s identity before issuing loans. Unfortunately, the verification is not done very carefully. As a result, many customers end up filing cases that loans were taken out in their names. If this has happened to you, contact the lender right away. If they don’t seem to help you, go to the Financial Ombudsman Service.

Harassment

As far as calls or text messages goes, it is difficult to decide what is considered harassment. Lenders are not supposed to make a call or send you a message after 8pm; however, if they do, you can sue them.

Recurring payments

Typically, the collection of payday loan repayments is done through CPA. It authorizes the lender to make a request for money to your bank. But they are meant to spell it out as well as explain the way you can go about canceling payday loans. Besides, they let you know prior to taking money out. Here it is important to note that some lenders keep trying all day long if the money is not deposited in their account in the morning, which means you, the customer, may be charged a good amount of money.

Unclear Repayment amount

Make sure the repayment amount is clearly mentioned on the lender’s website. On some lenders’ sites, you can find sliding scales that you can use to know the total cost of your loan. You can go for a refund if the repayment amount is not clear.

Your financial situation

Lenders consider a lot of factors, such as your age, employment, mental health, income, credit history and income before giving money out. If they have not done the checks and you can’t afford the repayments, you ask for a refund.

Repayment problems

If you are finding it hard to repay your loan, the lender is supposed to work with you to come up with an arrangement. For instance, if you have a good repayment plan in mind, they shouldn’t charge further interest and other charges.

In short, if you have faced any of these problems with your payday loan, you may want to let the lender know. If you don’t get a reasonable response, you should take your case to the Financial Ombudsman. This authority will decide if you deserve a payday loan refund or compensation after carefully reviewing your case.

It is best to use the services of a financial firm specializing in claiming payday loan refunds. They make the entire claims process a hassle-free one helping from the start to the end. This include filling out the application form right up to referring your case to the financial Ombudsman. However, you need to hire a company that knows what you are doing as well as one that won’t mount your debts further by way of processing fees.

You sought out a payday loan to resurrect yourself from a financial crisis. However, you only spiraled further into debt. You can claim a payday loan refund if it was mis-sold to you. Allegiant Finance Services can help you make your payday loan claims in quick and easy way at the lowest cost.

The War On The War On Carbs

For those that love carbs, you’ve been taking a beating lately. Don’t eat carbs, they make you gain weight say the “experts”. Lately, there has been a complete war on carbs and as someone who loves their carbs… it’s time to start a war on the “war on carbs”

Carbs are essential, there’s just no getting around it. Whether your goal is to lose weight or increase sport performance, you’ll just do yourself a disservice if you abandon our friend the carb. For all high intensity, short duration activities, muscle glycogen is the source of energy and muscle glycogen comes from… carbs. Even endurance activities of moderate intensity use glycogen as 50% of your energy needs. In fact, the one limiting factor on your sport performance will be the lack of availability of carbohydrates. Even during low intensity exercise when your body uses a higher percentage of fat as its fuel source, it takes a good supply of carbohydrates to fuel that process. Ever play a sport or involve yourself in a high intensity workout program and you hit the proverbial “wall”… that’s because your body has a lowered supply of glycogen EVEN THOUGH your body has a great supply of fat. Want to perform better… eat your carbs.

What if you want to lose weight; surely you need to decrease your carb intake. After-all, carbs MAKE you fat right? Carbohydrates provide you with variety, necessary nutrients and volume to your diet.

Recommended ranges for carb intake is between 45-65% of your total intake. Weight loss occurs when there is a calorie deficit and not a particular macronutrient profile.

Weight loss occurring on low-carb diets is generally attributed to 2 things… a lower overall calorie intake and loss of body mass. Ever start a diet that restricts your carb intake and seen great results in the beginning weeks? Lower carbs mean lower muscle glycogen stores. For every gram of glucose lost through glycogen you also lose 2.7 grams of water with it. This loss of glycogen combined with water loss is the contributing factor in the initial big losses seen.

Some studies you will read (actually the newspaper headlines you will read… very few read the actual studies) will tell you that we are gaining weight faster than ever even though our fat intake is down. This is partially true. The PERCENTAGE of fat intake in our total diet is down but the actual grams of fat consumed is unchanged all while the total calories consumed in our diets has increased. As well, most studies rely on self-reporting and people generally report eating less than they actually do.

Consider in the 1900’s the typical diet had a higher intake of carbohydrates and a lower intake from fat. Even though our dreaded enemy the carb was consumed at a greater rate, we have only seen the rise of weight issues in the past few decades. In short, the increase in the rise of weight gain we see as a society is largely due to increased calorie and decreased activity.

So, here’s what is so good about carbs:

1. They provide nutrients that you can’t get from fat or protein
2. Adds bulk to your diet
3. Stabilizes blood sugar levels
4. An adequate supply of carbs in your diet spares your body from turning to protein as an energy source meaning that protein can do its job.
5. It’s the body’s preferred energy source
6. Your brain only uses carbs as its energy source
7. You need carbs in order to fuel the process of fat burning

All this doesn’t mean run out for a dozen donuts. Select good choices of veggies, fruit, whole grains… eat ’em up… yum!

Losing weight doesn’t have to be so complicated. Like they say, there is more than one way to skin a cat and there is more than one way to lose weight. Don’t let your fitness plan be swayed daily by the changing tides of news headlines.

The Fast and Effective Tips For Getting Payday Loans

Online pay-day loans fall into the category of short-term loans that are available at standard interest rates. They are approved at least within ninety days in between the next pay-day. While you can obtain this type of fund from the office of a reliable lender, there is also the provision where you can acquire it through a reliable online finance company. This article will highlight on a few important tips that you should consider in order to get a pay-day loan from a reliable finance company by all possible means.

The first step that you should follow is to do a bit of research to find out a reliable finance company that provides this type of loan by all possible means. All you need is to visit the website of the company in order to learn its essential policies as much as you can. It is vital that you should check out if it charges hidden charges from you at any point of time. You should check out the interest rates that you will be charged and you should also try to find out the total amount of fees that you will be charged if you fail to pay it back at the right time.

The second step that you should follow is to find out websites that contain reviews of this type of organization in the best possible way. If you are unable to find out any such review about it then it is advisable that you should try out other sources as well. All you need is to visit the local agency to find out any such review as quickly as possible. If you find a negative review or rating, it is advisable that you should look out for an alternative option as quickly as possible.

Once you have determined to obtain the service of this type of company, the next step that you should follow is to find out the total amount of money that you need to meet your financial requirement. Your next step is to find out if this type of company asks you for any fee if you do not pay it back within the scheduled period of time.

You should try to gather the necessary information in order to fill up the application form for this type of fund in the best possible way. It is vital to remember that the necessary information that are required to fill up this form include the details of bank account, address, telephone number, age verification certificate, social security number, employment proof, contact information of your current employer and so on.

Once you fill up the application form completely, it is advisable that you should wait patiently till it is approved within the scheduled period of time. It is vital to remember that this type of company approves it within three or four days after you have submitted your application form. In fact, this kind of company uses email in order to get in touch with you and it even sends email in order to inform you even if it is not being approved within the scheduled period of time.

Once it is approved within the scheduled period of time, this type of company can transfer your money without any kind of delay. It is vital to remember that if you allow this type of company to access your own account, it means that it can take out money that you actually owe it whenever the day of payment arrives.

If you think that you will not be able to repay the total amount of money within the scheduled period of time, it is advisable that you should renew it as quickly as possible. Although it will charge you a few amount of money, it will however not charge you a high amount of money as late fee.

Quick payday loans help you to get money fast especially during financial emergency. If you want to get this type of short term cash loan it is important that you must find out a reliable lender as quickly as possible.