My ex-partner has applied for a pay day loan in my name without my knowledge

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bev
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by bev » Mon Jul 17, 2017 1:33 pm
I have been in an IVA since January 2018. With a build up of debt and ex partner gambling problems, I could see no other option but to start an IVA. I believe it will be the best choice I ever make. However, I just realised this month that my ex-partner has applied for a pay day loan in my name. It has shown up on my credit profile. The money is getting paid back straight away, it was for £400. I don't know how he managed to do it and it has made me furious. I was worried that my IVA company would fail my IVA because of it. What do you suggest I do?
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kallis3
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by kallis3 » Mon Jul 17, 2017 2:01 pm
Hi,

Firstly speak to the company and explain that it was not you who took out the loan and also speak to your IVA company and explain.

Report him to the police for fraud and also possibly, for deception.
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MerlinL14
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by MerlinL14 » Mon Jul 17, 2017 2:42 pm
Other than your Ex partner being a rat, you need to report the pay day loan company to the Financial Ombudsman as they clearly didn't carry out the regulatory and legal checks that they are required to do. Don't feel guilty doing this as it could end disastrously if your Ex fails on any payments. As suggested, also inform your IVA company, stipulating that the loan was without your consent or knowledge.
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Ryan
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by Ryan » Mon Jul 17, 2017 4:10 pm
Hi Bev,

Have to agree with everything Kallis said. Also make sure the Lender removes all trace of the loan from your Credit Reports as these days having taken these in the past will prevent some Lenders looking to lend to you in the future (on Mortgages in particular).

Best of luck.
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Lisa Thomas
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by Lisa Thomas » Tue Jul 18, 2017 1:43 pm
Report him for fraud.
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