I've received a letter from a debt recovery company which are asking me to pay for a payday loan from 2014. However, the total amount is almost £100 more than the 100% cap which the FSA placed on fees and interest. They are refusing to reduce the total amount to the maximum (double the original loan).
Can it be enforced if the amount it 'illegal'?
Submitted January 22, 2018 at 08:29AM by throwaway-ccprob http://ift.tt/2DYt9W8
