Consumer Action Group envelope labels
You are part of a community of over 195,000 people.
Let your bank know that you won't give in.
Display one of our labels on your envelopes.
 Full description here
Sheet of 20 self-adhesive envelope labels
£3.50 inc p&p
|
Reclaim the Right Ltd. - reg.05783665 in the UK
reg. office:- 923 Finchley Road
London
NW11 7PE
| | | | CAG Announcements
| |
Welcome Guest
Please register
Registration is free
There are no charges for using any of the facilities of this website.
If this is your first visit, be sure to check out the FAQ.
You will have to register before you can post.
To start viewing messages, select the forum that you want to visit from the selection below.
You will also have to register to access our template letters and claims forms
registration is free
Are you being threatened over debts more than 6 years old?
This may be unfair
See our new Unfair Trading Guide Bought an extended warranty?
Not satisfied?
The warranty may be an example of unfair trading
See our new Unfair Trading Guide Have you been defaulted?
Would you like to clean up your credit file?
Check it out
Hold the Front Page!!
News updates
The Consumer Forums front page Have you been defaulted?
Would you like to clean up your credit file?
Check it out
| | | | | | Debt Collection Industry Advice on how to deal with debt collectors.
Are you receiving distressing phone calls? Are you recording them? Why not? | Welcome to The Consumer Action Group
and
The Bank Action Group
Before beginning to claim your bank charges be sure to read the FAQ by clicking the link above. Read it carefully and also read as much of the forum material as you can manage before you start claiming your bank charges refund.
You will have to register before you can post or view the materials which may assist you in reclaiming your penalty charges: click the register link above to proceed.
To start viewing messages, select the forum that you want to visit from the selection below. Understand what you are doing and you will be able to Reclaim the Right more effectively.
Why don't you come and introduce yourself in the Welcome section at the top of the forum. Then have a look around the rest of it.
Do not post or start claiming until you have read the entire FAQ section and step by step guides and you have a good basic idea of what to do and of the layout of the forum.
Good luck claiming your bank charges. We strongly suggest that you register under a UserID and not your own name |  | 
22nd March 2007, 03:41
|
#1 (permalink)
| | Classic Account Customer
I am in: Corby Northants
Posts: 296
|  Re-financed loan that wont go down
I took out a loan with HFC (then Benificial Bank) in 1993 to buy a car for £5000. Since then, due to circumstances and to lower the payments the loan was re-financed in 2000. I asked the bank for details of what I owed and was sent statements and a copy of an agreement. This agreement did not state that it was to re-finance a previos loan and there was no indication that the previous loan was paid-up. This agreement has my signature but NO signature from the bank. The opening balance of the new loan was now £7560 (after 7 years). I queried this with the bank but had no reply.
The debt has been passed to DCA (Weightmans) as I then only sent them a token payment out of frustration.
I also had a phone call from Weightmans theatening to put a charge on my house to recover the debt but I refused to co-operate.
It looks like it will take me about 200 years to pay them at my present rate and since I am 63 now and on benefits, I think that there may be a problem.
What is my best way forward? | 
|  | |
22nd March 2007, 19:47
|
#2 (permalink)
| | Platinum Account Customer
I am in: sane
Posts: 1,358
| Re: Re-financed loan that wont go down
Quote:
Originally Posted by trevor33  I took out a loan with HFC (then Benificial Bank) in 1993 to buy a car for £5000. Since then, due to circumstances and to lower the payments the loan was re-financed in 2000. I asked the bank for details of what I owed and was sent statements and a copy of an agreement. This agreement did not state that it was to re-finance a previos loan and there was no indication that the previous loan was paid-up. This agreement has my signature but NO signature from the bank. The opening balance of the new loan was now £7560 (after 7 years). I queried this with the bank but had no reply.
The debt has been passed to DCA (Weightmans) as I then only sent them a token payment out of frustration.
I also had a phone call from Weightmans theatening to put a charge on my house to recover the debt but I refused to co-operate.
It looks like it will take me about 200 years to pay them at my present rate and since I am 63 now and on benefits, I think that there may be a problem.
What is my best way forward? | Bump someone please.. Not sure myself about refinanced loan and how they should be set out etc etc- someone will be along soon to help I'm sure | |
| | |
22nd March 2007, 20:06
|
#3 (permalink)
| | Platinum Account Customer
I am in: Ashton Under Lyne
Posts: 4,230
| Re: Re-financed loan that wont go down
If there's no sig by the bank it's not executed is it? Simple as.... | |
| | |
6th April 2007, 03:17
|
#4 (permalink)
| | Classic Account Customer
I am in: Corby Northants
Posts: 296
| Re: Re-financed loan that wont go down
Quote:
Originally Posted by diskmandave If there's no sig by the bank it's not executed is it? Simple as.... | dave
I have sent a Subject Access Request request to HFC for all statements going back to 1993 and true copies of all credit agreements under CCA.
I did not specify the deadline under CCA but gave them 40 days.
Can I default them after 14 days using CCA if I did not specify.
Trevor | |
| |
Reclaim the Right Ltd. - reg.05783665 in the UK reg. office:- 923 Finchley Road London NW11 7PE
Search Engine Friendly URLs by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.
|
