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Go Back   The Consumer Forums > The Consumer Forums
Debt Action Group > Log Book Loans / Bills of Sale

Log Book Loans / Bills of Sale They have also been known as 'Chattel Mortgages', but whatever the name - this is the place to get advice.


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Old 18th November 2007, 00:08   #1 (permalink)
tatty0001
Basic Account Customer
Default log book loan help and advice needed plz!!!!!

hi there from a newbie.
im looking for some advice and hopefully some help on a lbl matter.
After reading alot of posts in the forum thought that u guys might be the ppl to help. now to the point.
i have a loan with logbook for 750 and im about 6 mnths in, thing is about 3 weeks ago i hit some black ice and wrote my car off completely, was in hospital but still managed to pay my payments bar 1. the thing is this, the other day i read thru my documents to see it says u must have valid fully comp ins, but my ins when taking the loan was tpft. also i keep getting letters at least 2 a month charging me 12 a shot, saying im overdue but to my calculations im not ive foned them about this but with no avail.
i have read in sum otha posts there is sum1 who will look at the contracts and bill of sale(or whatever it is called) and tell me if there valid.

as of yet i havent told them about the car.

any help on this matter would be gratefull


many thanks
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Old 18th November 2007, 00:39   #2 (permalink)
Lula
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Default Re: log book loan help and advice needed plz!!!!!

Hi there, I am not an expert on this matter, but i will get this posted on the appropriate forum and an expert will be along to help you.
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Old 18th November 2007, 00:41   #3 (permalink)
tatty0001
Basic Account Customer
Default Re: log book loan help and advice needed plz!!!!!

thanks alot.
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Old 18th November 2007, 11:09   #4 (permalink)
tomterm8
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Watch out, there are Claims Touts about!

Challenge your credit file?

Join Date: Apr 2007
Posts: 5,177
tomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritative
Default Re: log book loan help and advice needed plz!!!!!

I would pm sequenci. Have you checked whether they have registered a bill of sale?
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Old 18th November 2007, 11:23   #5 (permalink)
ChloeJane
Platinum Account Customer
Default Re: log book loan help and advice needed plz!!!!!

Hi Tatty,

The Office of Fair Trading is seeking all complaints about Log Book Loans. There have been many complaints.

Phone the OFT and register the complaint and any relevant details.

The number is
  • OFT telephone enquiries:
    08457 22 44 99
Even if you just register the Complaint it adds to their case and is important as well as finding out information here as they are notorious for being heavy handed and charging unwarranted fees.

All the best.
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Old 18th November 2007, 14:02   #6 (permalink)
tatty0001
Basic Account Customer
Default Re: log book loan help and advice needed plz!!!!!

hi, i havent checked whether the bill of sale is registered as i dont know how. i will phone the oft tomorow when i get time. but what should i say?

who is sequenci? will he be able to help me better.

many thanks
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Old 18th November 2007, 14:06   #7 (permalink)
tomterm8
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Watch out, there are Claims Touts about!

Challenge your credit file?

Join Date: Apr 2007
Posts: 5,177
tomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritativetomterm8 Authoritative
Default Re: log book loan help and advice needed plz!!!!!

Quote:
Originally Posted by tatty0001 View Post
hi, i havent checked whether the bill of sale is registered as i dont know how. i will phone the oft tomorow when i get time. but what should i say?

who is sequenci? will he be able to help me better.

many thanks
http://www.consumeractiongroup.co.uk...er.php?u=21294

If you look to the right, under the box with the avatar (picture) you will find a box with contact info, and "send a private message".

Sequenci is an expert at bill of sales.
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