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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 9th August 2006, 13:55   #1 (permalink)
Boobaby
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Default Log Book Loans!! *****WON*****

Please could someone let me know if they've had any dealings with this organisation. I am assuming they are country wide and only, as far as I am aware deal with providing finance on owned vehicles.

Last edited by Boobaby; 9th August 2006 at 19:45.
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Old 9th August 2006, 23:09   #2 (permalink)
Boobaby
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Question No one heard of Log Book Loans???

These people are the real epitomy of Loan SHARKS!!!! £1000 borrowed ended up selling car to pay them back a phenomenal amount within the year. Payments missed due to hospital admission then repayments spiralled out of control etc... Would appreciate anyone who has had any dealings with them coming back to me ASAP.
Thanks
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Old 10th August 2006, 22:10   #3 (permalink)
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Default Re: Log Book Loans!!

i had dealings with this crowd. After paying loan off, the finance seems to be still registered on vehicle. Must check my account details to c if i can claim back excessive fees.
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Old 10th August 2006, 22:51   #4 (permalink)
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Default Re: Log Book Loans!!

Quote:
Originally Posted by nathal
i had dealings with this crowd. After paying loan off, the finance seems to be still registered on vehicle. Must check my account details to c if i can claim back excessive fees.
Thank goodness for that I was beginning to feel like the only muppet to take up a loan with these sharks!! I know I acted foolishly but I was in hospital for almost three weeks and then off work for four months seriously ill. They couldn't have cared less they lent the money they wanted it back immediately. Not the best crew deal with and certainly not the most sympathetic!!
When you check on the finance also make sure you've had your log book back I had to request mine three times!
Just in the process of typing up Data Protection Act....
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Old 11th August 2006, 00:27   #5 (permalink)
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Default Re: Log Book Loans!!

Yeah, had to request my log book 2 times. You should be able to get a account summary and charges of them without Data Protection Act which would save u £10
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Old 11th August 2006, 17:06   #6 (permalink)
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Default Re: Log Book Loans!!

Quote:
Originally Posted by nathal
Yeah, had to request my log book 2 times. You should be able to get a account summary and charges of them without Data Protection Act which would save u £10
Should I just give them a ring or what, cos I have completed a draft of a letter got from another subscriber on this site in readyness to send?
Thanks
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Old 12th August 2006, 14:25   #7 (permalink)
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Default Re: Log Book Loans!!

Take a look at the thread entitled "LBL Ltd" in general consumer!, i just come back from a short break and have been helping another user liamarkfin on these forums.

What i need is all people who have had dealings with this outfit as far back as 1999 - 2004 and/or to date? to contact me please!.

Last edited by v_j_r; 12th August 2006 at 14:29.
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Old 12th August 2006, 15:09   #8 (permalink)
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Default Re: Log Book Loans!!

Quote:
Originally Posted by v_j_r
Take a look at the thread entitled "LBL Ltd" in general consumer!, i just come back from a short break and have been helping another user liamarkfin on these forums.

What i need is all people who have had dealings with this outfit as far back as 1999 - 2004 and/or to date? to contact me please!.
Hi there
You said you wanted people who had had dealings with this outfit, I'd be one of those classic fools!
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Old 12th August 2006, 15:26   #9 (permalink)
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Question Re: Log Book Loans!!

Quote:
Originally Posted by v_j_r
Take a look at the thread entitled "LBL Ltd" in general consumer!, i just come back from a short break and have been helping another user liamarkfin on these forums
I checked out that thread as you said - poor little lambs he's had some experience and no fault of his? The last entry was 29th July has there been an update?
You seem to know what you are talking about with regard to these people - I am guessing that you have either worked for them or you have had extensive dealings with them, how can I help?
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Old 12th August 2006, 16:23   #10 (permalink)
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Default Re: Log Book Loans!!

Trust me you aint seen anything yet!, the majority of the replies were taken to PM's. As you can guess most if not all information is of a personal sensative nature and therefore not on public view, there are some 27 Pm's of advice and info.:o

As regards to an update all i can say is they LBL Ltd had already sold his car, i am awaiting there next move? and an update from liamarkfin.

With regards to your posting what actually is your problem? when did you take out the agreement? and where & when?.
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Old 12th August 2006, 17:08   #11 (permalink)
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Default Re: Log Book Loans!!

Quote:
Originally Posted by v_j_r
With regards to your posting what actually is your problem? when did you take out the agreement? and where & when?.
I don't feel comfortable posting all of the information you require on an open site - I am quite happy to give you the information but would prefer to do it via PM. If you still requite that info then please PM me.
Thanks
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Old 15th August 2006, 20:34   #12 (permalink)
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Default Re: Log Book Loans!!

hi i took out a £1000 loan last july constantly got charge £20 arrear letter charges had car clamped which cost over £800 to get removed paid last payment in july then got a letter saying i owed them £512 in charges and threatened to take car paid it got log book back after a few phone calls but not my spare key coded key which the said they dont have can i claim thes charges back please help must have paid them over £3000 attdt25
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Old 15th August 2006, 21:29   #13 (permalink)
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Exclamation Re: Log Book Loans!!

@attdt25:

Sorry to hear you also have problems and i probaly can help,the one thing i need almost immediatley is sight of any agreements/Documents before any advice and or action can take place.:o

I also need the details of branch and or any offices where the loans were taken out, sorry about this but one of the main aim's is to prove you are a genuine customer and forum user first "No documents no advice" period.

These documents etc can be sent direct to my e-mail upon request, and all information remains strictly confidential at all times.
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Old 16th August 2006, 00:34   #14 (permalink)
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Default Re: Log Book Loans!!

I do not wish to cause any alarm, but it is important that the following statement is seen by all members.

V_J_R - I have contacted you directly but wish to make it clear to everyone that this is certainly not an allegation that any user in this thread has acted inappropriately...

************************* ***********************

Our site is run on the basis that all help and advice is free and it benefits the whole community if this information is posted on the forums, so that others in a similar situation can view the material.

Sometimes, users have details that they would prefer to keep private, especially if it is of a personal nature etc. This is understandable and PMs are a good way to communicate in this scenario.

However, we have recently been made aware that some users, posing as caring individuals, may indeed work for organisations that charge for their services and have found threads or posts where another member is facing a problem, then PM the user to offer 'assistance'.

It only becomes apparent that this help is not entirely 'honest' at a later stage.

If you receive an unsolicited personal message that you believe contains an invitation to deal with another organisation, please make this known to a moderator on the site. You can forward these PMs directly to us if you prefer.
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Old 16th August 2006, 02:22   #15 (permalink)
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Default Re: Log Book Loans!!

Advice given privately in good faith may not work out leading to the possibility of action against the individual if the recipient has a bad result due to following the advice. Also there is the opportunity for others to correct or add to the advice?

Most people are not using real names and you can xxxx private info if necessary. My banking business is private but I doubt you know me so don't worry about personal details.
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Old 16th August 2006, 19:21   #16 (permalink)
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Default Re: Log Book Loans!!

rang log book loans today and they said they will send me a copy of original loan agreement but deny ever having the key to my car? lets see if it turns up !!
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Old 16th August 2006, 19:49   #17 (permalink)
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