Blemain Finance For building insurance @admin charges after 05/12/2011 they stopped charging interest Total £184.25 to 15/12/2015 C Isheet total of charges £90.00 compound interest £61.53 total £151.53 Statint sheet monthly payment of PPI £432.00 8% simple interest 204.74 total £227.26 Total charges for letters, building insurance, phone calls, admin from 18/01/2007 to 05/02/2015 total of £866.28 Blemain Finance have offered to credit charges totaling £190.00 Loan past term balance as of 17th August 2015 £1,552.89 The loan was paid up on time but they say there is 0.42p outstanding which I have sent in cheque to cover this. Where do I go from here and thank you for all your help.

Took a loan out with Blemain Finance in 2006 for £5000.00 ....finished in 2011 never missed a payment my end, however the first direct debit they didn't call for in January 2007, I phoned them and asked why not they said if I sent a cheque and they would call for direct debit in February we would be back on track. No mention of being in arrears. Which I did this. Loan finished in November 2011 (all 60 payments made) and they said I still owe them £1,243.30. I have spoken to Blemain about this they say its down to charges for not having building insurance the house has been fully insurance all the time each yr I have sent copies but they say they don't receive them. I made several complaints to Blemain Finance which is always in their favor, plus I have involved the Ombudsman which was a complete waste of time because there are no records, as the person has left. I now still owe in 2016 to settle the loan and to remove the charge they want £1500.00. The finance agreement was a fixed sum loan agreement is there anyone who could look at this to see if its correct. I have also told Blemain Finance that I am in a IVA and they are still serving me with default notices. I have contacted my IVA people and they don't want to know.....need help!! Also does anyone know how they calculate their interest? I total their insurance charges up and fees to £462.00, so how do they calculate interest on that and made a sum of £1,243.30?