Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Hi i wonder if you can help me, im worried for my son,my son who is now 22 bought a car from a car place advertised on tv.As he was only 19 at the time he had to get his father to stand as gaurantour (his father and i were divorced at this time)My son was under the impression this was if he didnt pay payments they would ask his father to pay.Anyhow to cut a long story short my son settled up early.Then a few months later he received a letter stating he had a 2nd loan to pay off when he questioned it they said no this was for the PPI.Apparently the ppi was added to original loan andded together to give the interest.My son was shocked as he thought the settlement included this.He is now 3 yrs after settling up having to pay 200 a month to clear this debt.Is there anything we can do as the car was sold 3 yr ago when he thought he had settled up?
Hi i wonder if you can help me, im worried for my son,my son who is now 22 bought a car from a car place advertised on tv.As he was only 19 at the time he had to get his father to stand as gaurantour (his father and i were divorced at this time)My son was under the impression this was if he didnt pay payments they would ask his father to pay.Anyhow to cut a long story short my son settled up early.Then a few months later he received a letter stating he had a 2nd loan to pay off when he questioned it they said no this was for the PPI.Apparently the ppi was added to original loan andded together to give the interest.My son was shocked as he thought the settlement included this.He is now 3 yrs after settling up having to pay 200 a month to clear this debt.Is there anything we can do as the car was sold 3 yr ago when he thought he had settled up?
Hello Dantracy,
Did your son agree to have ppi on the loan.
Personally I would send them a Subject access request for all of the info they hold on him. and also a section 77/78 CCA request to see a copy of the original credit agreement to see what he signed up for.
If any of my posts are helpful, please feel free to click my scales. All information is given as my opinion only, based on my own personal experiences. I have no legal training, but have educated myself in aspects of consumer legislation. My motto "NEVER GIVE IN, NEVER SURRENDER", THERE IS A WAR ON YOU KNOW
Hi My son had just passed his driving test 19 yr old and someone was saying here its your car just sign here as long as you can make the payment.His father had no dealings with loans etc in the past as i did it all when we were married so he wouldnt of known what he was signing.
Am subscribing to this as my son is in a similar position regarding PPI. He bought a car in March 2006 through Approved Car Finance. The actual cost of the car was £5837 but he also agreed to PPI at £3529 plus interest at 39.9%!!!!!. The loan was over 5 yrs. It was not made clear that he didn't have to have it and he didn't know that he could buy loan protection elsewhere for much less. He handed the car back after a few months because he couldn't afford the repayments. he now still owes them about £18000 for something he no longer has!!! If anyone can offer any advice on this I'd be eternally grateful.
BTW,this was a single premium payment. Can we just write and cancel it?
Hello Moggie,
Welcome to the forum, Can you start your own thread please, so we can follow and advise you.
If the PPI is still running, write to them and cancel it. Get all of the information you can and them reclaim it back.
If any of my posts are helpful, please feel free to click my scales. All information is given as my opinion only, based on my own personal experiences. I have no legal training, but have educated myself in aspects of consumer legislation. My motto "NEVER GIVE IN, NEVER SURRENDER", THERE IS A WAR ON YOU KNOW
I would just write a simple letter stating that from (date) you wish to cancel the payment protection insurance. Tell them that you need written confirmation of the cancellation in 7 days.
If any of my posts are helpful, please feel free to click my scales. All information is given as my opinion only, based on my own personal experiences. I have no legal training, but have educated myself in aspects of consumer legislation. My motto "NEVER GIVE IN, NEVER SURRENDER", THERE IS A WAR ON YOU KNOW
car loan ppi matty
.Apparently the ppi was added to original loan andded together to give the interest
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Originally Posted by dantracey
Re: car loan ppi matty
