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, sorry if I have posted in the wrong forum, as this is my first post and really hoping someone can help.
The problem is with a hire purchase agreement with car dealership. I`ll try to be brief.
My daughters (age 18) boyfriend (18) went to try and buy a car on finance and was refused, the salesman said she could apply to buy it and they could tranfer the deal into his name after the first payment came out of her account.
She explained she only worked part time, 16 hrs earning 350 a month, and did not have a driving license, they told her no problem, if anyone asks for your driving license tell them you`ve lost it. She supplied her passport and one bank statement for photocopyng and signed the deal. the finance was through Bank of Scotland.
The company had excepted a fax of her boyfriend as being insured for the car, as the company assured them he could obtain insurance in his name as the car would be registered with Dvla in his name. they then took possesion of the car. They later explained how they had obtained the car to the boyfriends mother who explained that HP cannot be transferred, this made them panic, as she cannot afford a £6,253 loan on her income but had niavely believed the sales people, and they tried to return the car the next day, they left the car and the keys.
At this point they phoned my home informing me that she had obtained this finance, giving details of finance, and they would be delivering the car back to my address. this they have done and posted the documents through my door.
Surely this is irresponsible behaviour in lending and misinformation by the sales person to secure the signature for a loan? Is there anything we can do?
There are a couple of things you can do depending on if they want to keep the car or not.
The boyfriend can make the payments through her, but I would get a legal agreement signed by them in case the relationship fizzles out. If the agreement lasts the full course with no missed payments, this would up her credit rating, of course if they have a problem later then it will affect her credit rating.
You could contact the finance company and tell them that you have been sold this finance under pressure and lies and would they terminate it, especially if no installments have yet been made.
You could contact the boss of the car dealer and explain that you will seek legal advice and notify the fos if they do not end it and take the car back.
The head man of the dealer is probably not aware of the way this finance has been sold.
Trading Standards wants your help
Dubious website businesses Conterfeit alcohol and cigarettes Illegal sales of alcohol, tobacco, knives & fireworks to children Cowboy builders or tradesmen Car clockers Counterfeiters Aggressive selling
Never phone or accept phonecalls from debt collection companies.
If you don't believe you can win, there is no point in getting out of bed.
_________________________ ________________ _________________________ ___________________
.....and the OFT would nowadays take a very dim view of motor dealers who sell use such underhand methods to sell their cars - the last thing the dealer would want to do is lose his Consumer Credit Licence.
Help with dodgy car dealer
.
Reply With Quote
