Thread: Associates | Citi-financial | Connaught Collections

Originally Posted by tobinuk

Hi all,

After reading several posts and threads etc i have finally decided to take action against Citi-finanial!

I originally took out 2 seperate loans in a short amount of time back in 1998/1999 via "The Associates" (now known as citi-financial).

The first loan was for some car audio equipment which i got on finance. The shop used "The Assocates for their "Buy Now, Pay Later" scheme!

Later I purchased some alloy wheels to the sound of £1,200 which again were bought from a car accessories shop, who also used "The Associates" for their finance sales.

NOW.....

Because the time period involved (1999 ish) i no longer have any documents relating to the original loan agreement/s. But im so sure i was pressured into buying Personal protection insurance and advised that the loan probably would not go through without it!!

AND.....im sure i was sold the PPI on each loan i took out with them!!
(This is wrong!....Right?)

The way i feel is that i was a spotty 17/18 just itching to get my fianance and i was strung along so the loan arranger could get his commission and ultimately " the associates" would profit.

I have contacted citi-fianance as they bought out the associates and asked for a copy of my original loan agreements. She replied that i should write a letter stating my request along with any details that would help identify the request, i.e;

Previous addresses
work details
rough year of the loans....blah , blah, blah!

And send a cheque for £1....he he

The loan has been passed over to connaught collections, who im currenlty paying £10.00 per week off the debt of £1991.56

I contacted Connaught today to tell them the situation and ask who the debt was being paid to, associates or citi-fianancial....Citi-financial it is!
At the end of the conversation when he was clear of my intentions he then randomly said...

" We sent a letter recently to you offering a early settlement because of me making continous payments. He stated that it was to reduce the debt by 50% (£1991.56 - 50% = £995.78)

He then stated that because of was on the phone he was willing to reduce by another whopping 50% (£995.78 - 50% = £497.89)
and spread it over the next 2 months??!!

Is this despairation?
Do i have a case?
Have they been instructed by laon companies to do this?

Any of your thoughts are welcome and appreciated to whether i may have a case and if i should pay off the loan and still continue with the claim, or would i have no case once its paid?

Thanks in advance

Question is was PPI attached to this in any way?

if it was you need to get the documentation by submitting a Subject access request then when you have all the data you sift it compile your claim to get your PPI back.