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.
I had a loan with Intelligent Finance from 2000-2003. During that time I missed one payment and got charged a hefty "penalty". This turned into nearly two years of penalties and also my current account was getting battered as there wasn't enough funds to cover the loan payment. Got into a bit of a vicious circle as i couldn't afford to pay the loan and the extra charges on both accounts.
Both accounts were sent to a debt collection agency and a default was put on my credit record. I paid the debt collection agency straight away,
I understand that claiming back charges on my current account is ok, but am I able to claim for charges put onto my loan account. They were between 30 and 40 every month?
Posted the DPA letter off 29/03/2006 recorded delivery.
I did hold a current account, credit card and loan with this institution. I remember over a 2 year period they charged me a lot of money. The account was subsequently defaulted, due to extortianate charges and sent to a debt collection agency. I paid off this, but ended up still paying way more than the original loan was.
I estimate Intelligent Finance ilegally applied charges somewhere in the region of £4000, but will need to wait until the paperwork comes throught to calculate it all.
Charges on a Loan?
agency and a default was put on my credit record. I paid the debt collection agency straight away,
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Re: Charges on a Loan?
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