Log Book Loans Ltd

meggyweggy · 5th September 2006, 18:11

Hi all,

First post here. I have read through this site and i am a little confused and over whelmed by it all.

In oct last year we took out a "secured" loan through these people for the sum of £2500 which ended up at £2923 by the time they added the first months payment. We were paying just over £400 per month without any problems and no default letters etc. The agreement for the loan was signed in the car park of a local Iceland which i have now seen on the agreement has been classed as "Trade Premises". In March this year they asked if we would like a top up on the loan of £1000. At the time we thought this was a good idea. I got told to meet the reperesentative in a nearby lay by where he showed me the paperwork told me there was nothing to pay for 5 weeks and then off he went. I was told this paperwork would be sent to me, yet to recieve.

In May after recieving two letters saying we owed money, which we immediatly brought up to date we had baliffs appear on the door stating they were there to collect the car. At the time i did not look at the paperwork properly but basically what they were waving under my nose was the court papers that LBL had put through court regestering there interest in the car.

The loan is due to expire in oct but we recieved a phone call from them 3 weeks ago stating that we had missed two payments and were in arrears of approx £800. i have worked out that in loan payments we have paid near on £4000. We have had nothing saying what and if we owe anything in charges.
Were do we go from here and what can we do. We are at a advantage at the moment as have recently moved house and are using our old address and redirection for any correspondance.

meggyweggy · 5th September 2006, 18:13

I have also not recieved any lettes from them stating that we are in arrears

v_j_r · 6th September 2006, 02:40

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meggyweggy · 6th September 2006, 09:17

HI there we are in the lincolnshire area. We got in touch with LBL through a local paper advert. The first one we were told to go to the Cash Convertors in Lincoln to meet her. She was driving a Vauxhall Corsa and the "top up" they got in contact with us and he was driving an MGF.

v_j_r · 6th September 2006, 12:05

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meggyweggy · 6th September 2006, 13:26

Sorry yeah i can see how it is made it confusing. We were told to go to the local Cash Convertors where we were met by a lady she took us to the car park behind (iceland car park) the shop. Where she went to her car took out the forms and then we went across to where my car was. Everything was signed at my car in the car park. We merely met the lady in the Cash Convertors

v_j_r · 6th September 2006, 14:39

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meggyweggy · 6th September 2006, 19:02

Thanks for the replies. We moved end of july and have had a 6 month redirection in place. No have not recieved the agreement from March yet and they had phoned me on my mobile. I have not given them the new house number and have no intention of giving them it. They say we owe them approx £800

v_j_r · 6th September 2006, 20:08

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meggyweggy · 6th September 2006, 20:44

We have been paying that as well at £170 a month. on to of the other loan.

v_j_r · 6th September 2006, 21:40

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meggyweggy · 6th September 2006, 22:15

Yes i am able to supply the redirection paperwork and also the LBL if required i will not be able to do it this evening as i will have to get a scanner to copy it for you. Please can you explain the precarious position with regards to the car and i have informed DVLA of the new address at which the car is kept.

Please could you also say what crimmanl offence could have been commited and is that by me or LBL

meggyweggy · 6th September 2006, 23:16

I have just tried to get the scanner working and not having any luck at the moment, new laptop and scanner not liking each other. I do have the hard copies and can type everything off them minus personal information if you require.

v_j_r · 7th September 2006, 01:37

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meggyweggy · 7th September 2006, 08:17

Thanks for the advice i will try and take a picture of the redirection but i am sure i did just tick everything as you do. Is it worth me sending a letter to LBL telling them i have changed address, as i am about to write to them as the bigger of the two loans is due to endon the 27th October (the one they say we owe about £800 on) requesting outstanding amoutn and any charges.

Tel916 · 8th September 2006, 01:47

* Post Removed, my apologies *

v_j_r · 8th September 2006, 02:50

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Tel916 · 8th September 2006, 03:04

*Post Removed*

v_j_r · 8th September 2006, 03:15

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Boobaby · 9th September 2006, 22:47

Hi Meggyweggy
Just found your thread. Sorry you got involved with this crew - I did also, can't believe I was so stupid but there we are needs must and all that.

Just be careful what information you are providing and to whom.
This site has people that will advise you and will also help you with the way to proceed, most of the donkey work, so to speak must be done by yourself.
If you need Legal advice I suggest you seek that professionally.

There are a number of reasons why people on this site use handles or pseudonyms. One of them I imagine is because we do not know who is accessing this site for specific information/users etc......
Another is because we cannot be identified and therefore are happier to discuss specific problems and ask for advice.
I personally have real problems when asked for specific information especially via a PM as I would hope the information/advice I am given via the questions I ask on this forum will be of some assistance to other users which is not being done when PM's are used.

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