Billy Bremner
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Thanks dx. She has never looked at her credit file so I am going to try and help her do it tomorrow. Pretty sure she hasn't reached the one third mark but I'll check with her tomorrow. I just read the unaffordable lending thing and didn't really understand it. I do know it mentions a Voluntary Termination is available in her paperwork. The car is on a public road but I could get her to move it to my drive if this helps. She was on benefits while she lived at mine too. She only really had money for the car because I let her stay for free. Many thanks for getting back to me. I'll try to find out more tomorrow Regards Billy
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Thanks for replying Lolerz. She has done nothing as yet apart from being unable to pay the last payment or two. I believe the finance is with Black Horse. She has had the car about a year and the finance has about 3 years or slightly less to run with an option at the end to return the car or pay a large payment to keep it. Thanks
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I hope someone can offer advice. Asking on behalf of my daughter who has mental health issues and can't cope with this sort of thing. Thanks in advance. My daughter, who is on benefits due to quite severe mental health problems, purchased a car through Cinch. I think it was between £8,000 and £10,000. I appreciate it's probably not their business to check on affordability, but at the time I thought it ridiculous she could buy such an expensive car while on benefits. This happened about a year ago I think. Fast forward to now and as she has moved out of my house, where she lived free, and moved into a privately rented place she can no longer afford to pay for it. These things happen and I'm certainly not blaming anybody. I just want to be able to help her out of the situation with as little drama as possible I was thinking maybe best just to let them repossess the car ,which I guess they will do eventually ,or inform them of the situation to speed up the repossession. Then apply for something like a DRO to deal with the finance shortfall which I think will be a considerable amount as the car is not in a good way. I would be really grateful for the opinions and suggestions of the kind and helpful people I know use and run this site. Many thanks, Billy.
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I would be really grateful if anybody can offer advice on this. My stepdaughter had a payment arrangement with Marsden's for an outstanding water bill. They recently changed the date of her direct debit causing one payment to "bounce". as a result, they then sent a letter to say that unless the full amount is paid now they will come to take goods and she doesn't need to be there when they do which sounds like a threat to break in and help themselves when she's at work. She is aware she owes the money and is happy to continue paying as per the previously agreed payment plan but they only want the full amount which she cannot afford as it's several hundred pounds. She is several months pregnant and has already suffered a couple of miscarriages so the stress is something she really doesn't need. Any advice would be greatly appreciated. Cheers all.
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Thanks for replying. The biggest debt was originally with Very catalogue . The original catalogue account was from over 20yrs ago probably. She first had problems paying maybe 15 years ago but doesn't know when defaulted Now down to 1200 ish from 6K ish. This is on her Credit Report as a debt to Arrow with no dates or a default etc'??? The second is Argos Card services Was opened in 2002 Timescale as with above debt. Listed on Credit Report as owing 300 ish with no default date. Thanks Billy
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