Sunny13
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Log book nightmare Mobile Money
Sunny13 replied to Sunny13's topic in Log Book Loans / Bills of Sale
Thank you so much. Looks like I'll be doing some reading later. Much appreciated. x -
Log book nightmare Mobile Money
Sunny13 replied to Sunny13's topic in Log Book Loans / Bills of Sale
Yes I signed bill of sale when I gave them my logbook when I took the loan out x -
Log book nightmare Mobile Money
Sunny13 replied to Sunny13's topic in Log Book Loans / Bills of Sale
Sorry to ask Im not very clued up on all these matters. What would I say in my complaint? That I think they have charged me unfairly? That the amount paid is almost 4 times the amount if the initial amount lent? I'm not sure how I'd word this. ...any pointers appreciated x -
Log book nightmare Mobile Money
Sunny13 replied to Sunny13's topic in Log Book Loans / Bills of Sale
Thank you. I have a statement at home. I shall dig it out later. Would my best bet to go to the ombudsman's regarding this? Even tho they've repossess the car? -
Log book nightmare Mobile Money
Sunny13 replied to Sunny13's topic in Log Book Loans / Bills of Sale
36 months ...... I fell into arrears a couple of times and the debt kept mounting up..... they've taken my car now and have said they'll auction it off and Ithen will set up a payment plan for me to pay off the rest coz my car isn't worth more than 500 -
Hi Guys, Im new to the forum and was looking for some advice. I foolishly took out a log book loan out on my car in May 2014 with Mobile Money. The original amount was for £2800 with a monthly payment of £358. I ran into problems health wise and I lost my job.. .I made a series of payment arrangements with them but still found the payments hard to keep up and I got into arrears, A default notice was issued for £2200 in arrears but I couldn't afford it and they wouldn't let me pay a smaller amount it had to be in full or theyd repossess my car, I have in total paid them over £9000 and they still say I owe them £1300 on top of the arrears. They have repossesd my car and to get it back I have to pay them the full £2200 for the arrears plus repo fees and then I still have another £1200 to clear the loan. Is there anything I can do? thanks in advance
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