I took out a 10year secured loan from Ge money ten years ago

this was transferred to prestige finance in November 2015 .

The loan is at an end but I still owe 3800 .

There are charges and interest on charges on this account approx 2000 without any interest etc .

Can I claim these back I believe if I could it would clear the balance left .

Also I've got to still pay this and cannot pay the whole amount .

Do I offer to pay the same amount as I have been 600 per month ?

Will they charge me more interest ?

Also if I can claim who do I claim off Ge or prestige ?

get an sar running now get all the statements.

they cant levy unlawful penalty charges

nor charge int on them.

is the charge still showing?

I've got all the statements there are loads of charges including solicitors charges from when I was going to take them to court once ( it never happened ) but they charged me 500quid for it .

I presume I claim off Ge ?

Ge are a very hard nut to crack

but if you took them to court, more info please

yes you can reclaim those too

normally not so if twere the other way around

Don't suppose I've got anything to lose ? Also if they are unlawful how do they get away with it ?

they cant add the £500 sols fees without a court order.

they cant add the £500 sols fees without a court order.

So without them taking me to court?

you took THEM to court

they cant charge YOU legal fees for doing that!!

without a costs order from a court they cant add any fees for any civil action, whether you sued them or they sued you.

You ask how they get away whith adding unlawful charges

- the answer is that most people are ignorant of what is right and what is not.

People who use these loan co's tend to be desperate and dont bother to consider the repercussions of signing up with them.

Now you have a bit of light on the matter hopefully you will take the time to look at all of this properly and then get reclaiming waht has been improperly charegd plus the interest on that money..

in November 2016 I wrote to prestige who ge sold /transferred the loan to

I got a reply saying sorry to hear I was dissatisfied with the service provided and they were unable to comment on the admin of the loan prior to the transfer on 6/11/2015 and for me to comntact gemoney regarding the matter .

I telephoned ge regarding this yesterday and the reply I got was to put the complaint in with prestige and it was up to them to liase with ge head office?

I rang prestige and got no joy

im taking it I need to send any relevant info letters to ge head office?

ive done a spreadsheet but im not sure the charges and or interest don't seem a lot comparted to what IVE PAID IN THE LAST 10 YEARS .

might be better to put that up as a PDF

upload

http://www.consumeractiongroup.co.uk/forum/showthread.php?330996-Latest-Spreadsheets-PPI-Claims-and-Charges-Claims-Dec-2011

use the CISHEET at their int rate.

put that in cell d15

I think this is the CISHEET and at their interest rate

Get reclaiming all of those fees from GE, the closer it gets to a court hearing, the more they offer to settle.

I assume your goal is to wipe what they allege is owed? Should be easy to achieve if you follow the correct advice here.

Been there with these and they not so tough to beat.

Yes that's the aim the figures I have put up don't include the £500 if or the solicitors fees I will add them in see how I go

Post them up for checking over removing any pers info pls

Attach the spreadsheet

what do I do about additional interest charged ? this seems to be quite a substantial amount ? Also im having bother getting / posting to this thread (which I started ) I can only reply by quick post . Why is this please?

That's the only way anyone can reply!!

Attach your spreadsheet

Follow the upload guide

You don't inc interest

That's what the sheet calcs

hopefully ive done this right

ge charges cag.xls

Looks OK to me

Ok so I will send this to ge then even though prestige now own the account ?

Get reclaiming all of those fees from GE, the closer it gets to a court hearing, the more they offer to settle.

I assume your goal is to wipe what they allege is owed? Should be easy to achieve if you follow the correct advice here.

Been there with these and they not so tough to beat.

Did you send a letter to their head office? Do you have a thread about how you did it that I can read ?

Looks OK to me

There are other solicitors charges bit from them taking me to court it never actually got there as I paid the arrears before the court date . Can I claim these . I thought I couldn't but another post on here says you can ?

Dx has linked you to my ge thread, read it to the end.

To answer yr questions;

Additional interest is charged because you didnt pay on time so the outstanding balance was higher than if you had made the payment, perfectly legit and none reclaimable.

Solicitors charges;

Debateable but i would always include them, just to give you more room for manoeuvre when it comes to negotiations re settlement.