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kaz4

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Everything posted by kaz4

  1. I will try and do it if I can
  2. Can anyone help me, my brother died about 6 weeks ago, he did not leave a will he had a house with a mortgage on it and also a secured loan which he took out 3 years ago with swift advances the loan was for £8.000 and now 3 years later they want £21,000 to end it or thay will repossess the house, my parents live in the house and have done for several years, He was registered disabled so do you think it has been mis-sold, I am hoping to buy the house so my parents can continue to live there but I can not afford to pay off the secured loan, can anyone help.
  3. Hi not sure but have copy of second loan and below the key Financial info it has a box saying other Financial information like this Total charge for credit Cash Loan LPI Total Loan 4164.00 £1178.02 £5342.02 Anual intrest 17.48%
  4. Hi, Loan 1 £8,000 over 5 years @ 12.9% repayments £178.92.+ LPI £1725.07. £38.58 per month. Loan 2 £8,220.00 over 5 years @ 18.9% repayments £264.79+LPI £2325.38. ££58.39 per month
  5. Hi I just joined this site and hope someone can help me, I have just found this out from my parents. My parents who are both pensioners took out a loan with tsb, for £8000 and they had LPI £1725.07 Total 9725 at 12.9% APR. this was 3 years ago. In March 2008 the bank contacted them if they wanted to renew the loan, which would pay off their credit card debts, and leave them with some extra cash. So they went to the bank and after a short interview they were told they could renew their loan but it would cost them an extra £56.00 per month, so my parents were under the impression the existing loan they had and there credit card debt would be cleared and the new payment would be £270.50. but this is what happened. The bank didnt consolidate the other loan, but took out another loan for them for £8,220.00 + £2325.38 LPI( which only pays on death) and the APR is 18.9%. They are now paying £479.29 every month, with the rest of their bills it means they are now living beyond their means They also told them they had switched them to a Platium account, and they lost their overdraft which they had had for 44 years, they are now in debt, and I am trying to help them, What can I do I would be grateful for your advice. I am so furious with TSB taking advantage of them like this, because they too proud they have only just told me about this, it has affected my mum very badly, and made her quite ill. My Dad has gone back to work part time, at the age of 68 years. I want TSB to pay for this!
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