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chebrashka

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  1. Thanks for replies. The loan was over 104 weeks. They are also asking for a years interest to be paid up until 2010 ?? Surely if it is paid off now I shouldnt be liable to pay this interest ? I will post up the scanned court writ papers later today as well as the original agreement. Im sure the amounts in the writ are wrong, im still awaiting trading standards to get back to me also. Statement of account requested today. I no longer have the car, so no need to worry about it being taken away.
  2. Hello I took out a log book loan in Jan 2008 for £1700. In november 2008 I had financial difficulties and defaulted Nov 15th. I was sent a termination notice Dec 15th. I phoned them in December to ask how much I owed them, they sent me a settlement figure of almost £3000. Today I got a writ ( i live in scotland ) aking for the £3000 plus my car, if they cant gain posession of the car then they want another £2700 ?? I have already paid them £1900 so in total they are asking for £7600 for the initial loan amount. I have contacted tradng standards and im awaiting their response. Do the figures sound right ? and why has the amount I owe them doubled in less than a month ? They also call it hire purchase rather than a bill of sale. Thanks
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