sppsnrsh
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Is this the same log book loans aka Nine regions ltd?
If so i took out a loan of £1200.00 and had to pay back £2539,00 which is more than double the loan amount and is robbery. I have now finished paying the loan back however the company want £603.00 for phone calls and letters for so called arrears.
I have just recieved a notice of termination saying if i dont pay the arrears they are coming to take my car.
Just wanted some advice to help me out? Is what they are doing legal?
Log Book Loans took my car....
in Log Book Loans / Bills of Sale
Posted
Hope anyone can help, took a loan out with LBL, nearly finished the loan , they have put extra charges on me for late payments £12 for a phone call £12 for a letter which i think is over the top, i have recently become unemployed i have tried explaining this to them but they still want me paying £30 a week , is there anything i can do with these charges because they are building up to £600, i origanally borrowed £1200 and i payed a total back of £2500 thanks in advance