Hi Just thought isn't there anything legal that says they have to revert back tot he original borrower once they are in a position to make repayments rather than chase the guarantor for payment? Thanks

Hi Sadly, my ex has nothing but has apparently started a job yesterday so should be in a position to pay FLM now. My sister has given them her debit and credit card details and she has set up a DD. I have asked her to cancel the cards and call her bank to cancel the DD but she doesn't want to do that as Citizens Advice have told her that FLM will take her to court for the money and add on 3% per day while the loan is not being paid. It is getting pretty scary now as next payment is due on 1 March!!

Hi Thank you for all this advice. Good News! Yesterday my friend received a call from the operations director at Mobile Money to say they will no longer be pursuing the car and will return the V5 and MOT to him!! Apparently they will directly pursue my estranged husband for HIS debt, I have had an email confirming this. Let's see if they are true to their word! Thanks again!!!!!!

Yes it does, doesn't it, unless it's someone you can completely trust which just proves you can't ever REALLY trust anyone - not even someone who has taken vows to love, honour & thee endow!!!!!!!!!!!!!!

Hi I hope someone can give me a little advice here! My husband took out an FLM loan in Sept 2010 and my sister agreed to act as Guarantor. My husband has left me and the FLM loan currently stands at about £4,500 - he is refusing to pay it even though he knows that FLM will take the money from my sister's debit/credit card or by any other means. Is there anything I can do to stop my sister having to pay this money - I can't afford to make the payments as he has left me with so many other debts I am struggling to make ends meet & am just managing to keep a roof over my head and feed my son. Any advice would be gratefully received. Thank you

Hi A mutual friend of mine & my husband (who is now my estranged husband) kindly bought a car for my husband to set up a taxi business on 1st Nov 2011. There was no business partnership, just a verbal agreement between the 3 of us that my husband would start to repay £50 per week from 2nd week in Nov to compensate our friend for loss of interest for withdrawing money from his savings account. We also agreed that from January 2012 we would start to set aside larger sums of money so that by then end of the first 12 months of the taxi business my husband would be able to repay our friend all of the money he paid for the vehicle plus the set up costs he also loaned him. My husband left our family home on 1st Dec but continued to run his taxi business. He never paid a penny back to our friend although it was agreed that he should have been paying £50 per week. On Christmas Eve my husband was arrested on an assault charge & our friend took his car back only to discover that my husband had taken a loan against the vehicle with Mobile Money. The issues are - my husband was not the legal owner of the car although he was the registered keeper but the V5 clearly states that it is not proof of ownership, Mobile Money state on their website that you must be the legal owner of the vehicle but they accept the V5 as proof. Mobile Money state that you need to show proof of income, my husband signed for this loan on 29th Nov - he would not have had any proof of income at that stage. The CA and BOS are signed by the same person - an employee of Mobile Money, also they show different figures for monthly repayments. Can my friend argue that the BoS is invalid to protect his vehicle - it's locked away at the moment as he is afraid to use it in case MM turn up to take it away. Thanks

Hi, I tagged this on to another thread but I think that is not allowed so am starting a new thread here: Sorry! A mutual friend of mine & my husband (who is now my estranged husband) kindly bought a car for my husband to set up a taxi business on 1st Nov 2011. There was no business partnership, just a verbal agreement between the 3 of us that my husband would start to repay £50 per week from 2nd week in Nov to compensate our friend for loss of interest for withdrawing money from his savings account. We also agreed that from January 2012 we would start to set aside larger sums of money so that by then end of the first 12 months of the taxi business my husband would be able to repay our friend all of the money he paid for the vehicle plus the set up costs he also loaned him. My husband left our family home on 1st Dec but continued to run his taxi business. He never paid a penny back to our friend although it was agreed that he should have been paying £50 per week. On Christmas Eve my husband was arrested on an assault charge & our friend took his car back only to discover that my husband had taken a loan against the vehicle with Mobile Money. The issues are - my husband was not the legal owner of the car although he was the registered keeper but the V5 clearly states that it is not proof of ownership, Mobile Money state on their website that you must be the legal owner of the vehicle but they accept the V5 as proof. Mobile Money state that you need to show proof of income, my husband signed for this loan on 29th Nov - he would not have had any proof of income at that stage. The CA and BOS are signed by the same person - an employee of Mobile Money, also they show different figures for monthly repayments. Can my friend argue that the BoS is invalid to protect his vehicle - it's locked away at the moment as he is afraid to use it in case MM turn up to take it away. Thank you in advance for any advice you have for me!

Hi I hope someone can give me a little advice here! My husband took out an FLM loan in Sept 2010 and my sister agreed to act as Guarantor. My husband has left me and the FLM loan currently stands at about £4,500 - he is refusing to pay it even though he knows that FLM will take the money from my sister's debit/credit card or by any other means. Is there anything I can do to stop my sister having to pay this money - I can't afford to make the payments as he has left me with so many other debts I am struggling to make ends meet & am just managing to keep a roof over my head and feed my son. Any advice would be gratefully received. Thank you

Hi, not sure if I am allowed to tag on to this thread or maybe I should have started a new one. Sorry this is a long one too! A mutual friend of mine & my husband (who is now my estranged husband) kindly bought a car for my husband to set up a taxi business on 1st Nov 2011. There was no business partnership, just a verbal agreement between the 3 of us that my husband would start to repay £50 per week from 2nd week in Nov to compensate our friend for loss of interest for withdrawing money from his savings account. We also agreed that from January 2012 we would start to set aside larger sums of money so that by then end of the first 12 months of the taxi business my husband would be able to repay our friend all of the money he paid for the vehicle plus the set up costs he also loaned him. My husband left our family home on 1st Dec but continued to run his taxi business. He never paid a penny back to our friend although it was agreed that he should have been paying £50 per week. On Christmas Eve my husband was arrested on an assault charge & our friend took his car back only to discover that my husband had taken a loan against the vehicle with Mobile Money. The issues are - my husband was not the legal owner of the car although he was the registered keeper but the V5 clearly states that it is not proof of ownership, Mobile Money state on their website that you must be the legal owner of the vehicle but they accept the V5 as proof. Mobile Money state that you need to show proof of income, my husband signed for this loan on 29th Nov - he would not have had any proof of income at that stage. The CA and BoS are signed by the same person - an employee of Mobile Money, also they show different figures for monthly repayments. Can my friend argue that the BoS is invalid to protect his vehicle - it's locked away at the moment as he is afraid to use it in case MM turn up to take it away. Thanks

HiNo we did not get it sorted. The guy who was our 'introducer' asked us to leave it for 3 weeks and see if the co-ordinator could find an alternative. That was almost 3 weeks ago and we have heard nothing. We are now planning to move the money back to where we took it from.Hope you get yours sorted. Can I ask was your introducer a chap called Raph and was your Co-Ordinator called Paul?

Are you aware of C & P? Have you heard of this happening before? Thanks

Hi again Just received this letter via email but on headed notepaper from a different pension loan company. I completed an online enquiry form a couple of days ago just to see what the response would be? Would I be mad to risk it? Thanks for all advice! Re.doc

Yep!

Hi The only documents I have now are the letters from the Pension organisations to confirm transfer and receipt of my pension fund. I have spoken to the organisation who are currently holding my pension and I have a letter confirming the bank details of where the pension is sitting. Is this what I should post on here? Thanks

Hi Does anyone know anything about Pension Loans. I completed an online form and someone called me to start the proceedings. Filled in all forms and had pension moved to SIPP. The week I was supposed to receive the loan agreement to sign I had an email to say that the process was being held up as Pension company who had SIPP would not invest as they had been 'warned off' by HMRC as money was being invested for loan purposes. Email also stated that alternatives were being sought and money could be transferred to new SIPP once alternative was in place. Not sure what to do now as my pension is sitting in a SIPP - I haven't heard from 'loan arranger' either. A bit worried as sent lots of ID to them (which has been returned) but could this be a ruse to commit ID fraud. Should I just move my pension back to the original provider? Thanks for any advice!

Hey, thanks for the advice! Elly

Thanks for the advice. Should I just ignore their letter or should I send the dispute letter as they haven't sent me a copy of the CCA and they haven't returned my £1 postal order. Elly

Sorry, here it is again. Hope you can read it this time. Thanks Elly Rockwell 001.pdf

Hi Sorry for delayed response. Cannot save as PDF but here is the letter from Rockwell. Should I respond or ignore? Thanks Elly

Oops. Sorry! How do I find the new thread please? Thanks

Hi I sent a CCA request and received a long letter saying they don't have it but I still need to pay the debt and that they can still demand payment, charge interest, register the debt with Credit Ref Agency, and issue default notice. This is Rockwell Debt Collection agency on behalf of EGG Credit Card. I don't even know if I ever had an Egg card and if I did it would have been about 7 years ago. They say the actions mentioned above are lawful and that this was upheld in the McGuffick V RBS case. Is this correct?

Hi What happens when you request the original agreement and the DCA write back to say they don't have it? Thanks

Thank you so much for that advice and the letter template. Fantastic!

Hi I'm not 100% sure, the original creditor is Creation, which I think was a store card provider for Adams Childrens wear, and I think I may have taken out the card in late 1997 or early 1998. The problem is that I moved abroad in late 2004 and stopped paying it - not purposefully but I think over time I forgot about it and because I wasn't receiving any letters regarding this debt from my previous address in the UK, I didn't make any payments to this account since I left.

Thanks for that - really helps. By the way what does CCA them mean?