your most welcome

it is gud to see - i get mine through credit expert... they offer the whole 1 month for free thing.... ive found them really usefull and whenever ive had any problems their call centre have been really efficient and nice too.

thanks

i do really appreciate your help. ill wait for welcome to get back to me and upload the agreement - just in case ive missed something!!!

and thanks for the welcome - its good to be here... ive only just realised ( after 6 years of abusing debt etc) that i really need to get my act into gear - my credit score improved from 100 to 500 ish points in 1 year ( wohooooooooo) so onwards and upwards!!!

okay im starting to understand it all a bit more now...

so basicly - long story short..... i should pay more attention to what i sign

i am working abroad at the moment ( makes the whole 9k on a car im not even driving seem worse). i come back every 12 weeks.... so i wont have access to the agreement unless they email it me .....i can have a go at asking

im actually trying not to vomit over reading my own words- 9k for a car- stupid stupid stupid tia

confused - if i didnt want to keep the car why wud i be paying nearly 9k!?

ps. thanks for your concern guys

no its HP .... (ow ).........oops forgot to mention that... welcome actually called me back ( i know im picking my own jaw from the floor).... my account manager has proudly informed me that she noitced ive been charged for two letters in july at 20 quid each and she doesnt know what for......... me neither my payment history is spotless. so anywho she is raising it to the complience team.... is this a result?

* forgot to add they are also charging me "£100 option to purchase".... i asked my account manager at welcome ... she says she doesnt know what that means.... im not sure if that comforts me or not!?

im very close to loosing my temper.... if i didnt love my car so much id drive it into their office......literally.

at least i made these mistakes early in life.....im never going anywhere near welcome ever again.....id rather couge my eyes out. saving for me from now on!

i posted succsessfully - woop woop.. also got a reply so used my new info to call welcome and talk about this discrepancy.... anyway... after explaining to me for 20 minutes why she was too busy to talk right now... my " account manager" told me she would call me back in one hour - as she is busy ... i tried to explain that im busy too - but nothing... apparently she needs to check with the IT team because the computers may be broken..... and thats why they are giving an incorrect settlement fee.... mmmm " computer says no anyone!?"

forgot to ass that $ are actually striling but my keyboard does not have a pound sign...

please can someone help me

• November 23rd settlement figure $3124.40
  
• October settlement figure $3338.10
  

I've done a few calculations:

Total debt ( $8901.36) – Amount Paid So Far ( $5681) = $3220.36 ( amount remaining if paying for 36 months)

Then I moved on to calculate what the benefit of me paying 12 months early would be…….

Again some more calculations:

Amount remaining if paying for 36 months ($3220.36) – settlement figure ( $3124.40) = $95.96

This means for an early repayment "reduction" of $95.96.

I've been advised that the settlement figure = (Balance at the time – interest – acceptance fee)

Now if I were to work out the interest (3000) over the 3 years I would think that this would be 3000 divided by 3. Meaning that the interest I pay is roughly 1000 per year….

Therefore, I could only assume that If I were to pay 12 months earlier – the 1000 would be deducted??

Am I missing something?!!?

I checked my credit expert file too and it says on there that i owe 300 quid.... soemthing seems fishy

hello beyondhope - thanks so much for your reply! ive managed to locate how to start a new thread - wish me luck !!!

please can someone help me ( im sorry for using the same thread but im being a bit stupid and cannot figure out how to start my own

• November 23rd settlement figure $3124.40
  
• October settlement figure $3338.10