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kokobhu

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About kokobhu

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  1. Thanks once again for your response. I am afraid that is not what they were saying ( pls check out pdf attached) the refinanced base figure on the contract is £1382. 03 plus another £400 which I assumed is the interest on top of which as stated on the contract bring it to 1782.03 to be paid in 26 installments of £70 pm which I have been doing. To date I have paid £1680 which is 24 payments. leaving just one more payment in January and the 32.03 mentioned in the agreement. Paying till June at £70 a month means that the agreement is not 26 payments as stated in black and white on the agreement and the figure is no longer 1782.03 any more but £2162.00. This is what beats me. The outworking of the agreement as suggested presently as declared by LCCU no longer bears any resemblance to the terms and conditions under which we agreed. I have attached the agreement and its terms and conditions in pdf for your perusal. I am not sure how to go about resolving this.. I will be very grateful for any direction and advice in this matter.
  2. Thanks for your response. Yes I was provided one but i can't understand it anyway. I took the loan on the terms stated in the contract/agreement (attached herewith). To the best of my understanding its all included in any payment. i have included here copies of the statement and agreement, just incase I am missing something...
  3. Hello guys. I need some advise on a loan I took out in September 2012. The was from a Credit union for £2,000. The terms of payment for the loan was very excruciating at £190.00 per month. When I enquired I was told it was because of my citizenship but luckily my British citizenship was already in the pipeline so when it came through a month later I approach them for a lower repayment rate which they agreed to at £70 per month @ 26 months. By the time of refinancing the loan was already down to 1382.03 and according to the new refinancing terms the total payment will be £1782.03 to be completed by January 2015. I have paid from from January 2013 till present making altogether 24 payments of £1680 leaving £102.03 to pay. So you can understand my absolute incredulity when I requested for an update on the account and I was informed that the loan will not as initially mentioned end in January but in June! the person in charge then said it was a mistake they made in their calculations. But by my calculations and statements I don’t see why I should still be paying till June 2015, it really beats me as to why and neither can they give me any cogent explanation to explain. Any advice please as to how to resolve this? Will be most appreciated..
  4. Hello guys. I need some advise on a loan I took out in September 2012. The was from a Credit union for £2,000. The terms of payment for the loan was very excruciating at £190.00 per month. When I inquired I was told it was because of my citizenship but luckily my British citizenship was already in the pipeline so when it came through a month later I approach them for a lower repayment rate which they agreed to at £70 per month @ 26 months. By the time of refinancing the loan was already down to 1382.03 and according to the new refinancing terms the total payment will be £1782.03 to be completed by January 2015. I have paid from from January 2013 till present making altogether 24 payments of £1680 leaving £102.03 to pay. So you can understand my absolute incredulity when I requested for an update on the account and I was informed that the loan will not as initially mentioned end in January new outstanding balance of £376.94. The person in charge said it was a mistake they made in their calculations. By my calculations and statements I don’t see why I should still be paying till June 2015, it really beats me as to why and neither can they give me any cogent explanation to explain. Any advice please as to how to resolve this? Will be most appreciated..I have attached my the two agreements before refinancing and after.To my best recollection I have signed no other agreements apart from these.
  5. ..I am thinking it might be a good idea to S.A.R HFO, at least that way they will have to reveal what they have on file, just thing about cases similar to mine..what do think guys?
  6. Guys help out, I need some pretty sharp advice here.I have suffered enough
  7. Hi Guys, I just discovered that I had actually s.a.r welcome finance back in 2009 , in the heat of this onslaught from HFO, but in the document they sent to me even as I look closely tonight, there is no mention of HFO! or a DCA, or an onward transfer of the debt, it only hints the date when the debt was written off. HFO was supposed to be in the picture well before this disclosure, why then didn't it mention HFO or include any deed of assignment if indeed such ever took place, if this is the case, is it legal ? and can one then conclude based on this disclosure that HFO's claim are dubious.If so what would be the next step of action, particularly in the face of a litigation threat either real or otherwise from HFO.Please advice.
  8. emailed Polly Ashford overnight with a compilation of all communiques between me and HFO.
  9. Even better than that, I have the recorded delivery slip and checked the date it was received online back in 2009.Al recorded.
  10. Thanks guys, 247 orbital , you mentioned an original default date, how can I find this out?
  11. Hi all, I have a problem with HFO, its a long running battle really going back 2004 regarding a loan from Welcome. HFO came on the scene in 2008 and sent me their usual logistic card! Hurrah! since then its been a nightmare. I made a critical error of paying them some amount towards the initial debt of 1,500 had swollen considerably to about 2,500 or something by the time I made a payment. I then decided to see if the company was legit and to utter horror I realized that I had just compounded my problem. So I CCA them , they didn't reply or acknowledge my letter and I sent two more reminders which they ignored, all this in Nov 2008 right up to February 2009. In between I received a call from the HFO office thanking me for making a 1 pound payment towards my debt, and that was when it dawned on me that they were not going to play by the books. I have not heard from them since the last default letter I sent them in 2009 and now again I am receiving litigation notification letters and progressively too, the last one is SCHEDULE OF LITIGATION LETTER. Any advice will be most welcome.
  12. Hi all, I have a similar problem with HFO, its a long running battle really going back 2004 regarding a loan from Welcome.HFO came on the scene in 2008 and sent me their usual logistic card! Hurrah! since then its been a nightmare.I made a critical error of paying them some amount towards the initial debt of 1,500 had swollen considerably to about 2,500 or something by the time I made a payment.I then decided to see if the company was legit and to utter horror I realised that I had just compounded my problem.So I CCA them , they didnt reply or acknowledge my letter and I sent two more reminders which they ignored, all this in Nov 2008 right up to Feburary 2009.In between I recieved a call from the HFO office thanking me for making a 1 pound payment towards my debt, and that was when it dawned on me that they were not going to play by the books.I have not heard from them since the last default letter I sent them in 2009 and now agaian I am receiving litigation notification letters and progressively too, the last one is SCHEDULE OF LITIGATION LETTER.Any advice will be most welcome.
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