check all charges. They charged me for 12 arrears letters when I was never in arrears. 24 letters to my building society to check status of mortgage. The building society never received any. I got a refund to my account of £400 in charges. I also went for PPI to court. I lost because of time limitations. They are sharks but clever ones. Good luck with your FOS action. It it time consuming but one day someone will make the breakthrough needed to bring them to book.

Hi good friend working in legal profession dealing with this, everything gone in and case fast tracked, waiting for date. Looking to remove his teeth while foot up his ass. Been a long time coming. How do I change my username. Im so out there and I know they read these logs. Hopeless finding my way round the website. Dont want to spoil their surprise.

Hi lester lass, long time no speak. Just to let you know that I am waiting for a court date re PPI. Gone against both Swift and Dial 4 a loan. Any monies gained will go to a Big Ass banana to sort out the other issues. Thats right Swift, I will see you in court. Will let you know how it goes. Sorry to post at the end of this last reply, not too good at the site im afraid.

With you there. Took out 20k 10 years ago in 10 years will have paid 3 x as much. Only £5 goes to my capital every month the other £300 is all interest. I despise the nasty little men in charge. I will find someone to take them down one day but you can be sure that the FSA and FOS are all toothless, been there got the t.shirt. Swift are **** and as an advisor at the FSA told me one step away from doorstep bandits. I know they read these posts and I dont care, cant see how they sleep at night and the staff there are all afraid for theit jobs. Got that from the horses mouth.

Been the FSA and FOS route. Told me to go the the other group which looks into pre regulation loans and cant remember the name at the moment. They also said Swift are bomb proof. Do they perhaps have links to the government and can do what the hell they like.

Hi in the same boat. Borrowed 20k 10 years ago 10 years still to pay. Missed one month in 2008 and have been told that they will add 10 years on to the loan. Pay on time every month and only £5 goes to the capital . Basically when I retire in 11 years I will end up giving them my home and will have paid some 68k back on a 20k loan. If there is anyone out there with an answer I too would like to hear it. As a matter of interest the actual interest on my mortgage last year with biulding society was £299 as I only owe 8k on my house.They are the worst kind of bandits and it would seem, bomb proof.

Went cold reading your story. This will be me in 10 years time. Borrowed 20k, paid back 24k to date still got ten years to go then when it should have finised I will be retiring. They are apparentkly going to add 10 years on for who knows what reason and interest. Bless you. good luck, your luck may also be mine.

Hi just been down the long and winding road of this one. FSA and FSO looked into my case but is it pre regulation 2002. Therefore must go to Finance and Leasing. Doing this now. Can anyone tell me following on from the news on their licence how does this affect pre regulation loans. As far as I can see they are the dodgiest of the dodgy. Where does that leave people in my postion. Borrowed 20k paid back 24k to date. Redemption figure was for 48k and now because of the way they add on interest they say that my 240 month loan will have 10 years added on when I retire in 2022. Just another way to snaffle my property in my old age!!! I will see them @@@@@@@@@@@ before they do it to me methinks.

Just a thought and I wondered if you could answer my musings. It seems from what I have read that Swift are stashing away money to counter claims they may have against them. If they went bust, by some miracle, theyve probably ripped too many people off for that to happen, but if it did what would happen to the loans such as mine? Would some other cowboy company take them on.

Thanks for your reply. I get braver every time one of you guys replies to me. The knowledge that they are one step up from doorstep thugs is spurring me on. Its nice to know that Im not on my own in having made the mistake of getting involved with them.

Hi welcome to my world. I too have a swift con job. I have been paying off a 20k loan at 305.00 per month for 10 years, I asked for a settlement figure last year it was 48k. I have paid 24k still owe 20k. I still have 10 years to go and they say that they are going to add 10 years on at the end of the term for what reason I cannot understand. I have never been in arrears. I will be a pensioner at 76 and I think they just want to snaffle my home. I wish someone would blow up Arcadia house or at least hack thier systems and wipe us all off.

Hi jacqui o I have recentlu found out that it is Dial 4 a Loan and have also got an address via the ombudsman so am going down the route, a long one I believe. My concern is that I am getting nowhere paying this, 24k paid 20k borrowed 10 years to go and then they say they will add on 10 years but will not say why. Cannot work out the interest nor can a financial advisor who looked at it, they also want 48k to pay the loan early. I will be a pensioner and am sure they are just waiting to snaffle my home. There are no solicitors details involved on the paperwork.

Watching with interest. I have a pre regulation loan, whatever that is to the uninitiated, it seems that no one wants to get involved in this type of loan. I am wanting to go for PPI but Dial 4 a loan were the brokers and all along I thought I was dealing with Swift.

Thank you. Have read the link with interest. What will happen if they are fined, can these sort of companies go bust, if so what happens to people like me who have a loan, more worrying, what happens if they dont. Thank you so much for replying to me. It means a lot to have a light at the end of what has been a long tunnel. I started corresponding with Swift 1 year ago and have been stone walled at every turn. gml

Im another Swiftly sinking person. In 2002 following the death of my husband and the realisation that I needed to find 20k, I took out a loan. I received no statements until 2 years ago. You can gusess the rest. I paid over 20k, still owe 24k. So I asked for a redemtion figure, that was 48k and was then told that at the end of my 240 month term I would have another 10 years to pay what I owe. Some 96k for a 20k loan. I also had PPI from Dial 4 a loan, what can I do about that. I did not need it as I was salaried and get sick pay. It seems that they want my house which I now own and will take it when I retire, my son and I would have been better off homeless 10 years ago. I started the process and wrote to them but they gave me a £446.00 refund because they said I was in arrears and I proved it never happened. With regard to everything else I asked they ingored the letter. Is anyone in a legal capacity doing or investigating this company. What can I now do before im retired and in a situation? Ive read lots of posts and Im glad to be not alone, but Im still bloddy scared.