!!Logbook Loans!!

[Edz11]

It has been suggested that it is not unknown for signatures to appear on documents that may not have been signed in the first place. So if they don't know what your signature is like then there is no possibility of them doing anything like that. There's a post on here where someone is alleging exactly that.

[Edz11]

You borrowed £1500.

1) How much have you actually paid back to date?

2) How much do they say is outstanding?

[bab13jasmine]

Ahhhhhh right I can understand that perfectly.. thanks for that

[bab13jasmine]

You borrowed £1500.

1) How much have you actually paid back to date?

2) How much do they say is outstanding?

 

Ill ring them tomorrow and find out, Ive finished paying the loan back.. they say I still owe them approx £300 which is the reamining charges inc interest on the charges alledgedly also!!

[bab13jasmine]

The cheeky feckers just sent me a text saying Im egilable to top up my loan!!!

 

LOL, just LOL!!

[Edz11]

Well there's nowt like rubbing salt into the wound is there? Are you going to accept their offer?

 

Roughly, (excluding the £300 ish) what do you think you've paid them so far?

[bab13jasmine]

Agreement found

 

Now what do I do? lol

[bab13jasmine]

Well there's nowt like rubbing salt into the wound is there? Are you going to accept their offer?

 

Roughly, (excluding the £300 ish) what do you think you've paid them so far?

 

 

You really need to ask?? Haha!

 

I reckon at a rough gestimate just over 3k.. lets see how correct I am when I ring em in the morning.. Must say they dont seem funny about the fact Im ringing them asking them for bits of information ie, agreement number, address, statement of account.. the last couple of days, i was expecting some attitude but that only seems to come when I actually question the charges and interest and how they work it out that they bring out the attitude and bull!! Makes ya wonder thats for sure!!

[bab13jasmine]

When will the posts unjumble themselves they are in the wrong order

[kopw]

The best advice I can give you is don't phone them. Ask everything of them in writing. Inform them that all their comunication with you should be in writing. You may well need it all as evidence when you take the **** to court.

 

Just a thought! Do these lowlife **** come from the same stagnant germ infested sewer as the **** from moorcroft?

[bab13jasmine]

The best advice I can give you is don't phone them. Ask everything of them in writing. Inform them that all their comunication with you should be in writing. You may well need it all as evidence when you take the **** to court.

 

Just a thought! Do these lowlife **** come from the same stagnant germ infested sewer as the **** from moorcroft?

 

 

Not sure, there are part of some bigger group.. Ill be scanning in my agreement on monday and it says on there

 

I havent had the statement I requested yet from them.. next week I will be able to send off the SAR when I can get to the post office for the postal order

[bab13jasmine]

Right well a lil has happened since I last posted.. I havent recieved my agreement that I requested by post theres a suprise!!.. Ive recieved a letter from them though about my complaint through the ombudsman, which doesnt really say much, just that they hope I no longer have an issue with them!! as if!

 

Anyway I managed to clear the remaining balance 2 days ago and asked them to send me my logbook back.. so what do I get this morning...?? Only some f**ker elses logbook!!!!!! Some guy in sheffield who owns a kia lol! So I phoned em up.. WOW the only time Im actually put on to a supervisor is on this occasion when THEY have screwed up and panicking.. hmmm told em I wasnt sending the logbook of this guy back to em till I had mine!! They couldnt have helped me enough.. shame they couldnt have done the same a few months ago when I needed the help!!

 

I feel like not sending them the logbook back but sending it to the guy whos it is with a letter explaining the cock up and to keep his logbook well away from them hahaha!

 

Could they get me into trouble on a legal point for it though?? I really wanna screw em over in that way instead of taking em to court for the excessive charges.. I know which would give me the most pleasure [smugicon]

[Edz11]

You can't do that. Sitting on someone else's property until they give you what you think you are entitled to is called a "lien". Sounds like an old french or latin term. You can only do that in certain circumstances and this isn't one of them as you haven't the remotest legal claim to the logbook lol (see why you'd like to do it though).

 

Have you checked if they have received your CCA/SAR request yet. If it's recorded delivery you can check online if they've got it.

[InformedSearcher]

Just came accross this thread way late or what!? Anyhow I was advised that this company charging 300% APR is quite common practise. IMHO how they've circumvented being 'spotted' long ago worries me. All I can say thank god I never had the misfortune to have dealing with them and they don't hide these facts!

Michael

 

logbookloans.co.uk:

 

Loan Amount: £1,500

Weekly Repayment: £53.80

Loan Term: 58 weeks

APR: 343.4%

A commitment fee of £215 is added to the loan. It is paid throughout the term of the loan and is included in your weekly repayments as shown above.

Typical 343.4% APR

[jaxads]

bab13jasmine - did you ever get a result with reclaiming your charges???