HP Loan and Charges

[steven4064]

Hi Daz

 

Firstly, I've had a look at the agreement and that is perfectly OK - it has all the prescribed terms and signatures (provided it has your signature in the bottom left-hand box).

 

THe charges, as Andy has said, are all penalty charges and therefore unlawful except, posssibly, the CA fees. However, if these represent a charge for collectoin activities, they are not penalties as such but and contrary to the OFT guidelines on debt collection.

 

In the first instance, therefore, you should put in a claim for the whole lot.

[steven4064]

Once you have paid more than a third of the agreement, they can only reposses if they have court order. If they tried to get one, you could counter claim for the charges (and mis-sold PPI if that is legitimate).

 

I stick with my advice in post #5 - put in a claim for all the charges.

 

On the PPI, the only way to reclaim it is if you can show it was mis-sold (not just that you can't rememebr agreeing to it). Evidence for mis-selling are things like if at the time you were unemployed or on long-term sick - circumstances where you would not have been able to claim on the policy.