Swift Advances. Secured Loan Charges reclaim

[Smarterchick]

Just how much money do they stand to lose or gain?

 

 

If what we read here is typical of their portfolio - millions. - oh, and that's lose not gain.

[overdone]

Hi overdone,

Don't quite catch your drift ......it is now not about money ..its about someone in Swift doing time.....this will also be brought to the OFT attention and affect their fitness to hols a credit license.

 

sparkie

I meant how miuch was someone done out of?

[pkelly]

Is anyone here still talking to Swift regarding this swift saga, if so can you tell them to stop `huffing` and answer the letters. the scare letters dont work, and my last letter was answered with a no comment letter!

also has anyone ever seen or has a copy of their ORIGIONAL paperwork??

[overdone]

Hi overdone,

Don't quite catch your drift ......it is now not about money ..its about someone in Swift doing time.....this will also be brought to the OFT attention and affect their fitness to hols a credit license.

 

sparkie

"Someone" in Swift. Well this is the difficult bit. Who can be proven to engage in fraud within that organisation?

[Smarterchick]

When the judge gets what is alleged a fraudulently constructed document placed before him/her it will be deemed necessary for the question to be asked where it came from, who did it and the consequences of being a lover of the Blue Peter club relayed back to their barrister and no doubt the local bobby.

 

As Swift like bringing the troops into court to watch the carnage of either their clients/customers being repossessed or their own downfall like its some kind of game show they will no doubt be able to point the finger in court to who is responsible rather than having to go back to their office to ask that person to clear their desk...

 

Counterfieting, Fraud, Perjury, Deceipt, Perverting the course of Justice are all areas Judges are not overly keen on when coming from businesses who wish to secure a pecuinary advantage by using such false intruments. If they have done, and it is not proven as yet, then like the person who fails to pay their repayments and loses their home as the penalty so too will 'someone' be losing something else. That generally is referred to as 'their liberty' or 'freedom and as Sparkie says it comes in numbers - your starter for '10 '

[Sparkie1723]

The Chairman under corporate law is the one the buck finally stops at him he is responsible for any and all actions of his employees.

 

sparkie

[Guest blackie]

Not quite sure what is happening with regard to Swift, can someone bring me up to date. I have been in hospital and only returned to work yesterday, but I am in court on 19th February with Swift re arrears. Can anyone let me know what is the latest with these gansters.

[Sparkie1723]

More on Swifts antics.............another friend of mine applied for and signed for an interest only loan............Swift have been making him pay a capital plus interest payments....double what he should be paying...............so he has stopped paying them...........we can see some sparks flying over this one too, very soon.

There is an old saying everything goes round in circles and the "Wheel of Misfortune" has just stopped outside Arcadia House Brentwood.:D

 

sparkie

Edited February 18, 2009 by Sparkie1723

[jansus]

By the way sparkie have you seen the thread on the possession forum where Swift are trying to evict afamily where they say the mortgage was a fraud case?

[Sparkie1723]

By the way sparkie have you seen the thread on the possession forum where Swift are trying to evict afamily where they say the mortgage was a fraud case?

 

 

Hi jansus,

 

No I haven't can you give me a link..................."it takes a fraudster to know a fraudster"..

 

sparkie

[overdone]

More on Swifts antics.............another friend of mine applied for and signed for an interest free loan.:D

 

sparkie

Interest free? Swift with Kind hearts? Now I am lost.

[jansus]

http://www.consumeractiongroup.co.uk/forum/repossessions/182383-mortgage-fraud-eviction-feb.html

[Sparkie1723]

Interest free? Swift with Kind hearts? Now I am lost.

 

 

Sorry overdone I should have put INTEREST ONLY....No wonder you were lost:confused:........................:) ammended the post now!! Still the same they breached that agreement before it even started

 

sparkie

Edited February 18, 2009 by Sparkie1723

[Guest blackie]

I would love to Swift charged, but according to a solicitor friend, the person who committed the fraud at Swift will be liable not Swift themselves. WE have to remember these guys have all the money and can employ the best solicitors, barristers, courts of appeal, etc. I wish I was more hopeful, but having worked in finance all my life I realise that if a company like this was charged it could have major effects on the rest of the financial world. Remember how big this company are, and how many offshoots they have. I have yet to see anything or anyone who has actually beaten Swift in law. But good luck, my hopes remain high.

[Sparkie1723]

I would love to Swift charged, but according to a solicitor friend, the person who committed the fraud at Swift will be liable not Swift themselves. WE have to remember these guys have all the money and can employ the best solicitors, barristers, courts of appeal, etc. I wish I was more hopeful, but having worked in finance all my life I realise that if a company like this was charged it could have major effects on the rest of the financial world. Remember how big this company are, and how many offshoots they have. I have yet to see anything or anyone who has actually beaten Swift in law. But good luck, my hopes remain high.

 

Hi blackie,

 

Swift say they are only a small company when they are challenged as to why their charges are so high they say that they have not got the facillities of a major Bank so it costs them more at least that is the argument they put forward in one case.

 

 

I can't wait for tuesday to see what the judge makes of the fraud allegation by my friends have made under the Forgery & Counterfeit Act 1982. The Theft Act 1968 & the New Fraud Act 2006

 

sparkie

[andrew1]

Between 15,000 and 25,000 live clients. Mark White told me it was 15,000 about 2 -3 years ago. Take all the repossessions since and the live clients they've killed off through sheer fear and fright (allegedly), brings that down to about 1500 !! and he said they were a small company, my heart bleeds that they can't get more clients...

[overdone]

Remember how big this company are, and how many offshoots they have. I have yet to see anything or anyone who has actually beaten Swift in law. But good luck, my hopes remain high.

I was trying to find the thread where one women did beat Swift conditional on a gagging clause, but I cannot find it.

[pkelly]

I think you were right Sparkie the wee box in the top of the form says it is 0% on the loan. would this not make it interest free??

its was worded rather strange from what I hear, above where it was signed, it said

`Do NOT sign here if you do not want an interest only loan`

swift say they tried to keep the forms `simple` well someone`s simple.

[pkelly]

I was trying to find the thread where one women did beat Swift conditional on a gagging clause, but I cannot find it.

this is the way they are fighting their cases, each one is held behind closed doors, so they can say what they like

I am interested in having a meeting with anyone so we can all throw in our dimes worth.

anyone can email me

I am more that sure I can beat them, just hope they take my mates to court sooner than later. `swiftly should I say`

I doubt it though, what they seem to be doing is picking the easy targets first, behind closed doors,so no one know what they are saying, then as for the harder ones they get other companies to call offering them a better rate.

Even x directory numbers have been contacted by the same outfit who contact clients???

all info and views are personal, all calls from swift will be recorded for nailing purposes

Edited July 7, 2009 by pkelly
grammer

[landy_alert]

Hi Overdone,

 

The lady you are looking for is Mrs Foot, I have read the thread a while ago as I too am on Swift's case, but am not sure where to find it now but suppose you could do a search using her name?

 

Regards,

 

Landy

[Sparkie1723]

Hi Overdone,

 

The lady you are looking for is Mrs Foot, I have read the thread a while ago as I too am on Swift's case, but am not sure where to find it now but suppose you could do a search using her name?

 

Regards,

 

Landy

 

This lady is subject to a very tight confidentiality agreement with Swift Plc I do not think it very prudent to ask her for comments ....it could land her in serious trouble...knowing what Swift are like they would make her life hell....no pun meant lady_alert.

sparkie

[Sparkie1723]

My friends judgement is out on Tuesday against Swift...fingers crossed....their case was heard on Decemeber 18th.....the Judge wanted a very long time to study the case documents etc ...because they hit Swift with section 140 of the New CC Act....one of the first cases under that section heard in the Courts.

 

sparkie

[Sparkie1723]

I think you were right Sparkie the wee box in the top of the form says it is 0% on the loan. would this not make it interest free??

its was worded rather strange from what I hear, above where it was signed, it said

`Do NOT sign here if you do not want an interest only loan`

swift say they tried to keep the forms `simple` well someone`s simple.

 

Hullo pkelly

Now that is very interesting if it is an interest only loan and the interest rate is stated to be zero , what kind of loan is that??:D:D

 

sparkie

[landy_alert]

Apologies Sparkie - I assumed Overdone was merely interested in reading her thread, not contacting her........have PM'd you, btw.

 

Regards,

 

Landy

[42man]

I don't think that Swift will have a single happy customer at all !! i'm one of them and fed up with them !! despite all the reduction in interest rates they have failed to pass on ANY cut to their customers at all.....