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flinty_1

Forthright Finance

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Has anybody tried to take on a Finance company yet?

I have had an account with these [edit] for five years and been regulary ripped off when job/circumstances changed throughout the loan period and I missed a payment. I have calculated from their own statement of transactions that I have payed over £500 in late payment charges.

 

I sent the LBA and they acknowledged this on 12/7 with a phone call to advise me to get a solicitor. The nice guy also said that he would supply me with a complete breakdown of their charges so am holding my breath at the moment but starting to go BLUE. I dont think that this will happenj, £10 per phone call and variable charges per letter £10, £20 and even £100, all in black and white direct from themselves.

 

I am wondering if anyone else has these experiences as I ( to date) have not found any posts about this, but will continue looking.

 

HOWEVER, good luck to everybody.

 

Abbey claim data letter sent 14/6

forthright claim, LBA sent 10/7

 

[MODERATED: Libelous comments removed]

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"£10 per phone call and variable charges per letter £10, £20 and even £100, all in black and white direct from themselves"

 

You have to ask wether the charges are reasonable, by the looks of things they are not, if the charges are deemed to be punitive, they are unlawfull and you should be able to get it refunded.

 

In other words, Yes i think it would be similer to what everyone is doing with the banks.

 

But i'm no expert...


Tomba90

 

First they ignore you, then they laugh at you, then they fight you, then you win.

- Mahatma Gandhi

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Thats what I thought. Will be interesting to see if they keep to their word and actually send me the cost breakdown of their charges. Even if they do however, will be worth the effort in taking them to court for several reasons.

1. I might win and lessen the burden for others that these charges were punitive.

 

2. To see if they let it get that far. Have already accepted that I had paid nearly the total amount so really have nothing to lose.

 

The Abbey is ongoing and a different matter altogether

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Obviously I have stopped holding my breath as I nearly passed out.:( I never recieved the promised break down of the late payment charges or have I had any further contact with them.

Am now going to send the LBA today once again by registered post, they should recieve it exactly fourteen days after the the the first one. Hopefully they are reflecting that I might mean it and make an offer shortly. I seriously doubt it, just wishful thinking.

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Guest BlueRuby

Flinty, I think you're in the wrong forum :)

Have a look at Other Institutions, you'll see lots of finance companies in there. Good luck anyway - and keep breathing :D :D

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Thanks BlueRuby, you are right this is in the wrong forum. Just know that they are subsidiary of RBS.

Don't know how to change it, perhaps a mod will help.

Will continue to breath until they promise something else.

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Guest BlueRuby
Will continue to breath until they promise something else.

 

Phew, that's a relief :D

If a mod doesn't pick up on this, perhaps you could PM one?

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Have had another phone call from Steve today.

Apparently I signed the agreement allowing them to charge what they liked for failed and late payments. I cannot claim back these charges as the account is nearly closed.

When asked about a detailed braekdown of their charges I was told that he did not have to do that. He finally hanged up when I said that I would start procedings against them in the county court.

 

All this prat has managed to do is antagonise me to try and actually get them to court now. The money, although it would be nice no longer matters with these IDIOTS. They think that they are dealing with kids who do as they are told. However, I am now thinking that it would be worth forfeiting the money to get this company into court due to their arrogance. I just wonder when they will finally admit that they have charged me penalty charges and not just fees in conjunctiuon with the failed payments.

 

Will also pm a mod to move this thread to the correct forum.

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At Last.:D

I received a phone call tonight from their collections department. They are now willing to close my account and leave me owing them nothing. The original final payment of £160 has at the moment grown to £255.

The girl was GOBSMACKED that I refused this amount. Did not know what to do next and said that it is what I wanted. I gen tly reminded her that I was actually after all the charges that I had been charged over the last 5 years. She ended by saying that I had agreed to their charges but she would be reporting to her supervisor.

I also reminded her that it was amazing that this offer came on day 14 after my last letter to them before I start court procedings against them. I stated this and will be delivering the necesary to the county court ASAP. As they have also issued a default notice, I now need this to0 be cleared in their full and final offer.

1st offer £160 rejected 8/8/2006

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Has anybody tried to take on a Finance company yet?

I have had an account with these for five years and been regulary ripped off when job/circumstances changed throughout the loan period and I missed a payment. I have calculated from their own statement of transactions that I have payed over £500 in late payment charges.

 

 

I am wondering if anyone else has these experiences as I ( to date) have not found any posts about this, but will continue looking.

 

HOWEVER, good luck to everybody.

 

Abbey claim data letter sent 14/6

forthright claim, LBA sent 10/7

Hi Flinty been looking at all the info I currently hold on this company a little earlier today. I was unable to meet the monthly payments on a loan with them a number of years ago but been paying them a set amount also for a number of years. Didn't realise until today that each month it shows up as a default on my credit file, no wonder I have trouble with finance ratings etc:mad:.

 

Anyway to cut a long story short I have been unable to ascertain what charges have been lumped onto the account as I never have any correspondence from them at all including statements. Do you think it's worth writing to them requesting statements showing charges etc....?

They were initially the most frightening company I have ever dealt with. I dealt with one guy who threatened me with my house, telling me they could make myself and my kids homeless. I tried to explain the situation - he didn't want to know - in fact he said "boo hoo Mrs **** not my problem but it will be yours if you don't come up with a £1000 by the end of next week!" He then proceeded to phone every day thereafter. I contacted CAB they told me to write to them and make an offer -refused! As a last resort I contacted a solicitor who wrote to them making that offer formally and also he 'advised' them to cut the threats or he would instigate legal action. Fortunately they did listen but unfortunately been paying it ever since. So I would love to take them on!!!!


;) Boobaby

Please hit the scales if you think I've helped!

Please note that advice given is purely my opinion and should be treated as such.

FAQ’s

http://www.consumeractiongroup.c o.uk/forum/faqs-please-read-these/

HSBC Claim - August 2006 £2,700 paid November 2006

Halifax Claim - August 2006 £4,100 paid December 2006

GE Capital - August 2006 - settled

Log Book Loans - August 2007 - sorted

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I issued a claim against Forthright Finance on the 28th July.

This followed the two template letters slightly edited so they applied to a finance Co rather than a bank.

 

If you look on the OFT consumer regulations website you will find that they have been slapped on thwrist over their agreements and penalty charges. Plenty of ammunition there

 

Our agreement with the company sounds like the twin of Boobaby's and I must have spoken to the same charming people.

 

We managed to stop the harrasment by applying to the local County Court for a time order (the national debt helpline will give you details). One Odd thing though, they issued a defaault at the time but my experian record sshows a good payment record with them

 

I calculated the charges from a statement that I made them provide at the time so avoided the Data Protection Act letter.

 

They really are bullies and deserve to be put out of business

 

I have heard nothing since the claim was issued, if they dont respond by the 10th I shall apply for judgement by default


You may think that but . . ......

____________________________________

Total repaid to date £1947.58

 

Lloyds Currrent a/c £745.27

Moneyclaim filed 17th June

Defence and AQ 25th July. Case struck out 11 Aug

reinstated and hearing 15th Jan 2007

 

Lloyds loan a/c D A request expired 19th June

Proceedings under S7 Data Protection Act issued 29th June defence and counterclaim 27 July

Hearing Jan 3 2007

Listed final hearing April 2007-

Judge declared an interest and disqualified himself

new date to be set

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I issued a claim against Forthright Finance on the 28th July.

This followed the two template letters slightly edited so they applied to a finance Co rather than a bank.

 

If you look on the OFT consumer regulations website you will find that they have been slapped on thwrist over their agreements and penalty charges. Plenty of ammunition there

 

Our agreement with the company sounds like the twin of Boobaby's and I must have spoken to the same charming people.

Thank you so much for responding and please don't take this the wrong way!!? But I'm really glad someone else had the same harrassment that I had, I thought it was just me, nice to know you're not alone - that's why I sooo love this site!!

I will contact them but I'll have to do it using the DPA letter as I have no statements from these people what so ever and to be honest always terrified to contact them - "can of worms" or in their case "can of vipers".


;) Boobaby

Please hit the scales if you think I've helped!

Please note that advice given is purely my opinion and should be treated as such.

FAQ’s

http://www.consumeractiongroup.c o.uk/forum/faqs-please-read-these/

HSBC Claim - August 2006 £2,700 paid November 2006

Halifax Claim - August 2006 £4,100 paid December 2006

GE Capital - August 2006 - settled

Log Book Loans - August 2007 - sorted

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Sorry Flinty_1 to hijack your thread - last time then I will start one of my own should I need any further info....thanks!

 

Has anybody tried to take on a Finance company yet?

I have had an account with these for five years and been regulary ripped off when job/circumstances changed throughout the loan period and I missed a payment. I have calculated from their own statement of transactions that I have payed over £500 in late payment charges.

Could someone please help me with original Data Protection Act letter to go to this Finance Company, the one in the library needs to be amended but not sure what to say etc....

Thanks:?


;) Boobaby

Please hit the scales if you think I've helped!

Please note that advice given is purely my opinion and should be treated as such.

FAQ’s

http://www.consumeractiongroup.c o.uk/forum/faqs-please-read-these/

HSBC Claim - August 2006 £2,700 paid November 2006

Halifax Claim - August 2006 £4,100 paid December 2006

GE Capital - August 2006 - settled

Log Book Loans - August 2007 - sorted

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Definetly take them on. They offered me £160 and closure of my account as paid in full. Have refused as they seem to have missed the point. I want all my illegal charges paid back.

 

I to had all the threats two years ago when I changed jobs and went from weekly to monthly pay. To avoid default and repossession had to pay them a fortune immediately, ended up borrowing to do this. Their arrogance over the last 5 years and especially the last 4 weeks makes me determined to get them to court if neccessary.

 

Will try and look at the template letter and amend it for you. I was lucky and asked for all my transactions before my last payment.

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Definetly take them on. They offered me £160 and closure of my account as paid in full. Have refused as they seem to have missed the point. I want all my illegal charges paid back.

 

I to had all the threats two years ago when I changed jobs and went from weekly to monthly pay. To avoid default and repossession had to pay them a fortune immediately, ended up borrowing to do this. Their arrogance over the last 5 years and especially the last 4 weeks makes me determined to get them to court if neccessary.

 

Will try and look at the template letter and amend it for you. I was lucky and asked for all my transactions before my last payment.

Hi it's me again any luck with the template, sorry to nag but I am now itching to get started with these 'bar stewards' and can't do anything until all charges etc are in my grubby mitts!!

Thanks:-)


;) Boobaby

Please hit the scales if you think I've helped!

Please note that advice given is purely my opinion and should be treated as such.

FAQ’s

http://www.consumeractiongroup.c o.uk/forum/faqs-please-read-these/

HSBC Claim - August 2006 £2,700 paid November 2006

Halifax Claim - August 2006 £4,100 paid December 2006

GE Capital - August 2006 - settled

Log Book Loans - August 2007 - sorted

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HI. all you need to change is the Account No. to Agreement No. Also the first paragraph from this:

 

Please supply me with a complete list of transactions and charges relating to my banking history with your organisation. Alternatively, a complete set of statements for that period will be acceptable.

To this.

Please supply me with a complete list of transactions and charges relating to my agreement with your organisation.

 

The rest of the letter is ok.

 

Luck

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Have started a new thread in the correct forum,

Other Institutions

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