Black Horse Car Finance

[postggj]

well they have added on the purchase fee in the last payment

£349.73 minus option fee of £60 gives the figure of £289.73

 

but i have allready worked that into the equation

[SHELBELLE]

Yes

 

difference between your interest and their's is £185.00, which is £125.00 acceptance and £60.00 purchase fee.

 

I am unaware of how they are MEAN'T to do thsi calculation???

[postggj]

even by going by there figures of £289.73 a month over 60 months i get an

apr of 12.8 not 12.9

[postggj]

Yes

 

difference between your interest and their's is £185.00, which is £125.00 acceptance and £60.00 purchase fee.

 

I am unaware of how they are MEAN'T to do thsi calculation???

 

i agree but ive added my figures after ive calculated the interest just on 12995

 

nothing else

the interest just on 12995 over 5 years at 12.9 % apr is £4425.83

[SHELBELLE]

Hmmm

 

Is that still a defence, as it should have a higher amount of interest??

[postggj]

you bet it is

 

the apr and total amount payable has been misstated

the apr is misstated i make it 12.8

not 12.9

 

an agreement is a legal document and no errors are allowed

 

ime going to do you a letter, can you pm me the solicitors who are handling this

 

even though the agreement is in your favour

 

mistakes are not allowed

 

my opinion

 

unenforceable

[postggj]

when does the defence need to be in by

have you done an embarrassed defence

when did you acknowledge service

[SHELBELLE]

Ok here goes.....

 

All understood about the legality of the document.

 

Will PM you in a moment.

 

I have already submitted a defence regarding the lack of TN submitted to the court, aghhh is this all too late now, the case is 2nd week Feb.

 

I acknowledged Sevice 13.08.09.

 

No embarrassed defence submitted.

 

I will PM you the Sols now.

 

Thanks

 

S.B.

[postggj]

have i seen any default notice

[SHELBELLE]

I send that to you in email, and anything else that may be relevant.

[postggj]

we need to crack on with this today

[SHELBELLE]

I have sent you another email to that address from earlier, please confirm that you have received it.

 

Thanks.

[postggj]

Got It

[postggj]

Good News

 

Default Notice Is Crap

 

Have Not Allowed Enough Days

 

Sat Does Not Count In The Total Number Of Days

[SHELBELLE]

Ok

 

1) So APR is out.

 

2) DN is incorrect, I have had two of these, 1st dated 08.11.06 gives until 27.11.06, 2nd one dated 12.01.07 gives until 31.01.07. So 100% incorrect.

 

3) TN dated 22.02.07, received after DN, but requesting arrears, late payment interest fees and costs, plus amount required to pay half total amount payable. Is this also tosh??

 

Can I enter an embbarrassed defence now??? What's my next line of attack if any??

 

Thanks

 

S.B.

[SHELBELLE]

Both DN give 13 days only(excluding weekends)

[postggj]

Give Me An Hour

[postggj]

Send Me The Termination Notice Please

[SHELBELLE]

It's in that email with the DN.

[SHELBELLE]

Just let me know if you need another copy.

[postggj]

Checking Now

[SHELBELLE]

Ok, no problem.

[postggj]

Can You Send Again Please

[SHELBELLE]

Re-sent it now.

[postggj]

How Many Payments Had You Made On This Agreement

 

Months