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    • That is a superb WS. However, I have a few tweaks to suggest. In (2) "indicating" not "indication". I think to be consistent with your numbering, in (6) the Beavis case should be EXHIBIT 2. Do you really need to include over 100 pages of Beavis?  I think that would be likely to annoy the judge.  Just try and find the bit where they decide it was not a penalty due to having an interest in limiting the time that vehicles can stay. I'll have a look myself for this bit later as it's highly likely to be in WSs from PPCs who think that that paragraph means all their charges are valid always on every occasion. After your current (7) add this.  It's always useful to refer to a judgment when making a legal point - 8.  In the case PCM vs Bull, Claim No. B4GF26K6, where the Defendant was issued parking tickets for parking on private roads with signage stating “No parking at any time”, District Judge Glen in his final statement mentioned that: “the notice was prohibitive and didn’t communicate any offer of parking and that landowners may have claim in trespass, but that was not under consideration”.   In (14) if my maths are right the CPR request should be "EXHIBIT 3".  it is missing from your list of exhibits. In (16) the two figures should be £100 and £170.  They are entitled to increase fro,m £60 to £100, they are not entitled to increase to £170.  To make it clear for the judge I would write - 16. The Claimant has artificially inflated their claim for a £100 invoice to £170. This is simply a poor attempt to circumvent the legal costs cap at small claims. 17. The Claimant has also invented a second fictitious charge, for legal representative's costs, when they have no legal representative. You also need ot number your exhibits. The rest is excellent - well done.
    • Did you ever think of walking away? Become bankrupt and in 12 months it'll all be behind you. My feeling is that you may well get nothing from the sale of the property anyway. Going by the date this thread started it looks like eight years of arrears, lender's costs and receiver’s fees on top.
    • Just to clarify - I make use of evening legal clinics. It is not always possible to see a lawyer (they have limited time and days/week).  This means questions one has may never get answered or there's weeks between follow-ups.   To be really clear - I am representing myself; I am playing at being lawyer/ barrister - which means I take help wherever I can get it (and then research it thoroughly). Ae - a judge in a recent hearing pointed out the receiver is not part of my current proceedings - and suggested I have a separate claim v the receiver. Disclosure has presented damning evidence v the receiver  The receiver against whom I have a complaint is not part of the receiver governing body.   The receivership is in 2 names - a joint one.  My complaint is directed at whom I was told is the lead receiver.  The other named receiver IS a member of the governing body.  But he has now left the company.  And the lead receiver has retired - but is still a working consultant on my case.   All the evidence shows it was the 'lead' receiver who was doing all the  work/ the misbehaviour.   But if the appointment was 'joint' would I make a complaint against them both?    I am sure that wouldn't go down well with the other receiver who is at the beginning of his career. The law is very much against borrowers.   But the evidence against this receivership is crystal clear.   I just don't know how and to whom to complain.   The places I've tried so far don't offer much transparency       
    • Ok, noted, thanks again. I'll share details of every communication received just to make sure.
    • Yes. I sent back the PAP form stating they hadnt supplied the correct paperwork and that pdf is what they sent back
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Hi,

 

Sadly I am no expert on these things but I have found this thread to be really good.

 

http://www.consumeractiongroup.co.uk/forum/general-debt-issues/162851-consumer-credit-agreements-guide.html

 

I think a lot depends on whether the prescribed terms are on the same document as the signature...

 

Anyway, If this doesn't help, hit the triangle and ask a mod to take a peek.

 

Good luck,

 

Spam. :)

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Hi

While I am no expert, it seems all the prescribed terms are there therefore in my opinion, enforceable.

hold fire for others to comment before making any decisions though.

 

fox

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Everything I say is opinion only. If you are unsure on any comment made, you should see a qualified solicitor

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Thanks Spam and Fox. I have taken a look at the thread Spam but I'm feeling a bit dim today and can't seem to take the info. in, so I'm hopeing that an expert will take a look for me!:DPleeease

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Hiya,

 

The only thing I can suggest is if you post up the document with the amount of loan , repayments ,apr etc With the figures showing and just remove personal details so that it can be checked if its properly executed.

 

Most companies give an APR etc but sometimes they under or overquote on the exact figures and you could actually end up paying more than you should.

 

If the figures aren't accurate then it could be 'improperly executed' so it's worth a look.

 

Spam.:)

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Sorry hit wrong button - DER!!!!

 

Amount of credit = 3,500

Duration of the agreement = 62 months

Total amount you pay = 4,845

Amount of monthly payments = 80.75

APR = 13.4%

Total charge for credit = 1,345

Annual interest rate = 13.45%

 

The annual interest rate stated above is the annual equivalent of our monthly interest rate of 1.057% calculated on a compound basis.

 

Thanks

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Loan Calculation, Thu, 09 Jul 2009

 

 

 

Number of Monthly Repayments:62 Monthly Loan Repayment (£):£77.17 Total amount to repay (£):£4,784.29 Total Interest charged (£):£1,284.29

 

The figures you have quoted gives the above result. It depends now whether there was an arrangement fee etc. which would have increased the monthly payments etc. If not, there seems to be a bit of a problem in their calculations. 8-)

 

You may want to play around with the calculater yourself and see what you come up with.

 

Spam. :-)

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Hi Spam, No there was no arrangement fee. Sorry to sound thick but what are the implications of these figures being wrong? Do you have any advice on what I should do about it? and I will put the figures in the calculator again myself.

 

Thanks again

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Loan Calculation, Thu, 09 Jul 2009

 

 

 

 

Number of Monthly Repayments:62 Monthly Loan Repayment (£):£80.53 Total amount to repay (£):£4,993.03 Total Interest charged (£):£1,493.03

 

 

Yes, It is very strange.. in order to come close to the monthly payments quoted you would have to have an APR of around 15.5%

 

Your monthly payment of £80.75 x 62 (months) actually works out to £5006.50..

 

They have quoted total credit to be £4845 therefore they are charging you an extra £161.50 i.e an extra 2 months payments spread over the 62 months... am I making sense? :???:

 

Spam.:)

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I think the closest APR they have used is about 14%. that almost matches the figures.. but they've definitely been creative with the repayment figures :eek:

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Looks like they just rounded the APR up to suit themselves. I know the difference isn't that much but surely they shouldn't have done it?:confused:

 

I really am not 100% sure, but there is the possibilty that the agreement could be 'Improperly executed' as for those repayment figures the APR would be incorrect by more than 1% and the credit charges don't match the APR, and falls short by more than 0.1 (at least as far as I can make out) but you really do need an expert on that one.

 

I have a similar situation with my Halifax loan

 

http://www.consumeractiongroup.co.uk/forum/legal-issues/204302-spam-getting-grips-halifax.html#post2225533

 

Spam.:)

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Hiya,

I think a SAR is always a good idea. I've recently received the statements from my loan and discovered they've added some nasty charges on it when I defaulted.. I've just got to get round to looking at that.. so IMHO it wouldn't do any harm if you can spare the tenner.

 

Just make sure... if you send them a postal order make sure you make it out to HBOS Plc as if you leave it blank they will send it back to you, as I found to my great cost and annoyance!!

 

Spam.:)

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Hi sent off the SAR today. I have made 20/30 payments on this loan never missing or making a late payment but moved so did'nt use the account much and some t!!t at HBOS contacted me and stated that THEY have noticed:mad: that I have not been making all my repayments(with other companies and in dispute).That I can not afford to live and as a (what for it ) !!! Responsible lender they have reduced my overdraft. Can they just look at my credit file without my permission and for no reason

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if u have an o/draft with them, id suggest they do have a reason really. i think most financial institutions will be doing the same on a regular basis in this economic environment in all honesty

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Hi sent off the SAR today. I have made 20/30 payments on this loan never missing or making a late payment but moved so did'nt use the account much and some t!!t at HBOS contacted me and stated that THEY have noticed:mad: that I have not been making all my repayments(with other companies and in dispute).That I can not afford to live and as a (what for it ) !!! Responsible lender they have reduced my overdraft. Can they just look at my credit file without my permission and for no reason

 

Agreeing with R&B here, if you have a bank account/loan etc. then these companies regularly update your credit file with the information as to whether you are conducting your account(s) satisfactorily or whether you are in default or late with payments and they can check to see how you are behaving with other companies. I have been checking my credit file recently and all but one bad marker on my file is from the Halifax... they're right b**gers and can destroy your credit rating at the drop of a hat.

 

Still, they're part of LLoyds now so what can you expect!

 

Spam. :)

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Thanks Spam r&b got a letter saying they are going to do a home visit this sunday!! Not really sure where to go with this figures slightly wrong, should I just start paying again or is there anything else I can do:confused:

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