Blemain finance

[midge61]

HI Jimbo

 

I have just posted a query about this in the consumer credit act thread so hopefully someone will come along with some advice soon.

[Peterbard]

Hi

No sorry your loan would not be covered by the cca the limit is removed on the 6th April 2008.

I presume you are in FSA teritory.

 

Hang on a minute are you sure they have a court judgement did they issue a default and did you get enough time and information so that you could attend.

Ring them up and ask for a Court case number and which court it was heard in, ask them why they didn't send a default notice with the appropriate remedies before action as required by law.

 

I doubt very much this has gone to law but as i say ring them if they dont have the details it will put your mind at rest.

 

Regards

Peter

[groovycaz]

I doubt very much if this has gone to court, firstly if they take you to court you would have recieved a summons to appear and the reasons for the summons, you would have been given a court date, they cant just say its been taken to court you would have been informed by the court, I would hang tight on this one and do not take out another secured loan with Blemain because when your cash comes in in 6 weeks if you try to repay your "NEW" loan early the redemption fees are shocking, There is only a judge who can remonve you from your property and they only ever do this as a last resort, you are attempting to put things right by speaking with them and keeping them informed of your circumstances so no judge would ever evict you when you are attempting to put things right, be carefull of the amount of charges they WILL add to your account when you fall into arrears, its these charges you will end up fighting for as this company will rob you blind, keep us posted and good luck GC

[davefirewalker]

I agree with the last few posts...

 

They cannot just say that they have taken you to court.

 

where is the summons?

 

If you do get one you must attend! put your case to the judge, and he will be on your side.

 

best of luck

[midge61]

Hi Dave

What was up with dirty harry then?

He really went to town earlier.

[groovycaz]

Hey Midge

whos dirty harry? have I missed something...GC

[davefirewalker]

Hi Dave

What was up with dirty harry then?

He really went to town earlier.

 

Yes I know....

 

they even deleted my post ....?

 

got a copy of it anyway for future reference

 

Dave

[midge61]

Hi gc

It was a poster on another thread who really went to town big time having a go but suddenly all the posts got deleted!!!!!!

 

oh well dave thats tonights excitment over with!

[midge61]

Hi

Morning all.

Well the BA*****DS at BF have today sent a statement of account in reply to my SAR and the £10 has been applied to my account!!!!!!!!!

 

Second letter is a default notice giving me 14 days from 6/7/07 to pay 2 months payments or face a possession order!!!!!!!!!!

 

I haven't got the money and they still have'nt dealt with my complaint so in a bloddy mess.

[midge61]

HI

 

Any body about today that can help please.

[midge61]

Hi all

Well I contacted Consumer |Direct and they said it wasn't in their remit and to contact FOS, but already done that and they said it not in their remit!

Tried TS and they said it not in their remit either so I'm on my own in this.

 

Have sent a letter to BF saying I can pay in full on 25th but not before and pointed out that they have failed to send their complaints procedure and that they haven't dealt with the complaint and that they have 21 days left on the sar and wrongly dealt with that so far.

 

BF have 8 days left for cca.

 

I feel out on a limb at the moment but don't know what else to do.

[groovycaz]

Hi Midge,

I had exactly the same problem with BF, its as if there is no organisation overseeing the underhanded way they operate, its as if they are untouchable, there must be someone, somewhere who will listen and take on board and do something about our complaints against Blemein, there has to be surely or else all the financial institutions would be able to do whatever they want and charge the consumer whatever they want, who are they, and whats all this about only recently coming into their remit, so what, they ARE in their remit now so why dont they do something, it makes me so mad, I know how you feel Midge ive been down that road, its like beating your head against a brick wall.. Il stop now or else il rant on all night..GC

[midge61]

Hi groovy

 

Ive decided to do an e-mail back to TS as the reply I got was very patronizing suggesting that I contact the national debtline for help.

 

I will see what comes of that.

[midge61]

Well I've done a letter of complaint to TS.

 

I am writing to complain about the advice I was given on 11/7/2007 by ***** ****.

I emailed her about an issue I have with a loan company failing to deal with a complaint I made to them back in March 2007. They have continued to ignore my complaint and have refused to supply me with their complaints procedure.

My e-mail (copy attached) details the steps I have taken to get them to deal with the complaint and the things that have happened since.

I was not requesting advice about debt but because I have so far contacted the Financial Ombudsman and Consumer Direct and been told it is not in their remit I had hoped for some professional advice from you with regard to this companies poor trading practices.

Below is a quote from the Trading Standards Institute website which for some reason made me think that you would be able to advice

“Our aim is to promote excellence and enhance the professionalism of our members in support of empowering and informing consumers, encouraging and working with honest businesses, targeting rogue traders and rogue trading practices and contributing to the health, welfare and wellbeing of citizens and communities.”

I would now appreciate it if you could look into this company’s failure to send me a copy of their complaints procedure and the fact that they have spent 4 months ignoring my complaint. If you cannot do this I would appreciate a detailed explanation as to why not.

 

See if does any good.

[scarlett79]

Hi all, me and my b/f took out a loan as we were swamped with debt from bank charges and feared we would lose our house, so we took out a loan with blemain finance. (If only i found this site earlier) Anyway the agent came out and my b/f spoke to him, I was really ill in bed at the time so my b/f had to bring papers up to me, the agent said he should witness all signings, but he didnt really mind. Anyway as we were desperate with being behind on our mortgage we just signed all. Its been a couple of months now and I just found the copy of proposed agreement and also a signed (by us) legal charge. Obviously I now realise that they have mass control over us and our house is at risk with them now if we miss payments. I dont see why we had to sign this legal charge as we have other secured loans and had no dealing with this company before. Also I was told I had to sign the loan to have a better chance of it going through even though I didnt put any of my income down and it was all based on my b/f income. Even though we were desperate I might of reconsidered if the legal charge had of been explained to me. (I mean if I was ever unfortunate enough to lose my house I would prefer it to be to the bank and not for some loan) When i told my b/f about it he was as suprised as me. On the letter I now see it says (you should take independant legal advise before signing) but the agent came round at about 7-8pm at night, and with me being ill in bed my b/f just did as he said. I know there is probably nothing i can do but paying back £10,785.03 for a £5,000 loan just feels like we were a bit ripped off. Anyway sorry to go on everyone. Im sure they are under three names on my b/f credit report one is (Blemain Group) who we got the loan from so thats fine, but then theres (Future Mortgages- Dean House) obviously we know dean house is associated or part of them. Forgot the third. Also on some-ones earlier thread I think he linked his (copy of proposed credit agreement) well mine is same as his, except in his (other financial information box) I have been charged a £200.00 acceptance fee. Well Im just going to get a CCA in post I think.

[midge61]

HI scarlet

 

I have sent a sar and a cca and am waiting their response.

 

The sar payment was applied to my account..... the numptys so have sent a nudge letter.

 

They are one of the worst companys around unfortunately!

 

Good luck

[scarlett79]

Hi Midge

 

Well my loan has only been going about 7-8 months and I know I have made 2 late payments so I know I will have a few charges there. Im hoping to release some equity on my house in 6 months time hopefully my credit report will look better then and with part of it I plan to get rid of Blemain scumbags. Ive heard of other companies putting the SAR fee on to ppls account instead of using it for its proper purpose. Its disgusting that TS and fsa and places like that offer no help, then again its not surprising as thats all I ever seem to read about them, on issues all over this site. Fair enough they cant go on 1 persons complaint but surely the amount of complaints they get from ppl should make them take some sort of action.

[scarlett79]

Just done a quick calculation and if correct there really is no point in me repaying early as I think it will still amount to £10,000 on the £5,000 loan. because it only goes down to £107.66 on every £100 after 30 months of paying. I always thought that when you re-payed early you would just have to pay just under what you borrowed. I dont even know why the loan was taken out over 10 yrs its more like a mortgage, I thought you could choose your repayment terms but we weren't even offered, so unless you dont then. The worst thing is, shortly after we got the loan I successfully claimed against halifax. Why didnt I find this site earlier.

[groovycaz]

Hi all

just found another thread by jimbocrackers ' secured loan'

Blemain are taking him to court because hes behind with his payments, another poor soul worried the robbing b******s at blemain are going to take his home off him... god i hate BF...GC

[groovycaz]

Hi all

just found another thread by jimbocrackers. another poor soul Blemain are taking to court as hes behind with his payments and they want to take his home off him.. god i hate BF scumbags...GC

[groovycaz]

Hey midge

just noticed your from somerset, was just down your neck of the woods a couple of weeks ago, went to glasto for the festival, had a brill time...GC

[midge61]

Hi all

 

groovy- glasto is just 40mins away from me,glad you had a good time. My father-in-law is frm Durham.

 

scarlet- if you take a look at the link below it is trading standards explanation of how early settlements should be worked out.

 

Trading Standards Central - Trading Standards and Consumer Protection information for the UK

 

Mrs. midge lol

[JonCris]

groovycat if you ever find them please let us know as our so called regulators are about as much use as a chocolate teapot.

 

Most if not all are the subject of maladministration claims - so that tells you a lot:-o

[midge61]

hi jonchris

 

can you expand on the maladministration claims please as would be most helpful.

 

There are several people who have put their stories in this thread now all are having trouble with BF who seem to get around things by saying they didn't recieve letters or they have lost them.

Thanks

[sanddancer]

I am having the same prob with First Plus....Has anyone got any links to the OFT ruling or the FSA ruling...ALL help needed.

I was charged .....Interest...then settlement interest....then settlement Fee..

then rule of 78 interest...FOUR SEPERATE CHARGES FOR EARLY SETTLEMENT