doorstep loans

[alli28]

hi im not in any trouble just yet but wondered if anyone on here had heard of a credit place same as provident called G R FINANCE

 

the reason im asking is when ive looked them up ive found nothing

 

i have 3 loans with them and hubby got 2 loans and we paying them back at rate of almost £120 weekly

but hubby has been laid off due to an illness and im struggling

 

we have 4 kids and ive never missed a payment

 

the girl who collects is really nice but she has been moaning alot about people not paying her

and i dont want to let her down

 

ive managed to pay but im really struggling

 

anyone know or heard of them

 

ive heard that these companies are only allowed to give you 2 loans at a time

but again this im not sure

 

any help would be great

 

thanks

[dx100uk]

what is there address?

 

pers, i wouldn't worry too much about short changing them

 

they will never ever go near a court,

 

dont forget, regardless to what might have been intimated

they have no legal powers to demand anything from your door

neither have they any legal right to even call on you

 

simple ans, is if you cant afford to pay them

 

be honest and TELL them they will only get XX for XX months ...endoff

 

you control you finance NOT THEM.

 

have a read of seq's blog in my sig too.

 

dx

[alli28]

they are on the uk finance directory and

 

 

it gives you a link to their website but

 

 

when you click on the link there isnt any website

because ive been trying for a couple of months now,

 

 

i know you say not to worry but

 

 

i think because ive become friendly with the collector then i dont want to let her down,

 

 

my payments are high but i know an old man in his late 60s along the road from me

and his payments are in excess of 300 a week and

 

 

i know other people that have stopped paying them altogether but nothings happened to them.

 

 

i just wondered what the law was on these loans anyway when they allow you to have so many loans running at one time.

[biggeorge]

Firstly you need to take control of this and stop paying the collector £120 a week, How many loans do you have?

Pay what you can afford when they call even if its only £1 off each loan.

 

If the collector moans at you tell them not to call again and write to the company

asking for bank details where you can make payment for the loans and set up a standing order

for £1 for each loan or what ever you work out you can afford.

 

These loans are so high in interest rates that they would never chance court action and while

you are making a payment, even if it is only £1 they would never dare.

 

I have a provident loan of £1000 and paying back £1600 (i think could be higher), I pay what I can afford when

the collector calls,Hes moans I tell him where to go and thats all I can afford.

 

Most door step loans collectors earn commission from what they collect which is why some of them are nasty

gits when you pay less.

 

End of the day its your money and you pay what you can comfortably afford without making any sacrifices for

yourself & family, Most importantly do not panic and ignore any threats the collectors may say.

 

George

[Sk1ppy]

I found GR Finance on the website 'Finance Link' under 'The UK Personal Finance Directory' Page

 

This is the link to GR Finance

 

http://www.financelink.co.uk/result/mortgage_broker/G.r.finance_Mortgages/

 

This link will take you to http://www.grfinance.co.uk which is currently unregistered and is available to buy today.

 

Cheers

Edited July 19, 2011 by Sk1ppy

[alfwithhair]

Is it GR Finance Ltd based in Leeds?

[rebel11]

Thread moved.

[alli28]

yeah i knew there was a link but if you click on it it says page not found so still dont seem to have any website. i think they are based in leeds although im in scotland so not sure im afraid!! yes its short loans shortterm so they actually work out cheaper than provident i think but i think they arte currently poaching provident staff and customers lol so dont really know.

[alli28]

hi just an update which i found confusing,

 

i offered this company £10 a week to my loans as things have got harder and i had to do something

 

but i was told that they wouldnt accept even reducing my payments

and that the boss wanted a meeting with me

 

i asked my agent for their office number and address but she wouldnt give me it

 

i find this a bit iffy as all the time ive been with them i can only ever contact my agent

not got any number for any office and the site link doesnt work

 

surely they must have a landline number or an address?

any help appreciated

 

thanks

[angie3478]

try googleing them to see if you get a name and address, also you could try companies house

[alli28]

i have googled them and got an address down in england im in scotland

 

but this name and address of the place doesnt have a landline number for it

i also tried companies house which does have a gr finance limited registered

but not at same address

lol so confusing because my agent always says im going into office but wont tell me where it is dont really know what else to try!!

 

thanks

[dx100uk]

you are really spending far too much time on these people

 

simply pay the doorstepper whatever you can END OFF.

 

if they moan ASK for the sort code and Account number

 

you should NEVER EVER talk to these muppets on the phone

 

dx

[alli28]

thanks dx and everybody i texted my agent today and told her that was my offer take it or leave it and told her i was going to citizen advice about it and not heard back from her since. also she tried phoning my sons mobile to talk to me and she also phoned my friend lastnight to see if i was there which i find inappropriate but they have had my offer not going to bother anymore thanks guys x

[9211]

How about people only take out debt they CAN afford to pay rather than taking on too much and then complaining about the company!? And yes most collectors work on commission and are only out doing a job to earn an income for there family instead of sitting on benefits. Some people just think they can get everything for nothing! Take take take and give nothing back. If you where to genuinely get into financial difficulty with benefit cuts or loss of job then I would suggest u explain to the agent and Come up with a solution together that would benefit both parties until it can be fully resolved again

[dx100uk]

thread is 2.5yrs old

 

however

 

NO-ONE is obliged to even TALK to a doorstepper

 

as you say

they are on commission

and usually will LIE LIE and LIE again

to spoof money out of people

 

that invariably stays in their pocket

 

never ever PAY a DOORSTEPPER DCA!!

 

closed

 

dx

[silverfox1961]

How about people only take out debt they CAN afford to pay rather than taking on too much and then complaining about the company!? And yes most collectors work on commission and are only out doing a job to earn an income for there family instead of sitting on benefits. Some people just think they can get everything for nothing! Take take take and give nothing back. If you where to genuinely get into financial difficulty with benefit cuts or loss of job then I would suggest u explain to the agent and Come up with a solution together that would benefit both parties until it can be fully resolved again

 

Now, forgive me if I am wrong (although I don't think I am) A doorstep collector is usually sent where relations have broken down with the creditor. Yes?

 

If the creditor did the right thing in the first place by reaching a mutually acceptable agreement, you would be out of a job. Instead, creditors make it increasingly difficult to do so. They set ever increasingly difficult rules which demand of the debtor every facet of their lives to be disclosed before any agreement is reached. It won't be far away that they will want your inside leg measurement.

 

If you are one of the 'proper' agents who work for Provident and the like, you would be able to see what is happening.