Jump to content


BankFodder BankFodder


Blemain Finance early redemption figures

style="text-align:center;"> Please note that this topic has not had any new posts for the last 2874 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hi all

It,s been a very long time since I have been on here but I would appreciate some advice .


In 2006 i took a loan with BF for £13,500, they added another 1k for broker payments were for 96month. Variable interest 18.4%APR but statements show 15.4% each month.The original payments went up after a few months and have stayed the same ever since.

We are in process of selling and today I received copy of the redemption figure.

There are only 20mths left on loan

outstanding credit is just over 5k

they have only given a rebate of just over £600 despite the agreement stating:

the amount payable per £100 AFTER 72mths is £49.19

they have added just over £1300 in fees and charges and just over £1700 in additional interest

the final figure comes to just over 8k


This must be wrong surely. I have asked the solicitor to query it but don't think they will do much.


All opinions appreciated.

Share this post

Link to post
Share on other sites


Share this post

Link to post
Share on other sites

Right as I thought the solicitor won't do anything so he says I have to contact BF to challenge it.

Where do I start? Have tried phoning the new Citizens consumer advice line and their phones are not working!

Share this post

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.

  • Have we helped you ...?

  • Create New...