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Blemain Finance & excessive charges & Repo attempt.

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Hi, im new to this but

 

am having problems with Blemain.

 

My loan was 5k in 2006 now out of term and

 

they say i owe £6500 still in charges, late payment fees etc etc.

 

I have started a PPI claim against them already as it has come to light they never cancelled it when i requested they did

 

but now would like to see if i can make them reduce/wipeoff their enormous charges

 

- any advice would be apprecited as these people are beyond reason ...

 

.......... thanks

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welcome aboard

 

have you all the statements ?

 

dx


..

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no ive done one of those sar thingies that i found on here earlier today

but would be interested to know if anyone actually got anywhere with it.

 

i dont recall that they sent statements unless i requested them

but they do send me letters and lots of them and charge me for them as well.

 

they are currently trying to repo my house despite my account being out of term now

and they have refused verbally to review their charges on my account already

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Presuming the loan was regulated by the Consumer Credit Act 1974 (and I see no reason why it should not have been), then from October 2008 onwards Blemain were obliged to send you statements at least annually. Their failure to do so has consequences for them as laid down in CCA2006.

 

What was the original term of the loan?

 

You say they are trying to repossess your house, have they actually started the legal process for that? If so then I would guess you need urgent help to fight them, and the guiding hand of some of CAG's legal brains.

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yeah they are, i have two weeks to find another 400 (paid 600 at end of october) to stop repo order scheduled for 20th november, fingers crossed i will have it. as far as i am aware i dont have copies off the paperwork it was regulated, i have requested a sar from them last week and am waiting for this but to my recollection they have not sent me statements so who would i report them to for this. thanks

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It's not so much a case of reporting them, more that they are not allowed to add interest while they are non-compliant (I think, I would need to look at the regulations closely).

 

 

It seems to me that since you are in the legal process you need better help than I can give, I will flag your thread up to the site team to get you moved over to the appropriate forum and have the experts look at your case.

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If there is a repossession hearing, then I think this needs to be in the forum for repossessions.. so will move it there now.

 

You should certainly be making plans to reclaim any of the charges that you have been hit with.


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Was the loan secured against your property or is there a charging order?


 

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