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determindator

Panorama 2007 wish you were here

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Hi determindator

 

Could you please expand a bit on your reasons for the thread and links as it will help you get responses.

 

Much Appreciated


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I cannot give any advice by PM - If you provide a link to your Thread then I will be happy to offer advice there.

I advise to the best of my ability, but I am not a qualified professional, benefits lawyer nor Welfare Rights Adviser.

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The programme highlighted the problem of a loan 'designed to fail'.

Why would you sell a loan product supposedly to 'help' the customer as you are lead to believe,

but in reality it's the worst loan set up a lender could offer if you need help.

 

 

It's taking advantage of people who believe they are being sold a straight forward loan product,

as the nice selling process promotes, reality is different.

 

 

Imagine, it can be sold on and is used as an investment tool.

There should have been a Government health warning attached to these loans.

 

I hope the reports shown here will inspire borrowers to complain to the FCA,

tell them your story, how it was sold, did Swift explain in easy to understand terms,

if you want to repay early what you would be expected to pay.

Variable int rate is understood to mean down as well,

it is not stated any where the int rate will never decrease.

Excessive charges.

 

There are many other complaint issues which you can raise.

 

I'm raising awareness of the secured loan shark.

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I want to do PPI calculations and if you will guide and help me please DX100 on this. Gr8 thanks.

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To start with the PPI was for £3500 which was added to the loan, still accruing int and ceased to have any claim value in 2008. Therefore, six years later paying for a service which doesn't exist, plus it was mis-sold in the first instance.

 

This £3500 has been added to this loan for thirteen years! Swift have also added charges so the PPI is part of an expanding amount.

 

My question being is there a CAG link for the calculations appropriate for my situation or is that too simplistic. In that case step guidance would be much appreciated.

 

Just out of interest, if this loan had been fixed at the original rate, which was much higher than mortgage rates at the time and has continued to be, it would have been paid a few years back. Even it was fixed at the even higher rate now in excess of 12.7% from day one, it would still be paid by now. Swift say in excess of £76k is still owed!!

 

Now we see why this issue needs action.

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PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

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everyone has told their story to the FCA and they were as interested as the FOS.

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everyone has told their story to the FCA and they were as interested as the FOS.

 

There has been some positive results from the FOS but more to do. The treasury select committee aware which helps.

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Can you put a link to that other thread please ?

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Page 28 174 30.pdfHere you go..

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

Uploading documents to CAG ** Instructions **

 

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

 

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy -

HERE

2: Take back control of your finances -

Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors?

Read Here

4: Staying Calm About Debt

Read Here

5: Forum rules - These have been updated -

Please Read

 

 

BCOBS

 

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

 

 

 

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

 

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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You will need to google for other pages as follows :

 

Legal Round up with Robert Rosenberg - quarterly account autumn 2010 28

 

The last 2 digits are the page number so if you want the page prior to the one you posted up (27) you will have to change the last two digits to 26 in the search.

 

The page I have posted is 28 which is what you requested.


Have we helped you ...?         Please Donate button to the Consumer Action Group

 

Uploading documents to CAG ** Instructions **

 

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

 

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy -

HERE

2: Take back control of your finances -

Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors?

Read Here

4: Staying Calm About Debt

Read Here

5: Forum rules - These have been updated -

Please Read

 

 

BCOBS

 

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

 

 

 

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

 

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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You will need to google for other pages as follows :

 

Legal Round up with Robert Rosenberg - quarterly account autumn 2010 28

 

The last 2 digits are the page number so if you want the page prior to the one you posted up (27) you will have to change the last two digits to 26 in the search.

 

The page I have posted is 28 which is what you requested.

 

Gr8 thanks CB.

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:thumb:

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

Uploading documents to CAG ** Instructions **

 

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

 

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy -

HERE

2: Take back control of your finances -

Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors?

Read Here

4: Staying Calm About Debt

Read Here

5: Forum rules - These have been updated -

Please Read

 

 

BCOBS

 

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

 

 

 

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

 

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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I am trying to get a copy of (or transcript) of the Panorama programme that featured Swift.

I plan to write to the BBC to ask of the copy but does anyone know what the actual programme is called?

 

From the title of this Forum thread it looks like it might be called "Wish You Were here"

but when I go back through the BBC's archives for 2007

there is no Panorama programme called "Wish You Were Here"?

 

Any ideas on name of the actual programme that involves Swift would be most appreciated,

or even better how I can hold of a copy?

 

Thanks

 

William

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Thanks Conniff

 

Seems like the programme was "Sub Prime Suspect" but Swift seem to defend themselves well with their statement and what is said on the Mortgage Strategy page.

 

Anyway thanks for the help

 

William

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Just seen Conniff's post. I titled the thread to wish Panorama would be here to make a follow up on the original programme in 2007.

 

Swift are still under scrutiny, may it not take long to stop them.

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