Ge money....help

[Pjsgirl]

Hi,

 

I thought I'd see what I can do about settling a joint ge money loan taken out approx 7 years ago.

 

Unfortunately I've been reading posts on here and now think I'm in for a rough ride :

 

I spoke with them last week and have a settlement figure of 4.5k although the original debt was only about 6k.

 

I was actually hoping to be able to offer a reduced full and final settlement but from posts on here it seems highly unlikely.

 

The loan was taken out jointly by my ex and myself.

 

We split and had a couple of joint debts so we agreed to take one each, I'm stuck with this one.

 

I have absolutely no idea what I can do or need to do to get this from around my neck.

 

I haven't missed any payments, although they are usually a week or so late ( now a single parent)

 

The account isn't in arrears ATM as I'm usually borrowing from my parents to make payments,

a friend of mine has offered to help me clear it as it's going to take me about 30 years to settle otherwise.

 

Any help or advice would be hugely appreciated x

 

Thank you sooo much for reading

 

Pjs girl x

[dx100uk]

secured or unsecured.

 

have you sent them an SAR to get all the statements?

 

is it still with GE money?

 

is this on your credit file too?

 

dx

[Pjsgirl]

Hi dx100uk

 

it's unsecured,

I haven't sent a sar, I've recently moved so I have to write to them for change of address, they won't accept phone call!!! I'm sending that tomorrow, should I wait for confirm address before sending sar?

 

Yes still with ge and on credit file

 

Pjsgirl

[dx100uk]

add your old address in a line of the sar

 

inc a copy of your new CTAX bill as proof of where you are now living.

 

i'd not be talking on the phone either!

 

dx

[renegadeimp]

If after 7 years the loan is still at 4k, you could have some nice reclaiming to do.

[Pjsgirl]

add your old address in a line of the sar

 

inc a copy of your new CTAX bill as proof of where you are now living.

 

i'd not be talking on the phone either!

 

dx

 

Thank you, I will.

 

Oh and I never have phone contact except when I wanted to change address

 

What should I expect after I have sent sar?

 

Sorry total novice to this, usually pretty good with these sorts of things but this seems so confusing, not as cut and dry as I had hoped lol

 

Thanks

Pjsgirl

[Pjsgirl]

What could I possibly claim? Pretty sure no Ppi on it......... Sooooo confused lol

 

Pjsgirl

[renegadeimp]

Ge are known for charging insurances/charges, then afdding more interest on top of those, then adding more charges, then more interest.

 

You need to get a SAR going so you can see exactly what theyve been up to the last few years.

[Pjsgirl]

Ge are known for charging insurances/charges, then afdding more interest on top of those, then adding more charges, then more interest.

 

You need to get a SAR going so you can see exactly what theyve been up to the last few years.

 

Ok thank you, really appreciate all the advice, doesn't seem so terrifying now.

 

Pjsgirl

[dx100uk]

time to do some reading around then.

 

dx

[renegadeimp]

time to do some reading around then.

 

dx

 

Agreed. There are lots of threads which show how this company operates and how to go about dealing with them.

[Pjsgirl]

Thanks guys,

 

So change address, then sar.

 

And then read through to check every charge and any extras they've added.

 

Then what? Do I post response for more advice?

 

Pjsgirl

[dx100uk]

link 3 below

[dx100uk]

I would not await to change address

just send the sar now as I advised earlier

 

the quicker you get the info the better.

 

dx

[silentknight8178]

hi just wondering if u have a current address for GE money as i had some finance with first national tricity finance and im looking to send a sar request. thanks

[dx100uk]

use our search box of the grey top toolbar.

 

 

dx

[dx100uk]

FWIW they are now Santander

 

 

dx

[Pjsgirl]

hi just wondering if u have a current address for GE money as i had some finance with first national tricity finance and im looking to send a sar request. thanks

 

Hi I just googled ge money online and went to their contact us page, it has address which is the same as the ones on their letter x

[Pjsgirl]

Hi

 

Ge have finally sent the info, after having issues changing my address !!!

 

Do I need to post all paperwork or just the ones with payments/charges etc x

 

Thanks in advance

 

Pjsgirl

[dx100uk]

you are looking for re-occurring fixed sum fees

 

 

arrears, letter, phone call, debt advise , etc etc

 

 

dx

[Pjsgirl]

Hi guys

 

sorry it's been a while, lots going on,

 

I can't find link to post sar letters

 

Pjsgirl

[citizenB]

Pj, you need to convert your images into pdf format - at the moment they are not that easy to read.

[citizenB]

If you have left any personal information on them, you need to remove that as well ?

[dx100uk]

put all the redacted scans into a word document FIRST

 

 

then PDF that and attach it please

[dx100uk]

what are you posting up anyway?

 

 

you need to look at the statements for arrears/letter/debt management fees etc etc

and if they have charged PPI oe anything else like life ins on the agreement

dx