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GE Money Home Lending


Malaga14
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The biggest mistake of my life was taking out a secured loan in 2006 through GE Money for £36,000. I have questioned the legality of the loan as there was no credit checks searches bank statements or pay slips.

I am paying it for another 12 years how can they charge 12% interest and also why is it they rates never come down.

Is this loan legal and avoid GE Money at your peril, I have worked out the loan will be double that when it is paid off.

Any advice would be welcome

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I guess you have received your annual statement like me today. I have just noticed I have £650.00 of interest bearing charges and an additional £285.84 of additional interest incurred totaling £935.84, can I try and claim all these back, does anyone know please?

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