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Don't know where to start with car finance issue help needed


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I'm really hoping for some advice

 

 

I've no idea where I stand it's also complicated,

 

 

I took out car finance with credit 4 cars in May last year (I have poor credit)

 

 

got the car never missed payments,

 

 

in October we were thinking about trading the car in for newer model,

 

 

I phoned credit4 cars

they said I would receive early settlement figue by post,

 

 

I did the calculations were all listed and the figure was 1241,

 

 

we decided we were not going to trade our car in we were going to keep it,

 

 

on the 1st November whilst travelling to visit family we were stationary in traffic and

some one drove into the back of us writing the car off!

 

 

The insurance company requested a settlement figure from credit 4 cars and they gave a figure of 2450!,

 

 

when I enquired about the difference in the figures

 

 

credit 4 cars told me that the first figure was wrong due to a system error

 

 

and she wouldn't lie to me as she had a mortgage to pay can they do this?

 

 

Any advice would be gratefully received many thanks in advance

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dunno

 

 

why don't you sar them and find out what went on.

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Thank u how will this help me?

 

 

I've tried using the calculators but they say the interest is to high to calculate,

 

 

do I have grounds to argue these figures being different?

 

 

I did ask if they had made a mistake with the first settlement they sent me

 

 

why was I not informed but they fob me off and

 

 

I don't know my rights so I end up giving up should I?

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the sar narrative will reveal the account communication and history

 

do you have your original agreement?

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

 

 

Any help I am able to give is from my own experience only. Should you have any doubt you should contact a qualified professional.

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if you could post up your original agreement and sar reply when you receive it

 

minus personal details, we can check it for you

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

 

 

Any help I am able to give is from my own experience only. Should you have any doubt you should contact a qualified professional.

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surely as long as the insurance pays off the finance and you are not left wih anything to pay

theres no issue

 

 

or am I being blind here and missing something?

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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surely as long as the insurance pays off the finance and you are not left wih anything to pay

theres no issue

 

 

or am I being blind here and missing something?

 

 

dx

 

Thanks but I think that's missing the point

 

 

how can the settlement figure double in a month when the finance company think the insurance is just going to cover whatever they say?

 

 

I have a document that states the calculations and figure at 1241 and

 

 

a month later they are asking for 2450?

 

 

Due to a system error?

 

 

that's the case why wasn't I informed of the error surely they can't do this?

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Depending on the insurance valuation of the car

 

Will the figures quoted pay off the agreement?

 

Will you have anything left towards a new vehicle?

 

Post up the agreement together with the amount paid and no of payments made to date

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

 

 

Any help I am able to give is from my own experience only. Should you have any doubt you should contact a qualified professional.

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Depending on the insurance valuation of the car

 

Will the figures quoted pay off the agreement?

 

Will you have anything left towards a new vehicle?

 

Post up the agreement together with the amount paid and no of payments made to date

 

I did post the agreement but can't see it now can u confirm if you can see it thank u

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from dx100uk

 

HOW TO uploadlink3.gif DOCUMENTS / IMAGES ON CAGi

IMMEDIATELY YOU DO NOT NEED 10 POSTS

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IMPORTANT To protect your IDENTITY and ensure you remain ANONYMOUS on CAGlink31.gif

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PLEASE REMEMBER: It would be better to upload a Multi-page PDF rather than multiple Single PDFs.

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- Logically Name your PDF File so Users know what it is. DO NOT NAME YOUR FILE USING BANK NAMES OR CAG IN THE TITLE

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- For Example: Default Notice DDicon-MM-YYYY.

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IMPORTANT To protect your IDENTITY and ensure you remain ANONYMOUS on CAG please ensure that you do a final check that all Personal Information including Barcodes, Names, Addresses etc. are REMOVED before carrying out the NEXT STEP

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5. HOW TO UPLOAD YOUR DOCUMENT ON CAG

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- In your Thread/Post open a new msg box here.

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- You DON’T have to put a link to the attachment in the msg box just upload it ……… JOB DONE

- You can click on your links to check them too!!

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

 

 

Any help I am able to give is from my own experience only. Should you have any doubt you should contact a qualified professional.

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PDF please cant read postage stamps

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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