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Go Debt Ltd / DAF/Yes Car Credit Assistance

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Hi All,

 

Brought a car from Yes Car Credit in May 2004,

arranged with Yes Car credit to return due to change in circumstances in September 2004.

 

Debt was transferred to Go Debt, apx £6000.

Payment plan in place with my DMP and balance currently apx £1600.

 

Been paying this since 2004 to present date.

Looking for a way to end this and looking for best way to try?

 

I was missold the PPI on this agreement and was told i could not proceed unless it was taken,

PPI was also apx £1600.

is there any option to try with this?

 

This was just before the FSA came into effect in January 2005.

Also the deposit of £110 was subtracted from the Insurance / PPI section on the agreement not the Vehicle,

seen a few comments on here that this can have an impact on the agreement.

 

I have a copy of the agreement but have sent Go-Debt a CCA request.

 

Any Ideas / Best way to proceed?

 

Thanks.

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Youve been cash cowed BIG time.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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Scan up a pdf of the redacted agreement, lets have a look


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I am not legally trained or qualified, any advice i offer is gleaned from experience and general knowledge, if you are still unsure after receiving advice please seek legal advice.

 

 

 

GEMHL Settled

Barclaycard Settled

A & L SETTLED IN FULL :lol:

Spml Reluctantly withdrawn

Blackhorse pre 31-7-06 Demand removal sent 23 8 06. ICO ordered removal jan 2007....REMOVED:lol:

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how much have you been paying them PCM?


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

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Payment amount Varies due to previous debts being paid off

so been able to pay Go Debt more but currently £23.98 PCM.

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total up your payments

 

sadly i suspect you've been had blind.

go debt = bad debt.

 

have you all the statements?

 

dx


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

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To date i have paid £3499.38 to go debt from the original £4962.19 leaving £1462.81 remaining.

 

My financial position is looking up and been working hard at it

 

and this is one of the last large amounts that i am trying to work on.

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I imagine by the time you reclaim the forced upon you insurance along with 12 years interest, it will easily clear the remaining balance and a few quid to boot tho any refund will offset whats owed first


PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

I am not legally trained or qualified, any advice i offer is gleaned from experience and general knowledge, if you are still unsure after receiving advice please seek legal advice.

 

 

 

GEMHL Settled

Barclaycard Settled

A & L SETTLED IN FULL :lol:

Spml Reluctantly withdrawn

Blackhorse pre 31-7-06 Demand removal sent 23 8 06. ICO ordered removal jan 2007....REMOVED:lol:

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Martin, as the agreement was taken out pre 2005 I don't think I can reclaim the PPI Though?

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Oh yes you can, dont know where youve heard that but there isnt a limit to how far back you can go

 

Read here

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?318646-PPI-Single-Premium-Your-questions-answered


PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

I am not legally trained or qualified, any advice i offer is gleaned from experience and general knowledge, if you are still unsure after receiving advice please seek legal advice.

 

 

 

GEMHL Settled

Barclaycard Settled

A & L SETTLED IN FULL :lol:

Spml Reluctantly withdrawn

Blackhorse pre 31-7-06 Demand removal sent 23 8 06. ICO ordered removal jan 2007....REMOVED:lol:

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not so fast on that

 

ppi

gap

breakdown cover

19.9% APR on that lot

they owe you.

and why has the auction value not been taken off either.

ps..you paid £45PCM of every payment toward those

 

you owed 4602.92 for the car

you've paid £3499.38

leaves 1103.58

 

I bet they got more than that at auction for the vehicle

 

so you owe them NOTHING

stop payments now.

 

dx


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

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PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

I am not legally trained or qualified, any advice i offer is gleaned from experience and general knowledge, if you are still unsure after receiving advice please seek legal advice.

 

 

 

GEMHL Settled

Barclaycard Settled

A & L SETTLED IN FULL :lol:

Spml Reluctantly withdrawn

Blackhorse pre 31-7-06 Demand removal sent 23 8 06. ICO ordered removal jan 2007....REMOVED:lol:

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https://cse.google.co.uk/cse?cx=partner-pub-0964707606882478:652l7hswbgv&ie=UTF-8&q=direct+auto+finance+ppi&sa=Search+CAG#gsc.tab=0&gsc.q=direct%20auto%20finance%20ppi&gsc.page=1

 

however as I said

you owe nowt

stop payments

and let them take you to court

 

they'll lose hands down and they know it

 

end of the problem


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

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in regards to the comments about the car auction value being taken of this final value

according to the attached letter this was already taken off the amount prior to the debt being passed to go debt.

 

I will write to Direct Auto Finance and request a refund of the PPI that was mis-sold.

 

I will also instruct my DMP to stop making payments to go debt

but does anyone know a template letter i could send to Go-debt

to tell them not to expect any further payments and the reasons behind this?

Edited by dx100uk
pdf shunk from 10Mb to .5Mb - dx

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Who is your dmp


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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My DMP is with Debt-Line which was brought by Lawrence Charlton.

 

I have a few debts assigned with them but slowly getting these closed, and dealing direct.

 

That was the last letter i received from Yes Car Credit before it was handed to Go-Debt,

when the threats of court action was taken, etc. I was younger and nieve so assumed i had to pay.

 

My credit was poor to say the least but now getting back on top and querying all my accounts with CCA requests,

reclaiming PPI and even had some success with getting accounts removed from my Credit File.

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Ditch that dmp. They're cash coming you. The money you pay them could be used to pay your debts, and they will NEVER Challenge your creditors on the debts validity


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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Hi gaz2k1,

definitely go for the PPI refund,

if you paid £1600 that long ago you will be in for a very sizable refund.

 

Ive just got £1706 from Citifinancial from around 15 years ago.

 

I also got £180 from Barclay's for £24 PPI that was applied to a credit card

from around the same time.

 

Im on a roll now and there are claims flying everywhere!

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you write or sar the DMP providers

and demand the full & final pot they have amassed back too.

 

 

dx


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

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not so fast on that

 

ppi

gap

breakdown cover

19.9% APR on that lot

they owe you.

and why has the auction value not been taken off either.

ps..you paid £45PCM of every payment toward those

 

you owed 4602.92 for the car

you've paid £3499.38

leaves 1103.58

 

I bet they got more than that at auction for the vehicle

 

so you owe them NOTHING

stop payments now.

 

dx

 

now we know the auction cost is already include

 

so

you owed 4602.92 for the car

you've paid £3499.38

leaves £1103.58 is correct

 

you need to do a spreadsheet now for the insurances.

 

you paid £171.61 every month [your PCM]

of that £43.75 was for the insurance

therefore:

43.75/171.61*100=25.5%

 

so everytime you paid them anything

25.5% was for the insurance

 

if you have a list of what you paid and when

you can enter every ins payment into this sheet

 

This first spreadsheet is the latest version of the statutory interest calculator and is used for Single Premium PPIlink3.gif cases. It can also be used where rollover PPI is involved, i.e. a new loan re-financing a previous one and where PPI is included in one or more loans. It can also be used for S69 redress calculation on any sum, like on a closed/frozen interest PENALTY charges claim.

 

StatIntSheet v101.xls

 

I would not be writing to anyone

stating you have ceased payment nor wish the PPI back until you get the spready done


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

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I have got the SAR request ready to go but don't know where to send this.

 

I don't want to ring them as i want all in writing

 

their website does not exist any more (Go-Debt) and

 

i have emailed them a few days ago asking for a postal address

(Have previously received replies from this address) but not yet received a response.

 

In the mean time i have requested though my DMP company to stop payments. Any more i can do at this stage?

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request?, demand they stop all payments

cancel your DD to them

and demand the pot they hold returned.

 

as for go debt

 

look them up on the FCA companies check website

if they are still registered

use that address


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

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Go Debt taken over by TBI send SAR to the dmp data controller

 

 

 

http://www.credittoday.co.uk/article/17876/online-news/niche-debt-purchaser-acquires-go-debt


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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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

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Guys, thank you.

 

I have cancelled all payments to Go-Debt now. I have also sent the SAR request to Go-Debt now have the address, but also received the CCA request from them which i emailed last week. Does this look above board until i receive the SAR?

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