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Specialist Motor Finance Ltd Car HP - Car Repossessed now chasing balance.


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sorry id put up with the hardship

50% int rate

you are bound to fail again.

as there previous name The Funding Council

they simply rip people off

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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If you remedied DN by paying arrears in full in cleared funds by the specified date then repo would be unlawful UNLESS you are still in arrears AND a further DN has been served which has not been remedied.

 

 

Your posts do suggest that you are still in arrears so this is a real possibility.

If you intend to go down the route of allowing what you think is an unlawful repo to proceed (which can mean you get a full refund) it might be prudent to check if there is a further DN oustanding.

 

Just to put to bed the argument over validity of the DN, 4.1.2 of your agreement clearly states that 2 payments in arrears is a default.

 

It is concerning that you are not allowed to make part payments.

That could be a breach by the Creditor.

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is this on your credit file?

 

noddle

clearscore

Experian

 

are all free and might give the defaulted date.

thus pointing to a more recent DN.....

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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No recent default just the one dated30/06. Which they have admitted has been paid and on time.

 

Yes it's on file but again default for 30/06 but no update since.

 

They have also told me they will accept part payment but I must pay more then I can afford.

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Well if this were me I'd gladly let the repo take them to the cleaners and put your payments toward the lump sum you get out of 'em for unlawful repo

 

If they were so sure they'd not offer a compromise

 

My major reason being the 50% int rAte

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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I hope we are getting the full and true story here

someone behind the scenes is doubtful going by all the previous incidents with this type of thing and cars that you've made threads on here already.

 

 

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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Share on other sites

The other cars have gone as had payment boxes on them,

 

this car was got when I was working full time

till employment ended

partners job started this year then ended September this year.

 

default notice was paid within time frame

 

no other notices received,

 

then someone comes out telling me taking car away.

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can you try and explain that all again

I don't understand what you are saying

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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I don't get What you meant above,

 

yes I've had cars in past and had advice on here in regards to them but I have posted all agreements here to show everything.

 

The default notice was paid on time and since then a payment has been missed and a person tried to clamp car without notice etc.

 

I just don't know what you want me to explain

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Well if this were me I'd gladly let the repo take them to the cleaners and put your payments toward the lump sum you get out of 'em for unlawful repo

 

If they were so sure they'd not offer a compromise

 

My major reason being the 50% int rAte

 

so post 60 refers then

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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think they might have realised their mistook

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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  • 1 month later...
  • 1 month later...

Ive another thread about car finance with Specialist motor finance and they took the car on 31/10/2017, today i got an email saying i still owe £7679.96

 

Ive requested a break down of what that is, because im working out that it is not that much, on the last default notice says:

balance outstanding 14,234.24

less allowable rebate 5720.32

total amount to be paid 8513.92

 

when i work out the car sold in auction for 5642.00 and im under impression because on default notice it states we shall allow credit to the Balance outstanding

(i) for the statutory rebate calculated on the balance outstanding at the time of the actual payment by you and

(ii) if we have taken possession of the goods and sold them, for the amount equal to the net sale proceeds received by us after deduction of the costs of repossession and sale. (above amounts are on the default)

 

i must be miss understanding the information if so, i can not afford to pay them anything as we do not have anything!

 

the email says if i do not respond by 23/01 then they will start litigation process which will put my personal assets at risk with enforcement proceedings.

 

im trying to get through to national debt line to help but no luck so far.

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It is essential to get a SAR sent to the lenders

 

The comms log and account statement will confirm the position regarding the default notice

 

to see whether you have a case or not

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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  • 2 weeks later...

pop those into ONE multipage PDF please

read upload

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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But the SAR for the full comms log?

 

And the agreement to see what charges were listed in it?

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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  • 2 years later...

A few years ago now I have another thread but can’t post in it sorry

 

car was repossessed and I’m still awaiting the SAR, today they updated my credit file and now 2 years of default on there and saying I owe just under £8000, I’ve contacted them again to sort the SAR but nothing they saying the complaint was closed in March and I owe the money. 
 

I was trying to move house and now this is on file it’s unlikely I will be approved any help on what I can do to get them to do the SAR please 

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Which thread.  Please provide a link to it

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open

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  • Andyorch changed the title to Specialist Motor Finance Ltd Car HP - Car Repossessed now chasing balance.
  • BankFodder locked this topic

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