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    • Hi DX   That is the only info letter I have we can't locate the first letter or original parking fine notification My wife said there wasn't  anything on the car windscreen. Do I ask the DC for the original notification ?   what shall I do just wait until they pursue through court ?   apologies for lack of info  Cancookwill
    • Hello, I've been following this thread and have some experience to share... Stand by for lots of words.   About 6 weeks ago, the engine seized on my car - 10 days before planning to use it for our 2 week trip around the UK!  I searched the internet for companies who could replace/rebuild the engine and get it back to me in time... One company that came up was 169 UK. I called the number and explained my predicament and the chap on the phone (who called himself Lee - I'm not convinced this was his real name) promised that if the vehicle got to him the next day or so, he'd have it done in time for our holiday!. He gave all kinds of reassurances about the types of vehicles they work on, from Porsches etc, even people from Spain taking their cars to him.. All work came through 3rd party websites (how i'd found them too) so you generally wont find reviews.    I was weary going into this, but you got to put your faith somewhere, right? so off it went on a trailer to Essex. NOW... I'd already asked where it would be going and I also tracked it by leaving a mobile phone hidden in the car. Interestingly, the place i was told i'd be collecting it from was not the same place the recovery guy (called Patrick?) told me he was delivering it to..    Anyway, they get the car and straight away tell me that the sump is full of diesel and that my ECU is faulty and its locked open one bank of injectors - causing the failure. All of this is feasible, but it meant that the car would not be ready in time for my holiday  He also tells me the DPF's (i'm sure it only has one, but he referred to there being more) were also completely blocked solid and needed to be dealt with (in this case, drilled and mapped out - which is also illegal) All of these little extras have now taken the cost from £3500 to nearly £5000  - as he was " putting together a special package for me" I tell him ok, i'm now away for 2 weeks so you have a little more time, i'll collect it when i get back.  I call him on the Friday before we travel home, asking how its going... he says "well, we aven't done it.. you said you were gonna be away for 2 weeks" apparently he marked to dairy wrong. So i call him again on the Monday following, I say I want to collect it that Thursday... not unreasonable. He then starts with the excuses that he has loads of guys off sick at the moment etc.. BUT, The car IS in the workshop and the boys ARE getting on with it. I say, OK.. but keep me updated daily as i need to make arrangements to come and get it. Tuesday passes without a word, so Wednesday morning i txt him asking for an update. He called me back around and hour later to tell me that the ECU they sourced for me is also faulty (they tested it before fitting it as they're nice like that) and it has water damage so he has to get another one, but that isn't going to get to him until the following Tuesday - which brings us up to this week.   Everything up until this point has been feasible if not a little annoying, BUT here is where is gets good...  On Sunday i happened to be in Essex on other business so decided to swing by Basildon and see if i could find my car. Knowing where it had been dropped off before the tracking phone died, i had a good idea where to look. And i also had the address of the garage where i'd be picking it up from. Hoping to not find it too easily - after all, it was being worked on on the Monday; Imagine my surprise to find it in the exact location it had been dropped off 4 weeks previously!  I lifted the bonnet - nothing had been touched.  The amount of dust on the bodywork and distinct lack of any hand prints etc strongly indicated that nothing had been touched and it certainly hadn't been moved in all that time. He may well have taken the ECU out to test but put it back, that's easy to do - but there is now way to tell from there that the DPF is blocked without removing it, or having full access to the ECU - which is faulty, remember?  It had all been LIES.  Now i am annoyed, but informed and he doesn't know that i know he's been lying to me.  I spent the next couple of days talking to various people i know and arranged my own recovery to get the car back - even if that meant effectively stealing it back. Long story short, i had it collected and got it back to me last night.  The guy who collected it went to the garage i'd been told i'd be collecting it from - Unit 28 Noble Square( Essex car and Commercial) and asked for Lee... Low and behold no-one by that name works there and the car (and others parked in the same place) were nothing to do with them! but then one guy did say "oh hang on, i think i know who you mean, let me give him a call"... 10 minutes later, 'Lee' showed up.  My man then had to endure conversation with this charlatan, but did glean some information that might be of interest.  "LEE" doesn't directly do any of this work... he takes on jobs, maybe up to 30 at a time and then farms them out to local garages. This explains why nothing had been done and why so many others get stuck in this net.   I was surprised that he was calm and didn't get the hump about me taking the car back, i still don't really understand what the scam is, but there definitely is one.  I think i've been very lucky that no money has been paid, i owe him nothing and i got out of there.  The amount of mental anguish and anxiety this has caused me has been extreme.  Now i'm back to square one, still with a broken car. But i'm only £500 out of pocket (for the recovery each way) and not £5k that it was supposedly going to cost... at some point, who knows when!     
    • Good luck from me as well Dixon, fingers crossed.    HB
    • Last time, the Judge provided me with, I would say, the most amount of time to speak. She started with HMRC, and they moved on to me. Essentially, since HMRC last responded to me (the original document I scribbled notes on), I feel it's right I should go first and just comment on each of their responses.   I'll leave sending that link to them, just in case HMRC then find something against it. I'll just bring it up, and mention the above quotes.
    • It's fine. Someone who deals with this more often than me will know.   HB
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Swift advances


duchess777
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Thanks Duchess,

 

One slight correction for which I must apologise:

 

The Document you need to ask Swift for is called the 'Actuarial Accrual Account Summary sheet', not the Actuarial Account Summary sheet. Sorry about that.

 

So, you have an Unregulated Loan Agreement which means at the time of execution was not regulated by the Consumer Credit Act 1976 because it was over £25k.

 

1) Were any of the previous loans (the car loan for example) secured on your property as a second charge loan?

 

if so,

2) was it a condition of Swift Advances that before you could take the 25k loan, you had to pay the other loans off so  they  would have a clear second charge on your property behind your main Mortgage Lender who held the 1st Charge?

 

3) You say you never received any money (cash) from this loan after they had paid the mortgage arrears and car loan etc., but was there even 1p ever paid to you from this overall loan? If so, how much?

 

4) Can you recall what this £4000 they say they sent you was for or where it fits into the structure of the loan?

 

You really do need to insist that they provide proof of this payment, cheque number, date issued, Bank drawn on, date it cleared through their account to show it was paid and into which account it was paid into when it cleared.

 

Keep pressing for it. Keep insisting on it.

 

5) Have Swift commenced litigation against you for possession at any time and what is the status of this account with them as we speak?

 

The reason I am asking all this is because the structure of the loan is important as are the charges applied and the interest on same. If you end up in court, the courts will invariably favour Swift and they will employ barristers, at your expense (added to your account), which compounds your problems in what you owe them.

 

What you then have to do is mitigate those costs or they'll skin you rotten. It's never easy against Swift. They are a well-oiled machine.

 

I cannot offer any miracle cure here, but somehow you may be able to mitigate costs and what you end up having to pay them. I have no legal training so do not sit back waiting for Swift to act, get proper legal advice if Swift are gunning for you.

 

I am trying to strip this down to all it's component parts so we know exactly what we are dealing with here, if that's okay with you? No false hope - okay?

 

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got so booted and almost finished my reply . Thanks for the response .

 

1. I am not sure if the other loan was secured on my property , I have to check .

 

2 I know i them I told them about the car loan and that they said this will have to be paid off , at the time it made sense.

 

3 I never received a penny , I received a phone call from the brokers to say that the car loan and mortgage was paid and there was no residual money , I remember this as my daughter wanted to go on a school trip and I could not afford to let her go . 

 

4  I have tried and tried to get swift to tell me about the £4Kcheque they said they know it was cashed as the bank told them so , they have no idea where it was cashed as they do not have the record , year after year I have asked them, always the same response .

 

5 they did on two occasions and never produced my written statement to the courts, on the last occasion the court asked them to tell me about the £4k cheque,  they said I have to report this to the police as fraud . is it me or do the sums not add up for their loan .

 

Also they said they took the ppi off but little difference in the repayment .

I did get legal advice and the person said something is not right .

 

BTW . can I say , I never found them they called me .

 

just remembered,  they called me after I was taken to court for repossession by a company I know linked to them ,

I researched the company .

 

I was attacked by someone  part of the job I do , suffered post traumatic stress , attack was pretty bad .

 

after the case they contacted me , I was not working then.

had pretty bad mental health breakdown at the time .

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  • 2 years later...

Hi,

'recent swift'? how recent are you talking about please?

 

Have you used the forum search function?

 

BT

CAG Site Team and Forum Helpers are unpaid volunteers

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Hi 

thank you for responding there were several people talking about swift issues now I cannot find anything about them wanted to see if there were recent court cases against swift  

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I couldn't find anything I would consider recent either..

 

Why are you looking for them? do you need help? if so, let's hear it! :)

CAG Site Team and Forum Helpers are unpaid volunteers

Over the years CAG has probably helped hundreds of thousands of people, only a small number of people come back and let us know what happened or to say thank you

and an even smaller number of people ever think to make a donation.

If you are able, without leaving yourself short, consider donating, all donations go towards Site hosting and maintenance - help us stay live for future people in need.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group - The National Consumer Service

 

Essential Reading: Dealing with Customer Service

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Great, self-helping! :)

 

Best of luck

CAG Site Team and Forum Helpers are unpaid volunteers

Over the years CAG has probably helped hundreds of thousands of people, only a small number of people come back and let us know what happened or to say thank you

and an even smaller number of people ever think to make a donation.

If you are able, without leaving yourself short, consider donating, all donations go towards Site hosting and maintenance - help us stay live for future people in need.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group - The National Consumer Service

 

Essential Reading: Dealing with Customer Service

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Wait what??

 

I said it's great that you are self-helping! not many people search the forums for answers but rather open a thread and expect all answers to come to them, you're not doing that, which is called 'self-helping' and I think that's great!

 

Plus smiling faces and me wishing you the best of luck..

  • Thanks 1

CAG Site Team and Forum Helpers are unpaid volunteers

Over the years CAG has probably helped hundreds of thousands of people, only a small number of people come back and let us know what happened or to say thank you

and an even smaller number of people ever think to make a donation.

If you are able, without leaving yourself short, consider donating, all donations go towards Site hosting and maintenance - help us stay live for future people in need.

 

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Maybe due to Covid, there have not been very many recent Court cases involving Swift ?

 

Found details of a 2019 High Court case.

 

 

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

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Sorry If I misread, stressful times and just trying to get out of the mess I should have never got into .

 

had very bad depression at the time of taking the loan, never even needed the stupid loan and was not even working when they gave it to me, just angry with myself I guess .

 

Apologies again

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Send Swift a Data Protection Subject Access Request (SAR) asking for everything on file.

 

SAR might reveal important info

 

 

  • I agree 1

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

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No need to apologise, simple misunderstanding.

 

I hope you find the information you need, if you don't find what you need, then type out your story in this thread and CAG will help you

CAG Site Team and Forum Helpers are unpaid volunteers

Over the years CAG has probably helped hundreds of thousands of people, only a small number of people come back and let us know what happened or to say thank you

and an even smaller number of people ever think to make a donation.

If you are able, without leaving yourself short, consider donating, all donations go towards Site hosting and maintenance - help us stay live for future people in need.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group - The National Consumer Service

 

Essential Reading: Dealing with Customer Service

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Thank you Uncle .

 

I did and they sent me some paper work,

when I asked a solicitor to do the same, I saw things they never even sent me, like wages, which I was not earning

the broker who sold me the loan made this up and never told me  ,

there are other discretions too 

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current in arrears ,

 

paid them over +£40k

 

they want another £60k, maybe more for a loan of £32k,

 

they said that they gave me a cheque for nearly £5k  from the loan

 

I told them when they let me have the paper work eventually I never received their cheque ,

showed them bank statements from that year ,

they said I could have cashed it in a money shop ,

 

also they paid the loan I had 

all the money

it was a five year loan taken out less than a year .

refused to take off PPI as well this would bring the loan to under 25.000

 

I have worked out the loan minus the cheque and the PPI is 24,220.61 without the challenge of the full repayment of the loan as it was only taken a year or over .

 

I have written to the company however they are not responding to me about why they charged the full payment  for the loan . 

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Old and new threads merged 

 

I can see if you read from post one now again you've tried 3 times to address or see if you can sort this loan issue.

 

We need to see all the paperwork you have in one mass pdf 

 

But to be honest there have been no successes anywhere for many years. The only way people are seeming to get away from them is to offer a lump sum settlement by going to a mainstream lender 

 

Is this a secured loan that shows on your deeds and have you any other lending with them?

 

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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Posted (edited)

Hello

Yes this is the only loan and the court has asked them to give me proof of the cheque  which they have not ,

 

I am paying for money I never had from them .

 

I was told that even though they were not regulated by the FCS they have another body Swift 1st  that is part of their  company and regulates swift advances .

 

I was reading a case where the judge looked at the benefit the client had from money that they borrowed to  include in their judgment , and the PPI that was not fit for purposes it was sold for

 

 . just trying to see all the legal arguments .and how can they justify over 150000 pounds for such a small loan. 

Edited by dx100uk
Please space your posts!
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Please space your posts with blank lines, and sentences , not a big block of text 

 

So you are in court now?  1st you've said of this!!

 

What have you taken them to court for?

 

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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Hi 

sorry about the lack of spaces .

 

I am not in court now , this was sometime ago .

 

They took me to court initially about six months after I got the loan.

 

I did tell them at the time I was not working .

 

They may threaten to take me to court as I am in arrears . 

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sorry if this seems unfair but:

 

you came here in 2019 asking the same question:

 

  

On 02/03/2019 at 11:30, duchess777 said:

Hello

I obtained a loan from swift in 2008 , I asked to borrow £25k to repay another loan ,

did not realise about Swift

 

when I eventually got the papers some years later they included £4k which they said they gave me in a cheque .

I informed them I have never had a cheque from them ,

 

they refuse to tell me where the cheque was cashed according to their records .

I claimed my PPI back from them

 

they said they can continue to charge me for it as I was in arrears and they did not have to take off the PPI as I was in arrears . 

 

I have paid them over £40k and they are seeking a resettlement figure of £67k.

 

can anyone help and advise please .

 

then got help and vanished.

 

you returned in 2020 again asking the same thing:

  

On 06/03/2019 at 07:44, duchess777 said:

Good Morning .

they were trying to get a refund on my mortgage , they did not want a fee.

 

and got help and vanished again.

 

then you've just returned again after 2yrs:

  

7 hours ago, duchess777 said:

Hello where has all the recent swift issues gone to cannot find them . please help

 

trying to get the full picture from you each time you return, to enable us to help your properly, is like pulling teeth. we never get it.

 

We get a bit by bit dribble each time and then findout very relevant new important info that you didnt tell us first-off when we've asked for it all that changes the whole picture.

 

as far as i can gather,

you wanted to pay off a few debts....

 

they gave you an unregulated mortgage/secured loan? (is it still showing on your deeds?)

the breakdown of this was:

 

brokers fee  £427.50

Mortgage £2,203.26

car loan  £21.977.35

loan admin fee £35.00

PPI £4105.15

tele transfer fee  £40.00

indemnity fee  £135.00

Cheque  (never received )  £4144.39

Amount of credit  £28365.00

total £32470.15

 

but you say nothing about the interest each month,so their figure today could quite be correct. the above figure does not inc interest. you don't get a loan for FREE!!

 

as to date you've not scanned up the full agreement to one mass pdf after reading our upload guide carefully.

we need to see that.

 

now going on from here upon what we also appear to know...

 

you appear to have been taken to court by Swift for repossession at some point. date please and you obviously won an got the repo suspended?

 

it appears at some point in time you appointed a mortgage reclaim company or they contacted you (as they do they scan the courts looking for people being repossessed)  - they scammed you and disappeared into thin air and this possibly involved you taking swift to court , questioning the outstanding figure at the time? if so when please

 

 

 

 

 

  • I agree 1

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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