Looking at my CCA from 2004, the AA added £3,862.40 interest to my £14,350 loan. APR 9.5%.
Says total amount of credit was £18,212.40.
When it defaulted in 2006, the AA didn't rebate the intertest, and I ended up repaying the full total amount of £18,212.40 down until they flogged it to Cabot in February.
The circumstances seem very similar to my Masterloan thread i.e. is this pre-loaded interest that should have been off-set against the principle at Default)?
Don't touch them owe me £500 since January 2019 make excuse after excuse. Seem they always have software problems sending money out. Keep saying they will call back or email nothing been chasing it now for 6 mths the phone staff always have the same banter we will chase it up and get back to you then nothing!