Jump to content


  • Tweets

  • Posts

    • Hello there   Needing urgent assistance in how to deal with Moneybarn please. I think I need to apply for a Time Order (having read up on some of the threads here) but not sure so need some guidance please.   In short – took out car finance with Moneybarn 18 months ago. It is a conditional sale agreement and covered by The Consumer Credit Act 1974   Fell behind with payments earlier this year and Moneybarn threatened to repossess the car. I spoke to them and agreed I would make regular payments and any extra I could manage. (No exact amount of the overpayments to be made was discussed) In the meantime, they would get their Legal dept to contact me re a consent order. They suggested if I made regular payments, I would get to keep the car. We went through my expenditure; I sent copies of my payslips and completed a direct debit mandate. They did not action the direct debit on their end, so instead, I made manual overpayments. And have done so for many months now.   Then I received a Default Notice and later a Notice of Sums in Arrears. But as I was expecting contact from their Legal Dept re the Consent Order and that fact I was making overpayments as agreed, I assumed I was doing the right thing.   I have now received contact from Moneybarn’ s lawyers demanding I pay the full outstanding balance. I want to keep the car but cannot pay the full amount they are now demanding.   Moneybarn' s lawyers state I either have to make a payment of over £20,000 or surrender the car. But also mention if I have spoken to Moneybarn re a repayment plan, court action will still be started against me / a consent order or suspended return of goods order can be arranged in Court etc.   Would appreciate any advice as to what I should now do.   Thanks   LH2021                        
    • Hi i have never dealt with such vile people. Tonight we had to go through our incomings and outgoings with them and they are impossible. We have to call back tomorrow with how much we spend a year on clothes and they will then refer it to a senior manager.    We have offered £375 a month which will clear the debt in 5 years. If they take us to court to have our house repossessed, would a court rule in their favour of them if we have made a commitment to pay this much a month…?….We borrowed the money and accept that we pay it back. Also does anybody have a recommendation for a solicitor that is familiar with this who may take this up should it go to court. thankyou
    • your doctor decided what to put on the note. Your beef is therefore with your doctor, if you think their note was inaccurate.
    • Hi!   The only small point I should add to the above is that I had to ring up the surgery and ask for a fit note AFTER I was sent home – in other words I was presented with a "FAIT ACCOMPLI" by my employer who told me I was no longer allowed to attend as and from the 26th May and I had to ask for a fit note – the Surgery Receptionist herself said that it was "very irregular but I shall ask the doctor for you".   THEY took the decision about my fitness to work or otherwise, not me, I am still able to carry out electronics work at home of exactly the same nature, using exactly the same equipment, as I am employed for but my employer refuses to accept this!
    • utter rubbish stop worrying. you'll be fine stand your ground for full refund . do not give in !!
  • Our picks

Mr Mag Vs. A+L ***WON***


Mr Mag
 Share

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 5332 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

I am considering filing claims against A+L but I would like to know that since I have a current account will I be able to claim, I have read all the FAQs and other site but they only seem to mention credit cards. I know claiming back £259 doesn't seem like much but with someone in my situation I need all th money I can get and if I can claim it all back I will post everything here. Thanks in advance to anyone who posts and helps.

Link to post
Share on other sites

Cool, thank you I will be sending a letter off to them tomorrow, thank you for your help, I will say how it goes but from reading everyone elses post doesn't look like it will go that well.

Link to post
Share on other sites

Today I recieved the standard blah blah blah these charges relate to credit cards not current accounts UNFAIR2 letter as exepected I shall be sending out the LBA tomorrow by recorded delivery.

Link to post
Share on other sites

Thanks for your reply, I was getting lonely. Well I sent my LBA out on monday by recorded post and I checked that it hasn't been recieved today, i'll check again tomorrow but i'm expecting the usual bugger off letter.

Link to post
Share on other sites

They're more likely to tell you to take a hike - again - but you never know, maybe you'll get lucky!

Always look on the bright side, that's what I say! Besides, the longer they drag it out, the more interest they'll have to pay you, eh? :rolleyes:

Link to post
Share on other sites

You charge interest from the date that the bank charge was applied to the account. The interest calculation spreadsheets in the Template section of the site are very helpful there.

If in doubt read the

FAQs

 

If still in doubt - ask!

Link to post
Share on other sites

Really not trying to hijack a thread here but I find myself in the exact same situation as Mr Mag. Just got letter back for them to tell me that I wont be getting it. (You think yours is pitiful Mr Mag...mine is for £100) They replied to me within the 14 days. Can I send me LBA now or will I wait for the 14 days to finish? As for the interest aswell I have not calculated it into my first letter. Should I add it now or leave it just the way it is?

 

/sorry if this is hijacking a thread. If need be a mod delete this and ill start a new one.

 

Thanks for all the help folks!!!

Link to post
Share on other sites

19/02: S.A.R - (Subject Access Request) sent to A & L

20/02 S.A.R - (Subject Access Request) sent to HBoS

20/02 SAR sent to Capital One

21/02 Prem letter sent to RBS for £304

Link to post
Share on other sites

I have 'yet' another question, since it doesn't look like they got my letter (looks like the post office messed up) should I send them my LBA again or should I just wait out the remainder of the two weeks and go straight to MCOL?

Link to post
Share on other sites

Guess what I got today, thats right the second letter! Again I like these reference numbers they use AAA0000/UNFAIR4 hmm I wonder what 1 and 3 say. Well nevermind that its of to MCOL now, yay the most stressful part.

Link to post
Share on other sites

 Share

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...