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aauto finances not the same as bank charges


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Have been told in a letter received from a car finance company that OFTs recent publication of findings into default fee charges only applies to banks and credit cards,not to auto finance, and that they are well within their rights to charge any fee they like. is this true or are they talking rubbish?????:-x

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Penalty charges by anyone are unlawful so don't let them fob you off. Read the FAQ's and you'll see how you can claim.

 

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Alliance & Leicester Moneyclaim issued 20/1/07 £225.50 full settlement received 29 January 2007

Smile £1,075.50 + interest Email request for payment 24/5/06 received £1,000.50 14/7/06 + £20 30/7/06

Yorkshire Bank Moneyclaim issued 21/6/06 £4,489.39 full settlement received 26 January 2007

:p

 

Advice & opinions given by Caro are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

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