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Showing results for tags 'help rip off swift group'.
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hi i am wanting to know if anyone has had any dealings with swift advances, back in 2007 i took out a secured loan of £27000. i paid £330 per month until now and as far as i am aware ive paid off approx £14000. i phoned them to tell them i was struggling this month and asked them if they could reduce payments for a couple of months which they agreed, the amount was £330 i offered £100 for next 3 months, this then put me behind by £690, but they have advised me that the £660 will end up costing me £4500 over the duration of the loan. i also asked for a redemption figure and it was £37000, £10000 more than i borrowed & i had paid £14000 off, is this legal, and is there anything i can do about this as i am about to let this company take my home, i am not behind on my £20000 main mortgage with abbey so this is what is making me nearly not do it although my house probably is only worth £55000. please any advice on what i can or should do.
