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First National Consumer Finance


NeilP
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Having got the bug for this now :lol: i have read the T&C's for the HP agreement that i took out when purchasing my membership to GVC (The Grand Vacation Club :evil: don't talk to me about it though!). The T&C's clearly state

 

'... the customer must pay FNB all of the money that it reasonly costs FNB to deal with any returned unpaid items of that kind.'

 

Needless to say that i will be sending them a letter very shortly. However, it also states that

 

Interest will be added to the unpaid costs at the rate stated in letter D on the front of this agreement...

 

For me, this interest rate was 19.7% APR at the time of signing the agreement, it has risen several times since the agreement was made in Oct 2000.

 

Question. As this is a HP agreement, and the costs have simply been added to the account. Should i simply be requesting that these costs are simply removed from this account, and the accounts interest recalculated over the period in question?

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Have they levied some charges then?

 

I like the T&C that you have quoted. This acually is an honest and well expressed T&C. A shame if they have gone and spoiled it by getting greedy about their charges.

 

How many pages is the contract? Could we have a scan?

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So, back to the question....! :lol:

 

Should i be simply requesting that they remove these fees from my account and re-calculate the interest?

 

Thanks

 

Neil.

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  • 12 years later...

This topic was closed on 03/06/19.

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- Consumer Action Group

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