AA99 v GE Money Car Loan

[postggj]

thanks pt

 

ill go over the agreement again

 

aa

 

sending pm

 

realy need to get my eyes tested

[pt2537]

thanks pt

 

ill go over the agreement again

 

aa

 

sending pm

 

realy need to get my eyes tested

 

We have a few cases on the lines of this case ongoing at the moment, hence why i am soo interested in this case here.

 

I will try to assist where i can but im keen not to put too much info on this thread where there are prying eyes lol

[postggj]

thats allright pt

 

the all seeing eye is allways there:-D

 

regards

[postggj]

thanks aa

 

i can see it now in picture viewer

 

double checking now

[postggj]

lets go through the agreement again

 

amount of credit £6995 over 60 months at 18.2 % apr

 

that gives an interest rate of £ 3399.06

monthly payment £173.23

total amount payable £10394.06

 

insurance

 

total amount £1795

interest £872.24

total amount payable £2667.24

 

fees

 

acceptance fee £139.26

addmin fee £71.62

 

total £210.88

 

so we add car interest with insurance interest with fees gives a total of £4482.18 now we add the car cost and insurance to give a

 

total amount repayable £13272.18

 

devide by 60 months gives a monthly figure

 

£221.20

 

cant fault the figures

 

now trying to find the con in the agreement

[cosalt]

Subbing, having similar issues with Black Horse.

 

Coslalt

[AA99]

Why at the top right-and corner of the contract doc does it say 9% and 9% and explains it as 2 separate things:?

[postggj]

gotcha

 

total amount payable on loan is £10394.06

not £12350.83

insurance total payable is £2667.24

not £3169.37

 

you have been done by £2500

[pt2537]

gotcha

 

total amount payable on loan is £10394.06

not £12350.83

insurance total payable is £2667.24

not £3169.37

 

you have been done by £2500

no, total amount payable must include the deposit and costs of the finance,

[postggj]

that £2500 is your deposit worked back into the agreement to prob pay commission fees

[postggj]

no, total amount payable must include the deposit and costs of the finance,

 

 

ive done that

 

checking again

[postggj]

Car Interest £3399.06

Insurance Interest £872.24

total £4271.30

 

Acceptance Fee/addmin £210.88

 

Car Loan £6995

Insurance £1795

total 8790

 

total Amount Payable £13272.18

[postggj]

Hi Pt

 

Ime Just Going On The Agreement Figures

 

There Is No Deposit ON THE AGREEMENT

 

Ill Do That In Day Light

 

This Is One Lousy Agreement

[postggj]

I Think They Have Done It By Shafting You On The Full Interest Without The Deposit Being In The Equation

[postggj]

Lets Do It In Reverse

 

Take The Deposit From The Invoice

 

Give Me Half Hour

[postggj]

ime Going To Crack On In Daylight

 

Heads Spinning

[postggj]

Pt

 

How Would I Include This £1990 Rebate

 

For The Time Being Shall I Add It To The "2500 Deposit

As There Is No Option On The Agreement

[pt2537]

post,

 

just calm down on the figures,

 

what you need to do is work out firstly if the terms required by schedule 1 ,2 and 6 SI 1983/1553 are there

 

then when you have that part dealt with, look at the sums,

 

we need the amount of credit and repayments, these are the terms which cause fatal un-enforceability.

 

are the terms there? are they accurate?

 

then go from there, you are trying to run before you are walking mate, and you are going to get caught out if your not careful

[AA99]

Hello strangers

 

It's been nearly 2 years since we bantered on about my problem, do hope you're still around to join in again

 

Have had the usual threatening letters every week/month from Link but they get thrown in the box with all the others, but this last fortnight I have BCW on the case..........phone calls and threatening letters. I've never heard of them and refused to speak on the phone. Their letterheads look alarmingly like solicitors but I think they're just another DCA aren't they?

 

Is this newbie worth getting into again or shall I just duck out for another 2 years?

[BRIGADIER2JCS]

Hi give us an update and refresh memories

I'm sure we can help.

 

Brig.

[dx100uk]

as this has been going on since 2008

my pers pref is to continue to ignore

 

its obcv no-one

is going near any court after this time

 

dx

[AA99]

Hi give us an update and refresh memories

I'm sure we can help.

 

Brig.

 

Too many posts to read through GE wouldn't accept initially a reduced payment when we ran into hard times, they added £45 each month in charges for bounced d/d's, Carcraft's documentation sucked, GE's behaviour was appalling so I jacked it in. No HP so still have my 10-yr old car, worth sweet **** but essential in my life.......

 

as this has been going on since 2008

my pers pref is to continue to ignore

 

its obcv no-one

is going near any court after this time

 

dx

 

dx, thank you so much for replying so promptly, my heart leaps when I see them that know I think I will agree with your advice and continue to ignore! Am being evicted from my home after 8 years so have enough on my plate

[caro]

Hi AA and sorry to hear about your problems. Have you got a thread about your eviction?

[AA99]

Hello caro

 

I didn't start a thread on the eviction as I have had solicitors dealing with it....... however, there is too much bad water under the bridge now with the landlords who have now applied for accelerated possession so we have started house-hunting......

 

Thanks for your interest