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Blemain Finance Collection Costs


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Blemain Finance charged me collection costs to the tune of £1305 and £2030 when redeeming loans of £27000 and £52000. I wrote them for a breakdown and it consists mainly of telephone bills and letters costing £30 each. They stated that this was stated in the credit agreement when the loan was completed.

 

I do not remember seeing any such tariff in the agreement and I have not got it in the agreement that I have. Has anyone hear heard of or seen any such tariff in their agreement with BF.

 

Secondly does it not seem rather exorbitant to pay such for a telephone call or a letter? Can these be claimed to be penalty charges?

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