Santander wont cough up car finance PPI

[creamegg1]

Hi there

 

Hoping I can get some advice on here. 4 years ago I took out finance through a garage to finance my car, I have paid most of it off, was about 7,000, now only 1,000 left. I have missed the last cpl of months payments as lost my job.

 

Had letter from Santander saying they were charging me etc and would default me. I have spoken to them a few times but dont get anywhere with them.I phoned up today again to pay this months payment and arrange to pay the back money due, which is approx 250, and the woman on the phone was horrible! I was put through to Code red, whoever they are, who said that santander had passsed my details to them and that basically she wouldnt accept payment for this month and that I would either have to pay the whole 1,000 left or give them back the car.I am gutted and flumaxxed! I need my car for work and am trying hard to come to a solution with them, but they seem stuck on taking me to court if I dont pay the full whack, which I cant do right now.

HELP

[dx100uk]

LOAD OF COBBERES!!!

 

look at you argeement

it will say once XXX is paid, they would need a court order.

 

now

 

if you have charges, have been mis-sold PPI or GAP insurance

 

you can claim ALL those back +++ interest!!

 

oh and i'd pay by SO never give these fleccers your card numbers!

 

and NEVER talk to creditors on the phone

 

do it in writing only

 

dx

[creamegg1]

Ok, so they would need to go to court to take back the vehicle? And what would happen if it did go to court, would the court then allow me to pay the installments?

[cashins]

Ok, so they would need to go to court to take back the vehicle? And what would happen if it did go to court, would the court then allow me to pay the installments?

 

Short answer is yes.

 

As per previous post, what additional charges are on the agreement.

 

David

[Alloyz1]

Code Red.... Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha

 

They are pathetic..................

 

It appears you have paid 80% or more so they can't touch the car without Court intervention.

 

Don't phone them again. Send a letter to Santander, with the payment You Want To Make.

 

Propose a payment scheme (say £25 per month for 6 months) and then return to normal if you get a job.

 

As long as you look like you are being reasonable and trying, a court will protect you.

 

Code Red? ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha

[PGH7447]

you have paid more than 3/4 of the car so ring back and tell them that here is the payment like it or lump it, failing that send a cheque to the morons

[harrassed senior]

Keep a log of any telephone/e-mail etc. and follow the above excellent advice.

 

Have a worry-free bank holiday and don't give them another thought.

[creamegg1]

Thankyou for all your support. I was so scared they would come and take my car away.

[Bazooka Boo]

Thankyou for all your support. I was so scared they would come and take my car away.

 

That is exactly what they prey on....................threatening those who are unaware of their rights, and extorting money from them..

[creamegg1]

I have just checked my documents that I first got from G E Money, whom santander took over, and it says on the top of the agreement

Motor Loan

Fixed sum Loan Agreement regulated by the consumer credit act 1974.

 

Is this Hire purchase or a loan? I thought it was hire purchase but not sure now.

[coledog]

A 'HP' agreement will contain stuff about the 'goods' and repossesion unless x% paid also handing the 'goods' back. Someone correct me if I am wrong.

[Surfer01]

Can you post a copy here but removing all your details? If it is a laon agreement then more than likely they could not touch the day from day one so have even less chance of it now as the car was yours totally from day one. On a HP agreement, the car woudl have belonged to them until the last instalment had been paid. If the agreement is nto a secured loan, then they can go suck eggs, but in the meantime post the cheque off as that will look good in your favour if it went to court as they may have to bear the costs for wasting the court's time.

[creamegg1]

.......

 

here is the agreement.

Scan-1.pdf

[cab1ne]

that is a fixed sum loan agreement (personal loan) they can't touch the car, they are stuffed as far as repo goes. they can't even obtain a court order for a repo, the only way they would be allowed to take the car is if you gave them consent to do so, **

 

cab

[creamegg1]

really???? Oh I am so happy, you have no idea! I will pay them like I was going to then without any fear.

[cab1ne]

really???? Oh I am so happy, you have no idea! I will pay them like I was going to then without any fear.

 

how much is owing and how much are you paying.

 

cab

[dx100uk]

i'd reclaim that ppi

 

 

 

 

dx

[cab1ne]

i'd reclaim that ppi

 

 

 

 

dx

 

absolutely.

that will probably be more than what you owe plus a little rebate

 

cab

[creamegg1]

I owe about 1,000 still and I pay 123.00 a month. I am a cpl of months behind and the woman on the fone said to me that they had terminated my agreement, although I havent had this in writing. I have had a default notice though about a cpl of weeks ago.

[creamegg1]

what is PPI?

[cab1ne]

what is PPI?

 

Payment protection insurance.

and according to your agreement about £1800 quids worth.

definately more than what you owe.

 

cab

[creamegg1]

So what should be my next move then?

[cab1ne]

have a good read on here.

 

http://www.consumeractiongroup.co.uk/forum/forumdisplay.php?111-Payment-Protection-Insurance-%28PPI%29

 

it will tell you all you need to know.

 

cab

[creamegg1]

Okay have read through a few threads from start to finish and im still confused as to what to do next. It all seems very complicated, esp for someone who had trouble uploading one document!!! I understand I may have been missold it but I dont know how to go about doing anything about it, and do I deal with code red, or santander...I dont have an address for code red yet.

[dx100uk]

look at the stickys at the top of the ppi forum:

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?61081

 

to start with.

 

dx