Loans 2 go

[dave466]

Hi hopefully a quick and easy question for somebody to answer.

I currently have a log book loan with loans 2 go.

I have checked and my bill of sale was 31st July and court stamped and sealed 3rd August.

My question is that my bill of sale and also my credit agreement both state the wrong registration of my vehicle.

One of the numbers should be a 6 but it is an 8.

Would this make my bill of sale void?

Also what about the credit agreement?

 

Many thanks in advance.

[dave466]

Hi hopefully a quick and easy question for somebody to answer.

 

I currently have a log book loan with loans 2 go.

 

I have checked and my bill of sale was 31st July and court stamped and sealed 3rd August.

 

My question is that

 

 

my bill of sale and also my credit agreement both state the wrong registration of my vehicle.

 

One of the numbers should be a 6 but it is an 8.

 

Would this make my bill of sale void?

 

Also what about the credit agreement?

 

Many thanks in advance.

[theoldrouge]

please scan in the bos and credit agreement minus pers details

 

thread moved to logbbook loans, please continue to post here

[dave466]

Thank you I will upload them now cheers.

[dave466]

Hope these are ok.

[dave466]

Dont know why they have doubled up

[theoldrouge]

imo it would not be sufficient to void either

 

the security is described adequately

 

tellus the full story

[dave466]

so the bos would still stand?

 

Im not particualary bothered with regards to ca as i will pay it anyway just wanted to try and remove the car from security

[theoldrouge]

so the bos would still stand?

 

Im not particualary bothered with regards to ca as i will pay it anyway just wanted to try and remove the car from security

 

sadly yes imo

[dave466]

Well i was paying the loan back with no problems what so ever but then i had an accident at work so was off sick.

 

During this time i had been into the shop to explain my situation and the lad in there (who i got loan from) said dont worry about it just pay what you can when you can and ill stop all the charges and letters etc.

 

So i was doing this and everything was fine and i have just gotten back to work.

 

But after about the first year of paying bits and bobs as and when i then recieved a letter with loads of charges, cfor letters, interest etc which he said i wouldnt incur.

 

I rung and the manager of the shop had stated that the lad had been sacked due to not doing his job properly etc and that he should have never have said or done what he did.

 

I then spoke to the area manager which also agreed that the lad had been wrong etc and that he would try and sort the charges etc out.

 

At the mo the balance is just over £2000 which i am going to call them about as had loads more charges on.

 

Really just wanted to have a bit of a bargaining tool with the area manager before i ran so i could get as much charges removed as possible so i could then start to clear the money i owe.

[theoldrouge]

yes by all means persue reclaim of charges

 

your bargaining tool is that all the lbl firms are currently only interim authorised by the fca

 

and must apply for full authorisation early next year

 

and are under strict scrutiny from the fca

 

point this out and if they refuse ,formal complaint in writing

 

report to fca, complaint to fos

[dave466]

When you say "

 

your bargaining tool is that all the lbl firms are currently only interim authorised by the fca

 

and must apply for full authorisation early next year

 

and are under strict scrutiny from the fca

 

point this out and if they refuse"

 

What exactly do you mean, i just dont want to become stuck when speaking to them and want them to know that i know what im talking about.

[theoldrouge]

http://www.fca.org.uk/firms/firm-types/consumer-credit/consumer-credit-research/logbook-loans

[dave466]

Thanks will have a read of it.

[dx100uk]

I would not think it would hold water

if you let this go to court

 

 

the balance would be on their side I expect

clerical error

 

 

dx