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PCF Bank Car Finance - have i Paid +1/3 HP Agreement? **RESOLVED**


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Yes. The deposit and any other fee you may have paid(except default charges) is included in the price for section 90 purposes.

  • Like 1

DO NOT PAY UPFRONT FEES TO COLD CALLERS PROMISING TO WRITE OFF YOUR DEBTS

DO NOT PAY UPFRONT FEES FOR COSTLY TELEPHONE CONSULTATIONS WITH SO CALLED "EXPERTS" THEY INVARIABLY ARE NOTHING OF THE SORT

BEWARE OF QUICK FIX DEBT SOLUTIONS, IF IT LOOKS LIKE IT IS TO GOOD TO BE TRUE IT INVARIABLY IS

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1 hour ago, dx100uk said:

 

no, as I said above...any charged fees after signing do not form a part of the 1/3rd figure, they cant its quoted on the agreement and always must be.

 

so had you paid £1,199.57 by the day they repo'd?

 

 

Yes that's correct. The Figure used is the Total Amount Payable TAP. THis is everything you pay n order to purchase the car. They have no right to charge a collection fee, if the account is terminated, it is their car, they shift it or they dont.

 

Whilst the interest is calculated on the sum loaned the APR includes everything, fees advance payments etc, even insurance, if it is conditional on the sale.

  • Like 1

DO NOT PAY UPFRONT FEES TO COLD CALLERS PROMISING TO WRITE OFF YOUR DEBTS

DO NOT PAY UPFRONT FEES FOR COSTLY TELEPHONE CONSULTATIONS WITH SO CALLED "EXPERTS" THEY INVARIABLY ARE NOTHING OF THE SORT

BEWARE OF QUICK FIX DEBT SOLUTIONS, IF IT LOOKS LIKE IT IS TO GOOD TO BE TRUE IT INVARIABLY IS

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Just to add, if they take the car from off your property they need a warrant for that also.

  • Like 1

DO NOT PAY UPFRONT FEES TO COLD CALLERS PROMISING TO WRITE OFF YOUR DEBTS

DO NOT PAY UPFRONT FEES FOR COSTLY TELEPHONE CONSULTATIONS WITH SO CALLED "EXPERTS" THEY INVARIABLY ARE NOTHING OF THE SORT

BEWARE OF QUICK FIX DEBT SOLUTIONS, IF IT LOOKS LIKE IT IS TO GOOD TO BE TRUE IT INVARIABLY IS

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