|
Author |
Message |
XR125 |
This post is not being displayed .
|
XR125 Renault 5 Driver
Joined: 30 Oct 2006 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
Louise |
This post is not being displayed .
|
Louise World Chat Champion
Joined: 22 May 2006 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
LustyLew |
This post is not being displayed .
|
LustyLew World Chat Champion
Joined: 19 Apr 2004 Karma :
|
Posted: 00:46 - 17 Nov 2006 Post subject: |
|
|
As Louise a lot of loan/finance people give you 'holidays' for the first three months of taking out a finance deal with them.
Is your regular payment £140? Or have they just taken 3 months in one hit? If thats the case, I'd call up and ask what they're playing at. ____________________ Like a Yorkie - I'm not for the girls |
|
Back to top |
|
You must be logged in to rate posts |
|
|
froggeh |
This post is not being displayed .
|
froggeh World Chat Champion
Joined: 20 Jul 2006 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
XR125 |
This post is not being displayed .
|
XR125 Renault 5 Driver
Joined: 30 Oct 2006 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
cqueen |
This post is not being displayed .
|
cqueen World Chat Champion
Joined: 13 Apr 2005 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
finpos |
This post is not being displayed .
|
finpos World Chat Champion
Joined: 13 Sep 2005 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
XR125 |
This post is not being displayed .
|
XR125 Renault 5 Driver
Joined: 30 Oct 2006 Karma :
|
Posted: 02:04 - 24 Nov 2006 Post subject: |
|
|
Your post would of been helpful provided you left the "duh" and the "kids these days" out
It could well be a holiday, but it doesn't say anything about the first date - just says the 25th of each month and my dealer didn't mention anything about it.
Plus my statement says specifically "Payment will be taken out every month on the 25th" so if they fail to collect it all its their fault, although they may continue to charge me the 70 quid each month if they do find out in the future.
Oh well, I'll let you know in a few days if they do take it out |
|
Back to top |
|
You must be logged in to rate posts |
|
|
finpos |
This post is not being displayed .
|
finpos World Chat Champion
Joined: 13 Sep 2005 Karma :
|
Posted: 19:01 - 24 Nov 2006 Post subject: |
|
|
Sorry, Kids these days, duh, " ". Will never get the hang of this internettery.
My point was, these fellers aren't stupid. They don't forget things, they don't give you breaks. Everything they do is engineered towards squeezing every last bit of your hard earned out of you. YOU need to keep on top of THEM to make sure they do not take the piss. Don't just wait and see, it'll cost you either money or a grief. They are experts in taking the first and giving the second.
Firstly, payment holidays are con. If they described it as "three months additional interest payments", they would not be half as popular. The fact that you don't even know if you have got one is slightly worrying to me.
The day your first payment did not happen, you should have have got onto them to sort it out. You have failed to pay them, you have broken your credit agreement and they now have you by the bollocks. If you are relying on the argument "but you didn't collect the money", you are relying on their goodwill, which is negligible to start with and will diminish with every missed payment.
Look at the penalty clauses in the credit agreement. Anything in there about penalties if they fail to collect? Anything in there about penalties if you fail to pay?
This sounds harsh, but finance companies rely on the naivety and complacency of their customers to make them the bulk of their profits, and it grips my shit that people fall for it. Don't go down that road.
Please don't tell me you took out the PPI on the loan.
Again, sorry for sounding like your dad.
finpos. |
|
Back to top |
|
You must be logged in to rate posts |
|
|
Old Thread Alert!
The last post was made 17 years, 197 days ago. Instead of replying here, would creating a new thread be more useful? |
|
|
|