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    • lil_ali
    • By lil_ali 19th Apr 17, 10:01 AM
    • 8Posts
    • 0Thanks
    Skye Loans
    • #1
    • 19th Apr 17, 10:01 AM
    Skye Loans 19th Apr 17 at 10:01 AM
    Hi I'm after some advice please. I took out a loan with black horse in 2006 which was for 120 months. I this loan was sold by BH to Skye Loans in 2015 a letter was issued advising us of this and other than a couple of months payment break at the beginning, payments have been made on time every month.

    I contacted Skye Loans last year to ask when it was due to finish and was told by a very pleasant chap that the last payment would be March 2017. I checked the account are the beginning of April when it was due and it wasn't taken and no request had been made for it, so stupidly I assumed that it was finished!! How wrong I was. I received a letter yesterday saying that I was in arrears even though no request had been made for payment and no letter received before this one to advise of the so called arrears.

    I checked my credit file last week as I had planned on applying for a remortgage and it was fine there was no record of an active Skye account on my file, however I signed up to experian last night to find that my rating had dropped from over 700 to 161 and Skye Loans have logged that we are behind with payments by 6 months!! Help I'm gobsmacked and unsure as to what to do or where to turn. I'm not in arrears so I don't know where this has come from. I'm worried about phoning them as comments on other sites are less than favourable about their customer service and alleged bullying tactics. I've registered with resolver so that I can record the call.

    Any advice would be gratefully received
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    • jimuckmac
    • By jimuckmac 10th Mar 18, 9:04 PM
    • 6 Posts
    • 0 Thanks
    Skye Loans Ltd are not regulated with the Financial Conduct Authority, which means legally they are not permitted to administer the loan or collect on the loan. Don't pay them another penny.
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