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  • FIRST POST
    • amis
    • By amis 7th Oct 17, 11:09 AM
    • 1Posts
    • 0Thanks
    amis
    Barclays Partner Finance Query
    • #1
    • 7th Oct 17, 11:09 AM
    Barclays Partner Finance Query 7th Oct 17 at 11:09 AM
    Hi
    I am one of the victims of the timeshare concept and wanted to see if there is any guidance available from the forum please?

    The short of the issue is we got missold timeshare with effectively a signed off loan from Barclays partner finance despite of already being in a DMP.

    So my question is - are there any other people who may be in a similar situation or have been in a similar situation but managed to come out of it? If so how and what can we do to seek financial/legal advice and is there any possibility of writing off the existing loan?

    Thanks
Page 1
    • Nearlyold
    • By Nearlyold 7th Oct 17, 11:35 AM
    • 969 Posts
    • 797 Thanks
    Nearlyold
    • #2
    • 7th Oct 17, 11:35 AM
    • #2
    • 7th Oct 17, 11:35 AM
    Are you paying the Timeshare Loan?
    • jonesMUFCforever
    • By jonesMUFCforever 7th Oct 17, 11:40 AM
    • 24,081 Posts
    • 11,368 Thanks
    jonesMUFCforever
    • #3
    • 7th Oct 17, 11:40 AM
    • #3
    • 7th Oct 17, 11:40 AM
    Nope there is no way out.
    If Barclays conducted a credit search on you and found out about your debts and still lent money to you - well that's down to them.
    You knew that you should not have entered into any new credit agreements whilst in a DMP but I believe it is not illegal to do so.

    So basically you are stuck with it.
    What goes around - comes around
    give lots and you will always receive lots
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