Loans Written Off on Terms and Conditions

never-in-doubt

phgr79 wrote: »

Has anyone got any new updates on this? I sent my first letter off, after 3 weeks they did not send me my terms and conditions, I have now sent the second letter giving them an additional 30 days.

In the mean time I have also lost my job and am recieving letters from the banks debt collector, and both the banks and there debt collector have been helping themselves to money from my account which they claim is within there right according to the terms and conditions, not that I'd now as they wont/have'nt sent me a copy.

Read here: Unenforceability & Template Letters

cornflakes2

After reading this I have my letter in hand to send off. I am a little worried about it all but I'm going to give it a go.
Anyone else doing this please keep us informed.
Thanks :beer:

cornflakes2

I knew I would mess this up. I've only gone and signed my first letter

cornflakes2

I'm just updating on this. They have now cashed my £1 cheque but I haven't received any paperwork
Does anyone have any advice please?
Thank you

~Brock~

cornflakes2 wrote: »

Does anyone have any advice please?

Yes. Read this

alfie10

Dear Sir
I write in regards any credit agreements I have with your company.

Please could you supply to me within 12 days a true copy of any credit agreements that I may hold with your company. I enclose a postal order for 1 pound. This pound is the statutory fee allowed for this request.

Please note, if no agreement is received by me in 52 days, I will presume that none exist.

Regards



This the letter i have sent

~Brock~

alfie10 wrote: »

Dear Sir
I write in regards any credit agreements I have with your company.

Please could you supply to me within 12 days a true copy of any credit agreements that I may hold with your company. I enclose a postal order for 1 pound. This pound is the statutory fee allowed for this request.

Please note, if no agreement is received by me in 52 days, I will presume that none exist.

Regards



This the letter i have sent

Yeah that'll show 'em. Sock it to 'em mate.

Now please read the link I posted above.

timmmers

cardinalbiggles wrote: »

Ok so you take a loan, you cant afford to pay it back so you use a legal loophope to get out of paying.

You took the loan and you aggreed to the terms and conditions of the loan, and to all intents and purposes its not a credit shark loan but one from a normal high street bank.

You want to get out of paying it back. That, unless you are in dire fanancial hardship is wriggling out of paying your debts. It may be lawfull but its imorral and not the kind of thing that decent people do.

Sure we have to use consumer law to protect the masses but what you are saying is that its ok to exploit technicalities to allow those who cant afford to get what they want and who cares about who is going to pay for it.

If we never lived in a society where people who couldnt afford things had easy access to money to pay for them we wouldnt be in this mess, that is the problem.

If you cant afford to pay for it (and dont have a job) dont bother with it, that may be harsh but its reality and thats whats sadly missing with many people nowadays.

Maybe with all their resources the banks could actually check that people can repay loans a little better? The banls are the ones making access easy.

If people who can't afford a loan weren't having them (and CCs ) fired at them from all angles ..they wouldn't have any wriggling to do. They wouldn't be in debt and would have to save.

t

PS

"You want to get out of paying it back. That, unless you are in dire fanancial hardship is wriggling out of paying your debts. It may be lawfull but its imorral and not the kind of thing that decent people do."

I lend you 10 quid, you are a day late paying it back...I write to you about it...I add 35 quid to the debt for my admin costs for writing the letter. It may be lawfull but its imoral and not the kind of thing that decent people do.

cornflakes2

alfie10 wrote: »

Dear Sir
I write in regards any credit agreements I have with your company.

Please could you supply to me within 12 days a true copy of any credit agreements that I may hold with your company. I enclose a postal order for 1 pound. This pound is the statutory fee allowed for this request.

Please note, if no agreement is received by me in 52 days, I will presume that none exist.

Regards



This the letter i have sent

I have already sent this type of letter using the template that never-in-doubt put on here (above)
I am thinking about pulling out of this, I think it's all over my heard. I had someone phone me, you know, the cold calling type. Perhaps I should have let them do all this for me.
PS I am a women by the way and how the hell do you put a smiley face on here, they keep going up to my title bar heehee.

cornflakes2

Thank you but I don't understand it, it's all to confusing..I must be stupid (unhappy face)