Secured loan

jles49

Does anyone else have a secured loan with First Plus. They keep putting up the interest even if the rate does not change. Does anyone know if anything can be done about it or do i have to just pay it because it is secured. Getting into debt was stupid but taking out the loan was even worse. I should have started my DMP then and would be half way through paying it. I Pay them more than my mortgage and wish id never heard of First Plus. Thanks for the moan but if I ever get any money they will be the 1st to go.

tealady

Hi. How about putting up your SOA to see if we can help you get rid of it.
Have you thought about asking whoever you have your mortgage with for a 2nd mortgage to pay off these people (personally I would never deal with any company recommended by Carol Vauderman - what would she need a loan for?)

skintmumofone

yes I have one with FP and yes its annoying when they put the % rate up especially when the rate is so low at the moment.

I hope to get most of my PPI back from them and them restructure my loan as I never will again take a loan out secured on my house - to be honest they wouldnt even get half their money back from the sale of my house as the market is so rubbish so am not worried about them. But if they were to keep upping it I would be in severe trouble as would hundreds if not thousands of people with FP loans = this is their way of getting mroe money out of us existing customers re their fine and having to pay back all the PPI so they are not getting anywhere with new customers so they take it out on the ones they have gr gr gr makes me sooooo mad......

jles49

wod ask it 2 be added to my mortgage bt they refused last year as i was over committed on my credit/ Have PPP with FP should i claim it back they told me if i didnt claim on it i the 5 years i wod get it all back. should i clam it back now as they have added it to my loan/ Pack of greedy sharks hate them. No wonder they dont lend anymore just pick on who owes them

jles49

let me no how you get on on claiming pp from First Plus. If you successful ill try as they owe me £5000 that they added on my loan and told me i wod get it back if i never claimed on it. Believe it when i see it. Wod rather have it now and will claim if u successful