Tiny Pc

jrobbo51

Last year I bought a laptop from Tiny shortly before they went bust. I have a 12 month interest free period with them which is due up on the 29th May.
I have been told I would recieve a reminder 4 weeks before the 12 month period is up. I have recieved no such letter.
I am therefore considering not paying the money until I recieve a letter, just in case my debt has been somehow forgotten about due to the company going bust, although I understand that any debts are usually taken on by the finance company involved.
One problem is, if I miss the payment before the 12 month period is up, I will then have to pay the interest which is almost double what I have to pay now.
Would be grateful for some help on this issue.

Sillychuckie

You should probably contact the finance company (do you have their details?) as I wouldn't risk not paying, simply because the letter didn't arrive. It could be one of royal mail's muck ups. I'm not sure where you would stand legally, but could you prove you didn't receive the letter? Probably not...
I'd play it safe and contact them, or just start paying.

stebiz

I bought a pc from Comet about 5 years ago on a similar deal. I was 4 weeks late in paying because I did not receive a reminder. I got hit will full interest charges for the first 12 months as well as future. I contacted trading standards, comet head office and they would not budge.

I paid the full amount and have never been near comet since and never will. Although what they did was legal I felt totally let down.

As suggested previously it will lie with the finance company. Contact them and make arrangements. Either that or play Black and Red on Roulette. It is safer Good Luck.

Stebiz

jonesMUFCforever

You may have bought the computer from Tiny but the finance would have come from a seperate finance company.
Failure to pay puts you in default and liable for full interest to be levied on top.
Pay now to be safe.
Believe me the finance company will not have forgotten about you.