Old Loan Caught up With Me

RobertoMoir

danrogers wrote: »

by the way you all owe me a grand and if you dont pay up im sending someone over to slightly irritate you

Oh no, you're going to have to send a bailiff round to my house for your grand. Or one of those pretend DCA "bailiffs". That should be good fun!

never-in-doubt

RobertoMoir wrote: »

Oh no, you're going to have to send a bailiff round to my house for your grand. Or one of those pretend DCA "bailiffs". That should be good fun!

I think that would be funny, to see how you compared with a bailiff at your door! lol.... is there an old boys network with secret handshakes etc or would you just threaten to kick his head in?

Roberto, not for one minute assuming you're a knuckle dragger or anything matey lol :whistle::whistle::whistle:

(knuckle dragger - taken from here: http://forums.moneysavingexpert.com/showthread.html?t=2122215 )

angelsmomma

:T

golden_eagle wrote: »

I truly hope that the debtors will not be allowed to just walk away from their financial responsibilities on a mere technicality and the courts will rule accordingly. It really makes me angry when people were more than happy to take on credit and now they are trying to get out of repaying it. At the end of the day the banks and other financial institution will only pass on any such bad debts onto other consumers. I really don't see why I should be paying more in interest or fees because of those who acted irresponsibly and now don't want to/cant pay. At the end of the day, anyone earning £10k per annum, taking out a loan of £7.5k and now trying to blame the bank for lending this amount just about sums it up. When will people start taking responsibility for their own actions?! Has the society gone mad?




And no, I don't work for a bank nor do I have any love of them either.

I totally agree :T:T:T

RobertoMoir

never-in-doubt wrote: »

I think that would be funny, to see how you compared with a bailiff at your door! lol.... is there an old boys network with secret handshakes etc or would you just threaten to kick his head in?

Roberto, not for one minute assuming you're a knuckle dragger or anything matey lol :whistle::whistle::whistle:

(knuckle dragger - taken from here: http://forums.moneysavingexpert.com/showthread.html?t=2122215 )

You know how the stereotype for that is the gorilla and the small guy who talks the legal? I wasn't the gorilla...

golden_eagle

never-in-doubt wrote: »

Main point here, it is not a technicality - it is a breach of law therefore illegal. If a lender issues an unlawful agreement or cannot provide one then the debt is unenforceable - end of. That is no technicality or anything else but simple law. Same applies, you can get a job offer with a £100k salary all agreed etc but when you get paid, you only got a grand. So you actually read the contract it shows £100k and a little asterisk. The asterisk explains your basic will be £1k per month unless you request the full amount. You missed it. Legally, what can you do?

Nothing? Didn't you just sign a legal agreement?

Actually, the same law would protect you in this case and use that 'technicality' to ensure you were paid properly in line with what you agreed at the time of offer.

Some of these guys got a card, then noticed they were paying for PPI etc and want to claim it back. part of this involves the mis-sale etc and so they can ask for the debt to be written off.

To be honest we couldn't care less if you get angry (you mean jealous right?) about people who as you put it, were more than happy to take on credit and now they are trying to get out of repaying it. Do you really think that these guys took it out with no intention of repaying or do you think they are just following their rights as a consumer? Have a think about that one yea?

Now the facts - you do not pay more in fees or rates because of non payers - Jesus! When will you learn the facts before spouting rubbish? The losses are deductible from operating profits/losses - they do not affect the average consumer! :mad:

hint: learn what you're talking about before ranting :rotfl:

Well thank you for explaining the basics of contract law to me. I don't know how I have managed to practice as solicitor all these years without your infinite wisdom...

Yes, the legislation was passed to protect the consumer,however, I doubt the Parliament foresaw a situation whereby a consumer had a copy of the CCA to hand, therefore could check its terms, yet demanded a copy nevertheless in hope that it would not be provided by the lender and therefore could have the CCA declared unenforceable (reading of Hansard might help).

No doubt you work for one of those pathetic credit agencies set up to assist all those debtors that are trying to get out of their obligation to repay their debts and get commission in return (commission funded, how else, by credit cards...).

Life is too short getting into an argument with the likes of you with their twisted sense of right and wrong.

iolanthe07

Excellent post golden eagle - spot on.

eschaton

If you kept your !!!! in your trousers you may have found it easier to pay your free money back.

This place is full of shysters.

never-in-doubt

golden_eagle wrote: »

Well thank you for explaining the basics of contract law to me. I don't know how I have managed to practice as solicitor all these years without your infinite wisdom...

And? My daughter is a lawyer but she knows nothing about consumer finance, just cos you may be a lawyer does not mean you know about every aspect of law - surely you must have specialised in a particular discipline of law?????? My point is that you know little about this particular subject and I corrected you, accept that yes?

golden_eagle wrote: »

Yes, the legislation was passed to protect the consumer,however, I doubt the Parliament foresaw a situation whereby a consumer had a copy of the CCA to hand, therefore could check its terms, yet demanded a copy nevertheless in hope that it would not be provided by the lender and therefore could have the CCA declared unenforceable (reading of Hansard might help).

I agree, but at the end of the day a contract should still be 'fair' and if the lenders have misled us (including issuing unlawful agreements) then they should lose out - too right! That i'm afraid is in black and white.

golden_eagle wrote: »

No doubt you work for one of those pathetic credit agencies set up to assist all those debtors that are trying to get out of their obligation to repay their debts and get commission in return (commission funded, how else, by credit cards...).

Well, how wrong you are! I am actually a security specialist, nothing to do with finance or debt but learned the whole process (inside and out and back again 100 times) due to ID Fraud done against me. I am 100% against such firms - which I assumed would be self explanitory from my posts

golden_eagle wrote: »

Life is too short getting into an argument with the likes of you with their twisted sense of right and wrong.

I am not arguing, I am telling you the law and the way it is - like it or lump it, but accept the constructive critisism or avoid forums, there's a good chap

never-in-doubt

iolanthe07 wrote: »

Excellent post golden eagle - spot on.

How, exactly, is it an excellent post?

jennikitten

never-in-doubt wrote: »

To be honest we couldn't care less if you get angry (you mean jealous right?) about people who as you put it, were more than happy to take on credit and now they are trying to get out of repaying it.

Why would anyone be jealous of someone else's debt?

(unless it was lower than theirs )