Loan charge

chelle30

Hi there

I have a loan for a car i bought last year, i have just put a private reg on my car and now the loan company say that they have to charge me £30 to chnage there documents this is scandelous, can i appeal against this??

Thanks
Michelle

Tixy

Is this a secured loan/HP?

If so then they do need to change the documents to show that the car the debt secured on now has different plates, and it would seem typical that they would bill an administration cost for this.

You could look at the loan agreement but doubt you'll have much luck.

chelle30

Thanks, yeah its HP.

Just also realised my typo's

*Changed
*Their

Typed fast as so mad they can charge that its rediculous!

Michelle x

drbesty

If you can afford to splash out on a private plate I'm sure you can pay £30 to have the documents changed

Wutang_2

chelle30 wrote: »

Thanks, yeah its HP.

Just also realised my typo's

*Changed
*Their

Typed fast as so mad they can charge that its rediculous!

Michelle x

and scandelous!

Check the T&Cs - its like a holy grail.

ILW

30 quid seems about right to me. Sorry.

iolanthe07

How much did the private plate cost? Vanity is always expensive.

Common_Sense_2

As previous posters have said - they will have to issue modifying documents and inform the HPI and car data check companies that the interest has moved to your new plate -- this will obviously cost them money. They have every right to pass on that cost to you.