Hire Purchase - Welcome Finance

malutki220

Hi!

In 2006 I took HP for a car with Approved Car Finance (they work for WF). On the day the rep I was talking to said clearly (I have witness) that if I want I will be able to return a car after 2year period (original agreement was 4years) and I will not have to pay any money after that. For 2 years I paid very high instalments but I was happy about it at the time. In around february 2008 I've sent termination request to WF as well as PPI repayment request to ACF. If I remember correctly I've received negative answer from ACF. I wasn't worried about it to much at the time as I wanted to end a agreement anyway and I was absolutely sure that I won't have to pay any more. It took several phone conversations and number of letters send out to finally made WF come in and collect a car in SEPTEMBER!. I was a convinced that this is the end. To my surprise WF started to chase me for over £3000 of PPI (which as they said have to be paid for whole 4 years despite what rep said on the day of which agreement was sign). In this sum they included charges of around £1000 for missing car tax, despite me trying to make them to collect the car for over a 6 months. When they informed me about charges I've contacted R James Hutcheon Solicitors and they was dealing wit he case from January 2009. Early on this year they asked Financial Ombudsman to have look but unfortunately I've been just informed that because of my PPI repayment request in 2008 they will not be able to investigate. My solicitors have told me that I can go to court but because low amount they will not be able to help me.

I'm totally terrified. As you probably already know I'm foreign and I don't know what to do next. If I have £3000 I would pay them just to forget about it not to mention spoiled credit rating. Unfortunately I dont have that kind of money. I feel that I was cheated big time by WF ACF and even my solicitors dont seem to great in helping me.

This was Hire Purchase Agreement, and it is possible to return a goods after period of time, in this case 2 years. I do have some paperworks for that. It wasn't repossession. At the time (when I send cancellation request) payments was up to date. I have no idea why they took so long to collect the car but I can only assume they knew time is playing to my disadvantage. At this moment whole amount due is PPI plus some unjustified collection charges. As far as I understand my solicitor won't put the case forward as final value is less than £5000. From yesterday I have contacted number of other solicitors and I have some responses. The only problem is that I don't want to spend another 18 months waiting only to be told they will not help me. Don't know which solicitor to chose. Or perhaps I should take different approach? I'm totally confused. Unfortunately, as I was told, because of my previous PPI repayment request in 2008, I have only 6 months to refer to Financial Ombudsman. Back in 2008 I didn't pursue getting PPI back as I was absolutely sure that after termination I will not have to pay anything.