Secured Loan Nightmare!

_Andy_

Fiona84 wrote: »

This loan was given to us without any risk assessment, without any valuation.

Which was their choice as a lender.

made us take it

No-one 'made' you take anything.

or getting all or part of the loan written off?!

None whatsoever.

Fiona84_2

all i wanted was a bit of advice, i didnt want an argument but everyine just seemed to have a go straight away, presuming i was blaming the bank when in fact i kno myself i shouldnt hav got myself into such a state.

jonnyboy82

i got a secured loan on my house in 2007 but i KNEW what i was getting into and i KNEW they were offering me the money and i KNEW i had to pay it back! i am now struggling as i lost my job but can i just ring them up and ask for it to be written off NO,can i blame them NO as i was the one who walked into the bank and asked for the loan,now unless the sales person who sold you the loan decided to pull out a gun and say sign this agreement or else i suggest you grow up and man up to your choice,i did and have no one to blame but my self.....

_Andy_

The advice above stands. You might not like it but that's how it is. You need to start formulating a plan rather than looking for blame.
You made a choice to borrow money, that choice has backfired. Things happen, it's how you deal with it that counts.
You've had somewhat less-than-friendly replies because your first post really seems to be saying "it's all the lenders fault" - which it isn't.

Fiona84_2

well i didnt walk into the bank and ask for the money i asked for advice, and if u read the other threads u wud c i do take responsibility and admit it

Fiona84_2

well let me re-itterate, iam not saying it's all the lender fault as some of u may presume after my first post, iam not that ignorant! iam trying to get advice, so i can work my way out of it

Fang_3

Fiona84 wrote: »

well let me re-itterate, iam not saying it's all the lender fault as some of u may presume after my first post, iam not that ignorant! iam trying to get advice, so i can work my way out of it

You've been given advice and you've ignored it. Your ridiculous standard of language is giving me a headache. As is your attitude. I'm done.

Fiona84_2

obv ur just in this for a fight?! iam taking on what people say and if you read the threads you will see i take blame and say iam looking for a way to sort my self out and my situation

Fiona84_2

that was no meant to be taken in a bad context, i was being honest and humble actually, it was not an attack

jonnyboy82

listen, i can understand your situation but the way you come across espescially in your first post is you took a loan out have now regretted it and have admitted you want the loan written off,like i said its a situation i understand but im afraid it just does not work like that,you say you went in for advice and didnt want a loan,the thing is if thats the case as soon as the sales person mentioned the word LOAN you should have said wait no i dont want that,if you see what i mean:(