Secured Loan Nightmare!

Fiona84_2

jonnyboy82 wrote: »

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:(

ok well it seems the way i have written that first post has not made me any friends, i didnt mean to come across like that. i just thought with advice received that day, that a loan was only way and best way at the time,i do regret it and do not want sympathy, i just wanted advice. thanks

_Andy_

OK I think you'd be better off posting in the Debt Free Wannabe section. If you post up details of your outgoings etc you can get some good advice there.

Fiona84_2

thank you for that,i will have a look

jonnyboy82

yes i agree with andy,if you have any unsecured debt like loans credit cards etc you could go down the DMP way,this could really reduce your outgoings monthly and remember secured loans ALWAYS take priority over unsecred loans etc.....

vaporate

_Andy_ wrote: »

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.

as did the banks but they got special treatment didnt they...

Wutang_2

vaporate wrote: »

as did the banks but they got special treatment didnt they...

BNP Boy, get back to standing outside Buckingham Palace as you're talking....well, like a BNP supporter.

halifax71

Wutang wrote: »

BNP Boy, get back to standing outside Buckingham Palace as you're talking....well, like a BNP supporter.

Bit harsh.

Re the loan: -

Was it with Barclays or did they pass the loan onto their subsidiary FirstPlus?

Is the APR variable or fixed?

If variable as with most secured loans have they passed on any of the base rate reductions?

What does your interst rate clause in your terms and conditions say?

Step 1 - reclaim the PPI

Step 2 - try and answer the questions above.

Apples2

vaporate wrote: »

BNP Supporter!

And you have the nerve to call OTHERS a Simpleton :T:T:T

vaporate

Apples2 wrote: »

And you have the nerve to call OTHERS a Simpleton :T:T:T

lol your post lacks any meaning.

dedogsbolloxx

I am looking to get my money back to but I dont think this is the right site for constructive advice