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Maximum un-secured loan amount

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Comments

  • ILW wrote: »
    Why do you want to give Lloyds grief. You asked to borrow money and they lent it to you. Why the vendetta?

    why not?, i have paid it back, (well, will have in 2 months)
    I'm proud to say that the banks no longer take money from me after becoming debt free
  • ILW
    ILW Posts: 18,333 Forumite
    why not?, i have paid it back, (well, will have in 2 months)

    Sounds like a rather strange hobby, wasting a lot of peoples time and money for no reason.
  • zppp
    zppp Posts: 2,476 Forumite
    i will ask them about the total loan amount as this is how it is shown, (just to be a pain).

    No point really I would say. Although there was an arbitary cap of £25k in place in pre-2006 Consumer Credit regulation, anything above £25,000 was unregulated unless the court deems otherwise. You borrowed £25,000, so I can see a court and the FOS agreeing that the agreement is subject to the CCA.

    (Incidentally being covered under the CCA actually gives you as the borrower more protection than if it were unregulated)
    Best Regards

    zppp :)

  • thanls for all your responses, have a prosperous 2011
    I'm proud to say that the banks no longer take money from me after becoming debt free
  • zppp
    zppp Posts: 2,476 Forumite
    Good luck with your PPI claim. :)
    Best Regards

    zppp :)

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