FLM Quick are destroying us.

Loans_Scams

jambojam wrote: »

actually though to the poster of this. I would guess that your friend (the guarantor) completely screwed you over here. I would imagine that this person is the one that gave them the "go ahead" on Monday.

FLM would have received the approval from both of you to go ahead with one of their loans. He gets the money into his account and doesn't tell you about it. The speed in which these companies act once they have approval to get these things in motion is astonishing and so although you were informed that this could be cancelled, it was probably already in motion once you called. To cancel, you would've needed the guarantor to transfer the money back once they saw it in their account (2 weeks cool off period is normally given here).

As for what to do right now, take the website down. Liable is very serious and to defend it will cost you a bomb. You need to talk to CAB and get armed with as much info as possible. It would be very useful if you can get a full record of you payments to FLM to date. There are companies that specialise in working with people like yourself and forcing companies like FLM to write off amounts of debt when excessive payments have been made and also restructure remaining debt into something more affordable. I've forgotten the names right now but I can have a look if you're interested.

I would say though that from the sound of things, the way this has been setup it would be hard for you to prove that FLM have done anything wrong in running with this contract.

jambojam Good on you. Yes their system can be abused. I never got any money from them. I asked for a loan the Guarantor apparently got the money and I didn't get any. But they took a years worth of payments from me.

jambojam

Yep, it does seem like you've been the victim of an abuse of their system. It would just be so hard for you to prove it in this case, seeing as you went in with the intention of taking out a loan and signing up to their terms. The fact that you withdrew late and clearly the guarantor didn't is what has done you over.

I am not a home owner either, but I have a good credit score and that's enough to get a loan if I want. Thankfully after all of this I still have a good credit score!

jambojam

oh yeah and rubylou! You definitely need to sell! I would also agree with FLM an amount that they can settle on and a time in which it will be paid by and have that in writing.

If he wants to threaten you with the police then tell him to go ahead, but his choice is to either pay the debts owed to FLM in the time frame they give or the property is sold to cover the debts he owes. If you explain the situation with the total amount he owes and the timeframes in which to pay it by then there would be very little that he can do to claim any wrong doing by you.

I also wonder exactly how he could prove ownership of a big collection like that. I doubt he has kept reciepts over the years

antrobus

jambojam wrote: »

...
As for what to do right now, take the website down. Liable is very serious and to defend it will cost you a bomb. ...

Yes, but the guy says he's bankrupt. There's no point in suing someone for libel if they ain't got no money - it's gonna cost you a bomb, not them.

jambojam

depends how vindictive they are, defamatory libel is a criminal offence and not civil. So you could find yourself with a record to go with the bad credit rating. It is dealt with as a crime and so it wouldn't cost FLM much to persue it, but definitely would cost you to defend it.

debtcutter

By the sounds of it you're planning to take action for the sake of it., purely because you're bankrupt and don't think you'll lose money personally. It seems a bit pointless. If you ask them to give you the money that you say they took back, they probably would, now they know you're bankrupt, if they havent already paid it back

It does kind of sound like they just never got told you were bankrupt and if that's the case, jambojam seems to have had a fairly good experience with them.

I don't understand why you left it month's before letting them know, have you sent them the call of you cancelling the loan?

It does feel like there's a piece of the jigsaw missing. WHo's your guarantor? why would someone you trust enough to ask to be your guarantor run away with your £500?

It's him I'd be wanting to take to court

jambojam

debtcutter wrote: »

By the sounds of it you're planning to take action for the sake of it., purely because you're bankrupt and don't think you'll lose money personally. It seems a bit pointless. If you ask them to give you the money that you say they took back, they probably would, now they know you're bankrupt, if they havent already paid it back

It does kind of sound like they just never got told you were bankrupt and if that's the case, jambojam seems to have had a fairly good experience with them.

I don't understand why you left it month's before letting them know, have you sent them the call of you cancelling the loan?

It does feel like there's a piece of the jigsaw missing. WHo's your guarantor? why would someone you trust enough to ask to be your guarantor run away with your £500?

It's him I'd be wanting to take to court

Spot on! It's not FLM in the wrong here, the guarantor has made off with the money and left you paying the debt!

KingElvis

There ought to be a law about these shabby loans, the poor sap who's signing on behalf of the non paying shyster should be given a sheet in big letters spelling out the dangers....I feel for people who've been conned into this.

Loans_Scams

jambojam wrote: »

depends how vindictive they are, defamatory libel is a criminal offence and not civil. So you could find yourself with a record to go with the bad credit rating. It is dealt with as a crime and so it wouldn't cost FLM much to persue it, but definitely would cost you to defend it.

Hi jambojam,
It's slightly weird I know, but how I will go after this is simple. I filled in the FLM on Friday the 15th April 2011. I got all the Docs I then read them and called to cancel the loan because the T's and C's did not look healthy.

I have two things that will help. Firstly I luckily called from my home phone, I am a bit of a techie so my computer records my calls. I used to use for pranks in incoming sales calls. but it recorded the call. I then have my second piece of evidence. My landline phone bill.

It quite clearly shows the phone call and the recording lasts exactly the same time as the telephone bill says ( I don't think my telephone company would lie) They have no reason to and its impossible for the two to match perfectly unless it is true.

The guarantor did not do anything that day and I am only going on what FLM say (They claim that the Guarantor filled in the forms on the Monday 18th April 2011 some three days later)

They allegedly paid him on the Monday 18th 2011. due to cancelling I was not a party to the contract.

FLM stated to me that I called on the Monday and said I want the Loan. Strange thing to say. checking my landline and mobile phone bill there is no call to them. They claim I called off my mobile.

On January 23rd I was made Bankrupt. FLM were listed as a creditor. FLM ignored the bankruptcy and continued taking money from me. I eventually alerted them to it. of the 6th April 2012. after they tried to access my account again this time it was blocked.

On the 16th April 2012 they managed to get another payment from me. I called them they said they didn't know about the bankruptcy but my text message proves to them I did. At this point they kept demanding money adding charges, texting me and emailing me telling me I am getting into arrears.

It is blatant harassment. They refund two payments but not the third. nor any other money they took from my account.

Stangely enough all the other creditors knew except FLM in there email they say the paperwork may of got lost. They claim to have paid back all monies since the bankruptcy but they have not. Amazing they work with figures all day but the muppets can't figure it out.

There email admits they knew on the 6th so all there contact thereafter is harassment.

Because of their bad attitude they got the websites and they will get a lawsuit at the minute though I am waiting on the FOS complaint I put in.

If I am not happy then I will go to court. I am not scared of the courts like some people I managed to successfully sue Halifax in October 2009 for a breach of contract winning £4,000 and in 2010 I won out of court settlement with an un-named debt collection company for Harassment.

In 2011 I beat BT (British Telecom) in a court case for breach of contract and again Virgin Media gave in when I went against them just a few months later.

As you can see I do not fear the system if its used correctly you stand a good chance if you tell the truth.

With FLM they don't know there !!!! from there hands they will be easy to beat. All there admissions are already evidenced and it is what will do them.

In the mean time I am free to write the truth on many websites.

Follow me and you will find that these companies do not have it legally tied up as much as they think.

Don't want to look like a !!!! here but. Libel is a civil matter.

The only time there could be an issue is not is when you attack individuals. it does not matter then if the statement is true or not. If you name and shame individuals then a lawsuit could go down the harassment route. Hence the reason why I don't post there names or pictures on the websites.

I could link the laws but as a newby MSE does not allow me to do this.
Anyway I hope you support me morally with this, I do not mind being a litigant in person at all. Hopefully when I win other people may soon begin to understand that these companies are not as legally clear as they think then it will stop there stupid behavior and make then learn that people will not longer put up with their !!!!!!!!.

Loans_Scams

Hi jambojam,
Here is a little something for you, it may help you understand.

Where did the libel laws come from?
English libel law was invented by the judges of the Queen's Bench as an alternative to duelling, to allow gentlemen to defend their reputations without resorting to violence. Like trespass and negligence, libel is a form of civil law. Civil law is concerned with the rights and duties of citizens, unlike criminal law, which addresses offences against society, such as murder or assault.

You may also be interested in this,

English law allows actions for libel to be brought in the High Court for any published statements alleged to defame a named or identifiable individual or individuals in a manner that causes them loss in their trade or profession, or causes a reasonable person to think worse of them. Allowable defenses are justification (the truth of the statement), fair comment (whether the statement was a view that a reasonable person could have held), and privilege (whether the statements were made in Parliament or in court, or whether they were fair reports of allegations in the public interest)

Next,
I am currently bankrupt, Good luck on FLM ("Haymarket Lending Limited") winning anything.

I received contact from the Official Receiver yesterday and they were asking about any potential lawsuit and what I would spend any winnings on.

FLM contacted them saying that I was potentially suing them. The OR is going to let me know if they will have an interest in the lawsuit and what it is for.

Told them
Taking money although there was no contract. DSR Section (9) the contract was cancelled in the same type of means that the Loan was requested.

They serviced the loan 3 days after cancellation (Admitted by FLM as to the dates.)

And 11 Counts of Harassment of a Bankrupt.

This is in reference to the amount of times that they demanded money from me or took money from knowing that I was Bankrupt.

I think the only person who would win a lawsuit is me.

The websites have been up for one week now. The longer any website exists the less likely that their would be any chance of winning a case of Libel.

The UK is also trying to lose its image as a Libel Tourist and many cases are being totally lost. check Smith v ADVFN you will see what I mean.

The fact that only write the truth it would be very difficult and costly to take on a Libel Case (Estimate of minimum £20,000) Should they lose they would become liable for my costs.

Trust me they are not going down that route and winning.

I think at best they will try to defend any case I throw at them with bull crap.

I would suggest Googleing Lost Libel Cases,

On another note there is now a Petition on the one website which once filled with email signature's calls upon the OFT to revoke the Consumer Credit License of Haymarket Lending Ltd.

From what I have read the OFT takes it very seriously when there are Petitions and the fact they already Minded to Revoke Haymarket Lending's license in the past and are currently under restrictions then it could cause Haymarket a significant problem.