FirstPlus

Apples2

gelly150 wrote: »

One more question they are still charging at the 2008 interest rate, surely this should have reduced, as it is a variable rate loan.

You'd think that wouldn't you?

Unfortunately they don't work this way. there may have been a drop of 0.001% one month followed by an increase of 8% the next.
Nowhere does it say variable means it will track base rates, variable just means they can increase it whenever they feel like it.

I'm not sure the tree you are barking up is the right one by trying to pass the responsibility of this onto them, this was your loan and your responsbility to repay it.

Good news is the PPI, if it was fit for purpose it would have paid out when you lost your job. That's a pretty penny coming back for your benefit. Get your skates on and start reclaiming, you can make a good dent in your debt.

gelly150

Thanks all, the letters are in the post, I've also knocked out to my bank (Halifax) in an attempt to get some bank charges back, but I'm not gonna hold my breath.

ps; anyone wanna buy a cottage in cornwall, I'm seroius.

Apples2

Sorry - My heads not pointy enough to be accepted down there.

gelly150

Apples2 wrote: »

Sorry - My heads not pointy enough to be accepted down there.

It onlt takes about 30 years or so;)