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Paragon Finance vs Me
Hi,
I was wondering if anyone on the forums would be able to tell me if the secured loan taken out with Paragon Finance is enforceable, I have a funny feeling that they may have added the fee to the credit amount and charged interest on it which according the the House of Lords is illegal and would make the CCA unenforceable...
If so, I'll upload a copy for your perusal.
Thanks,
Chalkiex.
I was wondering if anyone on the forums would be able to tell me if the secured loan taken out with Paragon Finance is enforceable, I have a funny feeling that they may have added the fee to the credit amount and charged interest on it which according the the House of Lords is illegal and would make the CCA unenforceable...
If so, I'll upload a copy for your perusal.
Thanks,
Chalkiex.
0
Comments
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I very much doubt it. did you get the money from them? if you did can you tell me why you do not want to pay them back after they have loaned you the money...your credit file will be trashed just finding out..It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
do not touch this company with a barge pole. loan sharks !!! we had nothing but trouble and grief with them and ended paying back alot more than we orginally took out.life is what you make it, make it fun !0
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happy_lass wrote: »we....ended paying back alot more than we orginally took out.
I think that's how loans work.0 -
Hi,
I was wondering if anyone on the forums would be able to tell me if the secured loan taken out with Paragon Finance is enforceable, I have a funny feeling that they may have added the fee to the credit amount and charged interest on it which according the the House of Lords is illegal and would make the CCA unenforceable...
If so, I'll upload a copy for your perusal.
Thanks,
Chalkiex.
they would have asked if you wanted to pay the fee or add to loan the choice would have been yours
as for unenforcable......no in a word0 -
"We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein0
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I have a funny feeling that they may have added the fee to the credit amount and charged interest on it which according the the House of Lords is illegal and would make the CCA unenforceable...
Actually the Supreme Court has last year confirmed that charging interest on a fee is perfectly legal.0
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