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Swift Advances Excessive charges Reclaim !!

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  • Cvsc
    Cvsc Posts: 54 Forumite
    For anyone wanting information regarding Swift Advances excessive charges and what others are doing about it then check out Consumer Action Group website
    http://www.consumeractiongroup.co.uk/forum/forumdisplay.php?249-Swift-Advances
    More people than you think out there with the same problem as myself !!!
  • Cvsc
    Cvsc Posts: 54 Forumite
    FOS Complaint form filled in and sent yesterday regarding excessive and unfair charges levied onto my account by Swift Advances Plc along with supporting evidence.Email also sent to Office of Fair Trading secured lending team (OFT) informing them a complaint has been lodged against Swift.Now time to sit back for atleast a year while the Fos unravel this one.
  • FSA submitted a report in sept 2011, and they quote "unfair" and "excessive" fees made by swift. I think any claim to these would.be reasonable to use the quote and why not? I have.
    Particular at repo there are excessive charges - even when you leave the property - until its sold.
  • Cvsc
    Cvsc Posts: 54 Forumite
    !! UPDATE !!
    Decision received today from foslink3.gif regarding excessive & unfair charges levied by Swift Advances and despite all the evidence i sent including OFT recent court case with Swift,They have decided to NOT uphold my complaint. Any ideas on what to do now? Appreciated.
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