Lender has terminated my loan in error, where do I stand

Janie4Now

My first sentence stands. I don't know what you are trying to achieve here but you have been warned so enough.

Conrad2

Janie4Now wrote: »

My first sentence stands. I don't know what you are trying to achieve here but you have been warned so enough.

In other words, with fingers in ears: La la la la la la la la la la

Janie4Now

Indeed........

Conrad2

Janie4Now wrote: »

Indeed........

I'll try to make this a last post until I have finality, but could you, or anyone else that gain says my case, quote the individual points mentioned and demonstrate with something other than opinion, why what I have said is wrong.

You're not going to, are you Janie. Bit too much to expect insight.

sheilds

I would just love to understand why you would make a humongous crusade and saga out of something that could have been sorted with a few reasonable phone calls?

jonesMUFCforever

sheilds wrote: »

I would just love to understand why you would make a humongous crusade and saga out of something that could have been sorted with a few reasonable phone calls?

Easy - he wants to avoid paying back what he borrowed,

Conrad2

sheilds wrote: »

I would just love to understand why you would make a humongous crusade and saga out of something that could have been sorted with a few reasonable phone calls?

Amen to that. Not a single phone call from them, I am constantly checking my phone, nor a single letter. 27 days since I first contacted them, over a month if you include my initial phone call, with regular letter writing since then - now up to eight letters imploring them for a response, though also quoting their obligations and the law to them.

I did phone them too, but forgive me if I have been let down by their very poor customer services, and forgive me if I, myself, am now only putting anything in writing, seeing as they have put a collections company on me with no due process and refuse to put the thing right.

So I agree with you entirely on your point.:T

Conrad2

jonesMUFCforever wrote: »

Easy - he wants to avoid paying back what he borrowed,

Didn't before, but I do now!!!!!!:beer:

jonesMUFCforever

Shame it won't work - but the thrashing of your credit files for the next few years means nobody will touch you - sparing the internet with wasteful threads such as this one.

freshstart11

Have been reading this as it goes along, must admit from that start feels like you are trying to avoid repayment. As others I have shown this to a lawyer friend who says pretty much the same as a previous posters wife.

I hope this doesn't backfire on you and works out well, but sadly in this day and age I thought it would be common sense to call them again to sort this rather than let this escalate. Regardless of what you say that it is their responsibility to call you, you are an adult and are responsible for your credit file and had that been me would have called repeatedly until I spoke to a manager or such that would listen to the situation. But that is me.

I do worry you cancelling your repayments so quickly doesn't look good and I truly hope that won't go against you - same as other posters concerned you may be damaging your credit rating.


Are you in a position you could repay the loan in full if that is the case?

I am not going to get in to if you are right or not with what you have said, my understanding of the law in this area is cloudy to say least, I just hope you have looked at the bigger picture rather than carrying on your vendetta (for lack of a better word off the top of my head, sorry)

I hope that works out well for you, by that I do not mean you get away with not paying as feel that is morally wrong and I would hope if you have/had kids you would not want them thinking skipping debts is right, but I do not want you to come out bad from this.


Remember even if everything you say is 100% right, it doesnt mean it will go your way - such is life.


Take care x