Firstplus - ripped off!!!!!

Scattercash

Hi,
I took out a secured loan with Firstplus at the end of November, have paid nearly £1000 to them, the interest rate has gone up twice in 4 months adding nearly £40 to my monthly payment. I have re negotiated my mortgage so I can get rid of Firstplus and have been told I owe more than I borrowed!!!

It turns out you have to pay 2 months interest as a penalty for early repayment and an administration fee of £150 to remove the charge from your property. Is this legal? Any advice would be gratefully received,

Phantom_Flan_Flinger

It'll have been in their Terms and Conditions, to which you signed.

Not a lot you can do.

Browntoa

you can write to Carol Vorderman and ask how she sleeps at night !!

Poppycat

I bet she sleeps very nicely with all the money she makes on tv and advertising

bravemanscotland

watch this space -major expose on First plus on the way

jonesMUFCforever

It's been done before - they won't bat an eyelid or eyelash in the case of Carol.

bravemanscotland

trust me this is far more serious

bravemanscotland

Carol once defended herself on Have I got News for You by boasting that "first plus have never repossessed a house" they are now repossessing 100s maybe 1000s. And if you cant pay they are also sending people round to shout through your letter box. :mad:

Dylanwing

It turns out you have to pay 2 months interest as a penalty for early repayment and an administration fee of £150 to remove the charge from your property. Is this legal? Any advice would be gratefully received,

And the rest........... Crooks

Tootsie_Roll

bravemanscotland wrote: »

Carol once defended herself on Have I got News for You by boasting that "first plus have never repossessed a house" they are now repossessing 100s maybe 1000s. And if you cant pay they are also sending people round to shout through your letter box. :mad:

Are they ? That's news to me. Must have happened in the last 12 months as prior to that they hadn't.

How do you know ?

bravemanscotland

A couple of guys who used to work for first plus currently work for a mate of mine. People are leaving in droves so disgusted by what they are asked to do. The genie is truly out of the bottle:mad: