Finance Companies

hopeneeded

hi

i used to own a car i bought new from Peugoet. I paid alot of late charges over a 9 months period. I want to claim and have the details, but Peugeot finance say they are not a bank nor a finance house? can I re-claim as it was not a loan?

hopeneeded

nickmack

hopeneeded wrote: »

i used to own a car i bought new from Peugoet. I paid alot of late charges over a 9 months period. I want to claim and have the details, but Peugeot finance say they are not a bank nor a finance house? can I re-claim as it was not a loan?

Shouldn't make a difference, they should be regulated by the Financial Services Authority if they provide credit. I would start a claim in the same way, other people have claimed on HP agreements.

delizz

hi,

is it possible for me to claim back the charges i have got from car finance companies? i have reclaimed from the banks and am in the process of doing the credit cards but im not sure about these others.

Tozer

What charges do you mean? Late payment fees?

delizz

yes, i am not sue what they come under either banks or something else so unsure if i can claim

delizz

can anybody help me on this please. all info much appreciated!!!

LilDevil

We did start this process last year, but stupidly lost track of when to write back to them. I think they offered to deduct some money if we paid the rest in full, but can't really remember.

I'd say go for it, especially if like us, they would not accept reduced payments due to my being unemployed

delizz

do u think they will want me to settle the finance then before i get the charges back?

lillymay1975_2

Hi

Just a quick note we have been trying for 18 months to get charges back from a car loan, the car was re-posessed last april, the only money we owe is charges, they are now chasing us for over £4000, which is going up and up ever month, so if you get anywhere, let me know please, OnLine finance we were with, which have merged with GMAC our mortgage company ahhhhh....

Louling06

Hi,
My father-in-law has recently been taken to court for falling behind with the payments on a car finance (Capital Bank). I went through his account statement as he could not understand why he was behing with his payments. I discovered that the overdue sum was actually down to charges he had incurred for making payments late.
I wrote a letter and worked out the charges that had been applied to his account including interest. I used Martin's templates for claiming back bank charges with a few rewordings for this purpose. This was submitted as his defence into the court. As he was counter-suing for these charges this was adjourned. My father-in-law was told that this was because of what was happening with the bank charges test case and also that something similar was happening in Cardif with a finance company and these charges couldn't be claimed until this was finished.
Has anyone heard anything similar as I currently have 5 claims waiting to fire off for my partner to finance companies.
Thanks
Lou