We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Can settee's be repo'd..?
harveybobbles
Posts: 8,973 Forumite
Just helping out a friend (she's 75) with some debts. Managed to deal with all of the non priority ones, but the one I'm unsure about is 4 settees on finance from CLS. Monthly payments on them is about £180.
Would she be able to cancel the direct debit and just pay a lower amount to suit her each month? Never heard of settee's getting repo'd TBH.
Other thing to mention is the finance is with Creation - who look like they do loans, rather than HP? Just wondering if CSL put it through as a loan?
Would she be able to cancel the direct debit and just pay a lower amount to suit her each month? Never heard of settee's getting repo'd TBH.
Other thing to mention is the finance is with Creation - who look like they do loans, rather than HP? Just wondering if CSL put it through as a loan?
0
Comments
-
They can take them back....eventually.
If bailiffs are involved then they should be leaving one seat per occupant and not taking absolutely everything in settlement of the debt.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money. 0 -
But if it was put through as a loan, then there is nothing to repo really?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards