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

Loan question

Puddylove
Puddylove Posts: 507 Forumite
Eighth Anniversary Combo Breaker
in Loans
Hi all
Next month I make the last repayment on a Halifax loan. :j

Will they send me a final statement...silly I know but I like to have the evidence?

Thanks.

Comments

  • happy_bunny_2
    happy_bunny_2 Posts: 4,488 Forumite
    If they don't, you can request one.

    HB
    :beer:
  • welshiex
    welshiex Posts: 53 Forumite
    Eighth Anniversary Combo Breaker
    With my previous Lloyds loan I was sent one automatically about two weeks after my last payment/account closure I assume as Halifax are part of LBG it would be the same! If not as HB above states you can always request one :)
    Lloyds Personal Loan #3: £5000 (£4743)


    Ps. excuse spelling/grammar all posts to this site are from mobile devices :)
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    We have a drunk spammer in the house!!
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    dealer_wins wrote: »
    We have a drunk spammer in the house!!

    That's disappointing, I thought it was a developing philosophy and in a few posts we might have a new world religion.
  • Puddylove
    Puddylove Posts: 507 Forumite
    Eighth Anniversary Combo Breaker
    Thanks all.
    I will request a statement if they don't volunteer one.
    I'm looking forward to being £240 a month better off. :D
  • a1260
    a1260 Posts: 3 Newbie
    Question on a loan I have with Sainsburys. They recently sent me a letter stating that they hadn't issued me statements for my loan for the period between Sept 2011 and Sept 2013 as they should as per the Consumer Credit Act regulations. My question is, should I be compensated for this and in what way should I be as they have breached the act??
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    a1260 wrote: »
    Question on a loan I have with Sainsburys. They recently sent me a letter stating that they hadn't issued me statements for my loan for the period between Sept 2011 and Sept 2013 as they should as per the Consumer Credit Act regulations. My question is, should I be compensated for this and in what way should I be as they have breached the act??

    I think you should be compensated by them sending you your statements.
  • happy_bunny_2
    happy_bunny_2 Posts: 4,488 Forumite
    a1260 wrote: »
    Question on a loan I have with Sainsburys. They recently sent me a letter stating that they hadn't issued me statements for my loan for the period between Sept 2011 and Sept 2013 as they should as per the Consumer Credit Act regulations. My question is, should I be compensated for this and in what way should I be as they have breached the act??

    Did they say what they were going to do about it?

    Write back and ask them.
    :beer:
  • Foxy-Stoat_3
    Foxy-Stoat_3 Posts: 2,980 Forumite
    a1260 wrote: »
    My question is, should I be compensated for this and in what way should I be as they have breached the act??

    How much money will make it all better?
    "Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture