Can you claim bank loans

jonesMUFCforever

sukh300 wrote: »

No I was approached by an IT training company and they advised on getting a loan from Barclays which they administered in order to do the course

I wasn't asked about my employment status at the time

Then after 1 year the company went into administration and then Barclays suddenly called in the loan eventhough I wasn't due originally to pay the loan back until after 2 years when the loan was then due to be started to payback after the course was due to finish.

I originally was just starting to pay the interest only for about 8-9 months as the cost of the loan started to mount up. Barclays did not give me any other options apart to start paying loan back asap.

I was given no other option to pay to do this course other than take out a loan which the IT training company advised was the only way to pay and they arranged the loan.

Hope that helps

None of this was mentioned in your first post - anything else you left out?

PeacefulWaters

Did the course actually get supplied?

Was the loan a conditional agreement for provision of the course?

Find out. If the answers are no and yes then there might be milage in a section 75 claim.