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Urgent help
skinnylady
Posts: 5 Forumite
I am not sure if this is the right category to post this but couldn't find anything else appropriate. I need some urgent help!
I recently sold my car. The car had an outstanding finance. The buyer wanted to pay the outstanding finance directly, which i agreed to and he settled the rest of the money directly with me. The finance company sent a letter of clearance and a letter stating my agreement has ended with them. I sold the car once i received this confirmation.
3 weeks later, the finance company has called me to say the outstanding finance was settled by credit card and they suspect the transaction to be fraudulent and that it might be reversed by the bank. They inform me that if this happens they will issue me a default notice. I was never informed that the payment was made by credit card or that it could be reversed up to 3 months.
Where does this leave me? I am liable? What rights do i have? pls assist..
I recently sold my car. The car had an outstanding finance. The buyer wanted to pay the outstanding finance directly, which i agreed to and he settled the rest of the money directly with me. The finance company sent a letter of clearance and a letter stating my agreement has ended with them. I sold the car once i received this confirmation.
3 weeks later, the finance company has called me to say the outstanding finance was settled by credit card and they suspect the transaction to be fraudulent and that it might be reversed by the bank. They inform me that if this happens they will issue me a default notice. I was never informed that the payment was made by credit card or that it could be reversed up to 3 months.
Where does this leave me? I am liable? What rights do i have? pls assist..
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