Loans2Go - Car Repossession

Roisin1992

Thank you, just really hope they will be reasonable. They said they would try to help just to say pay up or we take your car is not helping !

27col

Roisin1992 wrote: »

Thank you, just really hope they will be reasonable. They said they would try to help just to say pay up or we take your car is not helping !

Unfortunately, not paying what you owe, when you owe it, is not helping either.

Roisin1992

I do understand that & the answer is I probably should not have been allowed to take the loan in the first place. Life isn't perfect this is sadly the reality of it

Gaz83

As has been said above, if you've missed payments, then you clearly can't afford the car, and it might be best to let them take it - as this will, more than likely, happen again.

Johnnytwostep

Roisin1992 wrote: »

I do understand that & the answer is I probably should not have been allowed to take the loan in the first place. Life isn't perfect this is sadly the reality of it

the answer is more likely you should have taken personal responsibility and not taken the loan out. Unless they help your arm behind your back and said 'you must take this loan or else the dog gets it'.

CHR15

Roisin1992 wrote: »

I do understand that & the answer is I probably should not have been allowed to take the loan in the first place. Life isn't perfect this is sadly the reality of it

So it really is all their fault anyway?

Lioness_Twinkletoes

Roisin1992 wrote: »

I do understand that & the answer is I probably should not have been allowed to take the loan in the first place. Life isn't perfect this is sadly the reality of it

Doesn't sound like you are taking any responsibility here at all. Was it a log book loan?

Lungboy

Lioness_Twinkletoes wrote: »

Doesn't sound like you are taking any responsibility here at all. Was it a log book loan?

Sounds like it, as the car was originally their father's.

Roisin1992

Thank you SeanG79 for your constructive comments. I made the payment yesterday, have been able to have the repossession cancelled & negotiated a payment plan for the remainder of the 6 months. I have also started a part time job recently which will also help the alleviate some of the situation as with my general day to day bills & debt repayment commitments I have not had any cushion should anything go wrong such as now.

Johnnytwostep, CHRI5, Lioness Twinkletoes & Lung Boy thank you for your completely unnecessary comments. I don't think I ever said it was their fault, I think I was annoyed that they offered to help resolve the situation in the first place & didn't although have done so now ! I think I acknowledged that it was probably not the right decision at the time & I BOUGHT the car from my Father 2.5 years ago who had the car from new & it has a sentimental attachment ! I hope that clears up your confusion so that you don't have to put your own interpretation on my situation. I think I will probably think twice about asking for advice on here again !

SeanG79

Roisin, The rates that this company charge are extremely high, if at all possible, you need to prioritise getting this loan cleared ASAP, they advertise borrowing £850 repaid over 24 months with a total repayment of £2,890

I understand desperate times, and agreeing to any terms to get money, and am not judging but this is a loan you need to clear ASAP. Have you got any family that may be able to help settle this early for you and you repay them on the same weekly repayment terms, that would save you loads in interest