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Citi financial
groundhogday
Posts: 4 Newbie
in Loans
Hello!
Hoping someone can help please.
Twelve and a half years ago I took out a loan with Citifinancial. it was for £6.1k. (As I recall it was a loan rolled into another loan) with stupidly high payments of £238 a month, with only £89 a month coming off the balance and the rest being interest and PPI.
Ten years ago I left my partner and defaulted on the loan. I moved around a bit and when they caught up with me, the debt had been sold to Direct Legal Collections who were perusing me for £9k +. I disputed This, kept asking for statements to show me where the additional balance had come from etc. Anyway, they went quiet and sold the debt on. This time I was pursued for £8:3k, which I again disputed and did a CCA on. By now it was 2013.
They were able to provide me with a copy of the front page of the credit agreement but not a statement to show where the additional charges were from. I complained to Citi who confirmed that the balance I defaulted with when it was sold on was £5.6k. Anyway, I told the DCA this and they disappeared.
Forward now to 2016 and it's been sold again to Link Financial services. I'm a bit bored of it now. I've always maintained that I was happy to pay what I owe and that until they could tell me where the additional charges came from I wasn't paying a penny but it looks like I might have to start all over again.
So, I have 2 questions 1) what do I do now? Another CCA? 2) can I put in a claim for the PPI?
TIA
Hoping someone can help please.
Twelve and a half years ago I took out a loan with Citifinancial. it was for £6.1k. (As I recall it was a loan rolled into another loan) with stupidly high payments of £238 a month, with only £89 a month coming off the balance and the rest being interest and PPI.
Ten years ago I left my partner and defaulted on the loan. I moved around a bit and when they caught up with me, the debt had been sold to Direct Legal Collections who were perusing me for £9k +. I disputed This, kept asking for statements to show me where the additional balance had come from etc. Anyway, they went quiet and sold the debt on. This time I was pursued for £8:3k, which I again disputed and did a CCA on. By now it was 2013.
They were able to provide me with a copy of the front page of the credit agreement but not a statement to show where the additional charges were from. I complained to Citi who confirmed that the balance I defaulted with when it was sold on was £5.6k. Anyway, I told the DCA this and they disappeared.
Forward now to 2016 and it's been sold again to Link Financial services. I'm a bit bored of it now. I've always maintained that I was happy to pay what I owe and that until they could tell me where the additional charges came from I wasn't paying a penny but it looks like I might have to start all over again.
So, I have 2 questions 1) what do I do now? Another CCA? 2) can I put in a claim for the PPI?
TIA
0
Comments
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If you haven't paid anything or acknowledged the debt for six years (five in Scotland) then it may well be Statute Barred, unless there's a CCJ.I used to think that good grammar is important, but now I know that good wine is importanter.0
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