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Barclys partner finance strong armed me in to a loan
Richie2128
Posts: 9 Forumite
in Loans
Hi all.
Some years ago around 2009 I took out a loan with barclys partner finance of 6k for a construction course. At the time I was not made aware of the fact that the loan would cost over 12k to repay. I don't evenue know if the guy I signed up with worked for barclys partner or the training provider. I plan on seeing if there is any ppi owed. Is there any one else out there that knows of other ways to claw back money on this type of account
Some years ago around 2009 I took out a loan with barclys partner finance of 6k for a construction course. At the time I was not made aware of the fact that the loan would cost over 12k to repay. I don't evenue know if the guy I signed up with worked for barclys partner or the training provider. I plan on seeing if there is any ppi owed. Is there any one else out there that knows of other ways to claw back money on this type of account
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Comments
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Even though it was printed on the loan agreement that you signed?Richie2128 wrote: »Hi all.
Some years ago around 2009 I took out a loan with barclys partner finance of 6k for a construction course. At the time I was not made aware of the fact that the loan would cost over 12k to repay.0 -
Richie2128 wrote: »Hi all.
Some years ago around 2009 I took out a loan with barclys partner finance of 6k for a construction course. At the time I was not made aware of the fact that the loan would cost over 12k to repay. I don't evenue know if the guy I signed up with worked for barclys partner or the training provider. I plan on seeing if there is any ppi owed. Is there any one else out there that knows of other ways to claw back money on this type of account
Wait until you take out a mortgage, then you'll really start moaning about how the amount paid back isn't fair (in your opinion)0 -
PPI is never "owed", you establish if you had it then complain and see if they agree - if it was included in the loan (called single premium) you might have some success, if it was a separate monthly charge it's not as likely
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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