Hire Purchase Nightmare 50% of interest paid over 5 years.

Scottrobson

:mad: :mad: Hire Purchase. Nightmare 50% i paid back over 5 years.
I was going to complaim about my Hire Purchase Agreement, i got it through to check to see if i had been charged PPI just to be sure and i read the finanace agreement with Black horse (Chartered Trust) the car cost me £6969.00 and the term of the interest cost me £3226.00 which equals £10095.00 for a Fiat Punto R-Reg Nightmare !!!!! on the agreement it was a 15.7% APR What a fool i was and how nieve i was i Just worked out that i nearly paid 50% on interest on the loan over the course of the 5 years. :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad:

Butlers1982

I was going to complaim about my Hire Purchase Agreement

I hope your not going to know as you have signed for it and the agreement would have been given to your right at the start before you to read it! I hope you have learnt that you need to read the whole illustration of a finance agreement