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Missold car finance?

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Comments

  • bazzyb
    bazzyb Posts: 1,586 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Ectophile wrote: »
    How can they claim it's an unsecured loan, then put a marker against the car? Either the loan is secured on the car or it isn't.

    Agreed - but Barclays add a marker and say they hold an interest in the vehicle even though it is not secured. Makes no sense, but it's common practice for some reason.
  • neilmcl
    neilmcl Posts: 19,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Ectophile wrote: »
    How can they claim it's an unsecured loan, then put a marker against the car? Either the loan is secured on the car or it isn't.
    As mentioned, it's common practice.
  • Hi. Just wondered if you had any update on this? I am going through the exact same situation at the moment with Nissan and Barclays. I have spoken to Barclays who are sending me out the credit agreement (which I dont beleive I have signed). Thanks.
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