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Credit hire company
Hi I was involved in a no fault accident I was put onto nationwide credit hire company I got a payout and they also paid me salvage value of my car my car was on finance I was nearly into a year of the finance agreement we used the money to purchase another car and are carrying on with the finance now the credit company have threatened me with court action saying they have payed me the money and my car is still showing up as financed and they want it taken off surely this has nothing to do with them it’s not as if I’ve spent the money don’t know what to do
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Comments
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Your car was on finance when it was written off? The money should have gone to the finance company to clear / pay towards the debt. You can't just take the money and spend it on a different car.
Which credit company have threatened you? The credit hire company? the car finance company? Or someone else?Mortgage started 2020, aiming to clear it in 2026.0
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