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First plus ripoff

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  • shafted_fpc
    shafted_fpc Posts: 82 Forumite
    HI they know they are ripping people of and just dont care

    proof"The company has provided £8m(2007nil) for PPI claims that have been reffered to the FOS the procvision constitutes two elements (1) claims adjudicated against the company in the year and awaiting settlement and (2) firstplus estimation of claims lodged with the FOS in the year but as yet not adjudicated" BFP accounts p24

    now the second indicates that they know they are in the wrong when they tell people they were not mis sold, this cattogary shouldnt exist :mad:


    utter fraudsters
  • ILW
    ILW Posts: 18,333 Forumite
    Will no other lender offer you a better deal?
  • shafted_fpc
    shafted_fpc Posts: 82 Forumite
    ILW wrote: »
    Will no other lender offer you a better deal?

    you really dont get how bad these people are do you, they use the rule of 78 for settlement of loans thereby traping you in :mad:

    they mis sold PPI and argue it all the way to stop paying out.

    they lent into the market irresponsably so NO

    and to cap it all they then seek over the term of the loan to increase rates.

    not to mention there policy on getting possesssion orders
  • never-in-doubt
    never-in-doubt Posts: 20,613 Forumite
    Posted on behalf of shafted fpc

    http://petitions.number10.gov.uk/FirstPlusRates/
    :o 2010 - year of the troll :o

    Niddy - Over & Out :wave:
  • shafted_fpc
    shafted_fpc Posts: 82 Forumite
    never-in-doubt wrote: »
    Posted on behalf of shafted fpc

    http://petitions.number10.gov.uk/FirstPlusRates/
    I would like to thank never in doubt for this post, it is an e petition at no 10 to put pressure on the regulators to force not only Firstplus but other second charge lenders to reduce interest rates on their variable loans. I believe it would be in all consumers interest to sign this, we are all in this recession together, we are all bailing out the banks, yet they continue to charge high interest despite record low interest rates.
    This sector is by far the worst in the secured loan field, the effect is to penalize those that can least afford it, the effect is compounded by harsh action re possession claims that mean daily families buckle under the strain and breakup, daily people loss their homes, this involves social and future monetary cost for all of us and I urge everyone directly or indirectly to pull together here for the common good and take five minutes of your time to sign.
  • davidg007fpc2
    davidg007fpc2 Posts: 3 Newbie
    your right shafted he doesn't get it, i see fpc is down hope Angus well enough to sort....:(
  • shafted_fpc
    shafted_fpc Posts: 82 Forumite
    hellllloooo :confused:
    what you doing here mate this is a scythe free zone, says so at the top, no mention of a bar on gladies thou.
  • halifax71
    halifax71 Posts: 213 Forumite
    Bit worrying that FPC is down. The conspiracist in me thinks that Barclays have planted a virus :p

    Bit of news today, my adjudicator at the ombudsman service has said mt case has been referred to a specialist team. Not sure why, he wouldn't say, just said it was due to the nature of the complaint.

    Oh well maybe longer to wait but mayve this is a good thing as it might be being looked at alongside other similar complaints and hopefully the OFT are the FOS are actually talking to each other.

    Alongside the Super Complaint sent last week there maybe action soon.

    Copy of letter

    I write with reference to our earlier correspondence and to advise you that due to the nature of your complaint the file has now been passed to a specialist team for consideration.
    An adjudicator from that team will be in contact with you shortly to discuss your complaint.
    I apologies for any inconvenience this may cause.
  • davidg007fpc2
    davidg007fpc2 Posts: 3 Newbie
    shafted_fpc wrote: »
    hellllloooo :confused:
    what you doing here mate this is a scythe free zone, says so at the top, no mention of a bar on gladies thou.

    :rotfl:if thats the case better borrow some of your gladies:rotfl::wink:
  • davidg007fpc2
    davidg007fpc2 Posts: 3 Newbie
    dont worry to much halifax, Angus said it might go down while in hosi, he'll sort when he gets back:j
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