Elderbridge ex Firstplus interest rate hike

[EwanHusarmee]

removed

[Davet07]

I’ve based my spreadsheet on tracking FHBR, that’s approx 5% lower than the rate they have charged over the period

[EwanHusarmee]

removed

[Davet07]

So does this equate to 6% less than the rate you were on?

[EwanHusarmee]

Removed to be on the safe side

[Fred]

Suing them, this is pre court. They asked for a stay to settle/mediate

Sorry, missed that one, know the score now (FPC group).............

[Davet07]

Suing them, this is pre court. They asked for a stay to settle/mediate

[Fred]

Is this Re Barclays Firstplus and Elderbridge???
i am currently waiting an offer pre mediation

An offer ? private mediation ? FOS ?

[Davet07]

Is this Re Barclays Firstplus and Elderbridge???
i am currently waiting an offer pre mediation

[Fred]

Just had an offer through via the financial ombudsman which is in line with them refunding 6% of the interest I paid plus penalties. Woooo hoooo - drinks are on me

From Barclays ?

[EwanHusarmee]

Removed for cya reasons

[pt2537]

GOSH I hope it does go to court Elderbridge do not imo play by rules . My case was GE to Elderbridge .. but same ethos but they know you don't have funding to take to court and wait years on FOS response ... lets hope something gets moving it took media to destroy wonga yet still lots of similar companies trading yet a company mistepresenting rates charges ignoring complaints .. refusing payments turns out thy miscalculated n charge nothing no apology no refunds .. carte blanche apoarently .. so please update this post.. court result or out of court admission surely have reprocussion for us all?

Unlikely, County Court decisions arent binding, ive had a case widely reported called swift v daley, that was on unfair terms and still even today swift argue that its wrong and not binding etc

[redstar]

And thats a company dealing with our homes beyond belief

[redstar]

GOSH I hope it does go to court Elderbridge do not imo play by rules . My case was GE to Elderbridge .. but same ethos but they know you don't have funding to take to court and wait years on FOS response ... lets hope something gets moving it took media to destroy wonga yet still lots of similar companies trading yet a company mistepresenting rates charges ignoring complaints .. refusing payments turns out thy miscalculated n charge nothing no apology no refunds .. carte blanche apoarently .. so please update this post.. court result or out of court admission surely have reprocussion for us all?

[pt2537]

Aidan Reay

Are they good?

Martin Budworth is excellent, i worked with him on the test case of Harrison v Link Financial, and also Mal'ouf v MBNA, he is a very very very good advocate, Adrian is not someone ive heard of, which is surprising given my connections with the north, the guys i would have expected you to have been using were Dr Nathan Smith or Martin Budworth, those are the two well known CCA guys there.

They also have Kelly Pennifer, she is good, i worked with her in the Court of Appeal case of Kotecha, all links to those cases are in my signature