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Hi there,
my father bought a vehicle on the following date: 26.11.2019 (hire purchase) from peter vardy. In less than a month time the vehicle was written off by the insurance company because of a road accident.
The insurance paid off almost the full value of the car to the finance company but apparently I still owe 'Creations' (finance company) interest of little over £4800. My question is if there is any way to negotiate not repaying the interset on the car finance loan due to having the car for only a short time (less than a month) and the settlement of the car loan was repaid.
Thank you!
Kind regards,
A. Totev
my father bought a vehicle on the following date: 26.11.2019 (hire purchase) from peter vardy. In less than a month time the vehicle was written off by the insurance company because of a road accident.
The insurance paid off almost the full value of the car to the finance company but apparently I still owe 'Creations' (finance company) interest of little over £4800. My question is if there is any way to negotiate not repaying the interset on the car finance loan due to having the car for only a short time (less than a month) and the settlement of the car loan was repaid.
Thank you!
Kind regards,
A. Totev
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