SkyeLoans

[Rosalina]

BlackHorse sold our secured loan to Skye Loans in 2015,We are paying £230 a month they have interest rate of 9.1% and say we have arrears on our account.These arrears are caused by some missed payments since 2015,but its mainly the interest that they have added.The amount that was transferred from blackhorse is all wrong.Skye Loans are now trying to get more money out of us each month to clear these arrears off.We want remortgage our house to try and pay skye loans what we owe them and for home improvements,we cant because of Skye Loans on our credit report is blocking any application we make to remortgage.The rest of our credit file is fine.IM at my wits end with them.

[Guest]

I am not positive on this but my understanding is when the debt is sold, and you receive the letter of default, (signed for or proof of posting) the interest stops, I guess I am wrong but worth looking into.

[Rosalina]

No interest is still been charged