Elderbridge/Firstplus

[RShaw]

I was reading some old message, on here, about these companies and I have similar issues.
When remortgaging in 2007, I asked to take £10,000 more than needed to pay off my ex-husband, thinking this would be added onto the mortgage.
It wasn't, I was given a secured loan with Firstplus. I wasn't aware this was the case until the following year when I got my life back on track and began looking into my finances.
I have been paying Firstplus, initially, and now Elderbridge over £100 a month since 2007. I still owe over £7000 and have another 7 years to pay.
I cannot see how this is right. Can you give me some advice please

[echat11]

Hi RSHAW

Hopefully an expert will look in on your thread. You will need to be patient (busy at the moment).

pt2537

[pt2537]

I was reading some old message, on here, about these companies and I have similar issues.
When remortgaging in 2007, I asked to take £10,000 more than needed to pay off my ex-husband, thinking this would be added onto the mortgage.
It wasn't, I was given a secured loan with Firstplus. I wasn't aware this was the case until the following year when I got my life back on track and began looking into my finances.
I have been paying Firstplus, initially, and now Elderbridge over £100 a month since 2007. I still owe over £7000 and have another 7 years to pay.
I cannot see how this is right. Can you give me some advice please

Hi there

I have some experience of dealing with this firm, here is a link to a case i did against Blemain finance, the issues are largely the same and the legal challenges are also broadly the same between the two companies. https://www.theguardian.com/money/20...ng-over-100000