Volountry termination off vehicle finance

[Clive Mac]

I have vehicle finance through the funding corporation
of which I have paid off 50 percent of the loan
i thought I was entitled to vollountry termination
however have noticed in there paperwork they say this option is not available ? What are my rights the vehicle
is not worth any where near the balance and although we are all expected to read small print these are important notes that should have been pointed out
when signing as my safeguard was taken away and I am now struggling to pay the monthly payments

[ostell]

Re: Volountry termination off vehicle finance

They can't just take the facility away if it is applicable, it could be a type of loan where they don't have to offer VT. What type of load is it? It may be helpful to post up a scan of the paperwork.

[Clive Mac]

Re: Volountry termination off vehicle finance

They can't just take the facility away if it is applicable, it could be a type of loan where they don't have to offer VT. What type of load is it? It may be helpful to post up a scan of the paperwork.

Thank you for your reply it is a Credit Sales Agreement it says unlike a
Hire purchase agreement there are no VT rights so we are unable to hand the vehicle back due to the finance being secured on bill of sale ? I would of thought the VT would apply to
All credit ? Hope so can Can you advise it's much appreciated

Kind regards Clive mac

[ostell]

Re: Volountry termination off vehicle finance

I believe that as it's a Bill of Sale then you do not have VT rights. Let others come along to confirm, or otherwise.

[R0b]

Re: Volountry termination off vehicle finance

It would be helpful fi a copy of the agreement could be shown and then we can consider what options if any oyu might have.

[Clive Mac]

Re: Volountry termination off vehicle finance

It would be helpful fi a copy of the agreement could be shown and then we can consider what options if any oyu might have.

thanks for your reply hope there is another option as I need to hand vehicle back
as soon as possible without any future problems hope there is some one out there with the answer ? I understand we are responsible for reading the small print but important
notes like this should be made clear and under a heading WARNING ?

kind regards Clive mac

[Amethyst]

Re: Volountry termination off vehicle finance

If you have the agreement it would be best to post a copy up on here.

This post might shed a little bit of light for the moment http://www.legalbeagles.info/forums/...213#post379213

[Clive Mac]

Re: Volountry termination off vehicle finance

If you have the agreement it would be best to post a copy up on here.

This post might shed a little bit of light for the moment http://www.legalbeagles.info/forums/...213#post379213

Thanks for taking interest in my predicament as I am un familiar with scanning and up loading I will ask my son to sort ASAP and I would appreciate your time to view it
Kind regards Clive mac