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firstplus NO ANNUAL STATEMENTS on my 2004 secured loan

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  • firstplus NO ANNUAL STATEMENTS on my 2004 secured loan

    HI,
    When I was last here , There was "talk" of the new cca making it mandatory for secured loan providers to issue annual staements .

    I believe the implementation was staggered ,depending on size and type of loan, but I think that has long passed.

    My loan was taken out late 2004 for approx 26000.


    Should firstplus have sent me annual statement by now ? If so from what year shouls the statements commenced?

    I believe that a failure to comply with the issue of these annual statements, has implications and that may be that they should not be charging interest on the period they fail to supply statements for?

    Any information ,pointers to relevant sources or examples would be appreciated. thanks Russ
    Tags: None

  • #2
    Re: firstplus NO ANNUAL STATEMENTS on my 2004 secured loan

    http://www.legislation.gov.uk/ukpga/1974/39/section/77A

    M1

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    • #3
      Re: firstplus NO ANNUAL STATEMENTS on my 2004 secured loan

      I've never got a statement either.

      Comment


      • #4
        Re: firstplus NO ANNUAL STATEMENTS on my 2004 secured loan

        Just to add, we have not had a statement since Dec 2010!

        Comment


        • #5
          Re: firstplus NO ANNUAL STATEMENTS on my 2004 secured loan

          Hi Surfer

          I think you've posted on the wrong thread - should be here? http://www.legalbeagles.info/forums/...-loan-question
          CAVEAT LECTOR

          This is only my opinion - "Opinions are made to be changed --or how is truth to be got at?" (Byron)

          You and I do not see things as they are. We see things as we are.
          Cohen, Herb


          There is danger when a man throws his tongue into high gear before he
          gets his brain a-going.
          Phelps, C. C.


          "They couldn't hit an elephant at this distance!"
          The last words of John Sedgwick

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          • #6
            Re: firstplus NO ANNUAL STATEMENTS on my 2004 secured loan

            Originally posted by charitynjw View Post
            Hi Surfer

            I think you've posted on the wrong thread - should be here? http://www.legalbeagles.info/forums/...-loan-question
            Nope it is the correct thread as I have had no statements since 2010 which corresponds with the thread heading. Different to my other issue.

            Comment

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