DCA Just sent a copy of t & c's for CCA request? Thoughts please!

[Angry Cat]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

http://avcoalumni.com/Files/Avco%20-...%20History.pdf

[Angry Cat]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

Attached is the white copy of the T & C'S Robbersway sent to her and also attached is the pink copy of the T & C'S from one of the previous loans she had with Avco Trust the year before the one in question which she found as I mentioned earlier.


Seems to me bits missing, also mentions Citi Financial in 9.General on white copy they sent, when the OC was Avco Trust! whom I think either Citi took them over or they were part of Citi Financial as I don't think Avco Trust offices exist any more.

What do the professionals think!

I think Robbersway are very naughty indeed!

[The Tinkerman]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

So what does the upshot of all this mean, I'm intrigued now ?

[Amethyst]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

That the terms they sent you cant be the ones you signed in 1996 as Citi didnt have anything to do with avco in 1996 ?

[The Tinkerman]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

Hi Amethyst read the Judgement

or should I be honest and say skipped through it, That is why your the Sorcerer and I am the apprentice, it was just the bit about what I read on different sites referring to this case that the Judge ordered the company either to repay Mrs Thorius's PPI premiums and interest, or the value of the commissions it had received which so far has been undisclosed."that's what threw me, but as far as I can see it dose not mention anything about this on the actual Judgement you posted my apologies.

As regards the T & C'S didn't think it mattered whether they were the right ones or not these days after the Carey case and the one Optima Legal were involved in, or am I missing something yet again.

[Angry Cat]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

A little more information:
http://www.fundinguniverse.com/compa...y-History.html

Going into the mid-1990s, Avco was one of the largest consumer finance companies in the United States. It was primarily engaged in providing relatively high-interest rate loans of usually short duration for purchases of cars, consumer goods, and real estate. Avco boosted sales and net income by about 2.8 percent and 14 percent, respectively, in 1994. By that time, the company was employing more than 7,000 workers in 1,200 offices, about 750 of which were located in the United States. International operations included Canada (215 branch offices), Australia (122), the United Kingdom (92), New Zealand (10), and Spain (4). In February of 1994, Avco opened an office in Hong Kong, reflecting the management's intent to penetrate the burgeoning Pacific Rim market for consumer finance services. Avco's long-term prospects were positive given projected growth rates for the financial services industry, Avco's market diversity, and the company's healthy balance sheet in comparison to industry averages.
Principal Subsidiaries: Avco Financial Services Group; Avco Insurance Services Group.

[Angry Cat]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

Hi Amethyst read the Judgement

or should I be honest and say skipped through it, That is why your the Sorcerer and I am the apprentice, it was just the bit about what I read on different sites referring to this case that the Judge ordered the company either to repay Mrs Thorius's PPI premiums and interest, or the value of the commissions it had received which so far has been undisclosed."that's what threw me, but as far as I can see it dose not mention anything about this on the actual Judgement you posted my apologies.

As regards the T & C'S didn't think it mattered whether they were the right ones or not these days after the Carey case and the one Optima Legal were involved in, or am I missing something yet again.

The Unfair Relationships Test
http://news.roslingking.com/?p=363

With regards to the T&C's provided;
it actually does matter!

[The Tinkerman]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

So does that mean robbersway are stuffed,but the PPI route is still the best way to go.

Only prob I can see then if as Amethyst pointed out earlier (assuming the damn regulators don't let the banks get complaints handling waivers with this Judicial Review going on)

Then she will be stuffed, am I right here.

[Angry Cat]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

Robbers Way, are chancers...

Re: the 'Thorius' case:
The Judge also took a dim view of the “secret commission” that **** had received from the PPI insurer.

[The Tinkerman]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

So what do you reckon now that all then cards are on the table, does she stop payments and wait for their next move taking into account what Wendy B said "if she stops paying they will no doubt take her to court so that would be like opening the door to the courtroom and asking to be let in".

Or does she carry on making the payments and go for the PPI.

[WendyB]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

My opinion, for what it's worth. would be to carry on making the payments and go for the PPI. Wasn't that the plan in the first place, to see if the PPI could be reclaimed and possibly used to settle and/or reduce the balance?

[Amethyst]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

Tinks, before going full throttle on any one course of action based on what you have read on forums, it is always best to read the original source of the information. Especially in the CCA areas as there is a heck of a lot of misinformation out there.

(and I agree with wendy)

[Bill-K]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

As I think you know, I'm all for going the PPI route, so I agree with Wendy. We may be able to get a ball-park figure of what the PPI route might yield, if we put what we know into a spreadsheet. If that is enough to clear the debt, then you will:

1. Clear the debt COMPLETELY - and by that, I mean that they cannot keep chasing you for payment and put markers on your credit record, which they may try and do if you just get unenforceability.

2. Clear the debt PERMANENTLY - as opposed to the temporary nature of unenforceability.

3. Receive a cheque for any amount over and above that which is needed to clear the debt. Remember that you will be able to claim 8% interest on ALL PPI paid to date.

[Angry Cat]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

No doubt, the historical information provided re: 'the firm' will be of benefit.

[Bill-K]

Re: DCA Just sent a copy of t & c's for CCA request? Thoughts please!

Yeah, well done for that, AC. It helps to know EXACTLY who we're dealing with - and what's in their cupboard !!!