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I originally went to Car Credit UK in Chiswick in June 2004 with the view to look at getting a car but not to definately buy one. I took my 2 year daughter with me, believing that I would only be there for an hour tops. After looking at their limited range of cars, I did find one that I liked, but still did not want to sign anything there and then. The sales people there however had different ideas and wore me down, keeping me in their offices for around 4-5 hours which is horrendous with a young child. They made everything sound fantastic and that I was getting a great deal. I was tired and had had enough by the point that they even offered to drive me to the bank for a deposit if £75. To sum up that day, it was a blur and looking back, I do not at any point remember being informed that the total amount payable would be just over £8000, for a saxo! If I had known this there is definately no way that I would have been backed into a corner to purchase vehicle.
I was working part time and thought that the payments would be managable, but soon after I had to leave my job and I struggled to keep up any payment. In fact, I had only paid a small amount when this happened. The branch near where I live began to telephone me and send me letters and also made visits to my home. I felt extremely threatened by these people and being on my own found it hard to deal with as I was struggling with other debtors too. I received a default notice at the end of Sept 04 and after being pushed and pushed I went into my local branch and was told that the only way out was for me to sign a "Agreement modifying a hire-purchase agreement".
This lowered the payments by a little but was still not going to be visable and I tryed to make this point but there was no compromise. Having not worked in finance and being very scared of the consequences I signed. I did not manage to keep up these payments and I even wrote to WFS asking for them to end my hire purchase as I could not keep up payments, but this was never accepted or responded to, so eventually the branch agreed for me to pay £15 for a few months and then I was able to slowly increase this amount to £30 which I have religiously paid for the last few years and WFS have never stopped accepting this money. In 2010, I then started to receive letters showing capitilisation fees and hpdi fees being added on which was sending the amount I owed through the roof and when I questioned this I was informed that these should have always been added on and that they wanted more money. I sent them an I&E and then they continued to pester me requesting that I needed to pay more money and that if I didnt then they would repossess my car. In all honesty, I wish that they had because it has been a lot of trouble for me. They are constantly harrassing me and I do not know where to go from here as I know that I cannot afford the payments that they wish to receive from me and also that the debt will never be paid off as they keep adding on fees. I am a single mother with two children and although this is not an excuse, I cannot keep going on with this company hounding me.
Please help.
Read more at: Hello/Welcome Finance - Legal Beagles Consumer Forum
I was working part time and thought that the payments would be managable, but soon after I had to leave my job and I struggled to keep up any payment. In fact, I had only paid a small amount when this happened. The branch near where I live began to telephone me and send me letters and also made visits to my home. I felt extremely threatened by these people and being on my own found it hard to deal with as I was struggling with other debtors too. I received a default notice at the end of Sept 04 and after being pushed and pushed I went into my local branch and was told that the only way out was for me to sign a "Agreement modifying a hire-purchase agreement".
This lowered the payments by a little but was still not going to be visable and I tryed to make this point but there was no compromise. Having not worked in finance and being very scared of the consequences I signed. I did not manage to keep up these payments and I even wrote to WFS asking for them to end my hire purchase as I could not keep up payments, but this was never accepted or responded to, so eventually the branch agreed for me to pay £15 for a few months and then I was able to slowly increase this amount to £30 which I have religiously paid for the last few years and WFS have never stopped accepting this money. In 2010, I then started to receive letters showing capitilisation fees and hpdi fees being added on which was sending the amount I owed through the roof and when I questioned this I was informed that these should have always been added on and that they wanted more money. I sent them an I&E and then they continued to pester me requesting that I needed to pay more money and that if I didnt then they would repossess my car. In all honesty, I wish that they had because it has been a lot of trouble for me. They are constantly harrassing me and I do not know where to go from here as I know that I cannot afford the payments that they wish to receive from me and also that the debt will never be paid off as they keep adding on fees. I am a single mother with two children and although this is not an excuse, I cannot keep going on with this company hounding me.
Please help.
Read more at: Hello/Welcome Finance - Legal Beagles Consumer Forum
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