Car Repossed,,upfront interest

[tonypully]

Dear All,,
Unfortunately I had a car repo'd in 2007 and have been paying Monthly ever since...the debt was re-assigned with Marlin...

They are still charging the interest terms under the original agreement which I know i signed but as the car was repo''d and a bacs amount was received from Auction,,,,,,,All the interest was charged up front is this still Legal.....I do have a deed of assignment.......
Many thanks
Tony

[miliitant]

Re: Car Repossed,,upfront interest

tell me this was not a yes car agreement as you mentioned marlin

yes car agreements are totally unenforceable once you put up a fight

i should know, i have done it

do you have a copy of the agreement

[tonypully]

Re: Car Repossed,,upfront interest

Hi Jack,

It was actually a carland agreement,,,,,,who were then changed name to yes or something like that!! and I do have a copy of agreement but can only scan from home.......If you want me to I will send you a copy?? is there another email address or can you just upload to this site??
Many thanks
Tony

[miliitant]

Re: Car Repossed,,upfront interest

just tell me one thing

was the deposit or any part of the trade in used to pay part of the insurance crap, PPI ETC,ETC

and not used to actually come off the vehicle price

[tonypully]

Re: Car Repossed,,upfront interest

I am going to sound really thick, but cant really understand agreement! so not sure......
But the costs read.
total Cash price ....£5,899.00
Finance deposit £200
Amount financed £5,699.00
Total charge credit £2527.00

made up of:
Finance charges £2,279.60
Credit facility £99.00
Title discharge fee £149.00

Total £8,426.60.
Hope this helps,,what is bugging me! if I no longer have car why am I paying all this interest.
Thanks Tony

[miliitant]

Re: Car Repossed,,upfront interest

i am going to have to see the agreement

scan the agreement into your computer,

then google a program called photo bucket

you can use this program to upload the picture onto your thread

just ignore the adds

[tonypully]

Re: Car Repossed,,upfront interest

On way home now,,will have to do scan from home.....unfortunately I will be away tomorrow for a week back in office on the 14th ....will send to you then......many thanks for your help....hope you can help me then?
Tony

[tonypully]

Re: Car Repossed,,upfront interest

Hi Jack, Hope all is well. In reply to our previous conversations ,,,,,,,,I have downloaded photo bucket and tried to upload but has taken 45minutes so far is this normal......tony

[miliitant]

Re: Car Repossed,,upfront interest

you are doing something wrong

if you want i will pm my email address so you can send it to me as an email atachment and i will upload it but please remove

name,address and any account numbers

[tonypully]

Re: Car Repossed,,upfront interest

Yes no problems whatever is easier for you!!

[miliitant]

Re: Car Repossed,,upfront interest

pm sent

[miliitant]

Re: Car Repossed,,upfront interest



sorry

i posted in the wrong thread

this is the best i can do, wait for comments:tinysmile_hmm_t2: