after spring cleaning the bank account , i found a monthly payment (£75) to Intrum Justitia (credit managment services). My husband had no idea what this was , so i investigated.
the debt was transferred to them from Mercantile Credit .
£7817.30
paid £5698.00
balancd outstanding as now £2119.30
As far as i can see the original loan is
cash loan A premium loan B totals A+B
ammount of loan £7.700.00 £1.537.54 = £ 9.237.54
add :interest (APR 15.9 %) £3.272.80 £653.66 = £3.926.46
total ammount payable £ 10.972.80 £2.191.20 = 13.164.00
any advice.???
this loan is dated 06-02-1997!!! we are still paying it!!!
the debt was transferred to them from Mercantile Credit .
£7817.30
paid £5698.00
balancd outstanding as now £2119.30
As far as i can see the original loan is
cash loan A premium loan B totals A+B
ammount of loan £7.700.00 £1.537.54 = £ 9.237.54
add :interest (APR 15.9 %) £3.272.80 £653.66 = £3.926.46
total ammount payable £ 10.972.80 £2.191.20 = 13.164.00
any advice.???
this loan is dated 06-02-1997!!! we are still paying it!!!
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