Ripped Off

[sandra.eeyore@lycos.co.uk]

anyone else as dull as me ? being ripped off big time by yes ar credit and as far as I can see I can't do jack **** about it. If I don't pay them and let them take the ffing thing back I still have to pay for it anyone got any ideas? :mad:

[Cookie]

anyone else as dull as me ? being ripped off big time by yes ar credit and as far as I can see I can't do jack **** about it. If I don't pay them and let them take the ffing thing back I still have to pay for it anyone got any ideas? :mad:


Your not the only one - I saw this programe last year - frightening!
http://www.bbc.co.uk/pressoffice/pressreleases/stories/2005/03_march/14/finance.shtml

[johnr]

anyone else as dull as me ? being ripped off big time by yes ar credit and as far as I can see I can't do jack **** about it. If I don't pay them and let them take the ffing thing back I still have to pay for it anyone got any ideas? :mad:

sorry, no idea what you are talking about! would help if you were even remotely specific, i.e. what you got, what went wrong, who the card was issued by, how much, where you bought stuff from etc, but posting"i got stitched by my credit card company cos they wont help me, anyone got any ideas" isnt exactly concise is it!!

personally, i dont have a credit card, never have had, never will have. what i want i buy with real money. if i cant afford real money to pay for something, then i cant afford it, so i dont buy it. simple really, and its done me, and every generation of everyones family forever, except the current ones,no harm as a way of living.

[sandra.eeyore@lycos.co.uk]

Your not the only one - I saw this programe last year - frightening!
http://www.bbc.co.uk/pressoffice/pressreleases/stories/2005/03_march/14/finance.shtml
unfortunately I didn't see that programme or I would never have bought a car from them in August and it was them who kept putting the pressure on to buy from them coz they knew we couldn't get credit anywhere else

[sandra.eeyore@lycos.co.uk]

sorry, no idea what you are talking about! would help if you were even remotely specific, i.e. what you got, what went wrong, who the card was issued by, how much, where you bought stuff from etc, but posting"i got stitched by my credit card company cos they wont help me, anyone got any ideas" isnt exactly concise is it!!

personally, i dont have a credit card, never have had, never will have. what i want i buy with real money. if i cant afford real money to pay for something, then i cant afford it, so i dont buy it. simple really, and its done me, and every generation of everyones family forever, except the current ones,no harm as a way of living.
YES CAR CREDIT

[sandra.eeyore@lycos.co.uk]

sorry, no idea what you are talking about! would help if you were even remotely specific, i.e. what you got, what went wrong, who the card was issued by, how much, where you bought stuff from etc, but posting"i got stitched by my credit card company cos they wont help me, anyone got any ideas" isnt exactly concise is it!!

personally, i dont have a credit card, never have had, never will have. what i want i buy with real money. if i cant afford real money to pay for something, then i cant afford it, so i dont buy it. simple really, and its done me, and every generation of everyones family forever, except the current ones,no harm as a way of living.
you obviously didn,t read the thread properly

[tease]

reading something properly? like a contract maybe?

[Jonnyfp2]

I read the press release, it does'nt look like that would've helped. :(

[johnr]

opps, sorry, thats what comes of talking on the phone, reading some work stuff, posting here, and talking to someone else at the same time, ive crossed my wires, sorry,
yes, yes car credit are fucking rogues, my mate got stitched by em too, nothing he could do, twats that they are. i wouldnt tougch em with a ****ty stick. but again, borrowing money from anywhere for anything is always risky.
they make a killing by buying shedloads of ex lease cars at auction, and then tarting em up, then inflating the price some more, then selling you the credit to buy the car from them and making credit card levels of interest on top, so a £1000 car that they sell you for £2000, they then charge you another £1000 interest on top for the privelege.

[sandra.eeyore@lycos.co.uk]

reading something properly? like a contract maybe?
yes I know but thy just baffle you with everything when you are there and make everything sound so straightforward. It's my own fault I know, but at the time it was needs must.

[minxy]

Backed by Provident? Say no more.

Try Citizens Advice?

[Maggie B]

Yes
Minxy has good idea

Go to CAB.
talk to them about the problem. They may be able to negotiate a repayment deal that you can afford
The only other option is taking them to court, but you are probably well stiched up by Yes Car, and it would cost you too much money you already do not have to fight them

If you do go to CAB, be prepared to take all details of your income & outgoings as they need to see that to see how little money you have to set a repayment figure

[sandra.eeyore@lycos.co.uk]

Yes
Minxy has good idea

Go to CAB.
talk to them about the problem. They may be able to negotiate a repayment deal that you can afford
The only other option is taking them to court, but you are probably well stiched up by Yes Car, and it would cost you too much money you already do not have to fight them

If you do go to CAB, be prepared to take all details of your income & outgoings as they need to see that to see how little money you have to set a repayment figure
I have just contacted watchdog to see if they can give me some advice. I went to the cab office and they were a bit vague

[sandra.eeyore@lycos.co.uk]

Yes
Minxy has good idea

Go to CAB.
talk to them about the problem. They may be able to negotiate a repayment deal that you can afford
The only other option is taking them to court, but you are probably well stiched up by Yes Car, and it would cost you too much money you already do not have to fight them

If you do go to CAB, be prepared to take all details of your income & outgoings as they need to see that to see how little money you have to set a repayment figure
We did that but another part of the company have decided that we are not paying enough and didn't contact us to tell us but slapped a default notice on us even though we have been paying extra every month

[bill?]

just an idea, but when we have had any money probs we have gone down to the bank that has our account, made an appoinment and talk to one of their advisors. if there's no 'pay back early' penalty your bank might suggest a proper loan from them to pay off these shysters, and you more than likely pay less interest with a bank loan.
like I said just a thought, but it has worked for me in the past. :D

[Santa]

anyone else as dull as me ? being ripped off big time by yes ar credit


Please don't criticise someone for 'not reading the post properly' when you haven't typed it properly. I doubt anybody knew what you were talking about until a few posts further down you typed the name of the company concerned properly! :)

[slob]

set fire to the car and claim on the insurance.. credit paid in full and you free of contract... but that is illegal so don't do it ... obviously :D

[sandra.eeyore@lycos.co.uk]

set fire to the car and claim on the insurance.. credit paid in full and you free of contract... but that is illegal so don't do it ... obviously :D
thought about that but decided against it :)

[sandra.eeyore@lycos.co.uk]

Please don't criticise someone for 'not reading the post properly' when you haven't typed it properly. I doubt anybody knew what you were talking about until a few posts further down you typed the name of the company concerned properly! :)
I didn't criticise anyone

[addjunkie]

Sorry to hear about your troubles, i think it is despicable that many companies make inflated profits, profititeering from people who can bearly afford it.

as it sounds as though cash flow is a bit stretched, give these folks a try, they are a charity, not one of these consolidate your debts but sell us you soul companies.........

good free impartial advice.

http://www.cccs.co.uk/

[sandra.eeyore@lycos.co.uk]

Sorry to hear about your troubles, i think it is despicable that many companies make inflated profits, profititeering from people who can bearly afford it.

as it sounds as though cash flow is a bit stretched, give these folks a try, they are a charity, not one of these consolidate your debts but sell us you soul companies.........

good free impartial advice.

http://www.cccs.co.uk/
thank you just had a look and I am going to give them a ring it has to be worth a try thanks again

[Doro]

set fire to the car and claim on the insurance.. credit paid in full and you free of contract... but that is illegal so don't do it ... obviously :D
does that work?

or does the insurance only pay out the value of the car (their estimator's valuation) minus excess etc and you still have to pay the leftover finance back



this happened to someone I knew, who aged about 19 went and got finance for a brand new DT125 (in 1983) and it was stolen 7 days later. The finance + interest was costing almost twice the purchase price so he tried to cancel the finance. They said he couldn't (they were wrong as he'd been given a 10 day cancellation thingy). They lied. The insurance company paid up but he was still paying the finance company off 5 years later with no effing bike :mad:

there's more to thieving that you think

[sandra.eeyore@lycos.co.uk]

does that work?

or does the insurance only pay out the value of the car (their estimator's valuation) minus excess etc and you still have to pay the leftover finance back



this happened to someone I knew, who aged about 19 went and got finance for a brand new DT125 (in 1983) and it was stolen 7 days later. The finance + interest was costing almost twice the purchase price so he tried to cancel the finance. They said he couldn't (they were wrong as he'd been given a 10 day cancellation thingy). They lied. The insurance company paid up but he was still paying the finance company off 5 years later with no effing bike :mad:

there's more to thieving that you thinkmy luck I'd get caught anyway and be worse off than I already am

[minxy]

Usually take out GAP insurance on a financed car / motorbike just in case the payout falls short of the credit ;)

[purplerabbit]

be wary of the debt help type people - they cant help you if you own your own home and have equity - i have heard excellent reports about CCS, however that was their response to a homw owner


Samx

[slob]

does that work?

or does the insurance only pay out the value of the car (their estimator's valuation) minus excess etc and you still have to pay the leftover finance back



this happened to someone I knew, who aged about 19 went and got finance for a brand new DT125 (in 1983) and it was stolen 7 days later. The finance + interest was costing almost twice the purchase price so he tried to cancel the finance. They said he couldn't (they were wrong as he'd been given a 10 day cancellation thingy). They lied. The insurance company paid up but he was still paying the finance company off 5 years later with no effing bike :mad:

there's more to thieving that you think


I was jjoking but I suspect you are right.

[johnr]

some guy on radio four last year or so had problems with a car from one of these expensive credit car companys, and they wouldnt talk to him, so he printed up a brief resume of the case, and every sat and sun for a month stood outside their shop handing out the leaflets and talking to potential customers about his case. sales at the branch dropped(weekends are the busyest times apparently), and they suddenly realised that he had a legitimate complaint and he got his money back for some strange reason!!!

[Cookie]

some guy on radio four last year or so had problems with a car from one of these expensive credit car companys, and they wouldnt talk to him, so he printed up a brief resume of the case, and every sat and sun for a month stood outside their shop handing out the leaflets and talking to potential customers about his case. sales at the branch dropped(weekends are the busyest times apparently), and they suddenly realised that he had a legitimate complaint and he got his money back for some strange reason!!!

If you try this make sure that you are totally factual in the leaflet - that way they wont be able to do you for liable.

[forgotmepassword]

Please don't criticise someone for 'not reading the post properly' when you haven't typed it properly. I doubt anybody knew what you were talking about until a few posts further down you typed the name of the company concerned properly! :)
Ahh now it all makes sense. Yes car. Not yes ar. Thoufgt i was loseing the plot then. :p

[vixxe1]

If you are making reasonable efforts to pay the finance back, they cannot foreclose on your debt. My Brother had problems with a credit card company who threatened to take him to court, but after talking to a friend in the legal profession, he agreed to pay a small amount per month and got the interest frozen.

You have to be prepared to make ALL your finances avaialble which can be a pretty nasty pill to swallow, but it is possible. Talk to these CCS folks, they can work wonders!

[PILRCGeff]

they knew we couldn't get credit anywhere else

Anyone who is prepared to lend money to someone who cant get credit elsewhere is going to be dodgy. If you need a loan, the bank is usually the best place to get it, unless you can get interest free credit on your purchase. If the bank wont lend you the money, thats usually a good hint that you cant afford the loan.

General rule in life, if it seems too good to be true, it usually is! Credit consolidators, car sellers and anyone else who says, "if youve been turned down by everyone else come to us" should always be regarded with suspicion.