been ripped off log book loans

Collapse
X
Collapse
 
  • Page of 3
  • Time
  • Show
Clear All
new posts
Previous 1 2 3 template Next
  • bei0759
    Member
    • Mar 2010
    • 73
    #31
    sorry for u guy~~

      Comment

      • SimonEccles
        Newbie
        • Mar 2012
        • 2
        #32
        Sadly these kind of logbook loans wont be outlawed anytime soon!

          Comment

          • rds60h
            DK Veteran
            • Nov 2008
            • 622
            #33
            Just bought this car off another Man Utd fan so I fully trusted him, but now I am getting letters from this log book loan company!!!!!!
            Anyone know what I should do ?

              Comment

              • super jumbe
                V.I.P. Member
                • Dec 2008
                • 11610
                #34
                Tell them you paid through credit card company, you got nothing to lose becouse the car is stollen??..

                Tools owned: Hammer, Chisel, Crowbar, Punch, Chainsaw, Cutter and Brain!!!

                Did you know People will question all the good things they hear about you but believe all the bad without a second thought.

                Note:
                All information given is to be used for educational purposes only and should not be taken seriously.

                  Comment

                  • GastonJ
                    V.I.P. Member
                    • Dec 2009
                    • 5505
                    #35
                    I thought that the FSA had withdrawn their license (Logbook Loans that is) ??? I thought I'd read it somewhere 2 weeks back. Have a surf on Google, because I may be wrong. May have been the OFT who revoked their licenses.

                    hate linking, but all I can find in a hurry is

                    'Logbook loans' to be outlawed
                    http://www.guardian.co.uk/money/2009/dec/22/logbook-loans-outlawed
                    Government announces consultation into controversial loans which offer cash in return for a borrower signing over their car's logbook


                    and this

                    410 - Page Archived
                    http://oft.gov.uk/news-and-updates/press/2011/125-11
                    Last edited by GastonJ; 21 March, 2012, 21:57.
                    My master plan is to live forever..... going to plan so far
                    Despite the cost of living, it's still very popular.
                    No good deed goes unpunished....

                      Comment

                      • flyingpig
                        DK Veteran
                        • Aug 2009
                        • 930
                        #36
                        Have a chat with them, but if you are not the owner I would go and park the bleeding thing on the most expensive car park and leave it there, Then they can recover the money off the owner.,.,!!

                          Comment

                          • SimonEccles
                            Newbie
                            • Mar 2012
                            • 2
                            #37
                            Good luck. I had the same issue and a company called Logbook Loans 2 go had finance out on the car and sent me letters

                              Comment

                              • rds60h
                                DK Veteran
                                • Nov 2008
                                • 622
                                #38
                                Originally posted by rds60h
                                Just bought this car off another Man Utd fan so I fully trusted him, but now I am getting letters from this log book loan company!!!!!!
                                Anyone know what I should do ?
                                Sorry Lads, but this post was meant as a joke. The whole of the thread needs to be read to understand it.

                                I am sure that GastonJ is right that these loans have been outlawed and so cannot be enforced.

                                  Comment

                                  • donovan2123
                                    Top Poster
                                    • Jan 2010
                                    • 100
                                    #39
                                    I'm guessing they have original log book and you have a replacement ordered by seller saying he lost his old one?

                                      Comment

                                      Previous 1 2 3 template Next
                                      Working...