I bought some furniture on 2 years 0%. There are still 4 monthly payments of £26 to go. I have recently changed my bank account and forgot aboout this direct debit as it comes out near the end of the month whereas all the others come out at the begining.So the D/D failed and the bank have written to me and charged their usual £39 but the company have written to me as well and have added £25 on to the outstanding balance for "the cost of the letter" ( this is in addition to demanding a cheque to cover the missed payment ) Can they legally do this or should they send a default notice or simlar first?
2007-05-30 03:04:46 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I suggest you send the Finance Co. a cheque for £104 "In Full and Final Settlement".
ALSO - start getting back ALL your Bank Changes for the last 6 years .. (even accounts you have closed)
2007-05-30 04:15:32 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
definite, in as far as you haven't any longer any settlement with them (i.e. you're no longer a shopper) and you furnish to assist them in carrying out their organization with some-one else = to illustrate, they save sending you demands in some-one else's call to your handle and you respond offering to technique their letters & music that persons easily handle etc. for a value. otherwise no, simply by fact the expenditures they are charging would be coated in the settlement you made with them once you opened the account etc.
2016-10-09 03:16:55 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Can you legally charge them for wasting your time?
2007-05-30 03:13:56 · answer #3 · answered by James 6 · 0⤊ 0⤋
check the samll print, it will be in their credit agreement, so yes they can do it because you signed to say they could.
2007-05-30 03:09:24 · answer #4 · answered by alatoruk 5 · 0⤊ 0⤋
yes
2007-05-30 06:42:28 · answer #5 · answered by lesleyfuller@btinternet.com 1 · 0⤊ 0⤋