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Still owe money?
Posted: Thu Oct 29, 2020 6:57 am
by s624
have paid iva for 5 years fineced in may now they say i still owe 3300 pounds
Re: <t>Still owe money?</t>
Posted: Thu Oct 29, 2020 8:33 am
by kallis3
Hi,
Have they given you an explanation as to why you owe this money? Have you had a payment break at all? Speak to your IP company and ask them why.
Re: <t>Still owe money?</t>
Posted: Thu Oct 29, 2020 10:19 am
by Foggy
Before you can argue your case you need to get them to tell you where they think this money is owed and why ?
Have you missed any payments ? Have you declared all of your income, payrises, overtime etc. ? Do you own your own home and they are talking about an extension or equity release ?
Re: <t>Still owe money?</t>
Posted: Fri Oct 30, 2020 5:21 am
by luluj
Hopefully this can be fully explained to you so you can see where they have calculated this figure. Did you have a clauses in your initial agreement to release equity? Did you have car finance that ended midway through and therefore payments should have increased ?
Be sure to get an explanation first from them... let us know how you get on.
Re: <t>Still owe money?</t>
Posted: Tue Nov 03, 2020 7:02 am
by SteveUK
Who says you owe money still?