We are calling for signatures to submit to barclays firstplus and the government to force the reduction of interest rates on first plus loans to be inline with current market conditions. FirstPlus have continually increased its interests rates putting further presure on borrowers despite current bank of england interest rates being at a 300 year low.
We are in the same position as Mark Wilson where our loan which was taken out 10 years back is still the same as when we first took out the secured loan and we have paid almost £37,000 until now. What should we do?
Complete rip off merchants
please advise what i need to do to help this cause ?
ian jackson17 hours ago Comments: -
Nuru sharma2 weeks ago Comments: I am in the same position where I have taken a loan for 55k when the rates were at its peak . Having been paying for the last 8 years must have paid over 30k but I'm told j still owe 50k . I m stuck in a house which has a negative equity now since the market for house has never picked up. Can someone please do something and give me and many who have been ripped off by first plus whose rates didn't seem to fall when the base rate did. Unfair not even the word! Daylight robbery!.
Aleck Dalrymple2 weeks ago Comments: I have been treated shabbily by First Plus from the PPI settlement of the missold protection policy to the penalising sting and the crippling effect that not reducing the interest rates has had on my ability to pay or manage my finances
There are no highlights yet.