Interest rate rose rapidly at the start of my firstplus agreement but they are not as willing to decrease despite Bank of England rates at all time low. Customers should be compensated
F
Fiona McLean
12 years ago
Im paying exortinate rates and would like the interest rate of First Plus to reflect the bank rates on a daily basis
B
Belinda Smith
12 years ago
They should be held culpable for the misery they have caused thousands of people.
B
Barry Smith
12 years ago
Been fighting them 7 years now.
J
julie payne
12 years ago
I have been paying a 47,000 loan for 6 years @ 450.00 a month and my loan has only reduced by 4,000.
This is criminal.
A
Anonymous
12 years ago
We took out a loan in 2008. Within the first 10 months our interest rate was increased and we have been paying an extra £90 per month since
I think it is grossly unfair we have been paying these extra high interest rates when mortgages have come down drastically
K
keith stimpson
12 years ago
The interest rates are so unfair. They have taken advantage of people in there time of need
A
Andrew Hodgkins
12 years ago
We are all being ripped off by a corrupt and immoral company and they CANNOT be allowed to get away with it. I urge everyone to speak to their local MP to express their outrage. This 'company' is constantly hounding customers and threatening to take peoples homes away, whilst rigging the LIBOR rate and manipulating the Foreign Exchange rates and REFUSING to reduce interest rates. I wonder if they will increase customers interest rates if the BOE base rate goes up?! Of course they will and this is blatant profiteering and making money from peoples misery, as many First Plus customers are struggling terribly to meet their monthly payments as a result. We must act now to get justice for all First Plus customers!!!
M
Mark Thorne
12 years ago
This company are abusing the system and Barclays need to step in and stop conning the man on the street. If payday loan companies can be dragged across the coals then so should Firstplus. Lets get this petition to the required number and get some results!!
A
Adrian Cowdry
12 years ago
Ihave had PPI refunded, however the interest has gone up over the years, I borrowed £41k in 2006 over 11 years, I still owe a ton of money and am paying at nearly £700 per month. It really is crippling, I know I owe a debt but the interest is I feel unfair when the bank of England reduced the rates over these past years.
A
Anonymous
12 years ago
So high and despite paying over 21K, I still owe so much for this loan when I borrowed 35K at a point where I was desperate following my son's cancer treatment - never seems to improve no matter how much I pay.
L
Leigh Arthur
12 years ago
Complete rip off. Unaffordable in current climate and extremely unhelpful to customers.
B
brendan mcglynn
12 years ago
Got my ppi claim back after 2 year battle.Borrowed 55k 8 years ago made payments of 36k sill owe 43k how?Rich get richer !!!!!
S
Simon Mills
12 years ago
How can the interest rates adjustments only go in one direction. Just seems to be stacked against borrowers and therefore unfair.
J
John Ward
12 years ago
Interest rates on FP loans are linked to the LIBOR rate not bank base rates. Barclays staff were found to be fixing LIBOR rates, shouldn't that mean FP are quilty of fixing rates on loans as FP are owned by Barclays
E
Eliska Mundell
12 years ago
I took out a loan for 55k in 2003, 11 years later , I have paid 80k and still owe 50k.
B
Barry Ingleby
12 years ago
Having a lot of trouble with these people. Basically I'm wrong they are right. Sick of it I know I am in the right!!
G
Gary Martyn
12 years ago
Awful Awful company. Treat customers as thick scum
J
John Grainger
12 years ago
I took a loan out with first plus in 2004 for £45000 paid over £60000 ytd and still get a settlement figure of over £43000 with 10 years left on the loan !! I hope they sleep well !!!!!!!
D
Damian Jack
12 years ago
The company are a disgrace with their draconian interest rates which are in no way TCF. I am amazed that they have been allowed to get away it for so long.
Interest rate rose rapidly at the start of my firstplus agreement but they are not as willing to decrease despite Bank of England rates at all time low. Customers should be compensated
Im paying exortinate rates and would like the interest rate of First Plus to reflect the bank rates on a daily basis
They should be held culpable for the misery they have caused thousands of people.
Been fighting them 7 years now.
I have been paying a 47,000 loan for 6 years @ 450.00 a month and my loan has only reduced by 4,000. This is criminal.
We took out a loan in 2008. Within the first 10 months our interest rate was increased and we have been paying an extra £90 per month since I think it is grossly unfair we have been paying these extra high interest rates when mortgages have come down drastically
The interest rates are so unfair. They have taken advantage of people in there time of need
We are all being ripped off by a corrupt and immoral company and they CANNOT be allowed to get away with it. I urge everyone to speak to their local MP to express their outrage. This 'company' is constantly hounding customers and threatening to take peoples homes away, whilst rigging the LIBOR rate and manipulating the Foreign Exchange rates and REFUSING to reduce interest rates. I wonder if they will increase customers interest rates if the BOE base rate goes up?! Of course they will and this is blatant profiteering and making money from peoples misery, as many First Plus customers are struggling terribly to meet their monthly payments as a result. We must act now to get justice for all First Plus customers!!!
This company are abusing the system and Barclays need to step in and stop conning the man on the street. If payday loan companies can be dragged across the coals then so should Firstplus. Lets get this petition to the required number and get some results!!
Ihave had PPI refunded, however the interest has gone up over the years, I borrowed £41k in 2006 over 11 years, I still owe a ton of money and am paying at nearly £700 per month. It really is crippling, I know I owe a debt but the interest is I feel unfair when the bank of England reduced the rates over these past years.
So high and despite paying over 21K, I still owe so much for this loan when I borrowed 35K at a point where I was desperate following my son's cancer treatment - never seems to improve no matter how much I pay.
Complete rip off. Unaffordable in current climate and extremely unhelpful to customers.
Got my ppi claim back after 2 year battle.Borrowed 55k 8 years ago made payments of 36k sill owe 43k how?Rich get richer !!!!!
How can the interest rates adjustments only go in one direction. Just seems to be stacked against borrowers and therefore unfair.
Interest rates on FP loans are linked to the LIBOR rate not bank base rates. Barclays staff were found to be fixing LIBOR rates, shouldn't that mean FP are quilty of fixing rates on loans as FP are owned by Barclays
I took out a loan for 55k in 2003, 11 years later , I have paid 80k and still owe 50k.
Having a lot of trouble with these people. Basically I'm wrong they are right. Sick of it I know I am in the right!!
Awful Awful company. Treat customers as thick scum
I took a loan out with first plus in 2004 for £45000 paid over £60000 ytd and still get a settlement figure of over £43000 with 10 years left on the loan !! I hope they sleep well !!!!!!!
The company are a disgrace with their draconian interest rates which are in no way TCF. I am amazed that they have been allowed to get away it for so long.