Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest -

even if i settle early. surely this is illegal? any suggestions?

Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest - 39%?

My husband got a car thro thr finance comp [welcome] at high rates because we have crap credit rating. 鎷?50 a month on 鎷?000 car over 5 years repaying 鎷?1000 [work it out] summat like 200% interest. No we r not lol. Our way out was this. He put car in my name and stopped payin obviously I had them on my case wantin car bk [husband gone so I told them] I cant afford that kind o money how can we sort this out I need the car with all my kids????????????? Easy they dont want car bk really they want money so I re-negotiated a finance deal with them repayin 鎷?92 a month over 5 years= 鎷?1520 this was with out thr insurance still bad I know but half origional amount. I think once the actual price of the car is repaid it is harder 4 them 2 reposes and the value of the car won%26#039;t b worth the outsandin debt so wot they gona do if I dont finish payin . Take the car I hear u say, well let them i%26#039;ve had my monies worth i%26#039;ll get a new 1. We r financially better off now than bk then which is wot sharks like them rely on. [financially poor people] who r just grateful 4 the chance 2 own a car [often a necessity] they can call thr own. It turns out the insurance was going 2 cost more than the car just so they can%26#039;t take it off u if u loose ur job or become ill so wot chances r u wouldn%26#039;t b able 2 afford 2 run the dam thing in that situation anyway. Yes I kno there is no wonder we have a bad credit ratin but somtimes needs must. Who%26#039;s lol now.

Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest - 39%?

just walk away from it all -

Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest - 39%?

Many states have specific laws prohibiting usury (loans at really high interest rates). Sadly, 39% might not be against the law where you live but you should look into it.

Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest - 39%?

Why did you ever agree to a 39% interest rate? Contact your state attorney general. I do not know what HP refers to in this case.

Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest - 39%?

Sorry, if you took out a loan with an interest rate of 39% you deserve what you got and no answer will help you get out of this mess or avoid future problems.

Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest - 39%?

Uh no it isn%26#039;t, It should be however.

You signed the contract without reading it and now you pay. Sorry...

Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest - 39%?

kid you`ve been screwed,made the same mistake years ago,but unfortunately if uve signed ure tied 2 the contract,conning gets they are.....

Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest - 39%?

you have 36 hours to return the car and that is your best bet i work in the car business and i have never heard of such a rate being charged you need to do some more research do yourself a favor and return the car

Hi everyone. i bought a car on HP with welcome finance. they wont offer any rebate on the interest - 39%?

geez....go get a loan and pay off that note.....why would you agree to such a criminally high interest rate?