Legalized loan sharks. Initial loan of £8,782 would cost me £17,867.
Got into financial difficulties, my bank said they'd give me loan. HFC suddenly said they'd kindly reduce APR from 25.9.
My bank then didn't give loan. On hearing this HFC amazingly couldn't reduce rate anymore.
I had to seek debt payment plan. All other creditors froze interest. HFC doubled £9,997 I owed them.
Yes it's my fault I'm in debt etc but this is nigh on theft. Debt chasers call unaware of agreement at all hours. Obviously the one you give details too in day shift doesnt change details on records so the late shift chase me again. Some sort of bonus scheme I imagine.
Despise them with a passion, can't see how these practices are legal.
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There are a lot of people in debt, especially these days. What HFC is doing could be seen as an illigal practice??? i suggest seeking legal advice and seriouosly thinking about a Bankruptcy order. Get some help or the stress will be your downfall... regards,blissman