personal loan or HP ?

[scaffold]

I signed for a car at a garage I was issued with the BLACK HORSE PAPERS STATING PERSONAL LOAN.
I have now found out that the car is on the HPI Register, yet Black Horse refuse to let me use the half payment rule and return the car.

Is this legal I did not know the car was on HP when I was going to sell it to my friend, it was very embarrassing when he accused me of lying when he carried out an HPI check!
Which he has now asked me to pay �40 for the trouble

[PrinceRainie]

Black Horse are renouned for this....and has appeared on here before. Get your original credit agreement and read every single bit of the small print. It will mention somewhere on there that it is an HP agreement.
On the flip side, complain to the ombudsman as you have been mis-sold the credit agreement. You may just get a result. It is very very wrong that they do it....

[themas]

I'm not altogether sure this is an HP agreement. It may be a conditional sale agreement, which is a rather different beast.

However, as Prince says, read the whole document very carefully to find out exactly what the terms are, & then ask Black Horse what has to be done to get the HPI entry removed.