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CarLoan in my name for son in law

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Pascal60 | 23:13 Fri 29th Jun 2007 | Motoring
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IMy son in law got a car and I was the name on the loan we voluntarly ask ed for the loan to cease they came and took the car looked round it gav ehim some paper work I am now being told I owe nealy �2000 I do not know what for and my experian report on the loan says settled. I ahve had a letter from their solicitor asking for payment by 7th July I am frantic with worry as I have never faulted on any oustanding payments on anything . Please help Frantic mum in law
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Avatar Image rugeleyboy
surley it must be for the difference between the loan amount and what the vehicle sold for at auction?

i.e if you owed �10,000 and it sold for �8,000 you may have to pay the difference?
23:50 Fri 29th Jun 2007
Avatar Image tubeway
You need to give more details
It is difficult to say from what you have posted.
How far into the loan were you - what tem was it - why and how did you terminate the agreement?
02:27 Sat 30th Jun 2007

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CarLoan in my name for son in law

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