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accyman 22-04-2014 11:42

Re: Log Book Loans
 
Quote:

Originally Posted by DAV007 (Post 1103541)
I thought they took the v5 as insurance?
Of course you can apply for a new V5 but the loan company hopes you don't realise that.

i think that would be illigal like it was for loan companies to takepeoples benefit books when they were used

the main reason why it all went to direct debit wa that loan sharks were taking sick peoples payment books to ensure they got their money and interest


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