written by on 01/08/2010
BE WARNED! READ THIS! Anybody thinking of getting involved with PCF/Private and commercial Finance should be very weary!!! They are fine so long as an agreement is going to plan but miss a payment or try to end an agreement early and you will be left feeling very hard done by indeed! I used them for a purchase, through a difficulty not made by my own actions after only having said vehicle for 4 months they would not drop a penny from what would have been the full amount paid if the deal had gone the full 4 years! £7000 charged for 4months credit!!! Be very very weary of this organisation!!! You have been warned!!!!
I was advised by my broker any early settlement would consist of interest on the borrowed amount for the length of time taken then two months penalty. This is not the case with this company! Use Close Assett or Lombard they are much more reasonable!