Que es?!

Seriously though, I think it was probably destroyed in one of my floods. I've torn the flat apart (not that that took much doing) and can find canvass cards from my election in 1999 but not for this. Which is odd because I thought I was getting more careful about that sort of thing. But I have had to throw some stuff out.

Nevertheless, CAB is a good idea. I ought to get something out of them before I step down as a director/trustee on Tuesday! I have checked out, however, some of their responses to the recent Consumer Credit Act implementation order where it seems to imply that this sort of front loading of interest and protection premia does go on quite a lot and they quote many examples of how people have been surprised to find that they actually still owe more on settlement than theyborrowed in the first place.

It's one of their big criticisms of the new CCA regime - that the government has stopped short of making it a rule that settlement automatically means the proportion of the capital expressed as a propoertion of the time left on the loan.

It's apparently perfectly legal - and of course if so enforceable by the contract I signed. But absolutely bloody outrageous, especially for a subsidiary of someone supposed to be a respected global banking institution (sic!).

It doesn't cause me financial discomfort. It's just bloody annoying and were I able to reschedule as I was expecting I could be debt free inside 18 months. But it's likely I'll just have to grin and bear this one, and intensify my campaign against the banking system in general as a result!