Leasingsolutions Bnpparibas Reviews 54

I have just asked for a settlement figure for my Van, i have only had it 1 year and now i need to sell it as we don't need a van anymore, even if i had settled the van after i month ALL INTEREST IS PAYABLE £6150 gone, i told dealer that i never keep vehicles longer than a couple of years, nobody but nobody tells you this information, all bap could say was small print you agreed not to be bound by the consumer credit act! The Dealer in Edinburgh Ford should have said something as i made my intention clear, this should be illegal, in all my years of funding vehicles i have never come across this, just disgusted, DO NOT GO NEAR BNP PARIBAS, FOR ANYTHING!! My loan started as £30800 and now after 13 month they are asking for £30500!!! just a disgrace this should be spelled out loud and clear and it just isn't, this will not be the end of it.

ive just received a reply from bnp after the review i left a couple of days ago, i quote .. " thank you for the email. our solicitors Gisbys are now dealing with this matter, we understand that you have been supplied their contact details and would advise that you continue to discuss this matter directly with them " yes i am in contact with them , they know all about the fraud thats taken place within the company bnp were funding, but that doesnt alter the fact that bnp are still demanding a massive payment that was fraudently set up which we were completely unaware of , i guess i was correct in what i said in my previous review, that bnp are no longer able to get their money back from TETCOM as they went into liquidation, so its a matter of jumping on the many companies that got unfortunately involved with them to get their money back no matter what the circumstances are, and to be perfectly honest, looking at bnp,s reviews on this site, they are no better than they were. disgraceful !

Been a good customer for many years, we got written to 5 days before we needed to give notice of termination of our agreement, called to terminate only to find we were 5 days over and now have to roll over our lease payments for another quarter! Surely not the best business practice....beware. (Update, called back and will now accept termination)

I recently signed up for a new phone system to replace my 4 phone ISDN system with a company called MTech. What was never mentioned was that I was signing a finance agreement with BNP Parabas. BNP Parabas were never mentioned on the form I signed, or by the sales rep for MTech. There was no costs of the equipment I was leasing, no APR. I was led to believe I was signing up to a phone system which would be reviewed in two years. After I signed I was sent the agreement (for what I thought were monthly phone charges of £169) but only then did I see the small print on pages which were not offered to me when I signed. I had unwittingly signed a seven year lease deal. When I tried to cancel within 14 days I was told by Mtech that I couldn't cancel. Infact they installed some of the equipment the following week. The only way to cancel was pay to £12000 (all the finance payments). The equipment is worth about £1000 at the most. How can a finance company agree to lease £1000 equipment for £12000? Its a scam. Are they Wonga in disguise? MTech offered to reduce the seven year term to five years which obviously was better than 7 years. So far on the £169 per month system, I don't have all the phones, I don't have the new line I was promised, and I still paying for BT phone lines, broadband and calls. I have £750 of phone bills in the first month £500 from BNP Parabas and £250 for BT. Mtech wont cancel and BNP Parabas say my "contract is not yet on their system" so they cant send me it. However BNP Parabas were able to send me a cumpulsory insurance policy and now want me to pay an additional £16 per month to insure the equipment which I don't even have. Again, it was mentioned (no price) in the small print on the finance t&C page which I was not shown when I signed. BNP Parabas "only accept insurance with no excess so that rules out most domestic and business insurances". Another scam which I didn't sign up to. BNP Paarabas and agents scamming their products a disgraceful to modern society, and I recommend that if you see their name on any document, that you avoid like the plague. The problem was I signed a 'finance document' without their name on it, with no cost of equipment, no APR, no terms, and conditions. All this was added later. I still don't have a proper finance agreement. I doubt it is even legal, but I need to pay my solicitior to tell me. Or wait for the Finance Ombudsman to investigate. Or withhold payments for which they will charge a DAILY rate of 6% + base. Or 2.5% of the cost of the equipment, which has never been defined. Ive been running a small business for 25 years and never encounter scam like this before. BNP Parabas need to be closed down in my opinion.

This bank and especially this branch has been the worst bank I've ever had. I'll explain you some examples: 1. They changes my personal bank consultant many many times and each time they didn't notify me. So each time I had to discover that my 'conseiller' is a new person. 2. Almost all of these 'conseillers' were necer available to respond me over phone or answer my emails on time. It looks like they have few good, motivated and dedicated conseillers that they assign them to their big rich clients and the rest, who are actually normal clients with medium to high revenue range, they assign them to junior or not-dedicated conseillers. 3. Once and only once my account passed the minus limit for a week or 2, for each rejected payments they charged me a big fee. I had all my insurances with them and I always had enough money in my account. You can judge the service when things go wrong and yes they didn't pass. 4. I had an issue with my online account and I sent hundreds of emails, many phone calls, asking for the resolution, and guess what I still have the issue after almost 2 years. 5. I have issues to transfer money online and I have asked for resolution but no answer at all. So each time I have to send money to someone I have to call and ask for the service or go to the bank, and guess what I realized that they were charging me around 4 euros each time they did this for me. 6. My visa card was expiring so I requested a new card, it arrived around 1 month after the expiry of last card, even though I had told them in advance, so imagine 1 month with no card. 7. I received a letter saying that my card is arrived to the bank and is ready for pick up, so I went the day after to the bank and they said it's not here, with no sorrow or anything!!!
All in all, I highly recommend that you don't select BNP Paribas.

In 40 years in business I have never come across a finance company like this, unfair charges, unfair early settlement figure, unhelpful staff

I wonder how long they will go on having been fined:-

£10 Million for money laundering
£ 246 million currency rigging and an eye watering
£10 BILLION for breaking trade sanction

FRONT LOADED FINANCE!!!!!!!!!!!!!!! AVOID AVOID

YOU CAN ONLY SETTLE EARLY BY PAYING ALL CHARGES AND INTEREST MINUS A TINY DISCOUNT 2%

TELL EVERYONE, USE YOUR FACEBOOK AND TWITTER!!

IF CAUGHT OUT ASK FOR YOU 'VT' SETTLEMENT.

If you are in the market to lease a car, check with the leasing agent who is financing is with first, if it is bnpparibas or its uk subsidiary Arval avoid them like the plague.

They will rip you off like they did to me when they supplied me a faulty car, their long draw out procedure will takes months to resolve and most will give up (i didn't), and then they will take half of your deposit payments for a car I have had for 4 months.

The customer service is the worst I have come across and no one with any authority that can actually make a decision will actually call you, they get some (So called) customer service agent to do their dirty work and every reply is a three way saga, the problem is they are to big and just don't care.

From start to Finish it took 2 months to send the car back on early termination and that was only because I contacted Mercedes directly myself and they agreed to pay the early termination charges to arval.

Mercedes are good, Arval (bnpparibas) are not, you have been warned.

Do not take any finance with this french company, they are there to make your life hell. I took out a vehicle loan with this company and on the contract was a section for the £200 admin charge. There was boxes that said to be added to overall loan or to be taken with 1st payment, niether was ticked.
So when my 1st payment was due i had the £250 in the bank to cover it.
They then took the £200 with 1st payment and then tried to take the 1st installment, but that had sent me overdrawn with my bank who charged me £35, ok not a major problem until the following day when i recieved a letter of cvf stating they had also charged me £75 late payment.
I rang them and explained the situation with the boxes and they told me to read the small print on the back, basically tough.
When i said i would pay next week when wages had gone in bank because of charges they said ok.
They then decided to charge me again a further £75, i thought this was a mistake so rang them and Gill King told me that the payment still had nt been paid so they had sent me a reminder to pay at another cost of £75.
I decided i would get myself some advice as the banks can not do this but by the time i had found out there was nothing i could do as they are a french company and not governed by anyone in this country my charges had gone to just under a £1000 which i had to pay or have my vehicle took away.
All the company are interestested in is ripping the hard working people of britain off, so take my advice and never take out any finance with CVF also known as commercial vehicle finance.