HomeUnenforecable Loans and Credit Card Agreements
Our solicitors and financial auditors will evaluate your agreements checking that they comply with the prescribed terms set out in the Consumer Credit Act of 1974
If your agreement is declared to be unenforcable, you would not be required to make any future repayments because the lender has not complied with the law.
What makes an agreement unfair ?
There are many points to consider when assessing a credit agreement. Our specialist solicitors are highly trained in the Consumer Credit Act of 1974, they will look through the terms and conditons and apply their knowledge when checking areas such as :
- Non provision of prescribed terms - The Lender did not include in the agreement all of the information they were required to provide
- Inappropriate execution of agreement - The Lender did not provide an Agreement in the format allowing correct execution.
- Miscalculation of APR's or the total amount repayable - The Lender did not use the correct method to calculate the Interest rate or the total amount repayable
- Non provision of of relevant documentation post agreement - The Lender is unable or unwilling to provide copies of the original signed agreement and supplementary documentation
- Non disclosure of commissions or fees - The Lender did not disclose all of the commissions and fees they paid or received in connection with the agreement
- Mis-selling on ancillary products - The Lender inappropriately included an ancillary product with the Credit Agreement, in breach of The Financial Services and Markets Act 2000.
The above is only a few examples of what we look for; each case is assessed on its individual merits by our legal team.
Who Qualifies ?
- Anyone with an agreement regulated by the Consumer Credit Act of 1974
- The loan agreement must be before the 6th of April 2007 and be for more than £1000 and less than £25,000.
Credit Card Charges...
Credit Card providers can charge you for breaking your contract, but no more than the amount required to cover their costs. If they make a profit from the charge, they are acting unfairly and you have the right to claim your money back.
The recent drive for consumers to reclaim bank charges has been well-documented. However, more and more people are waking up to the fact that bank charges are not the only unfair fees they can reclaim - many are now demanding the money they have been overcharged by credit card companies back as well.
What do Credit Card companies charge for?
If you have been charged unfair penalty fees for making late payments or exceeding your credit limit, then let our team of professionals claim these charges back for you.
In addition to claiming the penalty charges, we will seek to add both statutory and compound interest to the cliam. Theses additional interests can sometimes double the value of your claim.
Apply now, or call our team of experts on 0844 774 2668 and we will take care of the rest.
Remember...
- We reclaim all your unfair credit and store card charges, plus interest
- Simple claims process - minimal effort on your part
- Credit Card charges not affected by FSA waiver on bank charges
- Claim back six years worth of charges