About Unenforceable Credit Agreements
What are they?
The Consumer Credit Act 1974 (as amended by the Consumer Credit Act 2006) regulates
consumer credit and consumer hire agreements - notably those between traders like
your lender, and individuals like you, including:
- Unsecured Personal Loans.
- Secured Loans.
- Hire Purchase.
- Car Loans/Finance agreements.
- Consolidation loans.
Do I qualify for compensation?
The legislation lays down some very specific conditions for credit agreements to
be valid. Yet in their rush to sell loans and make more profit, a significantly
large number of financial companies have failed to follow these conditions. If your
lender is one of these, then the credit agreement you have with them could be cancelled
or the amount you owe reduced.
What do I do?
For a free no
obligation assessment of whether your credit agreement meets the terms of
the Consumer Credit Act, please call us freephone on
0800 092 1909
. Or leave your details here and one of our trained representatives will
call you.
Worried about
your debt? Click here for a free debt assessment.
Call us free on
0800 092 1909
