Unenforceable Credit Card and
Loan Agreements
Loan Agreements
Do you have any loans, credit cards or store cards
which were taken out before April 2007?
If so let us check on your behalf to see if they are unenforceable or not
at
NO COST TO YOU!
which were taken out before April 2007?
If so let us check on your behalf to see if they are unenforceable or not
at
NO COST TO YOU!
If you have a loan, or if you have purchased goods on credit to the value of £25,000 or less, then your lender should have provided you with a Regulated Credit Agreement. The content of the agreement has to conform to regulations in accordance with the Consumer Credit Act 1974 and should be signed and dated by both you and the lender to be properly executed.
The CCA is the legislation which explains the terms and conditions that a lender has to adopt when lending to consumers. The CCA is in place to protect consumers when arranging credit and/or purchasing goods.
If I have a credit agreement – What happens next?
The CCA is the legislation which explains the terms and conditions that a lender has to adopt when lending to consumers. The CCA is in place to protect consumers when arranging credit and/or purchasing goods.
If I have a credit agreement – What happens next?
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We will have the agreement audites’
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Any breaches are assessed to determine if the loan is non complient.
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You are then provided with a conclusion of the audit for each agreement setting out the grounds for litigation for each case.
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What if I can’t find my credit card/loan agreement?
Don’t worry, we will obtain a copy of it for you free of charge.
Does this service apply to all Credit Cards and Loans?
We are currently only looking at credit cards and loans between £3,000 and £25,000 which were taken out before April 2007.
Didn’t I agree to the terms?
On the basis that the agreement was legal and complied with the regulations, you did so in good faith. BUT if the agreement wasn’t legal and breaches the regulations, then you should not have been asked to enter into it in the first place.
How can I proceed with a claim?
We have a number of options available and you can choose which one you prefer.
Don’t worry, we will obtain a copy of it for you free of charge.
Does this service apply to all Credit Cards and Loans?
We are currently only looking at credit cards and loans between £3,000 and £25,000 which were taken out before April 2007.
Didn’t I agree to the terms?
On the basis that the agreement was legal and complied with the regulations, you did so in good faith. BUT if the agreement wasn’t legal and breaches the regulations, then you should not have been asked to enter into it in the first place.
How can I proceed with a claim?
We have a number of options available and you can choose which one you prefer.
OPTIONS
OPTION 1
If the credit agreement you wish to challenge is in fact a credit card and then only if you intend to pay the fee of £395 by using this card would we suggest this method.
The fee covers the administration and the legal costs and if your claim is successful the total amount of debt outstanding on your card including the £395 fee which you have paid will be unenforceable and consequently will be written off
However if at any time your claim is found to be unsuccessful the FEE WILL BE RETURNED IN FULL and there will be NO LEGAL COSTS.
OPTION 2
An administration fee of £195 is payable which covers all the administration and legal advice up to and including establishment that the loan/credit card is unenforceable, obtaining and audit and persuing the claim vigorously up to and including court action.
The balance of the fee being £200 is only payable after the claim has been successfully resolved.
However, if at any time your claim is found to be unsuccessful ANY FEES ALREADY PAID WILL BE RETURNED and there will be NO LEGAL FEES.
If the credit agreement you wish to challenge is in fact a credit card and then only if you intend to pay the fee of £395 by using this card would we suggest this method.
The fee covers the administration and the legal costs and if your claim is successful the total amount of debt outstanding on your card including the £395 fee which you have paid will be unenforceable and consequently will be written off
However if at any time your claim is found to be unsuccessful the FEE WILL BE RETURNED IN FULL and there will be NO LEGAL COSTS.
OPTION 2
An administration fee of £195 is payable which covers all the administration and legal advice up to and including establishment that the loan/credit card is unenforceable, obtaining and audit and persuing the claim vigorously up to and including court action.
The balance of the fee being £200 is only payable after the claim has been successfully resolved.
However, if at any time your claim is found to be unsuccessful ANY FEES ALREADY PAID WILL BE RETURNED and there will be NO LEGAL FEES.
Payment Protection Insurance
Can I claim back Payment Protection Insurance Premiums (PPI)?
You may have grounds to reclaim Payment Protection Insurance premiums (plus interest on any loans you may have). We can discuss this with you and establish if you have grounds for compensation. If you do, our solicitors will include this in the overall case against the lender. If you wish to make a claim for PPI a fee of 30% + VAT of the PPI compensation paid will be applied.
Does this apply only if Payment Protection Insurance was added to my loan?
No – even if you have taken out separate PPI (i.e. not connected to a specific loan) we can establish if you have grounds for compensation.
You may have grounds to reclaim Payment Protection Insurance premiums (plus interest on any loans you may have). We can discuss this with you and establish if you have grounds for compensation. If you do, our solicitors will include this in the overall case against the lender. If you wish to make a claim for PPI a fee of 30% + VAT of the PPI compensation paid will be applied.
Does this apply only if Payment Protection Insurance was added to my loan?
No – even if you have taken out separate PPI (i.e. not connected to a specific loan) we can establish if you have grounds for compensation.
If you have you got a loan, or credit card
there is good chance you had a Payment Protection Insurance and you may not even know it.
You may be due £000’s in compensation even if you no longer have the loan.
To give you an indication of the possible compensation the following list shows recent settlements made by some of the biggest names in the market:-
Egg
Santander/Abbey
Halifax
Lloyds
Bank of Scotland
HSBC
Barclays
Santander/Abbey
Halifax
Lloyds
Bank of Scotland
HSBC
Barclays
Business Address:
Wigan Pier Property Services, 5 Wrightington Street, WIGAN WN1 2AZ
£4345
£3756
£5912
£3440
£3258
£4794
£6013
£3756
£5912
£3440
£3258
£4794
£6013