Claim Back Unenforceable Loans, Missold Ppi Under

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Claim Back Unenforceable Loans, Missold Ppi Under the Consumer Credit Act 1974 100% Legally

On average a British person owes a £3,900.

In the UK debt for individuals stands at around £1.2 trillion this includes personal debt consisting of credit/store cards, loans and mortgages, comparing against the rest of Europe the UK has nearly double of the debt for individuals.

With the problem of debt growing and media advertising persuading us to spend money that we don’t have as it exists in a fictitious land called credit cards.Nobody likes owing money but it becoming acceptable as a normal part of life for most people. Debt is normal in today’s life but when it starts to go wrong and you struggle to pay the pressure and stress of threatening letters can be unbearable.

There could now be a solution that you may qualify for and it won’t cost you a penny. If you do qualify our service is based on a no win no fee basis and when you do win you get your money back and still pay us nothing, our cost is claimed from the lender.

If you took out a loan before April 2007 your loan could be deemed unenforceable.

What is an unenforceable loan?
Changes in the consumer credit act made in April 2007 were made to protect people from being miss-sold personal loans, credit cards, PPI (personal protection insurance) and many other types of loan agreements.

If your loan agreement is invalid we will fight the case with the lender and if successful your loan will become unenforceable, which in reality means you will not have to pay the money back.

At Unenforceable-Loans.co.uk we help clients to claim back money, no win no fee claims and all this will not affect your credit record.

Unenforceable-Loans.co.uk is backed by a large team of fully qualified solicitors that have been trading for over 10 years and now in the last 24 months have moved to specialise in unenforceable loans, over the years they have helped thousands of clients consolidate debt and have a better standard of living. With developments in legislation change and their experience in the industry they are building a portfolio of winning cases and are confident to offer this service.

You can feel confident that your enquiry and claim will receive priority.

We will help anyone that have an unenforceable loan, we don’t claim to be able to wipe clean every piece of debt that you may have but around 70% of all agreements before April 2007 could be deemed unenforceable. If you have an unenforceable contract/agreement we could possible clear it totally.

The below loans are covered by the Law of Agency and by unfair practises on behalf of the charges made to the client, these types of lending is covered by the Consumer Credit Act 1974.
·         Car Loans/Finance
·         PPI (Payment Protection Insurance)
·         Credit Cards and Store Cards
·         Secured Loans
·         Unsecured Loans
·         Hire Purchase
·         Consolidation Loans

Car Finance
If you have signed your agreement on the garage premises we may be able to make a claim, again this claim will be made stronger if you have purchased PPI (personal protection insurance) or GAP Insurance. In some cases the loan is unenforceable and you get to keep the car.

The Consumer Credit Act 1974 act was put in place to protect the consumer and requires by law certain things to be present in every agreement to make it enforceable by the courts. Many agreements do not confirm and are therefore unenforceable and as such can be cancelled.

Credit Cards
Credit card check list:
Agreement must be before 6th April 2007
We may be able to cancel all of the debt
In certain case we may be able to reclaim interest charges
Worst’s scenario- we can re-negotiate the account.

As with all debt always maintain minimum payments until advised otherwise this maintains your credit status. If you have a bad credit file speak to us for advice as in some cases we may be able to clean your file.

If your debt is at the stage or has been sold and you are under threat of court action or being chased we could still help and sometimes in certain covers these are the easiest accounts to clear.

These are the steps needed to make a consumer credit act claim

STEP 1 - The loan must meet the following criteria:
Taken out before 6th April 2007
Be in the region of £2,000 to £25,000
Still be current i.e. the loan has not been paid in full

STEP 2 - Contact us via telephone or submit a request form online to confirm that your loan matches the criteria; we will then pass this to our solicitors based on the nature of loan.

STEP 3 - We will need to see your loan agreement, it is possible that you may not have this to hand or have lost it, possibly you have never received it, if this is the case call or write to your lender and request a copy, and most lenders will keep a copy for up to 6 years. In most cases we can request the loan agreement from the lender but this can delay the time as they have to supply it legally within 40 days.

STEP 4 - Once we have your agreement our team of dedicated solicitors will assess it and decided which route we can claim any money, this should take around 48 hours to 5 working days.

STEP 5 - When we have all the details and are ready to put the case forward to the lender to clear the debt we will inform you of the process but some cases can take up to 6 months to complete. In most cases once we have proved your loan is unenforceable there is little the lender can argue back with.

STEP 6 - When your lender is ready to agree regarding your loan we will inform you of the good news and what the outcome is, whether it being reduced or wiped cleared.

The author, Crystal Honeysuckle, invites readers to visit www.Unenforceable-loans.co.uk for more information about How to claim your unenforceable loan

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claim-back-unenforceable-loans-missold-ppi-under-the-consumer-credit-act-1974-100-legally-684843.html

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