| How Can You Write Off Credit Card and Loan Debts |
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| Written by Ashton Field |
| Tuesday, 11 May 2010 19:51 |
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You may be surprised to learn that some credit agreements from the banks are unenforceable in one way or another.
You may be surprised to learn that some credit agreements from the banks are unenforceable in one way or another. The Consumer Credit Act of 1974 insists upon strict terms and conditions that must be written into the contract that you have signed. For example, the interest rates must be clearly stated and correctly calculated, and often this is simply not the case. In some cases these agreements aren't even signed! You can write off anything which has an agreement, from credit cards, credit card fees, secured and unsecured loans, store cards to your mortgage, and any PPI your have on the loans or payment protection insurance plan. If you've taken any kind of credit agreement or loan before April 2007 you might be able to have the debt written off completely and legally by using a solicitor on a no win no fee basis. Ask your solicitor to request a copy of you credit finance agreement from your lender. This agreement will then be closely audited to see if it does in fact comply with the 1974 Consumer Credit Act. If breaches are found in the credit agreement after the audit, it may be an unenforceable. agreement. You don't have to do anything. The solicitor will write to the lender on your behalf. Depending on how long your credit company take to respond to the request for the documentation, the process will take about nine months to a year For far too long banks and credit card companies have taken their customers to the cleaners, charging ridiculous rates and exorbitant fees for late payments, reducing the credit limit so the customer now has exceeded their allowed limit and then charging another fee. On top of this, we pay even more yearly fees for the "privilege" of having one of their credit cards. It's your turn to see if you can write off your debts. It's legal, fair, justified and could save you thousands of pounds. Use the law to write off debts and restart your life debt free, and free from the day to day worry that you can't pay your bills. This is not debt management, an IVA (Individual Voluntary Arrangement) or bankruptcy. These options may be useful if you find your agreements are not unenforceable. Debt management companies offer excellent and confidential advice to help you with debt and debt management of all kinds. Stop worrying and call today for peace of mind. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. Why not check out unenforceable agreements expert for more information on clearning your debts. Ashton Field's site has a choice of many claims companies to help you. unenforceable agreements Grab a totally unique version of this article from the Uber Article Directory |