Credit Agreements that Solicitors are prepared to investgate include:
• CREDIT CARDS
• PERSONAL LOANS
• SECURED LOANS
• CAR FINANCE
• STORE CARDS
• HIRE PURCHASE AGREEMENTS
• STORE FINANCE
• STUDENT LOANS MADE BY BANKS
• UNSECURED 100% MORTGAGE TOP UPS
However, for a Credit Agreement to receive the full protection offered by the original Consumer Credit Act and be able to be Legally declared Unenforceable, the Credit Agreement must:
• HAVE ORIGINALLY BEEN TAKEN OUT BEFORE THE 6TH APRIL 2007
• ORIGINALLY HAVE HAD A CREDIT LIMIT OF LESS THAN £25,001 IF A CREDIT CARD
(Regardless of if the current debt or credit limit is now over £25,001)
• ORIGINALLY HAVE BEEN FOR AN AMOUNT OF LESS THAN £25,001 IF A LOAN
(Regardless of if the current debt or credit limit is now over £25,001)
• HAVE BEEN TAKEN OUT PERSONALLY
(Not by a Limited Company, regardless or purpose)
A list of some of the Credit Card and Loan Providers that could have provided Unenforceable Credit Cards or Loans is: available here
