Unenforceable Credit Agreements

Many loan agreements could be unenforceable and in this case it is illegal for your creditors to attempt to get you to pay hard-earned money when you are under no such obligation to pay. People discover that they have unenforceable credit agreements virtually every day. We can help you to find out if you are one of the people who can benefit from the greed of the banks!

Our team of experts will look closely at the original credit agreement. If the original contract does not contain within it the so-called 'prescribed terms' as set out in the 2006 amendment to the 1974 Consumer Credit Act then the debt is said to be unenforceable. If this is the case then not even a judge could enforce the recovery of the outstanding amount of money remaining on that particular account.

This law applies specifically and exclusively to loans and other kinds of credit agreements (including credit cards and store cards, car finance, etc.) taken out before April 6th 2007, as this is the first day of the new financial year following the year that the amended Act passed onto the statute books.

Your credit profile or credit history is irrelevant in this instance. The original credit agreement will stand (or fall!) for itself and close expert scrutiny of it will reveal whether you need to keep making the monthly repayments or whether you do not ....

You should not have to be saddled with paying unenforceable debts if the original lenders were too greedy to check if their contracts contained the correct details, clauses and specifications before rushing to make you start paying them back! This is your chance to join the increasing army of people discovering that the banks aren’t as clever as they thought they were.

To have the original credit agreement checked by experts fill in the form below.

We are compliant with the CAN-SPAM Act. We will not pass your name or any other details to third parties apart from the specialist solicitor who will need to know these details in order to help you.

All correspondence is confidential.

Unenforceable Credit Agreements is registered and regulated under the Data Protection Act. Reg. No. Z1620707 and licenced by the Office of Fair Trading. Consumer Credit Licence No. 633327.

Write Off Credit Card Debt: How does it work?

The Consumer Credit Act of 1974 (amended 2006) allows borrowers to challenge unfair credit agreements. Credit Agreements up to £25,000 and issued before April 2007 must comply with the terms of the Act. Most UK banks and lenders have not followed their legal obligations under the Act over the years. Recently, a high percentage of those agreements that have been challenged have been found to be unfair and unenforceable. The result is that the debt is unenforceable.

Unenforceable Credit Agreements: An IVA Is A Different Instrument But CAN Be Used

Please note that this is not a debt management plan or an IVA, where the debt is written off over 5 years.

However, we are also affiliated to IVA and debt management specialists, if that should be suitable to your own circumstances.

Unenforceable Credit Agreements

Unenforceable Credit Card & Loan Agreements Prior To April 6 2007

Write Off Credit Card Debt: How does it work?

Unenforceable Credit Agreements: An IVA Is A Different Instrument But CAN Be Used

Find out if you qualify for an IVA.