10 Point Checklist to Effectively Wipe Out Your Loan & Credit Card Debts
An Introduction to clearing a credit agreement More than ever, we are becoming aware just how unfairly we have been treated by our Banks and the Financial Services Industry.
Most recently, lenders have been forced to repay millions due to the mis-selling of PPI, the Payment Protection Insurance policies we have been mis-sold sold with many forms of credit agreements.
Well now another turn-around has occurred, in the form of clearing Credit Agreements covered by The 1974 Consumer Credit Act (CCA).
It has recently come to light that an alarming number of credit agreements have been deemed 'unfair', as Banks and 'Lenders' have included a number of unfair clauses or omitted important information which affects us as customers, meaning that your agreements may be unenforceable and your debts could be completely written off.
Consumer protection laws mean that ANY credit agreement taken out before April 6th 2007 should be checked, as many lenders have been shown to have breached the guidelines as set out by the Government in the CCA 1974.
Claims Company 10 Point Check List As in any industry, there are good and there are bad Claims Companies.
The 'Ten Point Checklist' is designed to arm you with ten of the most valid questions you need to ask them before instructing them to act on your behalf, so that you may avoid hidden legal costs and success fees.
1.
Is your Claims Company Ministry of Justice Regulated? 2.
A good Claims Company should be able to cover this Scope of Agreements listed below; - Agreements between £1000 and £25,000 - Credit Cards - Secured Loans - Unsecured Loans - Payment Protection Insurance - Store Cards - Hire Purchase - Car Finance/Loans - Mortgages - Consolidation Loans 3.
Is their service based on a Flat Rate Fee? 4.
Is there a 'Money Back Guarantee' if your Agreement is found to be enforceable? 5.
Is it a 'Result-Based' Driven Service? 6.
Are there ANY back-end fees or secret success commissions? 7.
Do they offer "A Conditional Fee Agreement" (CFA)? 8.
Are they experienced, or have they just swapped from, lets say house sales? 9.
Do they offer an Escrow Account System? 10.
Do you get to keep 100% of any remuneration given back by the lender?
Most recently, lenders have been forced to repay millions due to the mis-selling of PPI, the Payment Protection Insurance policies we have been mis-sold sold with many forms of credit agreements.
Well now another turn-around has occurred, in the form of clearing Credit Agreements covered by The 1974 Consumer Credit Act (CCA).
It has recently come to light that an alarming number of credit agreements have been deemed 'unfair', as Banks and 'Lenders' have included a number of unfair clauses or omitted important information which affects us as customers, meaning that your agreements may be unenforceable and your debts could be completely written off.
Consumer protection laws mean that ANY credit agreement taken out before April 6th 2007 should be checked, as many lenders have been shown to have breached the guidelines as set out by the Government in the CCA 1974.
Claims Company 10 Point Check List As in any industry, there are good and there are bad Claims Companies.
The 'Ten Point Checklist' is designed to arm you with ten of the most valid questions you need to ask them before instructing them to act on your behalf, so that you may avoid hidden legal costs and success fees.
1.
Is your Claims Company Ministry of Justice Regulated? 2.
A good Claims Company should be able to cover this Scope of Agreements listed below; - Agreements between £1000 and £25,000 - Credit Cards - Secured Loans - Unsecured Loans - Payment Protection Insurance - Store Cards - Hire Purchase - Car Finance/Loans - Mortgages - Consolidation Loans 3.
Is their service based on a Flat Rate Fee? 4.
Is there a 'Money Back Guarantee' if your Agreement is found to be enforceable? 5.
Is it a 'Result-Based' Driven Service? 6.
Are there ANY back-end fees or secret success commissions? 7.
Do they offer "A Conditional Fee Agreement" (CFA)? 8.
Are they experienced, or have they just swapped from, lets say house sales? 9.
Do they offer an Escrow Account System? 10.
Do you get to keep 100% of any remuneration given back by the lender?
Source...