Clear Your Credit Card Debt

Free Yourself of Credit Card Debt
In the current times of economic crisis, credit card debt has become widespread. If you are paying just the minimum monthly dues on your credit cards it is perhaps a futile attempt to get rid of the debt. In reality, this approach of clearing your credit card debt may take [...]

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1.5m UK consumers complain about finance providers | Payment Protection Insurance

The number of consumers complaining to financial providers about the level of service received has increased by two per cent to 1.51m since 2008.

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Finance Mis-Selling Under The Consumer Credit Acts & PPI/PPP/ASU Insurances

If so it may be wholly unenforceable against you !!

The topic of finance mis-selling by lenders (including the high street banks) is certainly a very hot topic on consumer websites and consumer media programmes.

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MBNA BANK IN DOCK OVER AN £8,000 CREDIT CARD BILL

A COURT has wiped out an £8,000 credit card bill because of mistakes made by the issuing bank when it set up the deal.

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DEBT CHIEF CRITICISES GREEDY CREDIT CARD COMPANIES

In a worrying turn of events, the average person’s debt to credit cards, store cards or bank loans in the UK has risen to £6,400, reveals a survey released today by YouGov for Guardian Group Financial.

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A Proven Means of Reducing Debt or Just a Scam?

Credit Issues alone has successfully challenged in excess of £1.5 million of consumer debt and increasing demand for its services has resulted in the firm aiming to challenge £10 million of consumer debt over the course of the year.

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The Recession By Numbers

• £84m is the interest the Government has to pay each day on the UK’s net national debt of £743.6bn. This is projected to rise to £118m a day (£43bn) in financial year 2010 – 2011.
• Total UK personal debt at the end of March 2009 stood at £1,459 billion.
• Total consumer credit lending to [...]

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Credit Issues Debt Challenge Formula Proves A Winner

Credit Issues continues its recent run of success in challenging credit card and personal loan balances through the mechanism of requesting “true copies” of the original credit agreements with lenders on behalf of its clients.

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Have an Unfair Credit Card or Loan? Claim Your Agreement is Unenforceable

Under the Consumer Credit Act of 1974, there are specific rules that lenders must follow when making a new credit card or loan to a consumer. If these rules are not followed, the credit agreement can be deemed unenforceable. Unenforceable agreements can lead to debts being either reduced or completely cleared.
 
So how do you know [...]

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Clear Credit Card Balances Legally

If your credit card was issued before the 1st April 2007 you will want to know all about this credit card claim services. With each credit card review their credit card audit team will analyse whether the credit card agreement is unenforceable or flawed.
 
If your credit card contract / agreement is held to be unenforceable [...]

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Debt and the Family

Personal debt in the UK was £1,457 billion at the end of January 2009 and someone is declared bankrupt or insolvent every five minutes.

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Check My Credit Card Agreement

You should check your credit card agreement to make sure it complies with the requirements of the 1974 Consumer Credit Act. Because if it doesn’t, you don’t have to pay it, and it’s as simple as that!

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How to Write Off Credit Card Debt Legally

These are two equally powerful and perfectly lawful actions that anyone can take to write off their credit card debt legally.

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Credit Issues successfully challenges £16k credit card balance

The client in question approached Credit Issues to look at their original agreement with the lender following the sale of their debt to a debt recovery agency after having fallen behind with their credit card payments.

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Are Your Credit Agreements Unlawful and Potentially Unenforceable?

Many people have successfully pursued their creditors and have had thousands of pounds worth of debt written off.

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Customers left in the lurch by card firms

Credit-Card firms have been accused of stalling on refunds to consumers owed money by companies that have gone bust – despite being legally obliged to pay up.

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MIS SELLING OF ANCILLARY PRODUCTS | Payment Protection Insurance

One example of a Lender potentially breaching the Financial Services Authority Rules, which represent statutory Rules under the provisions of Financial Services and Markets Act 2000 is when a Lender: makes compulsory or recommends an Insurance Policy that is not suitable for your needs or does not obtain sufficient information about you to know if it is suitable for your needs

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NON DISCLOSURE OF COMMISSIONS OR FEES | Consumer Credit Act 1974

One example of a Lender potentially breaching the Non Disclosure of Commission or Fees part of the Consumer Credit Act is when a Lender: pays a commission to a third party such as a Finance Broker or a division of the Lender located in a foreign country in recognition of their assistance in the Lender providing a Credit Card or Loan Agreement

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Write Off Credit Card and Loan Debt

The Consumer Credit Act sets out very strict guidelines for the content and format of all Credit Card, Loan and other Financial Agreements, that must be followed by all Lenders in this Country. Write Off Debt under the Consumer Credit Act.

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NON PROVISION OF PRESCRIBED TERMS | Consumer Credit Act 1974

One example of a Lender potentially breaching the Non Provision of Prescribed Terms part of the Consumer Credit Act is when a Lender: requires you to sign a Credit Card or Loan Agreement, but provides you with a separate booklet containing the Terms & Conditions of the AgreementSection 61 of the Consumer Credit Act 1974.

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Unenforceable Loan Agreements | Write off Credit Card Balances

“Unenforceable Car Loan” or “Unenforceable Car Loan Agreement” or “Unenforceable Car Loans” refers to: Agreements that breach either the Consumer Credit Act, The Banking Code or The Financial Services & Markets Act 2000. Such Loan Agreements can be written off by Solicitors.
“Unenforceable Loan” or “Unenforceable Loans” or “Unenforceable Loan Agreements” or “Unenforceable Consumer Credit Agreements” [...]

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Credit Card Agreements regulated by the Consumer Credit Act

Credit Agreements may be Unenforceable
“All Consumer Credit Agreements” or “Consumer Credit Act Credit Agreements” or “Consumer Credit Agreements” or “Credit Agreement Consumer Credit Act” refers to: Loan or Lease Agreements taken out by an individual and not a Business which are regulated by the Consumer Credit Act
“Bad Car Loan” or “Bad Car Loan Agreement” or [...]

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Is your Credit Agreement Unenforceable?

Does your “Credit Agreement” comply with the Consumer Credit Act? Do you feel your Credit Card or Loan Company are treating you unfairly? Are your payments never ending and is the APR% interest always increasing?

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Wipe unenforceable credit card debt | Potentially reduce or clear debt

Reduce or clear unenforceable credit card and unsecured loans balances. Your loan or credit agreement could be unenforceable.

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Unenforceable Credit Cards and Loans | BBC Panorama Write Off Debt

In the recent BBC One Panorama Documentary entitled “Can’t Pay, Won’t Pay” Sir Roy Goode on the subject of the Consumer Credit Act 1974

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