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When do i cancel my DD

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  • When do i cancel my DD

    I have sent my VT letter by registered post yesterday, when do I cancel my DD as the next payment is on the 10th of November
    Thanks for any help
    Tags: None

  • #2
    Re: When do i cancel my DD

    What's a VT letter?
    "Family means that no one gets forgotten or left behind"
    (quote from David Ogden Stiers)

    Comment


    • #3
      Re: When do i cancel my DD

      I think from what I've read you can cancel that one as they'll receive your letter by the end of this week.

      Comment


      • #4
        Re: When do i cancel my DD

        Originally posted by leclerc View Post
        What's a VT letter?
        Voluntary termination on car lease.

        Comment


        • #5
          Re: When do i cancel my DD

          Information on Voluntary Termination can be found here http://www.legalbeagles.info/forums/...on-Your-rights

          An important note is that a lease cannot be voluntary terminated under the CCA as it is not bound by its terms. A hire purchase agreement can be.
          [MENTION=93091]peterward[/MENTION] - you can go ahead and cancel your direct debit now as the termination is effective immediately after they have acknowledged your VT letter.

          Although you should give them 14 days notice so it safe for you to do so.

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