The above mentioned company reprimanded by the OFT some years ago on .............interest rate variations ?
Cut to the chase, the said company operate/enforce very questionable contract clauses without any intervention from the OFT, only excuses.
The courts have in one case (which is the only one known to me) have found in favour of the consumer & ruled that an interest management statement be removed as deemed unfair...............due to the consumer suffering financially for not being able to plan for their future under such a one sided matter.
This cause is widely used & is the cause of much consumer misery with no option of redress or any guidance from regulatory bodies...............its a do as they say syndrome "you signed it"
The OFT soon to be put to bed are subject now to a PHSO enquiry on why they will not disclose the reprimand details & why they choose to ignore the UTCCR regulations specifically with this company.
Years of complaining & still hurdles to climb, the future with the FCA........any better ?
Cut to the chase, the said company operate/enforce very questionable contract clauses without any intervention from the OFT, only excuses.
The courts have in one case (which is the only one known to me) have found in favour of the consumer & ruled that an interest management statement be removed as deemed unfair...............due to the consumer suffering financially for not being able to plan for their future under such a one sided matter.
This cause is widely used & is the cause of much consumer misery with no option of redress or any guidance from regulatory bodies...............its a do as they say syndrome "you signed it"
The OFT soon to be put to bed are subject now to a PHSO enquiry on why they will not disclose the reprimand details & why they choose to ignore the UTCCR regulations specifically with this company.
Years of complaining & still hurdles to climb, the future with the FCA........any better ?
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