Help with CCA for loan please

[Florida06]

Can someone please help advise me if this CCA is enforceable. Thanks for any help.

[Tools]

Re: Help with CCA for loan please

Apologies florida but the wording and layout cannot be clearly seen from those photos. If you have access to a scanner it would be better.

Who is the original creditor ( OC ) and what is the agreement for, a credit card?

[Florida06]

Re: Help with CCA for loan please

Hi, it's a Sainsburys loan. Sorry, but having major problems with my scanner at the mo, it's only scanning part of the document. Any ideas?

[Florida06]

Re: Help with CCA for loan please



Hope this works, and 2nd page:

[Tools]

Re: Help with CCA for loan please

From the parts I can see clearly, it does look to have all the prescribed terms in there. Does it also show cancellation rights?

Am I correct in saying there was no PPI attached to the loan?

What date was the loan taken out, how much for, and for what purpose?

[Florida06]

Re: Help with CCA for loan please

It was for 10,000 with no ppi, can't recall what I stated as the purpose but it may be on my original. It was taken out in 2006.

They only sent me the 2 pages that I have attached so not sure about cancellation rights, will this effect anything?

Thanks.

[Florida06]

Re: Help with CCA for loan please

My original copy shows no cancellation rights. Can someone advise me if this alters the enforceability? Thanks.

[Amethyst]

Re: Help with CCA for loan please

Where did you sign the agreement ?

[Florida06]

Re: Help with CCA for loan please

Documents were posted to me and signed at home and then posted back to company. Thanks.

[Amethyst]

Re: Help with CCA for loan please

The cancellation rights not being on there is a flaw certainly but I dont think it makes it unenforceable at all.

I shall ask Curls to pop his head round the door

[Florida06]

Re: Help with CCA for loan please

Can someone please advise if the lack of cancellation rights on my agreement has any bearing on its enforceability? Many thanks.

[Main man]

Re: Help with CCA for loan please

Maybe someone can check? but i get the APR as 6.5% is this not outside the allowed tolerance .1% ?

[Florida06]

Re: Help with CCA for loan please

Can someone please try and bring this to a close for me, I am seriously running out of time. Many thanks.

[Amethyst]

Re: Help with CCA for loan please

The only thing wrong with the CCA is the lack of the cancellation rights, which while it should make the agreement unenforceable IMO a Judge is unlikely to rule so in court.

What is the position with the account at the moment?

On the figures - 10k over 86months - total charge for credit stated as 2386.64 and the annual interest rate as 6.15% so £2390 - which I think is well within variables (£3.46 over 86 months)

[Florida06]

Re: Help with CCA for loan please

Thanks for your replt. Position is account has been passed to DCA (albion) over a month ago. OC refuses pro rata payment although I am still making the payment. Just wtg to see what action they are going to take I suppose. Thanks.