advice on welcome tactics,unsigned contract

[bullring57]

Re: advice on welcome tactics,unsigned contract

lets try again.

[Caspar]

Re: advice on welcome tactics,unsigned contract

I am not an expert on this at all, but:

59.65 x 77 = £4593.05

less total cost of credit £1475.52 = 3117.53 not 3117.57 (only 4p I know, but not right!)

Also they seem to state two interest rates - why is this?

Working on 13.6% I can't get the figure they get.

Hope somebody can help you!

[Turboman]

Re: advice on welcome tactics,unsigned contract

After Celebrity Jungle

[bullring57]

Re: advice on welcome tactics,unsigned contract

[quote=Caspar;184759]I am not an expert on this at all, but:

59.65 x 77 = £4593.05

less total cost of credit £1475.52 = 3117.53 not 3117.57 (only 4p I know, but not right!)

Also they seem to state two interest rates - why is this?

Working on 13.6% I can't get the figure they get.

Hope somebody can help you![ it is strange,but the main thing in my eyes is the contract is not signed,so that mus mean no contract, makes it void their for she should get her money back what she has paid since 2005,]

lets try again.

[basa48]

Re: advice on welcome tactics,unsigned contract

I am not an expert on this at all, but:

59.65 x 77 = £4593.05

less total cost of credit £1475.52 = 3117.53 not 3117.57 (only 4p I know, but not right!)

Insignificant (de minimis)

Also they seem to state two interest rates - why is this?

Working on 13.6% I can't get the figure they get.

APR and Interest rate are not the same. APR includes for fees and other charges not included in the loan amount.

[Turboman]

Re: advice on welcome tactics,unsigned contract

Right---this not about sums at the moment--I'll look at em when it is

Bullring needs advice on wheter a contract is valid if its unsigned in 15th Nov post -- post 19

I'll try and summon an expert

[Caspar]

Re: advice on welcome tactics,unsigned contract

Insignificant (de minimis)



APR and Interest rate are not the same. APR includes for fees and other charges not included in the loan amount.

So for future knowledge, which do I use?

Turbo - thanks - this one is beyond me at the moment!

[Caspar]

Re: advice on welcome tactics,unsigned contract

Read this - make sure you read the appeal!



Unsigned contract was binding, rules High Court - Updated - overturned at appeal - Legal Beagles Consumer Forum

[Turboman]

Re: advice on welcome tactics,unsigned contract

So for future knowledge, which do I use?

Turbo - thanks - this one is beyond me at the moment!

APR is only at a snapshot in time for comparing across suppliers-as above-it includes fees etc and is averaged out assuming its fixed interest---

We don't use it in Amortization--we use Annual Interest Rate (AIR)

[basa48]

Re: advice on welcome tactics,unsigned contract

So for future knowledge, which do I use?

Neither.

A small error in calculations will not persuade a judge you were disadvantaged to a significant degree.

Only the correct interest rate is necessary to effect a good contract. The APR may be out by a small amount and not be fatal (to the agreement).

Oh BTW, which signature is missing debtor or creditor? (Creditors missing is of no consequence).

[Turboman]

Re: advice on welcome tactics,unsigned contract

Its his ********** dog signature which should be missing:beagle: