May 9th, 2008
Consumers who have taken a Personal Loan, Motor Finance or a Mortgage are being urged to dig out their Loan Agreements and have them reviewed by a Consumer Credit Act legal expert, this is the opinion of the Loan Claims Team at Pinto Potts Solicitors.
Mounting Loans and Debt can lead to stress
At Pinto Potts Solicitors we have seen many Loan Agreements that have been incorrectly drafted or executed by the lender, the most common examples being wrong APR amounts and figures placed in the incorrect sections of the loan document, there are numerous other errors that have been found on loan documents that render them potentially unenforceable.
If the loan agreement is not correctly completed or executed the likelihood is that the loan will be deemed unenforceable and the debtor (the customer/borrower) will not have to continue making payments.
At Pinto Potts Solicitors we aim to help people with loans receive financial compensation by proving their loan agreement was fundamentally flawed and is invalid and unenforceable, the end result being consumers no longer have the burden of their debt.
A review of your loan documentation is avaiable for a one off non-refundable fee of £150 + VAT and if we believe your loan agreement is flawed the case will be handled by one of our fully qualified consumer credit legal experts, for loans to be eligible the “Amount of Loan” or “Cash Amount” should not be over £25,000 and the loan should have been arranged prior to 2008.
In addition many Consumer Credit Act compensation claims for unenforceable loans are also eligible to claim for a refund of Payment Protection Insurance and interest that may have been added at the time of signing the loan agreement.
If you have a loan that you believe may be unenforceable contact Pinto Potts Solicitors or call us on 0800 316 4434 for immediate expert advice on Consumer Credit Act compensation claims.
