There are actual companies online that can check your credit agreements and make sure that they comply with the Consumer Credit Act of 1974. So why would you want something like this? Well, if you find that a you have signed up to an unfair credit agreement, you can get the Solicitors to act on [...]

When the Consumer Credit Act of 1974 was amended in 2006 to keep up with the advances in consumer protection that has been the trend in recent years, a loophole was spotted in the Act which meant that lots of credit agreements were unenforceable. Not just a few thousand, but probably millions of credit contracts [...]

There are two ways of making a claim for an unenforceable credit agreement. The first and the easiest way to go about it, is to hire a solicitors firm that deals in helping clients claim unenforceable credit agreements. Many such firms can be found on the internet. Some of them ask for a fee upfront [...]

There is a lot of buzz currently around the legality of credit and loan agreements made before April 2007. The law changed in April 2007, but prior to that, all UK credit agreements (Loans & Credit cards) were bound to conform to the Consumer Credit Act 1974. Basically, the act states that credit agreements must [...]

The Consumer Credit Act of 1974, which regulates consumer law and spending, gave borrowers many rights against the companies that loaned them the money. Unless the bank that you borrowed the money from followed explicit rules for loaning money, you may have an unenforceable credit agreement. So what exactly is an unenforceable credit agreement? Put [...]

Unenforceable Credit Agreement Claims It is not a scam. There are solicitors who have been working to make these claims work.  Trouble is we are dealing with the law and the law is a flexible and fluid thing. There have been few cases in court and any wipe outs are kept secret by and large [...]