The credit crunch is affecting us all. In the midst of it all would you like to be debt free? We are working in partnership with a legal services provider to offer you a way to challenge the enforceability of your credit card agreement.
Over the past 30 years, lenders have made it easier for us all to obtain credit, often at extortionate interest rates. As banks have failed and lending has been cut back, we, the tax payer have been asked to foot the bill. And yet, despite us bailing the banks out with our hard earned tax pounds they continue to operate as they have before – failing to pass on the savings from interest rate cuts to us. More of us are feeling the pinch of this squeeze in the ’s financial system and for many our finances are close to breaking point. There is a new service exclusive to Home-SaveTM that may be able to help you obtain some financial relief.
Consider these questions:
1. Do you think your lender acted irresponsibly when they lent you money on a credit card or via a hire purchase scheme?
Where you sold Payment Protection Insurance (PPI) that you could ill afford?
2. Have you ever experienced sky high bank charges and thought they were unfair or that the bank acted unreasonably in your financial circumstance?
3. Would you like to see if your debts can be written off? Would you like to obtain a refund on unfair bank charges and PPI payments?
4. If the answer is yes to any of these questions we may be able to help you write-off your credit card, store card of hire purchase (HP) debt. We may also be able to help you obtain a refund on unfair bank charges and miss-sold PPI policies. We can only work with customers who have debt up to £25,000 per credit agreement.
Credit Agreements:
When a lender issues you with your credit agreement (for a credit card, store card or HP agreement) they are required to comply with the Consumer Credit Act of 1974. We have seen many lenders fail to complete these agreements properly. An incorrectly completed agreement may be flawed and under the Consumer Credit Act of 1974, these flaws may be challenged. If the flaws are serious enough, your credit agreement is invalid and your lender may not be able to enforce your debt. The net result is that your debt may be written off and you will be free of that debt. Your credit history will not be affected by this as the debt is not lawful and the records should be struck from the Credit Reference Agencies (CRAs).
Further, our legal team can pursue the lender to obtain a refund you of any interest, capital and fees charged to you by the lender. In the case of most unenforceable contracts we are able to subsequently get your outstanding balance written off as a result of the process under the Credit Consumer act 1974.
Bank Charges:
Following a challenge towards the UK Banks by the OFT (Office of Fair Trading), a legal challenge was brought and in April 2008, the Court found in favour of you the consumer on the basis that ‘unfair’ or excessive charges on Bank accounts could be adjudicated upon under the Consumer Credit Act 1974. OFT guidance in August 2006 suggested that charges in excess of £12.00 were not in line with the rules of ‘fairness’ and the Banks were to consider their positions.
Some Banks at that stage reduced their fees whereas others did not and continue to charge high fees for items like unpaid direct debits or unauthorised overdrafts. We are accepting Bank Charge reclaim now. There are currently 750,000 people in the queue waiting for their charges to be repaid to them. This will rise sharply in the next few months and so the time to join the queue is now!
We can claim back charges that you have incurred over the last 6 years and can add 8% interest to any amounts claimed as compensation.
PPI:
Under new legislation and guidance, there is provision for claims to be launched against companies who may have mis-sold Payment Protection Insurance to clients alongside products such as Credit Cards and / loans. The estimation is that 2,000,000 policies in the have been incorrectly sold. We have a set of detailed criteria to ascertain whether you been mis-sold PPI. We will work with you to audit your agreements and identify whether this is the case.
Maple Leaf Financial Limited is a UK-registered Limited Company, Registration Number 6758995. Registered by the Ministry Of Justice in respect of claims management activities CRM: 18097. Our CRM Registration Number 18097 is recorded on the Ministry Of Justice website at www.claimsregulation.gov.uk Data Protection Act 1998 Registration Number: Z1663331
