Just the facts

We hope to provide impartial information on an area of the claims Management sector which has many different opinions about morals and the ethics of some Claims management Companies, but on the other side of the coin there has also been miss leading information leaked that 100,000 Unenforceable Credit Agreements cases had been stayed at Chester crown court but this information has had to be updated due to it not showing a correct picture and the ministry of justice have had to issue this statement No stay on Unenforceable Credit Agreements cases, see latest news below. The ministry of justice have also made consumers to be aware of Claims Management companies who charge up to £495 to investigate Unenforceable Credit Agreements and fees on success.

Few Facts about Unenforceable Credit Agreements

If you have taken out a Credit Agreement before April 2007 there is a possibility that it has been written incorrectly or could be deemed an unfair Credit Agreement and be written off or greatly reduced.

But not every Credit Agreement would be deemed unenforceable, such as many Claims Management Companies would have you to believe, such claims, as 25 million agreements are unenforceable or 80% are Unenforceable, No one really knows how many there are in circulation, but you can only make claims that can be backed up with evidence.

Lenders are settling out of court to avoid media and potential future claims.

A prescribed term breach would deem a credit agreement unenforceable.

If the lender doesn’t have a copy of the original Credit Agreement it would not be enforceable in a court.

Courts are now starting to get clogged up with cases.

If you can get in contact a Credit litigation solicitor directly, it will save you money as there would generally work on a no win no fee basis, what is called a CFA conditional fee agreement.

If you can’t find one simply fill out our enquiry form and we can Point you in the right direction, it could save you hundreds of pounds in upfront fees and thousands in back end fees.

Claims Companies website is here to help and please email our web address

to friend they just might of been looking for this help.

Is it morally correct to challenge a credit agreement as you lent the money you should pay it back?

Many question the morals of challenging a credit agreement saying that if everyone was to do it what state would our banks be in? and also you lent the money so pay it back!

I agree that these are valid points but if we take a look at the banks behaviour over the last ten years and put up a case against the banks you can see it is the banks in the wrong no one else.

Payment Protection is a prime example of this, generating profits of over 5.5 billion pounds for the banks per Year. Most consumer it was sold to didnt need it and the consumers that thought it would be there when they needed it ,would find out the banks were try every trick to not pay out, Selling these policies to anyone with a pulse.

Endowment mortgages false promises of great returns and lump sums on exit, what a disaster that was.

Then we look at the last couple of years with the depression the country has faced proped up with money from the goverment to keep the banks lending and what have they done just sat on it.

What will happen to the banks if everyone was to challenge there credit agreements it would wipe a few billion of the bank balance and they would recover like they always do.

Secondly if lenders cannot put a credit agreement together properly under clear guidelines from the Consumer Credit Act, then more fool them and judges have came out and said statements quite similar and if they have put a credit agreement together that was completely unfair then it is an unfair agreement and we laws to protect consumers from this.