Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Hi Everyone
I have just been searching about Welcome and came across the following
"ANYONE who has taken a secured Loan with this lot can probably get the loan waived (in FULL) & you DONT Have to pay it IF you didnt receive a FULL Cooling Off Period!!). Welcome usually ONLY give 5 - 8 days Cooling Off, however the law states 15 days UNLESS you decide to break it!"
"Also found this "he Consumer Credit Act 1974 provides protection for people who borrow up to £25,000, entitling them to certain rights. For example, you must be given certain written information about the agreement, such as the APR and the total you will be charged for the loan and you should be given a copy of your credit agreement. The Act also says that a customer should be given a cooling off period, usually 14 days, or the chance to pull out of the loan."
from :- MoneyExpert.com - Loan Guide
take a look at s58 of the act, if it is a secured regulated agreement the debtor is entitled to a copy of the agreement for consideration 7 days prior to signing.
i can't read those forums at work, i'll take a look at home, i'll also look up info about CCA unregulated secured loans.
possibly interesting about unwelcome finance
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