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.
Hope someone can put me on the right track here.
I have received my CCA from Egg and i am wondering if it is legal or not.
Its on two pages with my signature and that of somebody signing on behalf of Egg, however ther are no T&Cs. Can somebody help to define this.
_________________________ _________________________ _______ Egg Card Agreement for Mr - -1 Please read this carefully ~~"" '---------
This was sent to you on 5th February 2004
To talk about this agreement you canE-mail us securely via our website. Go to www.egg.com and select contact us.
Credit Agreement regulated by the Consumer Credit Act 1974
This is a credit agreement between us, Egg Banking pic, Egg Card, New Application, Basildon, S514 9AA below. A copy of the agreement is enclosed for you to keep.
About you:
Your name Youraddress
Anthony
About Egg Banking pic.: Postal address About your Egg Card:
3. Limit
Egg, PridePark. Riverside Road, Derby, DE99 3GG
We will tell you from time to lime the Approved Limit we have set and. if different, the Individual Limit which you have chosen for the Account
4. interest and Credit Chaiges We will charge mtefest:-
4.1 - on Purchases and Transferred Balances put on the Account until 1 August 2004 at a monthly rate
of 0% fixed until 1 August 2004, and thereafter al a monthly rate ot 1.093%. 12.3% APfi; and
otherwise
4.2 Unless you are an Existing Egg Customer, we charge a handling tee of i.2S% of the amount of each
Cash Advance (minimum tee £2.00). The APR for Cash Advances is 18.3%.
4.3 We will charge interest on Promotional Balances al the interesi rates and for the period we advise you
of in the details ot !he Special Promotion.
4.4 You can find up-to-date information on interest rates by looking on our website. You can also see on
your statement the interest rate which has been applied where interest is being charged.
In working out APRs. we have ignored any changes we may make to the interest rates, handling fees or any other charges which we introduce or vary at anytime by giving you notice under condition 12. 5. Repayments 5.1 Each month you must pay by direct debit, al least the minimum payrnent given in your statement. The minimum payment will be:
- the full Revolving Balance if rt is less than £5, but otherwise the greater of 2% of the Revolving Balance and £5;
Plus for each Transferred Balance;
- the full amount of the Transferred Balance if it is less than £5, bul olhen.vise the greater of 2% of
the Transferred Balance and £5.
We will collect the amount you tell us you want to repay so that rt is paid into the Account on the Payment Date.
_________________________ _________________________ ____________
SECOND PAGE:
IMPORTANT - YOU SHOULD READ THIS CAREFULLY YOUR RIGHTS
The Consumer Credit Act 1974 covers this agreement and lays down certain requirements for your protection which must be satisfied when the agreement is made. If they are not. we cannot enforce the agreement against you without a court order.
The Act also gives you a number of rights. You have a right to settle this agreement at any time by giving notice in writing and paying off all amounts payable under the agreement. If you have obtained unsatisfactory goods or services unoer a transaction financed by this agreement, apart from any purchased out of a cash loan, you may have a right to sue the supplier, us or both. Similarly, if the contract is not fulfilled, perhaps because the supplier has gone ou! of business, you may still be able to sue us.
If you would like to know more about the protection arid remedies provided under the Act. you should contac! either your local Trading Standards Department or your nearest Citizens' Advice Bureau.
LOSS OR MISUSE OF EGG CARD
li the Egg Card is lost, stolen or misused by someone who obtained it without your consent, you may be liable for up to £0 ot any loss to us. If it is misused with your petmission you will probably be liable for ALL losses. You will nol be liable for losses to us which take place after you have Lold us of the theft, etc provided you confirm any oral message in writing within seven days.
If you require any supporting information to be returned to you, please tick this box I ]
By signing this agreement, you confirm you want us to issue you with an Egg Card and that the details you have given us are true and complete and that you have read and accept the Egg Card Credit Agreement Conditions, a copy of which is enclosed especially conditions 1.2 and 16 {Personal Information). This sets out how we will use the information we obtain about you including informal/on about the type of payments you make with your Card. We will not use this information tor any purpose other than those set out in condition 1.2 and 16 but if you do not want us to have any information about a payment you should consider an alternative to using your Card.
This agreement will only oe binding on us when we have completed and are satisfied with our final checks and other searches, and you have signed and returned the credit agreement to us.
This is a Credit Agreement regulated by trie Consumer Credit Act 7 974 Sign it only it you wan! to tie legally bound by its terms
Signature of Borrower Date ol signature
Signed on behalf of Egg Banking pic.
Az Alibhai, Credit card product manager Date 5th February 2004. 9417883401 4D
PLEASE NOTE WHEN THE ABOVE DOCUMENT WAS SCANNED IT DID NOT PICK UP THE SIGNATURE OF THE CREDIT CARD MANAGER NOR MINE BUT IT IS ON THE DOCUMENT. DO YOU THINK IT HAS BEEN SCANNED ON TO THE DOCUMENT BY THEM AND THATS WHY IT HAS NOT BEEN PICKED UP?
Jack508 vs Egg
and i am wondering if it is legal or not.
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