Patricia Pearl - Small Claims Procedure - A Practical Guide


An excellent guide for the layperson in how to use the County Court - a must if you are intending to start a claim.

£19.99 + £1.50 (P&P)




Last Will and Testament Kit


Make a legally valid will without the fuss and expense of a solicitor - includes a full step-by-step guide.

£9.99 + £1.50 (P&P)

BAILIFFS - The Law and Your Rights

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.

£13.95 + £2.00 (P&P)


Reclaim the Right Ltd. - reg. 05783665 in the UK

reg. office:
923 Finchley Road
London
NW11 7PE



+ Reply to Thread
Results 1 to 6 of 6
  1. #1
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    pudsey7 Novitiate

    Follow Real_CAG on Twitter

    Cagger since
    Feb 2009
    Posts
    164

    Default Interest on Defaults

    Hi,

    I read that with the CCA 2006 that creditors cannot charge a 'stupid' amount of interesticon on default charges anymore. I have had defaults since this has come into place that state that after 28 days (no interest on the 1st 28days) the interest would be 14.4%. I have also had one at 39.6%. Can they charged interest at this amount under the new rules?

    Thanks


  2. #2
    Classic Account Holder
    Help the CAG!!
    Make a contribution
    SOD'EM Authoritative SOD'EM Authoritative SOD'EM Authoritative SOD'EM Authoritative SOD'EM Authoritative SOD'EM Authoritative SOD'EM Authoritative SOD'EM Authoritative SOD'EM Authoritative SOD'EM's Avatar

    Follow Real_CAG on Twitter

    Cagger since
    Nov 2007
    I am in
    troducing a WE LOVE SOD'EM day.....Every Day :)
    Posts
    1,068

    Default Re: Interest on Defaults

    Hi pudsey7,

    You may find what you're looking for here.

    Consumer Protection ? A Guide to the Consumer Credit Act 2006


    DON'T FORGET MY REPUTATION STAR!!!

    If all else fails, kick them where it hurts and SOD'EM

    This site relies on volunteers and contributions. We know that many cannot donate towards the never ending costs to upkeep this fantastic place, but you can still all help.

    Simply download the CAG toolbar and use it as often as you possibly can for your Internet Searches. This will cost you nothing at all, but the sponsors will donate small amounts each time to the running of this site.


    http://consumeractiongroup.co.uk/cag_plugin.php

    If any of the above information has been at all helpful, please click on the Reputation Star on thebottom left, and leave a short comment

    Thank You


  3. #3
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    pudsey7 Novitiate

    Follow Real_CAG on Twitter

    Cagger since
    Feb 2009
    Posts
    164

    Default Re: Interest on Defaults

    Thanks for that. DO you know what rate is classed as an unfair amount of interesticon rate to be charged on defaults though?

    Thanks


  4. #4
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    pudsey7 Novitiate

    Follow Real_CAG on Twitter

    Cagger since
    Feb 2009
    Posts
    164

    Default Re: Interest on Defaults

    Can anyone advise if 30% interesticon rates on defaults is allowed under the CCA 2006 and what figure would be classed as excessive?

    Thanks


  5. #5
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    pudsey7 Novitiate

    Follow Real_CAG on Twitter

    Cagger since
    Feb 2009
    Posts
    164

    Default Re: Interest on Defaults

    Hi,
    Sorry, can anyone advise on this?
    Thanks


  6. #6
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    pudsey7 Novitiate

    Follow Real_CAG on Twitter

    Cagger since
    Feb 2009
    Posts
    164

    Default Re: Interest on Defaults

    Hi,

    Can anyone advise on this?

    Thanks



Browsealoud
Video Tour



Reclaim the Right Ltd. - reg.05783665 in the UK reg. office:- 923 Finchley Road London NW11 7PE