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.
My Egg agreement does not have the word "variable" as part of the APR.
I read that the Regs require the word variable to be placed in the APR section if the APR is variable?
Consumer Credit (Agreements) Regulations 1983:
The APR referred to in paragraphs 15 to 17 of Schedule 1 to these Regulations shall in documents embodying regulated consumer credit agreements, other than exempted agreements--
(a) be denoted as "APR" or "annual percentage rate" or "annual percentage rate of the total charge for credit; and
(b) where it is subject to change, be accompanied by the word "variable".
Is this a relevant point that could also render an agreement unenforceable?
Variable APR
agreement does not have the word "variable" as part of the APR.
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