I am new to this site, but after reading many of the threads on here, I believe somebody may be able to help/advise me.
MY Loan with welcome finance:
Took a loan £2500 on 21st march 2007
Paid 3 instalment £178/month
A CCJ has been issued on October 2012 for a loan amount £6120.00 and paying £35/month
PPI has been claimed and deducted from total amount.
Current outstanding balance is £4120
I have asked IND (Welcome Finance) to send me CCA and
from CCA I have found that I have been charged £75 for Acceptance fee and £900 for PPI.
From few other forums I have found the loan is unenforceable if it is before April 2007
and there is an acceptance fee (correct me if I am wrong).
I have offered 50% amount of total outstanding to WFS to settle my account,
however they are demanding the full amount.
Could anybody please advise me on this below :
a) If the Loan is unenforceable How Should I proceed to qualify it unenforceable?
b) If the agreement is unenforceable, can I appeal to court to put CCJ set a side?
I have also not informed about CCJ.
I have attached the CCA and I would really appreciate any help on this.