Help! Info On Intrest Free Payment Schemes Needed!

[katielshaw]

Hi there,

Ive read loads about banks, credit cards and store cards, but can anyone advise me if I can use this process against those well known furniture shops who offer interest free over 3 years, then charge the hell out of you should your direct debit be returned. Also what about the £25 cost for writing letters, etc, are they allowed to do that? Any info would be great as im a newbie . . . .

[katielshaw]

Right well no response so ill take that as this question has been asked loads of times and just get on with it, it take it that basically yes i had an agreement with them but no matter what sort of institiution it is still unlawful to make profits from penalities, thus the penalities they levied against me are unlawful and i can follow the same proceedure?

[thecornflake]

Hi,

 

Yes it is the same. I'm not sure how well people have got on - from what I remember reading threads about GE Money a while ago they were being difficult but the process and end result should be exactly the same (obviously the letters may need to be amended if necessary, possibly removing anything mentioning the OFT as they only covered credit cards and banks).

 

They can only recover costs when you are in breach (i.e. your payment gets returned etc) so £25 letter charges can be included in your claim.