Motor home/caravan hire purchase enforeable?

[wordmole]

I have a hire purchase agreement for a motor home and I wonder whether it is enforceable. I have just checked through it and although it mentions charge for credit, the APR is not shown anywhere. The agreeement is with Caprital Bank and I do not have a signed copy of the agreement or a formal follow letter. I just have a copy of the orgiinal which I must have signed.

 

The sum in question is 28k over 10 years and the agreement was taken out in 2007.

 

I really want to query this but don't want to look like an idiot.

[T2upNorth]

Hi Wordmole

 

Can you scan the paperwork you have, blank out any identifying info (names/address/phone/account number etc.), and post here via photobucket?

[wordmole]

I will have a go - not sure about photobucket though ... is that the only option?

[cerberusalert]

It's easier with TinyPic - Free Image Hosting, Photo Sharing & Video Hosting

[wordmole]

Hi,

 

I hope this works, I have uploaded the doc as an attachment if not I will try the other route. I was a bit concerned about how public it would be on the photo hosting sites but given the number of members here it makes not a lot of difference.

[wordmole]

Having looked at the images I posted I have given Tiny Pic a try and here is the link to the documents:

 

 

 

I hope it works but any hints and tips always appreciated.

[T2upNorth]

Those are too small, I'm afraid. Zoomed in can't be read.

 

As long as you blank out all the personal info it will be anonymous....

[T2upNorth]

Ah, much better!

[T2upNorth]

Do you also have a copy of the T&C's?

[wordmole]

Herewith the Ts and Cs ... no doubt there will be some glaringly obvious water tight clause that I have missed.

 

 

[T2upNorth]

Having a look through - I'm sure others will be along soon too.....

[wordmole]

Thank you so much for taking the time to have a look at this for me.

 

I have been doing a bit of research only to find that because of the amount this is a non regulated agreement and I therefore have less protection than an agreement which is for less than 25K.

 

I wouldn't be looking in to this if I hadn't been made redundant ... the way of the world at the moment.

[T2upNorth]

Absolutely. I'm sorry to hear about your redundancy.

 

It's the non-regulated part I'm not sure about. If it was a regulated CCA then the prescribed terms don't look correct, but in this case I'm not sure. I'll keep checking and post back, hopefully someone with knowledge of these things will join in too....

[wordmole]

Thanks for your replies so far.

 

I can't help thinking that regulated or not there should be an APR but it is hard to know what happens when these CCAs fall slightly outside the norm. I hope someone will have some guidance for me and point me in the right direction ... if it is wrong, I need to handle this appropropriately.

 

Many thanks.