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Student account defaulted not covered by CCA??? Is this True?


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I have defaulted on 2 student accounts in 2006. Have requested sent a CCA s.78(i) letter, advised that CCA does not cover student loand/overdrafts! Is this correct please as I was not aware of this. If so what grounds do I have to take to court?

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  • 4 weeks later...

Hi,

 

I'm not too clued up on the subject but, Overdrafts have part V (form and content) exemption from the Act which would mean that the copy of the agreement would simply be a letter from the bank stating the amount of the overdraft, etc.

 

Regards.

 

Scott.

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