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Secured Loan Credit Agreement Mistake


Robww
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I have a secured loan with Welcome Finance, when I was looking at the credit agreement last night it appears they have made a mistake with it and it shows that there is no interest payable, this is on the signed credit agreement.

 

On the prior credit agreement and the proposed credit agreement it shows the actual interest amount however on the signed copy it doesn’t but does show the correct monthly payment and term.

 

Are they able to enforce this? Also the agreement is not dated by Welcome or ourselves.

 

Thanks

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You may be one of the luckiest people around....it could be unenforceable !!! I'll move this to the Welcome Financial forum too

PLEASE NOTE - I am not a legal expert, what is stated is my own opinion and from what I have learnt from this forum and my own experiences.

 

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