Nationwide Credit Card application - I am a little confused (as usual)!

[tartanblood]

I requested a copy of my credit agreement for my Nationwide Credit Card and I have been sent 2 pages.

 

 

The first page is a CREDIT CARD APPLICATION FORM and just states if there is an additional card holder,

if I want a classic or comic type picture on the card,

if I want card protection insurance and

then it asks to sign and date the credit card declaration overleaf.

 

 

On the second page it is headed CREDIT CARD AGREEMENT REGULATED BY THE CONSUMER CREDIT ACT 1974 and states

a) when you open your account we will tell you your credit limit

b) you must pay a minimum monthly payment of 5% of the outstanding balance

c) the APR for each card is 14.9%

 

There then follows some more information about interest on purchases, missing payments and charges etc

and then my signature dated 8.2.2006.

The first page is quite easy to read but there is no point posting the second page as I need a magnifying glass to read it.

 

Does this constitute an agreement?

 

 

I am thinking that whenit is taken to court could I defend on the basis that some or all of the points that you make in your 'enforceable credit agreement information' are not present.

 

Any advice would be appreciated Thanks.

[supasnooper]

Sounds like it's enforceable but without seeing the document it is very hard to offer conclusive advice.

 

Have a look at these links which may help you understand the enforceabilty of the paperwork (courtesy of 42man & steven4064) -

 

 

Is My Agreement Enforceable - Useful

Consumer Credit Agreements

[tartanblood]

Thank you, I have checked out the sites that you suggested. How does the fact that the first page was an application and then the second page an agreement work out? I am sure that this will go to court and if there are any loopholes it would be good to know. I have attached the application and agreement.

[tartanblood]

I am not very good with this but here goes, think I have managed to enlarge the forms:

 

Edited February 11, 2010 by cerberusalert

[sheena01]

I cannot help you as Im new myself- I posted similar docs fro m A+L now MBNA- I waited ages for an answer, so I pressed the triangle

 

Dont take it personally- people on here are really helpful and sometimes posts can get lost

 

S

[cerberusalert]

Post up your Default Notice so we can check that out.

Edited February 11, 2010 by cerberusalert