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Credit Agreements and Related Insurances


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Hi

 

On my hire purchase agreement there is a seprate section for insurances.

 

If the insurance section has a sperate amount payable, charge for credit, total cahrge for credit and a seperate APR. Also requires a seperate default notice to be sent then this would make it a seperate credit agreement to that of the HP would it not?

 

Otherwise if it was one single credit agreement the insurances would be combined into the Hire Purchase side and come under that APR and total amount payable?

 

Thanks

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Am i right in thinking it falls under a multiple agreement therefore the 2 or separate credit agreements as defined under Section 18 of the CCA?

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Getting help in here sometimes is near impossible, is there anyone who can help or advise on this post?

 

Thanks

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i think you are correct

 

 

there is a large thread on multiple agreements somewhere

all is in there .

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Thanks i will have a look over it :)

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