Jump to content

 

BankFodder BankFodder


style="text-align:center;"> Please note that this topic has not had any new posts for the last 1234 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

I recently applied for credit with a loan provider. I was accepted for the requested amount and was provided a loan agreement to electronically sign, complete with terms and all the necessary information. I signed it and it was signed on behalf of the provider, which was emailed to me as a PDF.

 

Now, the provider is requesting bank statements and ID verification, and have cancelled the original loan from my account.

 

Is the loan provider legally obliged to continue with the agreement they originally signed or are they even capable of backing out?

 

Thanks in advance,

 

Michael.

Share this post


Link to post
Share on other sites

Which Loan Company Michael ...name names ?

 

Regards

 

Andy


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group The National Consumer Service

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites

My apologies,

 

118118Money.

 

I would note that in section 9 of the agreement they claim the document isn't legally enforceable until they provide me a "Welcome phone call".

Share this post


Link to post
Share on other sites

Legally enforceable...or legally executed ?


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group The National Consumer Service

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites

"You understand that this Agreement is not legally binding on us until such time as we complete a welcome telephone call with you and approve your application"

 

I just don't understand how an agreement can need more than a signature to be binding.

Share this post


Link to post
Share on other sites

Well its their T&Cs of their business....so they add whatever hurdles they wish....plenty more fish in the sea...go elsewhere.


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group The National Consumer Service

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...