Jump to content

 

BankFodder BankFodder


  • Tweets

  • Posts

    • 1. BREAKDOWN OF LOAN Amount of Loan : £20,000.00 Loan Terms : 10 Years Monthly Repayments : £230.00 A.P.R (interest %) : 6.35% (FIXED) Note: - We want to confirm you that your loan amount is completely approved by our company for the amount of £20,000.00.So,for you to get this loan sorted you have to go through a credibility check and you are requested to pay your first month installment in advance which is for the month of March. Your second monthly installment will be due in month of April by direct debit. Once you can make the payment of £230.00, you will receive the loan amount of £20,000.00 in your bank account within 45 minutes. 2. RESPONSIBILITY Although this agreement may be signed below by more than one person, Borrower understands that we are each as individual responsible for paying back the full amount. 3. REPAYMENT The Borrower will pay every month through direct debit. There would direct debit mandate which we will ask the customer to sign. Borrower will repay the amount of this loan in equal uninterrupted monthly installments. 4. PREPAYMENT Borrower has the right to prepay the whole outstanding amount at any time. If borrower does, or if this loan is refinanced – that is, replaced by a new note – Lender will refund the unearned finance charge. 5. LATE CHARGE Any installment not paid within 7 days of its due date shall be subject to a late charge of 0.9% of the  6. DEFAULT If for any reason Borrower fails to make any payment on time, Borrower shall be in default. The Lender can then demand immediate payment on the entire remaining unpaid balance of this loan, without giving anyone further notices. If borrower has not paid the full amount of the loan when the final payment is due, the Lender will charge in interest on the unpaid balance at 4.5% per year. 7. RIGHT OF OFFSET If this loan becomes past due, the Lender will have the right to pay this loan from any deposit or security Borrower have with this lender without notice to me. If the Lender gives me an extension of time to pay this loan, Borrower still must repay the entire loan. *Note: The Annual per Rate (A.P.R) mention above will remain unchanged entire the loans terms. “Terms and Conditions” CENTRAL LOAN aim to ensure all information as maintain is: ◦current ◦fit for the purpose intended ◦complete ◦accurate CENTRAL LOAN provide two services to the customer: •We can transfer the loan amount in customer’s account •We can fix an appointment with the customer to deliver the loan amount at customer’s place in few cases (Fee may include). These terms are subject to the laws of England which shall exclusively govern the interpretation, application and effect of all the above permissions, exclusions, licenses and conditions of use and shall be construed in accordance with the laws of England and the parties submit to the exclusive jurisdiction of the English courts. DATA PROTECTION: We may as a result of your interaction with the Site hold and process personal information obtained about you when you access the Site and use it for servicing our relationship with you, for the purposes of fraud prevention and debt collection, to understand your financial needs, to conduct our business and to provide you with better customer services and products from both Best Loans and those of selected third parties, to evaluate the effectiveness of our marketing of the Site and for statistical analysis. We may pass this information to other members of the CENTRAL LOAN group or agents, as permitted by law so that they may do the same and they may pass information held by them about you to us so that we may do the same. We will not disclose any such information outside of the Best Tenant Loans group except for fraud prevention purposes and/or if required/obliged by law or Governmental or judicial bodies or agencies or to our regulators under proper authority, or under a strict code of secrecy to sub-contractors or persons acting as our agents or where we have your consent or have previously informed you. GOVERNING LAW: The Terms are governed by and interpreted in accordance with the laws of England and Wales and the courts of the above jurisdiction will have non-exclusive jurisdiction in respect of any dispute, which may arise.     LOAN INFORMATION: All loans are agreements regulated by the Consumer Credit Act 1974, which lays down certain requirements for your protection, which should be complied with when agreements are made. If they were not, the creditor (LOANS) cannot enforce the agreement against you without obtaining a court order. Written quotations are available on request. All lending is subject to appraisal of the applicant's financial status. To apply, you must be at least 18 and a UK resident (excluding the Channel Islands and the Isle of Man). APR details are correct at time of publication. Certain purposes of loan may be excluded or have limited repayment periods. The rate you are offered will depend on credit assessment procedures, your personal circumstances and other related factors. Terms of agreements will be clearly disclosed to you before you sign the agreement. You will agree to pay the Total Amount Payable on the agreement by the installments and at the times stated. If two or more of you sign the agreement as the Borrower, you are liable jointly and severally, that is together as well as separately. If the loan is secured by a Legal Charge over your property, normally your main residential address, you must sign and have witnessed the Legal Charge as a separate document accompanying the agreement. Products and offers are subject to conditions and can be withdrawn without notice. EARLIER PAYMENT OF YOUR LOAN: You have the right to repay your loan at any time during the repayment period by giving notice in writing. To do this, you will need to pay off the amount you owe under your agreement which may be reduced by a rebate (reduction) of part of the interest. RETURN, REFUND AND CANCELLATION POLICY: You have the right to cancel in writing up to 14 working days after the loan has been issued. Should you have already received the loan funds, you will be charged interest on a pro rata basis from the date of issue until funds are cleared in our bank account. You have the right to a refund or return of loan repayments accidentally or unintentionally made to us or collected by us. Refunds will be made as soon as practicable but normally within five working days of us being informed. You have to right to cancel your loan application if the loan amount is not credited or deliver in your bank account or home address then CENTRAL LOAN will refund the amount you paid within 24 working hours* (*Condition Apply) DELIVERY POLICY: Our loan agreement will only come into force when both you and we or our authorized representative have signed it or agree over the phone. When the loan is made we will open an account in your name(s) and debit it with the Total Amount Payable       The loan (Amount of Credit) will be delivered to you by transfer into your bank account, cash or by another mutually agreed method. Once your loan application has been approved “in principle” and subject to our usual underwriting criteria, your loan will be issued within two working hours of receipt of all the required fees. ANNUAL PERCENTAGE RATE: APR is a standard calculation used across the whole UK finance industry. It is a percentage calculation which lets you compare different forms of credit (i.e. loans, mortgages or credit cards) to help you decide on the best value. The APR takes into account interest as well as fees and charges. TYPICAL APR: A "typical" APR is the APR offered to two-thirds (7.8%) of borrowers. The actual APR you are charged is subject to status so you might not qualify for the typical APR The lender will assess your circumstances, such as your income, how much you can afford to repay, the relative security of your job, whether you're on the electoral roll and your credit history. CENTRAL LOAN typical APRs are as follows: Secured loans – typical 2.82% - 5.62% APR FIXED Unsecured loans – typical 5.60% - 17.60% APR FIXED Undertaking: I hereby certify that all the information given above is true to the best of my knowledge. If any of the above information is found to be incorrect at a later stage, I shall be liable to be disqualified/ refund for the personal loan. Regards BORROWERS SIGNATURE CENTRAL LOAN 1) _______________ 25-27 Surrey Street, Norwich, Norfolk NR13NX, United Kingdom Email: support@centralloan.co.uk Web: www.centralloan.co.uk 2) _________________ Contact Number: - +44-161-5051746       full  load agreement        
    • Ignore...    Wait until you get a Letter of Claim and come back here.
    • I wouldn't just ask them. I would send them an email confirming that the dealer has now agreed to receive the car back and that in view of the fact that they sold the car illegally and also in unsatisfactory condition, they have avoided the contract from the very beginning and therefore all agreements to purchase the car and any related agreements to finance it are now considered void from the outset. Tell them that this is your position and you want it confirmed. If your finance company will not confirm it then you are going to begin an immediate complaint to the financial ombudsman service because they will not be observing their duties under the consumer credit act. I think you need to be very insistent about all of this.
    • Were even if your mother died intestate, there must be some probate and somebody must be administrator. Try and send an SAR And incidentally, the principle is statute barred is a statutory limitation but it is subject to court's discretion
    • I will be contacting both the finance company and the trade centre tomorrow morning myself to make sure I receive written evidence off both parties stating the contract will be getting rolled back.   
  • Our picks

Guest Ibanez1070

Unsolicited Goods - Guitar

style="text-align:center;"> Please note that this topic has not had any new posts for the last 369 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

Guest Ibanez1070

A company with whom I hold an account and have made purchases from in the past have sent me a guitar I didnt order.

 

The guitar was added to my account with a price of £0.00.

The guitar duly arrived Addressed to me at my address, it came with an invoice that listed the guitar and a price of £0.00.

 

2 weeks pass and the company have now emailed asking for the guitar back.

 

Im fairly certain that although they may have made an error, I am covered by the unsolicited goods act and am under no legal obligation to return it.

 

Can anyone help me clarify this ?

Share this post


Link to post
Share on other sites

I'm fairly certain that because they have made an error and because you are aware of it, that you are not covered by the unsolicited goods act or other related legislation.

 

I'm not in a position to look up the detail of the moment that I would say that you are not only under a duty to return it, but also until you do you are under a duty to take reasonable care of it.

 

The sender of it would be required to make arrangements to collect it or to refund you any costs of returning it to them.

 

What's the value?


Share this post


Link to post
Share on other sites
A company with whom I hold an account and have made purchases from in the past have sent me a guitar I didnt order.

 

The guitar was added to my account with a price of £0.00.

The guitar duly arrived Addressed to me at my address, it came with an invoice that listed the guitar and a price of £0.00.

 

2 weeks pass and the company have now emailed asking for the guitar back.

 

Im fairly certain that although they may have made an error, I am covered by the unsolicited goods act and am under no legal obligation to return it.

 

Can anyone help me clarify this ?

 

Firstly, did you contact them pointing out their error, and offering to return the goods (at their cost). If so: they are yours provided they didn't ask for them back within 2 weeks of that letter.

 

If not, then it will depend on if a court would decide these were truly unsolicited / sent as a marketing gimmick or s*c*a*m (where they will be yours), or if it was a genuine error by the company (who you have had previous business dealings with) where they can require them back, or for you to pay.

 

I suspect that legally (as well as morally!) the latter applies. Do the right thing, though you shouldn't be out of pocket for returning it, it should be at their cost and by a suitably insured method.

 

https://consumerarbitration.co.uk/2018/11/01/unsolicited-goods-your-rights/

Edited by BazzaS

Share this post


Link to post
Share on other sites
Guest Ibanez1070

Thanks for your reply and input.

It may well fall outside the scope of the unsolicited goods act. (which can be quite a grey area)

That does not mean I have a legal obligation to return the item or that this situation is not covered "by any other related legislation".

It was not misdelivered, it was sent in my name with a covering invoice.

 

The value is irrelevant at this point as it is supplied to me with an invoice stating its value is £0.00.

The invoice I possess and the entire electronic audit trail show that the goods were sent to me at £0.00 cost, ergo I am currently in legal possesion of the item in my understanding.

 

Be happy to hear your further thoughts. :-)

Share this post


Link to post
Share on other sites
Guest Ibanez1070

Thank you kindly.

 

Morally im not interested in doing the right thing with regards to commerce and legally I have a bill of sale so I would "suspect" that they dont have a leg to stand on.

Share this post


Link to post
Share on other sites

You've had 2 replies explaining why you can't just keep it. You haven't explained why you believe they are wrong.

 

It seems that you aren't actually after advice, but only validation of your (incorrect views). Legally, you are wrong. The fact that you are also morally wrong, and aren't interested in 'doing the right thing' either: I hope they sue you, and win. Good luck.

Share this post


Link to post
Share on other sites

Thread moved to the appropriate forum....Online Stores...please continue to post here to your thread.

 

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
Thank you kindly.

 

Morally im not interested in doing the right thing with regards to commerce and legally I have a bill of sale so I would "suspect" that they dont have a leg to stand on.

 

Youre wrong. Totally, and if the company wanted to chase it up, theyd be quite right to go for legal action to recover it.

 

I dont think theres anything more to say as you have been given the correct advice regarding the law, but y ou want to completely ignore it. The law says that if the company is aware of their mistake and notify then they can recover. Youre just choosing to ignore that hoping for a free item.

 

Whatever you choose to do, good luck. Youll need it.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Share this post


Link to post
Share on other sites

Just because the invoice says zero charge does not mean the item has zero value. You have had previously dealings with the company so they are classed as goods sent in error, not unsolicited goods

It may be a replacement for someone else and by human error sent to.you.

Send it back, at their expense.

Stop looking for a freebie.

Edited by sgtbush

Share this post


Link to post
Share on other sites

they were sent by mistake and you were a previous customer so NOT unsolicited goods.

Nothing to do with morals, it isnt yours and you must make it availbale for them to collect. they have a year to sort this out, not a fortnight.

a bill of sale merely includes the details of the transaction and it is correct, you havent paid for it and that is not the same as saying that it is of no value nor that monies are not expected. I suspect what you have been sent is actually an advice note or packing note and these are not part of the contractual terms. That makes it even harder to claim that the item is unsolicited.

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...