Ruthbridge Ltd & Hillesden Securities

[Sparkie1723]

I second what tiglet has advised & only add give both companies a reminder of Section 40 of the Administration of Justice Act.

 

sparkie1723

[Sparkie1723]

This agreement does not comply with Sectin 60 2 (b)of the COnsumer Credit Act Form & content of agreements...which says must contain certain requirements to ensure that specified information is clearly brought to the attention of the debtor or hirer, and that one part of a document is not given insufficient or excessive prominence compared with another.

e.g the interst rate staes APR (big letters) but the mention that this can be varied is in the small print ( variation in accordance with clause b overleaf) this does not comply with that section.

the loan agreemnet should also state VERY cleary that it is a variale rate interest loan agreement and stated in the top section of the agreement (header). This is not a lawful agreement, it is full of holes.

 

sparkie1723

[Sparkie1723]

Hi tiglet LAN01,

 

Just going to have one or to glsses of wine myself I've had a day and a half myself with my post.

 

Cheers both of you (hic )

 

sparkie1723

[Sparkie1723]

Shame Lan01,

That means I'll have to have this one I'd put aside for you as well, hope you feel better soon.

 

sparkie1723