10-26-2008, 05:40 PM
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#17
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Avalon Senior Member
Join Date: Sep 2008
Posts: 1,098
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Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
Quote:
Originally Posted by alternative-answer
If you sign an agreement with a bank and they have not been complying with the law when enforcing that agreement then surely someone has the right to challenge them. The consumer credit act 1974 is an act of parliament is statute law, banks have not written their agreements correctly and have actually been albeit unwittingly cheating the consumer. Someone who lives on the other side of the world clearly is uninformed about UK law and the rights of consumers to be able to challenge bad practise. If you broke your agreement with a bank they would be knocking on your door yesterday wanting to seize back your assets to repay them. Finally the consumer has a chance to put the banks to task.
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Indeed. well said.
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