We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

credit card balances wiped out

I have been offered by a company that for a fee of £450 for one credit card and then £150 per additional credit card they can contest the validity of the original credit agreement with the credit card firm if the agreement was set up before april 2007. As they say the consumer credit act 2007 made credit card agreements set up before that date contestable and in 95% of cases the balance can be wiped out .
Sounds too good to be true. Has anybody else heard of this or taken it up and to what success.

Comments

  • PROLIANT
    PROLIANT Posts: 6,396 Forumite
    1,000 Posts Combo Breaker
    Oh dear, not another one, why don't you get a decent job or go and do some over-time in the banana factory to pay off your debt instead of peddling this poison around the internet? :confused:
    Since when has the world of computer software design been about what people want? This is a simple question of evolution. The day is quickly coming when every knee will bow down to a silicon fist, and you will all beg your binary gods for mercy.
  • NickX
    NickX Posts: 3,046 Forumite
    This is a duplicate post - there were replies on your first thread about this.
  • PROLIANT
    PROLIANT Posts: 6,396 Forumite
    1,000 Posts Combo Breaker
    NickX wrote: »
    This is a duplicate post - there were replies on your first thread about this.
    Oh yes so it is, I thought we had been invaded or something.
    Since when has the world of computer software design been about what people want? This is a simple question of evolution. The day is quickly coming when every knee will bow down to a silicon fist, and you will all beg your binary gods for mercy.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.5K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.