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I have the original/signed loan agreement - is it a valid document?

Gullibles_Travels · 2008-09-23 14:10:20

To cut a long and very sad story short I would like to know if a loan agreement is valid if I have possesion of the original agreement and the loan company have a copy? I have been mis-sold goods & services through mis-representation & description (holiday points/timeshare) and am looking at all avenue's to get out of…

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ILW Posts: 18,333 Forumite

23 April 2009 at 4:52PM

phlogeston wrote: »

If the sale was for a timeshare, you would have also had additional rights to cancel which make the agreements VERY EASY to wiggle out of within 14 days under the Timeshare Act 1992.

Most of these companies do not sell timeshare any more. It now tends to be holiday clubs and points etc. This generaly exempts them from the timeshare legislation.

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I have the original/signed loan agreement - is it a valid document?

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