credit cards

credit_cardprob

hi, the agreement took place at the branch about 8 years ago. the agrrement was sent back to me to resign cos it was signed at the 2nd card user......ihave not resign or send it back. thx

NickX

Personally I think this sounds as though the CCA is not valid which means the debt is unenforceable.

But you will get flamed for trying to get out of paying your debts by certain posters who frequent these boards.

bert&ernie

NickX wrote: »

Personally I think this sounds as though the CCA is not valid which means the debt is unenforceable.

But you will get flamed for trying to get out of paying your debts by certain posters who frequent these boards.

I concur with NickX.

first step is to request a copy of the agreement under section 79 of the Consumer Credit Act. How they respond to this is a good indication in itself - they will probably try and fob you off with a copy of a blank application form and some generic T&Cs. If they they think they have a valid agreement, then they might just as well send a photocopy of it - after all, they will need to produce one in court anyway if it gets that far.

Thats the first step. Where you go from there depends on many factors - most of all your appetite for a fight. It wont be an easy ride - if you stop paying, the WILL harass you for the money, be in no doubt about that.

I wont deny that there is a moral view on this. You need to decide for yourself if you think it is the right thing to do. You may choose that you would prefer to continue paying, or trying to negotiate a payment plan or some other kind of debt remedy. However, knowing you have an unenforceable agreement puts you in the driving seat for those negotiations.

I would refer you back to my previous post where I suggested you might like to look at the DFW board and the Consumer Forums - this advice still stands.