Warning over ads promising debt clearance

I received this e-mail tonight (following a close shave with Yes Loans!) and thought someone might be interested in seeing another company who is misleading people into believing they don't have to pay back loans taken out before April 2007.

Important News from Beneficial Claims



Dear M---
Please make sure that you read the following information carefully, it could have a major impact on your personal finances.
Due to recent legislation Beneficial Claims can arrange to have all of your credit card, loan and HP balances written off or reduced to zero.
The reason for this is that over seventy percent of all HP, Loan and Finance agreements issued before April 2007 are not enforceable or legally binding. In other words you are paying back money that you don't have to.
Every day, using their proven claims system, Beneficial Claims help many people escape the burden of paying debts that they do not have to. This method does not affect your credit rating and any goods in your possession, including cars, do not have to be returned.
So if you have any car finance, credit/store cards, personal loans or finance on any household goods taken out before April 2007 you more than likely qualify.
Call them today on 0845 344 0497 and speak to one of their trained advisors who will quickly establish if you are eligible or alternatively visit their website at BeneficialClaims(dot)co(dot)uk
PS If you have any outstanding debts after April 2007 we can still help you, please ring 0845 344 0496

Comments

  • russt2000
    russt2000 Posts: 198 Forumite
    these companies in general have no real idea of what they are up to, and would take a good chunk of readies too, for their trouble , these letters ,emails calls are everywhere. who is selling them the list.?
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
  • 349.6K Banking & Borrowing
  • 252.5K Reduce Debt & Boost Income
  • 452.9K Spending & Discounts
  • 242.5K Work, Benefits & Business
  • 619.2K Mortgages, Homes & Bills
  • 176.3K Life & Family
  • 255.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support 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.