clear off car debt

razza

I bought my car 2.5 years ago. I signed the car finance contract inside the car showroom.... Now i have been contacted by a claims company saying that when i signed the contract it was not legal because it was not signed in a supervised area. The claims company are saying they can wipe the loan and clear the debt.Does anyone know anything about this.

LeeSouthEast

Why is everyone looking for ways to get out of paying what they owe these days?

Rallydriver

Very much depends, don't believe everything a claims company says.

If they can manage it, remember it WILL affect your credit rating and you probably won't get credit again.

razza

info useful cheers

~Brock~

razza wrote: »

I bought my car 2.5 years ago. I signed the car finance contract inside the car showroom.... Now i have been contacted by a claims company saying that when i signed the contract it was not legal because it was not signed in a supervised area. The claims company are saying they can wipe the loan and clear the debt.Does anyone know anything about this.

They are talking bo!!ocks. There is no such thing as a 'supervised area'. You either sign a credit agreement on-trade or off-trade premises. A car showroom is clearly on-trade premises.

This company sounds like a typical example of the parasitic and fraudulent outfits that are causing everyone to suffer from prolonged high credit prices by wasting everyone's time with ridiculous claims.

Avoid.

Next.

razza

cheers brock: