Laptop Loan

elyodn

I have recently taken out a loan through PC World (or DSG Retail Ltd. actually) in good faith for a new laptop.
All the paperwork was passed through at the time and I signed the credit agreement and paid a 10% deposit at the time.
Approx. 10 days later I received a letter from DSG Retail stating "due to an administrative error our finance company has not been able to process your credit application". and asking me to return to a branch of PC World to help resolve the matter or make an alternative payment for the laptop.

I guess what i'm asking (hoping) here is, do I now have any legal obligation to continue with the payment for this or is this credit agreement null and void due to their administrative error ??

themull1

what are you hoping will happen? do you not want the loan and the laptop now?

Apples2

Do you seriously think you can say "Tough, your mistake, the laptop is now mine" and not pay a penny more??

KingElvis

Apples2 wrote: »

Do you seriously think you can say "Tough, your mistake, the laptop is now mine" and not pay a penny more??

Is that what he's asking? I didn't read it like that but then I'm not that bright LOL

Oh and to the OP, not a chance of you keeping it and not paying. If you go down that route expect being hounded like a dog for years to come by the scum of the earth.

Malky

elyodn wrote: »

is this credit agreement null and void due to their administrative error ??

Yes, the credit agreement is null and void hence DSG asking you to return the laptop or make an alternative payment. If you decide not to return the laptop or make an alternative payment then that's up to you. Easiest option all round with no hassle is to return it, get your 10% deposit back and buy from elsewhere. Guaranteed if you go for the former, you'll regret it later.

Apples2

KingElvis wrote: »

Is that what he's asking? I didn't read it like that but then I'm not that bright LOL

It was this bit which did it for me

elyodn wrote: »

do I now have any legal obligation to continue with the payment for this

PNPSUKNET

sounds like troll day

Enfieldian

No mate.

But you will have a legal obligation to get banged up for about 6 months.

Go for it.