Consumer Money Matters

Alpine_Star

Moneyineptitude wrote: »

That's cancellation BEFORE the contract is signed, which does not apply to the OP of this thread. The 14 day "cooling off" period has long since passed in this case.
So, as I said, cancellation is not possible.

How can you cancel a contract before it's signed?

The cooling off period only commences from the point the contract is signed, otherwise there is nothing to cool off from.

''A business must allow a ‘cooling off’ period of at least 14 days after signing any agreement''

Notwithstanding CoAP rules make it expicitly clear that regardless of the 14 day cooling off period '''A business must permit the client to withdraw from a contract at any time.''

[Deleted User]

Alpine_Star wrote: »

How can you cancel a contract before it's signed?

. What I meant was cancellation is not possible in this case because the 14 day "cooling off" period has long since past.
Of course, I suspect you already knew that and I'll be sure to be very literal in any responses I make to you in the future...:p

Alpine_Star

Moneyineptitude wrote: »

What I meant was cancellation is not possible in this case because the 14 day "cooling off" period has long since past.

[Deleted User]

Alpine_Star wrote: »

Of course casncellation is possible.

Moneyineptitude wrote: »

That's cancellation BEFORE the 14 day period has passed, which does not apply to the OP of this thread.
So, as I said, cancellation is not possible.

Alpine_Star wrote: »

The cooling off period only commences from the point the contract is signed, otherwise there is nothing to cool off from.

Is there anything in this conversation not clear to you? The poster concerned cannot cancel the contract he has signed because it's outside the 14 day cooling off period.

Alpine_Star

Moneyineptitude wrote: »

Is there anything in this conversation not clear to you? The poster concerned cannot cancel the contract he has signed because it's outside the 14 day cooling off period.

Do you suffer from dyslexia as well as acute tiredness?

16. A business must permit the client to withdraw from a contract at any time.


http://www.justice.gov.uk/downloads/claims-regulation/conduct-of-authorised-persons-rules2007.pdf

[Deleted User]

Alpine_Star wrote: »

16. A business must permit the client to withdraw from a contract at any time.

While I'll concede that cancellation is possible, your link also states that such action carries an allowed penalty
"Any charge to the client shall be limited to what is reasonable in the circumstances and shall reflect work undertaken by the business.

Alpine_Star

Moneyineptitude wrote: »

While I'll concede that cancellation is possible, your link also states that such action carries an allowed penalty
"Any charge to the client shall be limited to what is reasonable in the circumstances and shall reflect work undertaken by the business.

It's not an 'allowable penalty'. Any charge must ''reflect work undertaken by the business''.

So it cannot apply in this case because, as you have already conceded, ''he doesn't have any PPI left to complain about''.

Remember?

[Deleted User]

Alpine_Star wrote: »

Any charge must ''reflect work undertaken by the business''.

So it cannot apply in this case because, as you have already conceded, ''he doesn't have any PPI left to complain about''.

I suspect the CMC would indeed still charge a cancellation penalty for "work" they will claim they have undertaken.

I also imagine the OP will be better off not cancelling the contract if there is definitely no more PPI to complain about.

I suggest we drop this meaningless discussion now...

Alpine_Star

Moneyineptitude wrote: »

I suggest we drop this meaningless discussion now...

It wasn't meaningless.

The OP and anyone reading this thread now know that they can cancel their contracts with CMCs at any time.

Additionally you'll be able to give advice on the subject to others in the future that isn't completely inaccurate.