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No payments taken on a finance agreement
Comments
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Does the agreement when the first payment will be taken?
We bought a suite on interest free credit where the payments didn't start for 6 months.
We had money coming in 5 months so intended to pay it in full before the credit agreement started.
When we paid it off we received a rather large refund from the finance company. So the interest free credit was because the interest added onto the original price.0 -
It'll likely come to light when the accounts are audited at their year end.
They have 6 years to claim unpaid debts from you . .0
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