Null and Void Loan Agreement?!

buffness

Good Afternoon All,

My Partner took out a loan to pay for a course - he has received the attached email from the Company that provided the Loan Agreement.

Has anyone else received this? What does this actually mean? Can we dispute that the loan agreement is null and void? 

Any help would be appreciated.

Many thanks!

[Deleted User]

No, it's fine. They've just included the clause you should have had in the original.

There's no need to repay it all immediately, unless you want to.

You just carry on with the agreement and scheduled payments.

molerat

Deleted_User said:

No, it's fine. They've just included the clause you should have had in the original.

There's no need to repay it all immediately, unless you want to.

You just carry on with the agreement and scheduled payments.

Come on, you know what they are really asking

buffness

molerat said:

Deleted_User said:

No, it's fine. They've just included the clause you should have had in the original.

There's no need to repay it all immediately, unless you want to.

You just carry on with the agreement and scheduled payments.

Come on, you know what they are really asking

Haha! Obviously, you can read minds  

[Deleted User]

buffness said:

molerat said:

Deleted_User said:

No, it's fine. They've just included the clause you should have had in the original.

There's no need to repay it all immediately, unless you want to.

You just carry on with the agreement and scheduled payments.

Come on, you know what they are really asking

Haha! Obviously, you can read minds  

Given you asked if you could argue the loan is null and void, it doesn't take a mind reader to guess what you were asking.

In case of doubt, at best, if it was null and void, you would need to pay the money back in full though perhaps without interest. There is no scenario where you keep the money and don't have to pay it back.