How to Find Out if Your Credit Agreements are Unlawful and Therefore Potentially Unenforceable by the Lender or a British Court?

According to the industry, approximately 50 millionenforceable or are in breach of contract and
Credit Agreements are created in the UK each year.therefore unenforceable.
However it is widely believed that as many as tensFor example, a national debt advice organisation says
of millions of credit agreements could be deemedits offices in some of the most affluent parts of the
unenforceable.UK are being overwhelmed by demands for help.
Initial research suggests lenders that have issued wellMany consumers are now enjoying the success of
over 25 million credit agreements in the UK, rangingfreeing themselves from debt, by instigating claims
from credit cards to secured and unsecured loans,against the lenders who have effectively used the
are likely to have been in breach of the respectiveconsumer to make £millions of pounds through
statute laws and therefore may be deemed to beirresponsible lending.
improperly executed and therefore 'unenforceable'.Where a borrower's credit agreement is declared
If your Credit Agreements are deemed to beimproperly executed or 'unenforceable', experts
unenforceable what does it mean to you?advise that you should continue to make your
Unenforceable agreement - a contract between twocontractual payments until such time as the claim has
parties which due to irregularities and breaches ofbeen resolved and once your claim has gone through
prescribed terms under current UK legislation isyour credit file will be in tact.
neither enforceable by the lender or indeed theHowever as a result of a successful claim the
Court.following will occur:
 The lender is unable to force you to pay the debt- The loan is typically dissolved by the lender leaving
back.  They also do not have the right to sell thea zero balance achieved.
debt on to a debt collect or third party.- Your credit file will show the credit agreement as
To quickly check to see if your credit agreementeither 'settled in FULL' and may have a correction
might be eligible for financial claims management andnotice added, or the account insert may be removed
to start the auditing process click on the link below.altogether.
Thousands of UK consumers are starting to wake upMany people have successfully pursued their creditors
and realise the full extent of their consumer rightsand have had thousands of pounds worth of debt
and are now fed up with the debt based society wewritten off.  If you are uncertain about your own
are forced to live in, thousands of consumers like youcredit agreements you should seek specialist advice
are challenging the lawfulness of their long standingfrom an adviser registered with the UK Ministry of
credit agreements to establish whether theyJustice.