Unenforceable Credit Card Agreement


	Unenforceable Credit Card Agreement

entseo

6-30-2009 10:19 AM

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tags:

unenforceable credit card agreement, credit, credit-card, creditcards

entseo says:

Many thousands of people have saved a lot of money by finding out if they have an unenforceable credit card agreement or loan agreement. There is no reason why you cannot join them. The chances are that you will be able to save money in exactly the same way, as it is estimated that 7 out of 10 such contracts are invalid.

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To find out whether you have an unenforceable credit card agreement you need to have a look at the original contract. Certain details need to be included on that contract, and these are known as the 'prescribed terms'. The reason that so many such contracts fail to contain these details is that the Consumer Credit Act, originally passed in 1974, was amended in 2006 and it is this amendment that now calls for the existence of the prescribed terms.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6E4B81E4-60E2-4F14-94D0-ECBAB9FC66BD/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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