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Follow on Google News | Warning: Be Wary Of Companies That May Contact You Claiming That Loan Agreements Are Unenforceable.As provider of your debt management plan it is important we make you aware that many of the statements about loan agreements are not only untrue but dangerously misleading.
By: Craig Gedey The charity Citizens Advice said there had been a recent "rash" of BOGUS adverts from claims handling firms stating that most loan agreements were "unenforceable" The Ministry of Justice (MoJ), who regulate claims companies, have reviewed these claims resulting in an official crackdown on misleading adverts and companies. The Office of Fair Trading (OFT) have stated that they will not hesitate to take enforcement action against businesses who engage in unfair business practices by deliberately misleading vulnerable consumers about the services they offer. If you have been contacted by one of these companies it is vital that you contact your personal account manager to obtain an honest opinion on your current situation. Promises that are too good to be true are often just that. However, if you think you have been sold PPI on either a loan or credit card or have experienced any charges on your credit card you may have a legitimate claim that Debt Advisory Lines sister company, Investor Compensation, regulated by the Ministry of Justice with a valid Consumer Credit Licence may be able to help you with. They work on a no win, no fee basis and could successfully claim £000’s in compensation for you, and most importantly without jeopardising your Debt Management Plan. If you would like to discuss any concerns you about companies making these claims or have any questions about your debt management plan or Individual Voluntary Arrangement please contact your Personal Account Manager. If you think you have a valid claim against mis sold PPI or want to reclaim any credit card charges going back 6 years please contact our dedicated team on 0800 6888 666 Visit http://www.debtadvisoryline.co.uk Today. # # # Debt Advisory Line is the Debt Management Provider of the Year 2008 and 2009. Debt Advisory Line is a Debt Solution Company offering help and advice award winning "best Debt Management Plans", IVAs, Trust Deeds, Debt Relief Orders and Bankruptcy. End
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