How It Works

In 1974 the government passed a law to protect consumers from being miss-sold financial products such as credit cards and loans. All credit agreements made before the 4th of April 2007 have to comply with 14 points of legislation outlined in the Consumer Credit Act. If the lender has not complied with 1 point in this act then the financial agreement maybe unenforceable.

Good news for you as the consumer because a high percentage of all agreements taken out prior to April 2007 are deemed to not comply! Therefore this means the credit provider has lent the finance illegally and cannot ask for the monies back.

At Edwards Knight & Co we specialise in Unfair Credit Agreements and can assist you to establish whether your agreement is unenforceable.

We have set up a process with a team of independent Solicitors where you will receive an Audit report explaining which points your agreement may have been breached. The audit report is then passed to a separate firm of Barristers that work on a no win no fee basis to clear your debt.

There currently needs to be a minimum balance of £2,500 and a maximum of £25,000 per credit agreement. You will only ever be charged a single upfront fee per agreement (please see costs), which you can pay by credit card or cheque. If you are looking to clear credit card debts you can add the fee onto your credit card that you are applying with! This fee is to purchase your unique audit report.

There will be no affect to your credit history as this process is due to a fault the financial providers have made that makes it illegal for them to pursue your debt and therefore they have to settle the debts.