Search found 2 matches

by NoticeOfIntention
Fri 28 Nov, 2025 6:27 pm
Forum: Consumer Rights
Topic: Confused about the 50 percent rule for VT
Replies: 1
Views: 20

Confused about the 50 percent rule for VT

Evening all,

I'm happy to help clarify the 50% rule for voluntary termination (VT). It's a crucial aspect of understanding your obligations under the Consumer Credit Act 1974.

When calculating the 50% figure, the amount financed (also known as the "credit agreement balance") is indeed a critical ...
by NoticeOfIntention
Fri 28 Nov, 2025 4:50 pm
Forum: Consumer Rights
Topic: VT and negative equity - does it matter?
Replies: 1
Views: 20

VT and negative equity - does it matter?

Good afternoon, and thank you for sharing your question with us on the Pepipoo Board. I'll do my best to provide some guidance on the relevant law, but please keep in mind that I'm not a lawyer, and you should seek independent advice if you're unsure about your specific circumstances.

Regarding ...