Unfair Relationship claims stem from the Plevin-v-Paragon case and the changes made in 2006 to the Consumer Credit Act 1974. The CCA (1974) was amended to better protect customers who enter a credit agreement. Amongst many of the changes made was the ‘Unfair Relationship’ provisions which gives the court power to grant relief to customers who have been affected by the following factors set out in section 140A(1):
Customers who have entered a loan agreement that has been introduced by a credit broker are entitled to the “single minded loyalty” of the credit broker;
Where a credit broker is paid a secret commission by the lender, the broker and / or lender should disclose the amount to the borrower (customer) for this secret profit. If they haven’t, you can pursue a claim.
The Queensbeck team are trained to the highest standard and follow the firm’s legal hybrid model which allows them to forensically asses cases that standard claims management companies would not have the expertise to. Through extensive training, the team have become proficient in their field and are equipped to take on the cases that have been rejected by other claims companies.
If you would like to make a claim against GE Money, complete the form on the right and a member of the Queensbeck team will be in touch with you.