GE Money

 Queensbeck and our preferred Solicitors are currently pursuing Unfair Relationship / Secret Commission claims against GE Money.

What is an Unfair Relationship Claim?

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):

  • Unfairness of any term of the agreement or any related agreement;
  • The way in which the lender has exercised or enforced his rights under the agreement or any related agreement;
  • Any other thing done (or not done) by, or on behalf of, the lender (either before or after the making of the agreement).

What is a Secret Commission Claim?

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;

  • They must act in good faith
  • A secret profit must not be taken
  • They must not place themselves in a position where their duty and their interest may conflict

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.

Start your claim now.

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.

Date Loan Taken Out (approx)
Has the loan been paid off?
Full Name