Frequently Asked Questions

Can I claim against any Credit Agreement?

You can claim against any credit agreement as long as it is regulated by The Consumer Credit Act 1974 and the loan amount is between £5000 and £25000.

Can I make the claim myself?

There is no reason why you can not make the claim yourself. However, we would advise that the law is very complex in this area and it would be highly unlikely that a settlement would be agreed without the threat of legal action.

How long will the claim take?

Dependent on the basis of the claim it can take up to six months.

What is included in the audit of my credit agreement?

The audit will investigate all terms, conditions and calculations to ensure that it complies with The Consumer Credit Act 1974. The audit report will detail all areas where the credit agreement fails to comply and confirm the areas that would be subject to you making a claim.

What happens if it is deemed that I may have a valid claim?

You will either have the option of making a claim yourself, or to use the services of the Solicitor who has audited the agreement. The Solicitor will offer to act for you in making a claim, on the basis that your credit agreement is unenforceable on a N0 WIN NO FEE BASIS.

Are Simply Credit Claims regulated?

Yes, we are regulated by the Ministry of Justice in respect of regulated claims management activities. We are also licensed by the Office of Fair Trading as debt counsellors & debt adjusters.

Am I obligated to proceed with making a claim if my credit agreement fails to comply with The 1974 Consumer Credit Act.

No. You are under no obligation whatsoever.

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Free No Obligation Audit of Your Credit Agreements

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Simply Credit Claims are Fully Regulated

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