Statement regarding 'have read and understood' declarations

[Never-In-Doubt]

Interesting...

Statement regarding 'have read and understood' declarations

---> http://www.fsa.gov.uk/pubs/other/understood.pdf

Does this then mean that in essence when you sign terms in the original and traditional format, it is a breach of UTCCR? That'd mean almost every CCA would be UE based on UTCCR...

[vossy]

Re: Statement regarding 'have read and understood' declarations

"A key concern is that firms should not rely on a ‘have read and understood declaration’ to reject a consumer’s complaint."

Isn't this similar to the argument originally made by institutions over PPI?

[kilasuit]

Re: Statement regarding 'have read and understood' declarations

"A key concern is that firms should not rely on a ‘have read and understood declaration’ to reject a consumer’s complaint."

Isn't this similar to the argument originally made by institutions over PPI?

And overdraft fees and late and default charges on CC's etc

[Pixie]

Re: Statement regarding 'have read and understood' declarations

An interesting thought Niddy...

[jen_br]

Re: Statement regarding 'have read and understood' declarations

Things that make yoou go Hrmmm

[vossy]

Re: Statement regarding 'have read and understood' declarations

It leaves all sorts of things open to interpretation hmmmm!

[Never-In-Doubt]

Re: Statement regarding 'have read and understood' declarations

Problem being its bloody expensive and little case law precedent to fight (and win) under UTCCR - ask the OFT

[vossy]

Re: Statement regarding 'have read and understood' declarations

Problem being its bloody expensive and little case law precedent to fight (and win) under UTCCR - ask the OFT

As usual everything in law is as clear as errrr mud!