Payback time for Tesco Bank customers who were not sent statements on time

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Payback time for Tesco Bank customers who were not sent statements on time

2 November 2014, 11:40

Payback time for Tesco Bank customers who were not sent statements on time

This is a duplicate of the Blog Entry made on 2nd November 2014 11:12.

Supermarket giant Tesco may be under scrutiny from the Serious Fraud Office for overstating its profits. But its banking arm is seemingly in...

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Tags: 2nd, bank, banking, breach, cards, cca, creditors, customers, debt, fraud, fraud office, legislation, loans, money, november, office, profits, purchase, repayments, scandal, size, statements, store, tesco
PlanB

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#2

2 November 2014, 12:54

Re: Payback time for Tesco Bank customers who were not sent statements on time

Doesn't this same breach of the CCA also impact on enforceability of the debt as a sanction under s.77A (6) (a)

http://www.legislation.gov.uk/ukpga/1974/39/section/77A

Maybe that's why these creditors are in such a hurry to force these 'voluntary' repayments to customers

http://www.theguardian.com/money/201...ds-store-cards
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