From: "me@privacy.net" 
Newsgroups: uk.finance uk.legal
Subject: Re: Provident Financial Services
Date: Sat, 23 Jul 2005 09:09:47 +0100

In message <1122067482.793230.16290@g14g2000cwa.googlegroups.com>, Rab C 
Nesbitt  writes
>Layezee wrote:
>> My dear old mother has managed to run up just under a £1000 of debt with
>> Provident with several small cash loans all running concurrently.  When I
>> saw the "loan" agreement she signed it shows the interest/APR at 365%!!!  I
>> was furious (1) because she'd taken out the loans anyway, and (2), because
>> Provident are the scum of the earth targeting their loans at the people who
>> can least afford them and my mum being somewhat a little confused with life
>> in general believed she was getting a good deal.
>> Today, I saw this article:
>> 
>>http://www.thisismoney.co.uk/credit-and-loans/article.html?in_article_i
>>d=401707&in_page_id=9
>> Should I tell my mother to stop paying these people and wait to see what
>> happens?
>The Consumer Credit Act 1974 says (sections 63 on ..) that any client
>MUST be sent "a notice in the prescriber form indicating the right of
>the debtor or hirer to cancel..." -
>I know from other situations Provident have no system for getting these
>notices out on time.
>AFAIK in the absence of such a notice delivered on time, within 7 days,
>the Provident Agreement is Void and unenforceable.
>Suggest you use this line withProvident & tell them you'll pursue with
>Citizens Advice & Watchdog etc . etc....
>Best wishes, as me for nay help!

Isn't there something about the right to cancel only applying if the 
customer visits the company rather than the company rep visiting the 
customer?

-- 
Timothy