Hi, if the amount of credit on your finance agreement was over £25000 in 2007 then the agreement is not regulated under the Consumer Credit Act of 1974. Therefore you have no VT rights at all. Would your new employer be sympathetic and take over the payments? Or does your car allowance and subsequent mileage allowance not cover the cost of ...

PS. thanks for your prompt reply.

Does a written acknowledgement of the debt between my partner and her parents constitute a legally valid agreement if it is not independently witnessed? Unfortunately all the payemnts received back from them have been cash and my partner only wrote them in a notebook with dates received.

In 2005 my partner (who was a student at the time) lent her parents approx £2500. This was not cash it came from her credit card.... @27.9% APR. They had agreed to pay her back at £200 a month. In Sept 2006 I was getting a loan for something else and decided to help my partner clear her card as I was borrowing the money at 6.3% APR. We ...