Without Payment protection plan Insurance
With Payment protection plan Insurance
Without Payment protection plan Insurance
1. This agreement shall not become binding until signed by both us and you and shall be deemed to be made on the date on which it is signed by either us or you whichever is the later.
2. You agree (without prejudice to any other of our rights) to pay to us:
(a) the instalments specified in the Key Financial Information sections overleaf;
(b) subject to the provisions of the Consumer Credit Act 1974 the full balance of the Total Loan plus interest in the event of:
(i) failure by you to pay any of the instalments specified in the Key Financial Information section overleaf within 14 days of the due date (time being of the essence);
(ii) any of the information given by you being found to be untrue;
(iii) any judgment being obtained against you and remaining unsatisfied for more than 7 days or any distress or execution being levied against your property or a receiver being appointed over any or all of your assets;
(iv) you dying or applying for an interim order or having a petition for a bankruptcy order or sequestration presented against you or entering into any arrangement or composition with your Creditors.
3. We shall and you authorise us to:
(a) remit a sum equivalent to the amount of the Advance to you or as you shall direct. If you have notified us that part of the Advance is to be used to discharge existing financial commitments, we may apply the relevant sums from the Advance in such discharge and remit the balance of the Advance to you;
(b) disclose any information relating to this agreement to any third party (including any credit reference agency) subject to the provisions of the Data Protection Act or any statutory modification or re-enactment thereof.
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4. No time or other indulgence granted by us to you shall affect our rights under this agreement.
5. If your loan is a joint account, these conditions apply to both of you together or either of you on your own. For example, if you owe us money we can claim it back from either or both of you. This applies whether or not you continue to be in a relationship together (for example, if you divorce). If one of you dies, your estate will become responsible for repayment of the loan along with the survivor of you.
6. The Contracts (Rights of Third Parties) Act 1999 shall not apply so as to entitle any third party to any rights or benefits under this Agreement.
7. You warrant that the information contained in this agreement is true and accurate and that you will immediately notifiy us in writing if any of the information changes.
8. Your dealings with us both before and after you take out your loan and also the terms of this agreement shall be governed by the law of Scotland if you reside in Scotland when the agreement is made, the law of Northern Ireland if you reside in Northern Ireland when the agreement is made, otherwise it shall be governed by the law of England and Wales.
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9. We will supply these terms and conditions and otherwise communicate with you in connection with your loan in the English Language.
10. In signing the loan agreement you give us notice that we do not need to send separate statements to each of you. Until further notice, we will send statements to the first named person in the personal loan agreement.
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With Payment protection plan Insurance
1. This agreement shall not become binding until signed by both us and you and shall be deemed to be made on the date on which it is signed by either us or you whichever is the later.
2. You agree (without prejudice to any other of our rights) to pay to us:
(a) the instalments specified in the Key Financial Information sections overleaf;
(b) subject to the provisions of the Consumer Credit Act 1974 the full balance of the Total Loan plus interest in the event of:
(i) failure by you to pay any of the instalments specified in the Key Financial Information section overleaf within 14 days of the due date (time being of the essence);
(ii) any of the information given by you being found to be untrue;
(iii) any judgment being obtained against you and remaining unsatisfied for more than 7 days or any distress or execution being levied against your property or a receiver being appointed over any or all of your assets;
(iv) you dying or applying for an interim order or having a petition for a bankruptcy order or sequestration presented against you or entering into any arrangement or composition with your Creditors.
3. We shall and you authorise us to:
(a) remit:
i) a sum equivalent to the amount of the Advance to you or as you shall direct. If you have notified us that part of the Advance is to be used to discharge existing financial commitments, we may apply the relevant sums from the Advance in such discharge and remit the balance of the Advance to you;
(ii) the insurance Premium(s) detailed in the Key Financial Information section overleaf to the relevant Insurance Company(s) where applicable;
(b) disclose any information relating to this agreement to any third party (including any credit reference agency) subject to the provisions of the Data Protection Act or any statutory modification or re-enactment thereof.
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4. No time or other indulgence granted by us to you shall affect our rights under this agreement.
5. If your loan is a joint account, these conditions apply to both of you together or either of you on your own. For example, if you owe us money we can claim it back from either or both of you. This applies whether or not you continue to be in a relationship together (for example, if you divorce). If one of you dies, your estate will become responsible for repayment of the loan along with the survivor of you.
6. The Contracts (Rights of Third Parties) Act 1999 shall not apply so as to entitle any third party to any rights or benefits under this Agreement.
7. You warrant that the information contained in this agreement is true and accurate and that you will immediately notifiy us in writing if any of the information changes.
8. Your dealings with us both before and after you take out your loan and also the terms of this agreement shall be governed by the law of Scotland if you reside in Scotland when the agreement is made, the law of Northern Irelandif you reside in Northern Ireland when the agreement is made, otherwise it shall be governed by the law of England and Wales.
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9. We will supply these terms and conditions and otherwise communicate with you in connection with your loan in the English Language.
10. If you have applied for credit insurance you confirm that you have been informed of and understand the eligibility criteria and that you meet those criteria.
11. In signing the loan agreement you give us notice that we do not need to send separate statements to each of you. Until further notice, we will send statements to the first named person in the personal loan agreement.
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