Welcome to TEC Debt Solutions Ltd.
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Loans, credit card payments spiralling out of control?
Do you have a credit card or loan
Would you like the balance to be written off?
Was your loan or credit agreement taken out before April 2007
If so TEC Debt solutions can probably help you.
The Consumer Credit Act aims to enhance consumer rights and redress by empowering consumers to challenge unfair lending and through more effective options for resolving disputes
The Consumer Credit Act 2006 (which was fully implemented on 1 October 2008) establishes a fairer, clearer and more competitive market for consumer credit, updating consumer credit legislation that had been in place since the 1970s, and making it more relevant to todays consumers.
Key changes to the act.
- Fairer agreements between the consumer and the lender.
- Ability to challenge exisiting, 'unfair' agreements.
- Affects agreements which are enforced under the 1974 Credit Consumer Act
Money is anything that is generally accepted as payment for goods and services and repayment of debts.[1] The main uses of money are as a medium of exchange, a unit of account, and a store of value.[2] Some authors explicitly require money to be a standard of deferred payment.[3] The term "price system" is used to refer to methods using commodity valuation or money accounting systems. The word "money" is believed to originate from a temple of Hera, located on Capitoline, one of Rome's seven hills. In the ancient world Hera was often associated with money. The temple of Juno Moneta at Rome was the place where the mint of Ancient Rome was located.[4]. The name "Juno" may derive from the Etruscan goddess Uni (which means "the one", "unique", "unit", "union", "united") and "Moneta" either from the Latin word "monere" (remind, warn, or instruct) or the Greek word "moneres" (alone, unique).