DTB Investments

Have you responed to a TV or newspaper advert during the last couple of years from companies offering to lend you money to repay your debts by consolidating your existing loans?

If so, you may be the victim of Irresponsible Lending.

Your loan company should have checked certain facts to establish if the loan was suitable for you;

• They should have properly assessed whether the payments were affordable relevant to your income
• The total loan repayments should have been less than 40% of your monthly take home pay.
• This 40% figure includes any mortgage payments
• They should have asked you for details of any pre-existing mortgage or loan

If they didn't follow the correct procedures you may be entitled to receive compensation.

To discuss your own situation with a specialist adviser call us on 01384 397260.