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Can I cancel credit agreement. Credit company changed the amount
On 19th January I signed an agreement for a fitted Kitchen for £11,000. This was on an interest free loan. Today 18th February I recieved a letter stating that I must have insurance. The balance is now £12,287 . The kitchen is not due to be fitted until March. Can I cancel the agreement ? At no time was I informed of the extra charges.
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For more on marking an answer as the "Best Answer", please visit our FAQ.I don't believe you can cancel, please read the small print in the contract that you have signed, you should have a cooling off period which could be 14 day's. But I also believe that the company is in breach of it's contract, if they have added this extra £1287.00 to the contract, also far as i know it is up to you if you want insurance Go to the citizen advice office for further advice.