Gold Loan, Gold Loan Rate Per Gram in India, Jewel Loan Calculator, Muthoot Fincorp, muthoot finance ltd.#Muthoot #finance #ltd


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Muthoot finance ltd

Muthoot finance ltd

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  • Muthoot Special gold loan



  • Online Loan

Muthoot finance ltdFill Up:

Gold Loan Calculator

*These are indicative figures, for exact amount / grammage, pls contact your nearest Muthoot Fincorp Branch.

Enter the Amount required or the weight of gold in grams

What documents do I need to produce?

Original proof of identification. Any of the following are acceptable:

  • Passport
  • Govt of India election ID card with address proof
  • PAN card and address proof
  • Driver’s licence
  • Any Govt departmental ID card
  • We are bound by and follow KYC norms as per the regulator’s guidelines

Interest Rate structure *

-Kerala & Outside Kerala- upto Rs 200000

(Max. Tenor 9 months)

Outside Kerala Abv Rs. 200000/

( Max. Tenor 9 months)

M14 – 70% of LTV Maximum amount-

80% OF LTV Maximum amount-

Maximum amount-As per approval

Max. Tenor for all MIP products is 12 months.

Minimum- Rs 2,00,000

(Max. Tenor is 6 months)

Maximum- Rs 1,99,999

(Max. Tenor 6 months)

Minimum -Rs 10000

Maximum- Rs 5,00,000

(charged only for the first pledge)

(Max. Tenor 6 months)

2. In all cases interest slab will shift back to original rate at which the loan was availed if interest is paid up to date along with additional charges if any from the date of clearance of default

3. Service Taxes as applicable will be collected extra along with processing fee.

Minimum : Rs 5,000

Maximum : Rs 50,000

Collection cum Service Charge: 1% of loan amount

or Rs.150 whichever is higher.

Minimum : Rs 5,000

Maximum: Rs 15,000

Collection cum Service Charge: 1% of loan amount or Rs.150 whichever is lower.

Processing charges :Rs.150/- Serv. Tax

Collection cum Service Charge: 1% of loan amount or Rs.150 whichever is lower.

* All interest rates mentioned are p.a only

Write to Us

What is Gold Loan?

Loan granted against security of gold ornaments is commonly called as Gold Loan.

Who is eligible to avail a Gold Loan?

Any individual above the age of 18, can avail a Gold loan by submitting the required gold ornaments for pledging and by providing necessary KYC documents.

Do I need a guarantor?

No guarantor required.. The only security required to avail a gold loan is the gold ornaments to be pledged

What is the minimum/maximum tenor of the gold loan?

The minimum tenor for our gold loan is 1 day and maximum tenor for our gold loan is varies from scheme to scheme each loan has a different tenor (please refer to table below).

What type of gold can I pledge to avail the gold loan?

You can pledge any type of gold jewelry / gold ornaments with us. This includes items such as necklaces, rings, bracelets etc. We cannot take gold coins / bars for pledging purpose.

How can I repay my loan? What different options are available for the repayment?

Our gold loans can be repaid in a flexible manner. You can repay the loan at any of our branches by cash or cheque. Or through RTGS facility. We have recently launched E Pay facility which is an online payment facility where the customer can pay by Debit card or net banking.

Can partial payment be made for the gold loan?

Yes you can do partial payments or bullet payments as per your convenience till completion of loan tenor.

How and when can I get back the pledged gold jewellery /ornaments?

You can collect the pledged gold after making complete repayment of the loan from the branch where it has been pledged. Failure to repay the loan will result in Muthoot Fincorp Ltd. forced to settle the dues through Auction process after sending due and timely intimations to customers and through public notifications in newspaper

What is the minimum limit on your gold loan?

The minimum amount of our gold loan is Rs 1000/- or loan equivalent to 2 grams of gold pledged as per latest LTV . Daily LTV is uploaded in our site.

Is there any maximum amount restriction?

No, there is no restriction on maximum gold loan subject to necessary approvals.

Why should I take Gold loan from Muthoot Fincorp Ltd. when there are other loan options available?

Gold is one of the most liquid precious metals and a customer can avail Gold loan when there is a need. Gold loan is now being preferred by many of our customers due to variety of reasons, primarily:

  • Quick loan approvals and disbursals, with minimal documentation and formalities
  • It is one of most convenient loan to be availed in case of emergency
  • Easily available asset with most of households in India.
  • Multitude of loan options available with higher LTV
  • Greater accessibility due to better penetration.
  • Convenient Hours of operation
  • Flexibility – provision of very small and large loan amounts

What are the benefits of taking a Gold Loan from Muthoot Fincorp Ltd.?

  • Quick Loan disbursal
  • Pre-payment /Part payment options available -without any penalty
  • Minimal documentation
  • Instant Gold evaluation
  • Strong rooms for providing safe custody for gold ornaments

Is my Gold jewelry /ornaments safe with Muthoot Fincorp Ltd.?

Yes it is. We understand the sentiment attached to your ornaments and therefore we are storing your gold ornaments in safes under dual locking facility inside strong rooms .We also have installed CCTV cameras to enable round the clock surveillance in our branches.

How can I apply for a Gold Loan with Muthoot Fincorp Ltd.?

You can avail Gold Loan by just walking into any of our branches with Gold ornaments of required purity .The customer service executives in our counters will collect your KYC documents and guide you through the rest of the process.

How much can I expect for my gold?

This depends on the rate of gold (applicable Loan to Value rate- LTV) on that date and the purity of gold ornaments. Please contact your nearest MFL branch for right information in this regard.

How can I contact Muthoot Fincorp Ltd. if I need more information?

You can reach us at 1800 102 1616, (call center) or click here for contact us page. You can also get to know us better or voice your opinions/ views on our Facebook and twitter pages

Muthoot finance ltdMuthoot Special Gold Loan Muthoot finance ltd

Benefits To Customers

  • Highest LTV with interest as low as 15%.
  • Minimum Pledge value Rs 2lakhs & above
  • Interest rates at par or better than Bank interest rates.
  • No minimum days of interest.
  • Easy documentation.
  • Repayment can be done across any Muthoot Fincorp Branches.

Muthoot Special Gold loan is best suited for customers who require higher loan amounts and are very sensitive to interest rates. These loans are ranging from 2 lacs and above.


Repco Home Finance Ltd, REPCOHOME: NSI forecasts #finance #homework #help


#repco home finance

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Hippo Vehicle Solutions Ltd #blacklisted #car #finance


#business car finance

#

Hippo Vehicle Solutions Ltd

Business lease cars are a vital component to your companies’ day to day success. Since 2007 we have sourced and delivered large business lease fleets as well as individual lease cars or vans for smaller businesses. These consist of combinations of new and used cars or vans from any manufacturer. Whatever it is your business needs we can supply the perfect solution to your motoring needs.

Leasing your vehicles has lots of benefits including your budget going further so you can afford a better quality vehicle and you will have no need to worry about vehicle depreciation. A lot of companies like the benefit of being able to frequently upgrade their vehicles on a lease deal and simply handing back the vehicle is much simpler than attempting to sell privately. As well as the aforementioned you can save on upfront costs by opting for a deal with no deposit.

We have over 3,000 business car lease deals on our site at any one time with access to any make or model. Hippo Leasing’s account managers are well trained in all aspects of lease options such as contract hire, business contract purchase, lease purchase and more.

To get some information about how we can help you and your business with your fleet requirements contact us or enquire via a form within your desired vehicle.

Makes

Categories

Price range

Top deals

Skoda, Citigo Hatchback 1.0 MPI S 5dr

79 .16 + VAT monthly rental
495 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £495 Plus VAT + 47 Payments

Annual mileage: 10000

1 litre Petrol Manual

Call us now on 01254 956666
Quoting reference DBCHC-110085464

Volkswagen, Up Hatchback 1.0 Take Up 3dr

86 .97 + VAT monthly rental
495 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £495 Plus VAT + 47 Payments

Annual mileage: 10000

1 litre Petrol Manual

Call us now on 01254 956666
Quoting reference DBCHC-30122664

Vauxhall, Corsa Diesel Hatchback 1.3 CDTI [95] ecoFLEX Design 5dr

132 .97 + VAT monthly rental
495 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £495 Plus VAT + 47 Payments

Annual mileage: 10000

1.2 litre Diesel Manual

Call us now on 01254 956666
Quoting reference DBCHC-104110455

Vauxhall, Astra Hatchback 1.4i 16V Design 5dr

139 .99 + VAT monthly rental
495 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £495 Plus VAT + 47 Payments

Annual mileage: 10000

1.4 litre Petrol Manual

Call us now on 01254 956666
Quoting reference DBCHC-30333661

Volkswagen, Scirocco Coupe 2.0 TSI 180 BlueMotion Tech R Line 3dr

178 .62 + VAT monthly rental
1071 .72 + VAT initial rental

Contract term: 24 months

Rental profile: 6 + 23

Annual mileage: 10000

2 litre Petrol Manual

Call us now on 01254 956666
Quoting reference DBCHC-117923753

Mercedes-Benz, C Class Diesel Saloon C200 CDI Executive SE 4dr

207 .97 + VAT monthly rental
495 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £495 Plus VAT + 47 Payments

Annual mileage: 10000

2.1 litre Diesel Manual

Call us now on 01254 956666
Quoting reference DBCHC-112404531

Audi, A3 Diesel Sportback 1.6 TDI SE 5dr

216 .97 + VAT monthly rental
495 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £495 Plus VAT + 47 Payments

Annual mileage: 10000

1.6 litre Diesel Manual

Call us now on 01254 956666
Quoting reference DBCHC-27575317

Mercedes-Benz, A Class Diesel Hatchback A180 CDI Sport 5dr

223 .97 + VAT monthly rental
495 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £495 Plus VAT + 47 Payments

Annual mileage: 10000

1.5 litre Diesel Manual

Call us now on 01254 956666
Quoting reference DBCHC-67575190

BMW, 1 Series Diesel Hatchback 116d Sport 5dr

224 .97 + VAT monthly rental
495 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £495 Plus VAT + 47 Payments

Annual mileage: 10000

2 litre Diesel Manual

Call us now on 01254 956666
Quoting reference DBCHC-13243258

BMW, 3 Series Diesel Touring 320d EfficientDynamics 5dr

282 .97 + VAT monthly rental
495 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £495 Plus VAT + 47 Payments

Annual mileage: 10000

2 litre Diesel Manual

Call us now on 01254 956666
Quoting reference DBCHC-114605501

Land Rover, Range Rover Evoque Diesel Hatchback 2.2 eD4 Pure 5dr 2WD

304 .97 + VAT monthly rental
995 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £995 + 47 Payments

Annual mileage: 10000

2.2 litre Diesel Manual

Call us now on 01254 956666
Quoting reference DBCHC-114607246

Maserati, Ghibli Diesel Saloon V6d 4dr Auto

492 .97 + VAT monthly rental
1995 .00 + VAT initial rental

Contract term: 48 months

Rental profile: £1995 Plus VAT + 47 Payments

Annual mileage: 10000

3 litre Diesel Automatic

Call us now on 01254 956666
Quoting reference DBCHC-113267178

Business Contract Hire or business car leasing is a common way for businesses to drive well maintained used or new vehicles on a lease agreement.

It is a great way to drive better specification vehicles for lower monthly payments without having to consider the cost of depreciation. Lease agreements typically last between 24 and 48 months, the longer you tend to keep the vehicle the lower your monthly payments.

The payments attract VAT of which for cars 50% and for commercial vehicles 100% of the finance element is reclaimable, 100% of the VAT for any maintenance payment is reclaimable. The rental payments are also classed as a true business expense so can be wholly offset against corporation tax.

Hippo Leasing have the widest selection of cars available for business leasing and if you can’t find exactly what you’re looking for on our website, we will find it for you.

All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.

Registered Office. Trident Park Trident Way, Blackburn, BB1 3NU

Registered in England & Wales with company number. 06215364 | Data Protection No. Z1246427 | VAT No. 912667322

Hippo Leasing is a trading style of Hippo Vehicle Solutions Ltd (Company Number: 06215364) Hippo Vehicle Solutions is authorised and regulated by the Financial Conduct Authority FRN:658076. Hippo Vehicle Solutions Limited trading as Hippo Motor Group, is an Appointed Representative of Autoprotect MBI Ltd for insurance mediation purposes. Autoprotect MBI Ltd is authorised and regulated by the Financial Conduct Authority. its firm reference number is 312143. We are a member of the BVRLA and you can contact them via post, here: BVRLA, River Lodge, Badminton Court, Amersham, HP7 0DD.

We are a broker not a lender and our registered office is Trident Park, Trident Way, Blackburn BB1 3NU. Our contract number is 01254 919000

Copyright 2016 Hippo Vehicle Solutions Ltd, All rights reserved.


SUSHIL FINANCIAL SERVICES PVT LTD s Complaints at BSE, NSE and MCX #reconstruction #finance #corporation


#sushil finance

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SUSHIL FINANCIAL SERVICES PVT LTD’s Complaints at BSE, NSE and MCX

Sushil Financial Services Pvt Ltd (Sushil Finance) was founded in 1982 and acquired membership of BSE in the same year. The company is amongst the leading stock broking houses engaged in offering services such as trading in equities/derivatives/currency/ commodities, online trading, MFs & IPOs, institutional equities, insurance, depository, NRI/QFI services and loan against shares among others. It holds active membership of the cash and derivative segments of NSE and BSE. It is also a DP with CD.

Complaint against SUSHIL FINANCIAL SERVICES PVT LTD By Financial Year

Contact SUSHIL FINANCIAL SERVICES PVT LTD
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List of consumer complaints received for SUSHIL FINANCIAL SERVICES PVT LTD by its clients at BSE and NSE. These are some of the serious grievances which were not resolved by the brokers and the customer of SUSHIL FINANCIAL SERVICES PVT LTD filed a legal complaint against them.

The list also shows the number of active clients trading member SUSHIL FINANCIAL SERVICES PVT LTD has by the exchange and financial year. The data is provided by the exchange and update on quarterly. Please visit stock exchange’s for latest updates.

Summary of complaints received against brokers


Company Profile for Manappuram Finance Ltd #nuvell #auto #finance


#manappuram finance

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Profile: Manappuram Finance Ltd (MNFL.BO)

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Sundaram Finance Ltd, SUNDARMFIN: NSI forecasts #finance #company


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All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

Any information that you receive via FT.com is at best delayed intraday data and not “real time”. Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions .

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The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.


Capital Finance One – InControl Debt Solutions Ltd #auction #finance


#capital finance one

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We can help with your Capital Finance One debt

If you owe money to Capital Finance One and are struggling with one or more other debts, a Debt Management Plan with InControl could be the solution for you.

As one of only a few companies able to offer the new Protocol Compliant Debt Management Plans. using InControl to manage your debts will help you in a number of ways;

  • Capital Finance One and your other creditors must give you a breathing space of 30 days
  • Capital Finance One and your other creditors must suspend collection activity whilst we prepare your debt management plan
  • Capital Finance One and your other creditors should accept our proposals for repayment
  • Providing you maintain payments into your Protocol Compliant DMP, there is no need for Capital Finance One and your other creditors to contact you again until you are debt free.

Call us today on 0800 072 6623 or fill in the Quick Debt Help form on the right.

We will complete a free financial assessment and (subject to you qualifying for a Protocol Compliant DMP) we will send you a debt management pack to complete and return to us.

We aim to stop further action (including interest and charges) from your creditors within 48 hours of receiving your paperwork.

Useful links

Number of InControl clients with this debt: 7

Capital Finance One is a payday lender.We have noticed a sharp increase in the number of people seeking help with multiple payday lenders such as Capital Finance One over the last few years.Payday lenders charge incredibly high APR’s sometimes as much as 4000% but the term of these loans are so short that it’s difficult to draw comparisons to traditional credit accounts using the APR rate.

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Case Comment: Plevin v Paragon Personal Finance Ltd 2014 UKSC 61 – UKSCBlog #rim #finance


#paragon personal finance

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UK Supreme Court Blog

This appeal arose in the context of a payment protection insurance (“PPI”) dispute between Mrs Plevin (the respondent) and Paragon Personal Finance Ltd (the appellant). Briefly, PPI covers the repayment of specific borrowings (such as repayments under a personal loan or credit card) on the occurrence of an insured event (such as sickness, injury or unemployment) and was often to sold to consumers at the time of their taking a loan, with a one-off premium paid up-front and rolled into the capital sum borrowed. Typically, it would result in a high commission for the intermediary arranging the PPI and, as has been widely reported, many policies were mis-sold.

Sections 140A to 140D of the Consumer Credit Act 1974 apply to personal loans and PPI and, in particular, empower the courts to re-open a credit agreement which is alleged to be unfair to the borrower on the basis of:

1. the terms of the agreement, or an related agreement;

2. the way in which the lender has exercised or enforced his rights; or

3. anything which is done, or not done, “on behalf of” the lender (section 140A(1)(c)).

In addition, the Insurance Conduct of Business Rules (the “ICOBR”) – which regulate the insurance industry – require an intermediary making a “personal recommendation” to a consumer in respect of an insurance contract to take “reasonable steps” to ascertain whether the recommended insurance is suited to the consumer’s needs. There is no requirement to disclose commissions under the ICOBR.

In 2006, Mrs Plevin took out a personal loan for £34,000 with Paragon through an intermediary, an independent credit broker called LLP Processing (UK) Ltd. In addition to the loan with Paragon, LLP proposed that she take out PPI with Norwich Union, Paragon’s designated insurance partner. The PPI premium of £5,780 was then added to the amount of the loan. Of this premium, 71.8% was commission and was shared between LLP (£1,870) and Paragon (£2,280), with the remainder being paid to Norwich Union. Mrs Plevin was neither informed of the amount nor the recipients of the commission.

Mrs Plevin argued that the non-disclosure of these commissions, coupled with a failure to identify whether PPI was suited for her needs, resulted in an unfair relationship between her and Paragon. She stated that, to the extent LLP had committed such defaults, it had done so “on behalf of” Paragon. This, she argued, engaged the provisions of section 140A(1)(c) of the Act and rendered her relationship with Paragon unfair.

Mrs Plevin initially brought her case against both Paragon and LLP. The claim against LLP was settled for £3,000 but the case against Paragon proceeded to be heard in the Manchester County Court and subsequently the Court of Appeal ([2013] EWCA Civ 1658 ).

It was held in both the County Court and the Court of Appeal that the non-disclosure of the commissions by LLP and Paragon did not render the relationship unfair. In both cases, the court applied the decision in Harrison v Black Horse Ltd [2012] Lloyd’s Rep IR 521, which found that a failure to disclose the commissions did not result in an unfair relationship as the ICOBR did not impose a statutory obligation on the lender to do so.

However, the Court of Appeal, in contrast to the earlier decision of the County Court, found that a failure by LLP to assess Mrs Plevin’s suitability for PPI created an unfair relationship as LLP’s omission was done (or not done) “on behalf of” Paragon. Paragon subsequently appealed to the Supreme Court, which heard the matter on 11 and 12 June 2014.

Supreme Court Decision

The Supreme Court unanimously dismissed the appeal. In the lead judgment, Lord Sumption (with whom Lady Hale, Lord Clarke, Lord Carnwath and Lord Hodge agreed) held that the non-disclosure of the commissions and the identity of those receiving them rendered the relationship unfair under section 140A(1)(c) of the Act. The failure to conduct a suitability assessment, however, did not.

The Supreme Court’s reasoning was as follows:

Non-disclosure of the commissions

Lord Sumption held that the decision in Harrison v Black Horse Ltd. the leading Court of Appeal authority, was wrong. The court’s determination of fairness may be influenced by the standard of commercial conduct which is to be reasonably expected of the lender and whilst the ICOBR were evidence of this standard, they could not be conclusive as to questions asked by section 140A of the Act. Rather, they serve different purposes. The ICOBR impose a minimum standard of conduct, whereas section 140A of the Act is concerned with whether the lender’s relationship with the borrower was unfair. The relationship may be unfair for a number of reasons which do not necessarily require a breach of duty. As such, section 140A introduces a broader test of fairness which is to be examined and determined by the court, taking into account a wider range of considerations.

With this in mind, the non-disclosure of the commissions to Mrs Plevin rendered the relationship unfair. An inequality of knowledge between a creditor and a debtor is a “classic source of unfairness” (Lord Sumption at paragraph 18 of the judgment) and whilst Mrs Plevin was taken to have known that some commission would be payable to LLP, at some point commissions may “become so large that the relationship cannot be regarded as fair if the customer is kept in ignorance” (ibid.). These commissions had gone far beyond that tipping point and had Mrs Plevin known about them she might well have questioned the value for money of taking out the PPI. The responsibility to disclose the commission payments lay with Paragon, as they were the only party that could have known the full extent of them.

Failure to conduct suitability assessment

Lord Sumption found that Paragon “could not have reasonably been expected to conduct its own suitability assessment and advise Mrs Plevin accordingly” (Lord Sumption at paragraph 26 of the judgment). Whilst the absence of a regulatory duty cannot be conclusive in determining fairness, in this context Lord Sumption held that it was highlight relevant. The ICOBR impose a duty to conduct a suitability assessment but imposes such duty on the intermediary – in this case, LLP – as this is the party dealing directly with the consumer. As such, Paragon could not have been reasonably expected to perform a function which the relevant statutory code assigned to someone else.

In contrast to the Court of Appeal decision, however, Lord Sumption held that LLP’s failure to conduct the suitability assessment was not something done “by or on behalf of” Paragon. The words “on behalf of” import agency and LLP were not acting as Paragon’s agent. There was nothing in the statutory context to suggest a wider interpretation. Further, the words “by or on behalf of” refer to things done or not done either by the lender itself, or by somebody else whose acts or omissions engage the lender’s responsibility as if the lender had done them or not done them itself. In addition, the Act extensively imputes responsibility to the lender for acts or omissions of other parties who are not (or who are not necessarily) acting as agents; when it does so, it does so in clear and obvious terms. Finally, if the words “by or on behalf of” extended beyond an agency (or deemed agency) relationship, there would be no coherent criteria (statutory or otherwise) for determining what, if any, connection was required between the lender and the acts or omissions causing the unfairness.

As a result of the non-disclosure, the relationship between Mrs Plevin and Paragon was unfair and the agreement could be re-opened. The case was therefore remitted back to the Manchester County Court to decide what relief, if any, should be ordered.

It is perhaps unsurprising that the Supreme Court dismissed the appeal. Indeed, Lord Sumption stated that the standard of fairness in a debtor-creditor relationship is a matter for the court, on which it must make its own determinations (paragraph 17 of the judgment). In doing so, the court will look at the characteristics of the debtor including their sophistication or vulnerability and the facts which he or she could reasonably be expected to know or assume.

This is good news for consumers who may have purchased complex financial products like PPI. There is almost universally an imbalance of power and knowledge in creditor-debtor relationships and whilst certain provisions of a credit agreement are not necessarily always unfair, the Supreme Court has gone some way in redressing the balance. Consumers may be able to point to the relevant provisions of the Act to re-open certain transactions, and lenders may need to carefully consider the information that they provide.

It is not all bad news for lenders; they will only be liable for the acts or omissions of a third party intermediary under section 140A(c) where there is an agency (or deemed agency) relationship.

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Plevin v Paragon Personal Finance Ltd – Supreme Court Decision #abacus #finance


#paragon personal finance

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Plevin v Paragon Personal Finance Ltd Supreme Court Decision

The decision of the Supreme Court in Plevin v Paragon Personal Finance Ltd last week has significantly changed the law on unfair relationships under ss.140A-140C of the Consumer Credit Act 1974.

Paul Skinner s Alerter provides an analysis of most of the key points.

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ASHOK LEYLAND FINANCE LTD #cash #finance #direct


#ashok leyland finance

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ASHOK LEYLAND FINANCE LTD

Previous company name

Name change date

Company Overview
The company is India s second largest non-banking finance firm. It is engaged in the provision of asset financing and comprehensive finance support packages for a range of automobiles and industrial equipment in India. The firm s core services include providing fund-based financial services, such as leasing and hire purchase, fixed deposits, leasing, bill discounting, securitization, and loans against shares. The company was founded in 1982 and is located in Chennai, India.
It operates as part of the India-based Ashok Leyland Ltd. which is a leading commercial vehicle manufacturer and the flagship of the Hinduja Group in India. Ashok Leyland provides commercial vehicles with a product range of 7.5T GVW to 49T GTW in goods vehicles and 19 seaters to 80 seaters in passenger models. It produces approximately 77, 000 vehicles and 87,000 engines per annum, which are exported to more than 30 countries in Asia, the Middle East, Africa and South America.
Business Summary
this is a Finance Company.they provide financial services for customers.
Description and history
Ashok Leyland Finance Ltd is a Finance Company.

Business Line
Engaged in the provision of asset financing (specializing in leasing and hire purchase) and comprehensive finance support packages for a range of automobiles and industrial equipment in India
Subsidiary

Advisor
SNB ASSOCIATES
IPO date

US SIC Code
6099
Company Address
Sudarsan Building
86, Chemiers Road
City province or state postal code
600018, CHENNAI
Phone:
Fax:
Country address: INDIA
Website url: www.ashokleyland.com

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