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How To Cancel Premium Credit Agreement

If you buy a new car on a rental credit contract, the financial company will pay the garage for it. They pay the money in increments to the financial company, with interest. You should also contact Endsleigh if you wish to cancel your insurance policy. To get in touch, please visit our contact centre. The return of the vehicle to the workshop does not terminate the contract unless the garage and the financial company have given their consent. If you have received correspondence from Close Brothers Premium Finance in which you have indicated that your credit contract has been terminated, please contact your broker. You can also cancel and return something you pay for by renting. If you want to keep the goods, you have to pay for them in another way. If you have paid a down payment or partial payment for goods or services you have not yet received, you should get all your money back if you cancel. A $10 fee is levied on premium credits if they do not receive your signed credit contract until the date indicated in your welcome letters and emails (usually 28 days from the receipt of the agreement). Please take note of this to check your deadline. The $10 fee reflects the cost of premium credit if you are reminded to return the credit contract.

If you have already received money, you must repay it – the lender must give you 30 days to do so. If you have not signed the credit contract, you owe nothing. One option is to pay for your entire insurance with a debit or credit card. There are no fees for credit or debit card payments, but we do not accept American Express. You have 14 days to cancel once you have signed the credit contract. Contact the lender to let them know that you want to cancel your termination request, the so-called «announcement message.» It is best to do so in writing, but your credit agreement will tell you who to contact you and how. To change the bank details with which debits are paid or to change your debit date, please contact Premium Credit Ltd online at www.support.mypremiumcredit.com or call them on 0344 736 9814.

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