Unenforceable Consumer Credit Agreements

Money paid under a non-binding agreement is effectively paid in accordance with a legal obligation: it is not money paid for a non-existent or totally missed consideration, nor money paid on the basis of an error of fact or law. Furthermore, the unavailability of the agreement did not justify an unfair relationship to render the agreement unenforceable under Section 140 of the Act. in the case of deposit contracts, any description of the item pledged. .