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Termination letter for hire purchase agreement

You can use this letter to end a hire purchase or conditional sale agreement. You might need to do this if you can't afford the payments any more. Before using this letter, it might help to read our information about hire purchase and conditional sale agreements.






66 Heron Street
Willowshire
WL4 8HH
Liable Loans plc
123 Green Lane
Redshire
RE1 1ER
6 November 2013
Your reference: LL/ANO/Reminder1

Dear Sir/Madam
Account name: A.N. Other
Account number: 12345678
I hereby give you notice that I wish to terminate the above Hire Purchase agreement with immediate effect. I understand I have the right to do this at any time before the final payment is due, under s.99 (1) of the Consumer Credit Act. I also understand that my liability following termination will be calculated in accordance with s.100 of that Act.
Please let me know the arrangements for returning the goods. When they have been returned to you, please tell me if I have anything more to pay.
Thank you for your help and I look forward to hearing from you.
Yours faithfully,

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