![Voluntary Termination](https://img-cdn.financeunlocked.com/headers-images/financeunlocked/2.jpg?ik-sdk-version=javascript-1.0.3)
Voluntary Termination
In the UK, borrowers have rights under section 99 of the Consumer Credit Act 1974 to terminate hire purchase etc agreements with lenders. This is known as voluntary termination. In the context of employment, voluntary termination is when a company employee resigns