How long have you been paying £1 month for

about 3 years

i still pay that £1pcm to the original creditor rather than arrow

experian tell me as it is marked sold to fellow CAIS member both defaults will stay on the account for the 6 years although a lendor will see it is only one debt

The date of the debt is the inception of the original account, then as matters progress the date of the last payment or written acknowledgment, then default date, which is normally within 6 months of the last payment.

Hi

I have an old credit card taken out in 2005 . I have had financial difficulties and defaulted .

Since I have tried to negotiate a settlement with Arrow but they will not budge

Currently I pay £1 pcm on a 4k debt and am up to date

I have done a SAR and CCA and received both

The CCA was for a different account number ( my card ran for 5 years on the account number linked to the CCA.

Randomly in March 2010 it changed to a different account number

No new CCA was signed and no new card arrived.

I defaulted around a month later

Arrow have bought the debt with the new account number and I have been paying my payments to MBNA on the new account number

Should a new agreement have been signed by me when the credit card number changed ?

Thanks

yes CCA them

dx

I have CCA Arrow in 2012 and 2013 and each time they have displayed the CCA form for the 2005 card number

Who should I send a CCA to now Arrow or MBNA and should I state that I want a CCA specifically for the new card / account number and give them the date of the change of account ?

Many Thanks

Andy

simply send a CCA request

to arrows

Ok thanks

I did already send 2 cca to arrow in the past and they showed mr my signature from 2005 in the original card number .

I assume they will do the same if I do another cca .

Is there anything else I should draw their attention?

Thanks again

THEY MUST HOLD THE SIGNED CCA FOR THE CARD NUMBER THEY ARE AFTER MONEY ON

else no dice! you should not be paying them

cash cowed!

dx

in the SAR return from MBNA is there any ref to the change of card number

dx

Yes there are two forms stating the change of card number

the second form shows a further change of account number .

In other words my original card number was changed after five years

and then the account number also changed .

It's this account number arrow have bought .

Also in the SAR it shows all the transactions I did for five years in the new card number which I did not get for five years

I have all my old statements and the purchases I made were always in the original card number

Thanks

Andy

ok so there is a trail to the changed number from the OC

so I don't think you can dispute this.

ok so there is a trail to the changed number from the OC

so I don't think you can dispute this.

Thanks for looking at it

Hi All Merry Christmas

I have a debt with Arrow i had the letters offering discounted settlements .

We reach a stalemate when they ask for a financial statement and i refuse.

At this point i end the call unless they will budge.

The debt i pay £1pcm as per agreement with original lendor.

Therefore as i understand it they can not take me to court , yet they won't discuss a full and final .

I have written a long time ago and offered a full and final but it gets refused.

Any advice for tac tics to agree a full and final settlement

Thanks

They don't have to accept or offer a full and final. Remind them your payment was agreed with the original owner.

How much is the debt for ?

About 4,000 pounds and its around 4 years old .

That's a lot and it will take over 300 years to pay back. They may well take the court route unless you can show them you cannot afford any more. Asking for a FF also says to them that you have some money.

Who is the OC?

What was the original debt for, how much, when was it taken out, did you tell the OC that your were in financial difficulty

and what was their response?

Have they issued you with all of the documents they are required to?

DN, NOA, statement of account?

tell us all about the debt please

is this on your credit file?

have you sent arrows a CCA request?

how do you know they or anyone you are blindly? paying debts too

has any legal right to demand money from you?

dx

is this your MBNA debt with them

or

your EGG loan debt with them?

dx

Hi

This is an MBNA credit card

CCA and SAR done and complied with , I have an agreement with MBNA to pay £1pcm owing to falling in to financial difficulty.

Unless I am missing something everything appears legitimate.

I am working but for a lot less money these days and a debt charity will not cater for me with an arrangement to pay , simply because my incomings barely cover my outgoings .

I can borrow some money from relatives in order to attempt to pay off some of my debts , provided I can reduce my liabilities , otherwise I may as well owe Arrow .

Thanks

My EGG has been passed over to another DCA on behalf of Arrow

Both are on my credit file for another 2 years