Well That was an interesting experience.

Was wanting to get a partial settlement and he initially said he could offer a 5% discount

and then he said the maximum was 10% so I wasn't interested.

He then wanted to go over my income to try and get me to pay more but obviously I wasn't interested in that.

Probably the least professional and useful debt collector i've ever spoke to.

Might be helpful for people who want a significant discount to know you're wasting your time.

Phoned capital one and they were willing to give me 30% but that's not as much as i'd want.

Maybe I'm expecting too much!

The question is, should you be paying anything at all?

Tell us about this debt please? Although we do not condone debt avoidance we do support making sure you know your rights.

What is this debt?

Type of debt? Credit card, loan, etc

When did the account get opened

When was the last payment made on it

Who owned the debt

Has the debt been sold to a DCA

Answers from these may be enlightening, along with where appropriate

Any PPI

Any Unlawful penalty charges (Credit cards)

They're both credit cards and I know I owe the debts.

I don't mind paying them off but I don't earn a lot so it's hard paying them off in one payment.

I'll just continue making my monthly payments for now

and I've already paid off two debts I owe so just three to go.

let us get one thing into your mind - the originator does not want to know you due to defaults etc so they sold your account on for PENNIES in the pound, the buyer buys for peanuts, and hope to make a fortune from your with their threatograms etc

Now is your alledged debt enforceable? i.e the correct paperwork as per legislation. any charges (illegal), PPi,

look to find out before all this I owe them monies, they could owe you in the end, hence Know your rights!

Whilst it is admirable that you're communicating with these powerless DCA's, it isn't actually going to work to your advantage engaging these fools over the phone.

You MUST keep everything in writing, as what they say to you over the phone, is a fabrication of their tiny minds, and will have absolutely zero comeback unless you are recording these calls?

The only time I ever ring them, with the help of Truecall of course, is to bait them and tie them up in knots.

How much of the debt is the cards fees and charges?

When did you take these cards out, pre or post 2007?

I know you're all trying to help but I really am happy to pay off these debts.

I was young when I ran up these debts and i'm a bit more sensible now.

I have now asked Lowell to reduce my payment amount

so I can put the money towards more important things at the moment.

I'm currently paying by direct debit and I expect them to say no and if so I plan to cancel the direct debit and pay by standing order so that i'm in control.

I'm not impressed with their attitude to be honest and all other debt collectors have been far more reasonable and helpful.

I would definitely change the Direct Debit to Standing order irrespective of whether they say yes or no to your reducing payments - as you say, it provides you with greater control.

If there are any default/late payment fees or PPI then you should consider making a claim for the return of these - even if they are only refunded to the accounts.

Thanks and I pay all my other creditors via standing order so I don't see the issue myself but lowell just like being difficult.

It will take about four days for a reply so I'll let you know what they say.

I know you're all trying to help but I really am happy to pay off these debts. I was young when I ran up these debts and I'm a bit more sensible now. I have now asked Lowell to reduce my payment amount so I can put the money towards more important things at the moment.

Like I say, it's admirable, and I'm not saying for one minute that you shouldn't pay what you owe, but how much of the total owed is fees/charges?

Asking them to reduce payments will be as much use as indicators on a submarine, they need telling, and you need to take control of them.

Credit cards (unsecured) are 'non priority' debts, so they come AFTER everything, including socialising.

Do they own these accounts or are they simply the gophers?

If they don't own the accounts, then there is no reason to pay them at all, and you should pay the OC direct.

Paying a DCA simply gives them profit to harass other debtors and stay in business, they need to jump through hoops before anything as risky as a direct debit is ever set up, they control your bank account, and if they sense you might be getting wise, then they can empty your account.

'All' the other DCA's (who?) are being reasonable and helpful because they know you're a cash cow, and they're not going to upset you for fear of losing their regular income, much better to appear malleable and compliant, rather than you finding out you only owe tens of pounds as opposed to hundreds, you don't seriously believe they have your best interests at heart do you?

Thanks and I pay all my other creditors via standing order so I don't see the issue myself but lowell just like being difficult.

 

It will take about four days for a reply so I'll let you know what they say.

They cannot insist that you pay them by direct debit ! Use the details you have for the DD to set up the standing order and it will get there.

Just an update, they accepted my change to a lower payment and by standing order, no questions asked. They even sent me a text asking for feedback on their customer service. Maybe they're changing their ways! haha

Just an update, they accepted my change to a lower payment and by standing order, no questions asked. They even sent me a text asking for feedback on their customer service. Maybe they're changing their ways! haha

Nope. Theyre laughing hard because you agreed to pay an unenforceable debt and are fully willing to be cashcowed. Why not take that money and burn it. It will achieve the same thing.

You could even save ALL your cash by sending a simple £1 CCA request to lowells.

mugged

dx

member of staff reported out on the binge with your commissions in Tokyo! do you see the light now???

Some debtors we can help see the light. Some debtors are blinkered. Some debtors just won't take advice. Finally some debtors think DCA'S are god. Oh how I wish they would listen to us!!! Lambs to the slaughter... blindly, willingly and blinkered to

sheep or lemmings!

Just remember everyone. We are only here to advise. It is up to the poster to take that info away and do what they want with it.