Hi,

I know this has probably been asked before but I have my only default to come off on on 5th January 2015.

Will it make a big difference to my credit file,

especially as i dont intend on getting/having anything on credit in 2014...

If this is the only negative point on your CRA file it may not have a dramatic impact on the credit ''score''.

All else will depend on the status of the remaining accounts..

Hello,

Id like some advice please.

Ive just sent back the paperwork to stepchange which they have received and are processing.

I have the 4 following debts...... but 3 are mine and the last one is in my nme but was opened fraudulently ( thats another story )

AquaCredit card : £4400

Hitachi Capital Finance: £5070

Vodafone: £214

FashionWorld: £170

Stepchange tell me my payment amount will be £114 each month.

MY question is :

Is it possible i can get some of this debt written off....and which company do i use to help me with this.....and do they charge for this?

Did you run through information on these debts with Stepchange ?

If yes, then Stepchange should have thought about any debt relief solution that might have helped and decided none was available to you, because of income, assets etc.

But tell us more about these debts and your current circumstances.

There is no magic debt write off solution out there, which does not have an element of pain. E.g DRO, Bankruptcy.

YES ... stepchange are aware. £114 a month is do-able for all 3 debts..

I only live in rented accommodation...council... I ran up my credit card then took the loan out from Hitachi to clear it....then I got divorced and moved into new avcomifation that needed decorating so I ended up spending again.

My own stupid fault admittedly.im over my aquacard by 350 quid but that is purely interest and OL fees

three of those need a CCA request

What the CCA reques for?

A CCA request forces them to provide the signed agreement etc

Without it bugger off you fleecers!!

Do dca's own your debts now?

No not reached DCA stage yet.....

when did you take the account out please?

Aqua credit card was September 2013 but never had trouble paying until 4 months ago...

Hitachi was Jan 2016.

Vodafone March 2016

Fashion world....wasnt done by me but was done in my name by which I exchanged property with.... July 2016

Step change website tonight showed us be better off going for bankruptcy but i do t have nearly 700 quid to do it else I would ....

ok little point in cca requests then

an sar to each lender might throw up penalty charges or PPI to reclaim.

but for pity sake dont use a reclaims company

they have no more clout than you or me

and take 50% of your reclaims

Hello all,

I was on a repayment plan with Cabot , initially £30 a month then I raised it to £50. 

Today I received a letter saying they have reviewed my account would like to increase it to £64.

They go on to say they make routine reviews and also when they do this, they make additional checks which includes credit bureau information.

I am not happy to increase the payment but there is no option to decline.

I am afraid that if I don’t accept, they will stop the current plan and begin to pile interest.

Current balance is £3052.52.

Anyone know what I can do in this situation?

Thanks 

why are you blindly paying a dca anything and being a DCA cash cow?

whats the debt all about?

dx

They have frozen all interest and this is why I agreed to make payments. I literally just want it gone and out the way. My account was defaulted in the end.

It was Aqua card but I couldn’t find my previous posts ,as they’re quite old,  to add this to.

so still doesn't mean you blindly pay a powerless dca...

they are NOT BAILIFFS.

how old was it...when did you take the card out?

it will never be gone whilst you blindly pay a DCA and run the statute barred date to infinity..

ever sent these fleecers a CCA request?

even thought...why did aqua sell my debt on for 10p=£1 toa DCA and not take me to court and crush me.??? urm..i wonder why....

How are you making payment...Direct Debit ?   Switch it to a standing order of £50.00 ...and inform them same and that you are not in agreement with their review or increase.....particularly during the current climate...leave as is.

Andy

I pay by Standing Order

Aqua closed the account and it opened with Cabot.

So how else am I supposed to pay it back?

Been on a repayment plan for 3 years and few months and they never reviewed it until now.

so what’s your advice from now then dx?

24 minutes ago, yesilgozlerim said:

I pay by Standing Order

Then they cant alter it anyway......only you can change the amount...ignore them.

20 minutes ago, yesilgozlerim said:

Aqua closed the account and it opened with Cabot.

So how else am I supposed to pay it back?

 

Been on a repayment plan for 3 years and few months and they never reviewed it until now.

 

so what’s your advice from now then dx?

 

no newday? sold the debt to cabot for 10p=£1, but ofcourse cabot are after the full amount forgetting the discount sum they bought it for.

send cabot a CCA request and stop being a DCA cash cow..

But When they send me CCJ threatogram and add all kinds of charges so what I paid already would have been for nothing.

For the cheek of their letter, I feel like reducing it to £1 and leaving at that forever.

you are learning ..paying for nothing,,well not true..

you are paying for their drinks down the pub every night with your free money..

send a CCA request.

stop being scared of people with no more legal powers than you or i.

open

today I received the following email from Cabot.

What do I do now ?

nothing

and block/bounce all enail addresses

you did send the CCA request?

dx