I have been trying to sort things for a while and have made great strides in the past with other credit cards debts, but seem to hit a brick wall with a MINT credit card debt.

I am seeking views on what I approach I should take next with a MINT debt of £10k?

In 2007 I went via a debt management company (which has since gone bump) in trying to settle and sort debts - some of which resulted in FULL and FINAL settlements. Mint at this time refused to consider offers of settlement - other debts since, I have also done FULL and FINAL settlements myself.

However one debt which is hanging seems to be that of MINT - the debt doesn't appear on any Noddle or Experian credit reports, and defaulted in 2006/7 so the six years is up.

During the time of the debt it has passed via many debt companies such as Newmans, Wescot, Capquest to name but a few, Currently it's back with MINT who send me monthly credit card statements.

Over the recent few years things got worse financially (due to many reasons) which resulted in me then going via Step Change who only provide me with a income and expenditure and advisement of - "clearly you cannot afford to pay anything but try and pay your debtors a token £1 payment when and where you can". (they do not manage or deal direct with debtors on my behalf)

In a review when I passed my income and expenditure to Wescot, they said even though I have be paying £1 they could no longer accept this I quite clearly I could not afford it, and would therefore refer back to the client. Time when by and then I was notified the matter had been passed to Capquest and the same happened in that I provided the Step Change income and expenditure and again they said they could take no payments as clearly I couldn't afford it and they'll refer the matter back to the client.

Nothing has been paid against this debt for about 18 months.

After a while I then heard back from MINT direct (early 2015) who asked for a income and expenditure which I supplied and who they themselves say I cannot afford to pay anything and they will note their system accordingly and they will get back in touch.

Since that time, all I get is a monthly credit card statement and I am now wondering how to approach this matter or should I ignore it?

I would not wish the matter to result in a CCJ as I have managed thus far to avoid CCJ's whilst I have been trying to sort things out. I am unsure weather to be proactive even though nothing much (if anything) has changed in my affordability.

Not sure how long I have had the MINT card but I can find statements back to 2003, but have a feeling I may have had it even longer

Any help would be appreciated

Well if it isn't showing on your Credit files then 6 years has passed since they placed a default marker on the file.

However, you have apparently been making payments to them up until 18 months ago and have also acknowledged liability by providing them with an income and expenditure statement. So the debt cannot be statute barred

If they have agreed that your financial circumstances are such that you are unable to make payment and you have this in writing, I don't see them issuing a claim against you.

Unless, do you have your own property ? If not, and your circumstances are unlikely to change any time soon, then I guess you could ask them to write the debt off - although £10,000 is quite a lot and they might just be prepared to hang in there in the hope that you win the lottery ?

Thanks citizenB for the reply

I do not have any written acceptance or notification from them concerning my financial circumstances - only verbal during a telephone conversation which they instigated in early 2015.

Yes I do own a house so do you think they hanging in to target this avenue latter?

I agree, it would be foolish of them to try any court action if they know of your financial situation, unless of course you own a property?

IMO I'd ignore them until your situation improves, but would be inclined NOT to make any further token payments as it will drag on for years to come.

sar time

how much of this debt is PP/Penalty charges etc etc too.

on a side note

I really do hope you sent a CCA request to everyone before you started to settle with them.

esp powerless DCA's.

dx

Hi Bazooka Boo & dx100uk

Thinking that this debt will not just go away,

what I wished to do was try to find some sort of resolve ASAP as I wish to try and get back on an even keel,

but realising that I do not have the resources to to pay the debt in full or regular payments.

No a CCA request has not been sent to MINT

- so is that something I could do /or need to do to try and sort this matter out?

Or has the act of me providing income and expenditure voided this route of action?

I cannot see any PPI payment made in relation to this card, however I should imagine there are late payments charges etc

I have a feeling that although the MINT debt is over 6 years old, you may have inadvertently resurrected it by starting to make payments, even though you haven't made a payment for 18 months. If I am right then a new 6 year period will commence once a new default is registered - maybe a Clever Cagger will shed light on this point.

no CCA will put you in a far stronger position to offer an F&F.

dx

Hi dx100uk

Could you please clarify what you mean by - no CCA will put you in a far stronger position to offer an F&F

thanks

He means that by sending a CCA request it will either put it to bed once and for all, or they will come up with the agreement, either way a CCA request should be sent.

If they don't have a valid CCA then you can offer them a low F&F, instead of being cash cowed.

Just to correct Miss Hope, once a default has dropped off the CRF then it can never be placed on the file again, it has outlived it's six year life, so there is no worries about them adding anything on the OP's CRF, if they did, then this would be money in the OP's pocket on successfully suing them for defamation.

All that has happened is that they have another 4 or five years in which to try and take legal action as with any payment it restarts the limitation clock, hence why paying them the legal token payment of £1 a month, isn't advantageous to the OP.

Hi Bazooka Boo

Thanks for clarifying the point made by dx100uk - I will send a CCA Request.