Good morning all.

I have been reading some of the forums on here and decided to make an account after seeing how helpful everyone is in hopes of getting some valuable information from your selves.

I am 37 , borrowed to much money when I was younger, could not keep up with repayments and ignored everything.

I ended up on a DMP with a company who got the letters and phone calls to stop, much to my relief. Fast forward 8/9 years and my current status. I have paid 4 of my creditors and have 4 left.

Barclaycard. £1800. Link financial , taken out 2008

Morgan Stanley/Barclaycard £1300 link financial , taken out 2002

HSBC loan £6800. Idem servicing , taken out pre 2007

HSBC CC. £9000. Idem servicing , taken out pre 2007

HSBC OD. £1500 Idem servicing , taken out pre 2007

I have stopped paying my DMP company as I did not realise they were charging me to use them at £37.50. My own fault for not checking.

I have tried to negotiate a full and final payment offer , but the companies don’t want to know. So I stopped paying as of August 2017 I read about the 3 letter process and decided to take this route.

Link financial replied back “We do not accept letter templates and any future letters will be filed accordingly until further action”.

I have also sent a CCA request FEB 2017, Have not heard from them since.

Idem servicing have sent me a letter admitting we do not have any paperwork and cannot enforce in court but we will still be pursuing you for the total amount.

I just wanted some advice on what do next.

Thanks

The three letter process is a bit of a non starter, to be honest...

Have another read through the threads whilst you wait for the experts to arrive and comment.

" Link financial replied back “We do not accept letter templates and any future letters will be filed accordingly until further action”.

I have also sent a CCA Request FEB 2017, Have not heard from them since."

How coincidental...we advise posters to do the same with their template nonsense missives

Ignore them until they comply to your request...they are in default.

Andy

Thanks Andy and disgruntled,

You know you cant send a CCA for the HSBC OD. £1500 Idem servicing , taken out pre 2007

Just had 2 letters from idem servicing in reply to my CCA request

Letter 1 loan £6800, we are unable to supply you with a copy of the CCA and acknowledge that until we do so the agreement cannot be enforced, but the balance still remains outstanding. A list of payments have been sent dating from 15/11/2012 when I first stared paying idem.

Letter 2 CC/OD, In compliance with your request pursuant to section 77 of the CCA we enclose a copy of the executed credit agreement, copy of terms and conditions and a statement of account.

I cannot not see any agreement, just terms and conditions , and statements form when I started to pay idem 15/11/2012.

Some how idem have managed to merge my HSBC credit card and HSBC OD together, but they always quote my HSBC OD account number.

Any thoughts would be much appreciated

Andy

Yes I thought that aswell, but idem have merged my HSBC OD, and CC into one account

The £9000 is made up of my OD and CC

Andy

 

Yes I thought that aswell, but idem have merged my HSBC OD, and CC into one account

 

The £9000 is made up of my OD and CC

Okay the old amalgamated account syndrome...so the T&Cs are for the CC not for the OD facility?

The terms and conditions are for the OD account

The terms and conditions are for the OD account

Even better:-) ......then they remain in default of your section 78 request with regards to the CC.

Also a 3 page agreement for the overdraft facility on the OD account, and general terms and conditions for current accounts and savings accounts

Also a 3 page agreement for the overdraft facility on the OD account, and general terms and conditions for current accounts and savings accounts

Is the OD mainly made up of unfair charges and interest?...do you have a rough split with balance on the CC > OD ?

Edit....

HSBC CC. £9000. Idem servicing , taken out pre 2007

HSBC OD. £1500 Idem servicing , taken out pre 2007

I don’t know to be honest. when my DMP company took control of my accounts for me this is how much I owed at the time 2009

HSBC OD £1850

HSBC CC £11300

The OD and the CC sums are the same for when my DMP took over

£1855 OD and £11300, to my HSBC statements ,

I think it may be prudent to send a DSAR (Data Subject Access Request) to HSBC.....template can be found in our Library then you have all the relevant information if this escalates to litigation.

Shall I send a SAR for each of the 3 accounts ? Will this be 3x £10 for each account ? Sorry for asking too many questions

No ...its all the same creditor (HSBC) just list the 3 account numbers.

Thank you Andy , I will do that today.

great you've removed yourself from the fee paying fleecers [who were they?]

and even greater you are removing yourself from the DCA cash cow milking parlour

Am I allowed to put names up ?

yes ofcourse expose them to warn others

Originally it was a company called DEBTMOVERS, which was then taken over by MONEYPLUS GROUP

ok I've renamed your thread and moved you to the DMP forum.

there are no threads here specifically about those two..surprisingly!

but there are lots of how others deal with these fee payers to read

dx

All one group now....

https://www.manchestereveningnews.co.uk/business/business-news/moneyplus-group-swoops-debt-movers-6407439

https://moneyplus.com/

Thank you guys, will keep posting updates.

Thank you once again

Hello there. I have received 2 letters from idem again, these are the same letters I got a few days ago, the only difference is today I had to sign for them as they were recorded delivery. Is this normal ?

I have read about DCAs trying different methods to get signatures and then using them.

Just a bit worried