Hi,

I’ve been on a DMP with StepChange for 10 years and have never missed a payment.

I still owe 12k but have been offered 5k by a relative.

What are my chances of getting this accepted as a full and final settlement?

The companies and amounts involved are two accounts owing

5k to PRA,

one with 1400 to Link and

one with 700 to Westcott.

Only the Link debt shows up on my credit file.

Advice appreciated thanks.

why oh why have you been blindly paying powerless DCA's for 10yrs without questioning the enforceability of the debts?

use our search cag box in the red top toolbar

and type in

DCA cash cow.

dx

OK, thanks for the reply.

In answer to your question,

I have been paying for ten years because the DMP with StepChange helped to get me out of a very bad place and I have had no desire to go back to being hounded.

That said, a decade has now passed and I want to fully move on with my life.

So, is your advice to request CCAs and, if they’re not forthcoming, to stop paying my DMP?

What if they can provide them?

And what about the Link account that shows up on my credit file?

My score is ok now and I don’t want to jeopardise that.

Sorry for all the questions

- this is the first time I have considered doing anything other than “blindly paying”.

https://www.consumeractiongroup.co.uk/forum/showthread.php?485106-been-with-Payplan-for-10yrs...

the link debt is already defaulted I bet?

The Link debt would have defaulted with the original lender but it shows up on my credit file as an active and up to date account which began in 2015. This is what concerns me about stopping paying.

if it was defaulted it must state that date in the summary.

LINK have a habit of adding their name to your credit file,Assume you paid through Stepchange (10 years) the original creditor before it was sold to LINK the original creditor (at a guess Barclaycard) if this is the case LINK should not be adding anything to any credit file,the default was issued way over 6 years ago

FS

Thanks for replying. Yes, the original creditor was Barclaycard and there’s no reference to a default on my credit file. So, if Link shouldn’t be adding anything to my credit file, how do I stop them?

ring BC and ask what date they defaulted the debt and sold it to plink.

they cant [well very rarely] sell a debt on without defaulting it.

You may find that Barclays did not issue a default they are guilty of this often, according to the ICO they are required to do this prior to selling a debt.As dx100uk states,phone them (Barclaycard) to determine if they issued a default, if not you will probably find they will issue a default dated 3 to 6 months after you got into debt with them,

FS

OK, thanks to you both. In the meantime I am sending CCA requests to all my creditors to see where that gets me.