Jump to content


Leaderboard

  1. caro

    caro

    Registered Users

    Change your profile picture


    • Points

      1

    • Content Count

      35,608


  2. determindator

    determindator

    Registered Users

    Change your profile picture


    • Points

      1

    • Content Count

      1,999


  3. Crocdoc

    Crocdoc

    Registered Users

    Change your profile picture


    • Points

      1

    • Content Count

      1,345


  4. MandM

    MandM

    Registered Users

    Change your profile picture


    • Points

      1

    • Content Count

      3,224



Popular Content

Showing content with the highest reputation on 27/07/12 in all areas

  1. 1 point
    D'you know what I think, it proclaims to the world how great we are! and such a tiny country awwwwesom!!
  2. 1 point
    A Debt Arrangement Scheme is not Debt Managemnent although it is often called a Debt Payment Programme. The system was introduced by the Scottish Parliament as an alternative to Debt Management and Trust Deeds. As I mentioned earlier it can be set up through agencies such as CAB entirely free of charge. The diference is that unlike DMP you are legally protected from any enforcement action from creditors so long as you abide by the terms your assets including property is also protected. In addition you do not pay monthly fees as you will be in DMP, you make monthly installments to a payment distributor and their fees are deducted from the creditor. Should you choose to go down this route, I would suggest that you ensure that you use one of the free agencies and not the commercial organisations who will charge fees. A list of approved money advisors can be found at Money Scotland.Gov. I hope this information is of assistance
  3. 1 point
    You can remind them that they have breached OFT Guidance 2011 section 3.7 (b) ''Pressuring dedtors to raise funds by selling property or by taking on further borrowing (including extending existing borrowing). I can put together a letter for you if needed to cover all the points.
  4. 1 point
    Hi OAH, If you can only afford £1 per month then why not. Can you demonstrate this? Might be worth it for your own peace of mind. You don't have to do an I&E and they can't demand it but at least you'd have demonstrated your position. When I was in a similar position went through my finances and completed an I&E to see what was left, firstly deducting ALL priority payments - mortgage, council tax, work and travel, utilities, food, clothing, etc etc. C/cards are not priority. Then the balance is divided pro rata amongst the 'non' priorities such as credit cards etc. If that gives £1 per month then so be it. If they were to take you to court then you'd be using the same I&E so that's all they're likely to get as a court is unlikely to make you pay more than you can afford. I believe it is a breach of guidelines and I'm sure someone will point out the necessary breach. They can't ask you to borrow more to pay their 'debt'. Stick to your guns about contact - in writing only!! Very important as you may need that paper trail another day. Have a look in the letters library also as there are some good letters requesting stopping of interest, hardship etc that may be of use to you. http://www.consumeractiongroup.co.uk/forum/content.php?590-Creditors-and-DCAs-Letter-Templates-Budget-Planner Mike
  5. 1 point
    I think you'd have a hard slog trying to convince a judge that the loan was unenforceable. I believe that English T&Cs are normally accepted in Scotland. So many judges just want to know if you borrowed the money, and if the answer is yes, they'll say you have to pay it back. You appear to have contradicted yourself about what you are paying, as I've highlighted in red and bold. I find it quite amazing that any solicitor would advise underpaying a mortgage, which is obviously a priority debt.
  6. 0 points
    ignore DCA's have NO legal powers to do nowt bar fleece you. dx
  7. 0 points
    MonthlyToAPR.xls It's the purchase rate you should use
  8. 0 points
    If you have not made any payment or acknowledged the debt in writing for a clear period of 6 years (5 in Scotland) then the debt is Statutory Barred and you don't have to worry about repaying anything. In the CAG library (top left in green) is a letter template to send the DCA regarding a Stat Barred debt.
  9. 0 points
    Hi welcome to CAG, Doorstep collectors have absolutely no authority to enter your home or discusss your finances you can oder them to leave and not return. I suggest writting to ScottCall as follows: The Compliance Manager ScottCall Ref: xxxxxxxxxxx Dear Sir or Madam, I refer to the visit to my property by one of your operatives today, please take note I withdraw all permissions implied or explicit for any employees of Scotcall to visit my property at any time. Please be advised I will only deal with fnancial matters in writting, no e-mails or telphone contact is allowed.
  10. 0 points
    Carry on as normal with the PPI claim and enclose a copy of their letter. Ask them how they can possibly reject a claim before it has been lodged as they would not have been aware of your reasons for the mis-sale. Tell them that you want this investigate properly in accordance with the regulator's rules.
×
×
  • Create New...