Sorry, I should of mentioned there is no mention of any other creditors on my CRA file.

This from Noddle:

MBNA says ‘Satisfied’ with £0 balance and is the ‘Closed Accounts’ section updated 30/03/2013

HSBC says ‘Default’ and is the ‘Open Accounts’ section updated 28/02/2013

Barclaycard says ‘Late Payment’ and is the ‘Open Accounts’ section updated 28/02/2013

Thanks for the replies. Is it worth ringing the OC to see where I stand as I have had letters saying the debt has been sold though.

Hello,

I need some advice before I go and commit to something I might regret. I've read a few posts on here with people in similar situations to me but I felt I needed my own thread to ask my own questions.

I have 3 debts that have been bought/passed to DCAs:

HSBC card - £10719.33 - now with Metropolitan Collection Services

MBNA card - £7043.87 - now with Aktiv Kapital

Barclaycard - £4004.64 - now with Risk Management Alternatives

I'm in a position to set up monthly payments on all three based on my available money each month.

However, before I do this I would really like some advice on how I should approach this with each DCA. I have been paying monthly amounts to each of these debts via existing payment details to each of the original creditors. Up to now I have not spoken to any of the DCA but I would like to get something sorted either way with them.

Thanks

Hi again,

I haven't received a reply yet to my first letter. I just need to check with you all, is it 14 working days that I need to count from the date they received my LBA?

Cheers,

Matt

Thnaks again, my prelim letter was sent yesterday.

Thanks

Also which address do I send it to, my branch or head office and is there a name I should use?

Thanks,

Matt

Hi again,

I'm still a bit unclear as to when I ask for 8%, do I ask for it on my prelim letter as well?

Cheers,

Matt

Certainly is good that I posted it up.

Ok I've now finished my new spreadsheet with 8% interest and I have another question.

These are my totals for the last 6 years.

The total penalty charge is £392

8% interest on penalties is £71.44

Interest on penalties is £3.34

8% interest on penalites is £1.16

Am I claiming for the £392 + the £3.34 as overdraft interest on my prelim letter?

Hi there,

I've had a good read around and through some of the posts on here and I think I might be close to sending my letter off. However, I a question about the advanced spreadsheet I have used. I'm not sure which figure I actually put in the letter? I've copied the summary section from my spreadsheet below.

CLAIM DATE: 12/03/07

COMPOUND ANNUAL INTEREST RATE: 31.00%

TOTAL PENALTIES AND BANK INTEREST ON PENALTIES: 420.42

TOTAL INTEREST: 529.74

TOTAL CLAIM: 950.16

Is it the £420.42 ?

Thanks.