Thanks PmW will take a look and thanks for all the replies above

At the same time received a letter threatening to send the boys round from POWER2CONNECT "We have been instructed by our client to VISIT YOUR ADDRESS TO COLLECT THE ABOVE DEBT. You have made this action necessary as you have ignored all their requests to contact them and you have failed to pay you account. Our visits take place within the following hours:- Monday-Friday 9am - 8pm Saturday 9am-12 noon Should you wish to avoid this action, you must contact our instructing agent WITHIN 72 HOURS of receipt of this notice:-" Unbelieveable such a letter could come from a suposive mainstream legal regulated organisation, I was considering weather to sue for mental harrasment.

Hi, great work on this thread, have issues with Capital One, sent the first letter following recept of a copy of agreement terms ONLY, no signature, after requesting under consumer credit. I've just receive a letter stating the following: "We do not accept that your request satisfies the criteria at CPR31.16. In particular, we do not believe that a copy of your original agreement would have to be disclosed under CPR 31.6 as a part of our standard disclosure obligations. This is because, in essence, it is your case that you are entitled to a copy of the original agreement. It is our case you are not. This is an issue for the courts to decide. The disclosure of the agreement itself will not help a court decide the issue. It is not therefore a document which will adversely affect either party's case, or support your case and your request does not satisfy the criteria under CPR 31.16. We shall refer this letter to the court if regardless of the above, you decide to make an application under CPR 31.16. We will lso seek costs incurred in dealing with the application, which we are entitled to under CPR 48.1 As I have already explained, in accordance with section 78 of the consumer credit act 1974 and the consumer credit (cancellation notices and copy documents) regulations 193, we've provided you with a copy of your agreement, and if any terms have been varied, then the copy will include the updated terms. In addition, your personal details, the signature box, signature and date of signature were omitted from the copy provided as permitted under regulation 3 of the consumer credit(cancellation notices and copy documents) regulations 1983. You clearly have a valid and enforceable credit agreement with capital one, as evidenced by the documents sent to you and any claim to th contrary will be strongly defended. Then various threats about continue pursuit of th debt, and a last note stating this is their final response. Sounds like a challenge to me, also souds like they don't have the agreement OR do they!!!! Any thought's or comments Thanks Chris

Hi Part of the reason I'm in this mess are the rates I'm being charged, if you look at the level of our debt 25% is £30,000 - £37,500 pa before you even think of repaying the capital! Not a chance, my bank Barclays, doubled their rate over night on my overdraft no reason, Cahoot trebled theirs over 6 months, I have never defaulted on a loan and I'm 44. The only ones I feel guilty about are the 2 recent interest free cards I took just before it all went tits up. Anyway I've no equity so I suppose it's a chance to get straight, at least I hope so. Chris

Hi, just my 2 penneth but I thought it had to be an agreement rather than an application form! to be enforceable, not 100% as just investigating myself. I have 3 cards with MBNA, one Virgin who started charging me 30% even though I had never missed a payment, the other are at 25%. I'm now defaulting on a total of £150k of debt due to my business income more than halving.

No it's open ended flexible, so they can increase but under banking rules does it have to be reasonable!

I have a flexible loan with Cahoot, they have just increased their rate by 5% to 20%!!!!! I queried this and they said they no longer offer this kind of account and that the rate was inline with similar loans in the market. Is that sort of increase legal, anyone, thanks