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  1. bit of help/advice please people. i took a loan out with an ex years ago and the monthly payments were something like £430 pcm. didnt pay anything after i split up with her as bsically the loan was all for her i just had to put my name to it as she couldnt get it alone, big mistake!! anyway she wasnt paying it and they caught up with me about two years ago. i ave been making reduced payments of £200 pm for probably 2 years or maybe more now and the total monies owe is just uner the £7k mark. i have managed to get enough money saved to clear this debt but obviously dont want to give them it all. i want it cleared asap so obvously not a 40 day wait here and 14 days there etc. how do i go about this f&f letter i have been reading about? step by step idiots guide would help please. i have been reading people have offered as little as 10%!! this is with rbs through tesco and basically anything i could clear the debt with under £7k i will see as money in my pocket. i need to get the loan cleared asap so that in 6 months time i can get a mortgage with current gf to get a house and stop this renting mallarky. if i could get a 50% f&f settlement figure of around 3.5k i would be bloody laughing i tell ya. thanks in advance adam
  2. no one is exactly chasingme, obviously they want the money back but i am paying so kinda get left alone!!! thanks for the letter
  3. i have not done that cca thing on them cos form what i have read then you get bad stuff put on ya credit file and it remains on my file for 6 years still after that time. i dont want that i want this last thing off of my credit file and put to bed behind me. can you point me in the direction on the f&f template? im new to this and dont know if ive even put this in the right place? does it matter it is still with the original lender and not a debt collector?
  4. hello right the situation is i have a rather old loan from about 2002 which was originally for five years but that i have been on an arrangement plan with for 3 years now as fell into difficulties making original repayments. the original loan should have ended in 2007 but as it stands i still owe £7500. the loan is still with the original lender and i have not missed a payment in best part of 3 years althought they say i miss every payment as i am not making the original payments. what i am wondering is would it be possible to make and have accepted a lump sum setlement of say £6k to clear the loan off? how would i go about this and what are y chances of success? thanks adam
  5. im new to this, and dont know too much about this but i have succesfully reclaimed bank charges in the past. i have had a browse around several threads with regards to having loans deemed unenforceable etc. some seem to get lots of threatening letters with regards to pay up blah blah and end up with defaults on their credit history. this is something i definately dont want. the letters wont bother me a bit but the default will. my aim is to make my credit score better to enable me to get a mortgage i know we can afford and to stop renting. what will sending a sar and cca get me? do they have templates somewhere?
  6. 47 views and no help, hope someone can offer some advice
  7. COMMENTS AND ADVICE please, all be good, feeling rather lost atm!!
  8. can i please have some advice with regards to a very old rbs loan i have? i took out the loan probably about ten years ago now with an ex girlfriend, basically as its in both names we both jointly and soley responsible. i think she must have been paying it for several years after we split as i didnt hear anything about it. then probably 3 years ago i got a letter to my parents house saying i owed £x ammount and needed to be paid, missed payments etc. i rung them immediately, some what peed off and after not being able to find the ex and them explaining about me being liable i agreed to pay it off but obviously at a reduced rate. i have a new family and child now so pay what i can £200 pcm. i think the current balance is approx £7500 so at this rate it is going to take me 3 years to clear the balance. i assume this will then stay on my file for a further 6 years? i have not missed a repayment on the arrangement since it began (2-3 years ago)and have even increased the repayments when possible. they still list the loan as a (6) on my credit file and that i have 12 missed rapayments in the last year. this is the only bad thing on my credit file but it is severley affecting my credit score and despite the fact i never miss payents and have not done for several years my credit score gets worse every month. i am more than able to afford a mortgage on a house me and my new girlfriend have found but no one will lend me money because of the affect this is having on my credit. i would appreciate any help with regards to the unenforecable loan agreements, anything i can do to make them just list the loan as being up to date or someone that would lend me the money which i have no problems with paying. i have been renting a flat for the last 2 years at £630pcm and have never missed a payment on that but till cant convince anyone tolend to me. even if i could just get the loan listed as up to date im sure this would allow me to get on with my life and get a mortgage!! advice please thanks
  9. well they want an increase ev 6 months or r threatening court action etc etc so i thought stuff it the debt is over 6 yers old and tbh im not even sure wat it was for but was from a time i was helpin an ex gf. if i can get away with not payin them then that would suit me!!
  10. thank you mr/mrs pt person, ill sort out the SAR thing too, best to send it at the same time is it (same envelope)? i would sooooooo love to not have to pay 175 pcm to them
  11. so after 14 days the debt is unenforceable............i could do with a postal strike!! lol the creditor is RBS wheres the more knowledgable people then ha ha, just want some advice on my case as apposed to everyone elses on here as they are all slightly different. is it worth me trying to mae the debt unenforceable? am i right in thinking the debt will remain on my credit file but RBS couldnt make me pay it? for how long would it stay on my accont as an uneforeceable debt?
  12. Hello my first post! I have read through some posts in here with regards to asking for the signed loan agreements and possible making the agreement, shall we say, null and void. found a template letter and have adapted it very slightly mainly to read 'I' instead of 'We' etc The loan i believe was taken out in 2001 when i was helping out a very ex girlfriend. 7 months ago the creditors contacted me with regards to making payments towards it etc etc I have been doing that at the rate of £150pcm and now they want to increase the payments which i have done for the next 6 months then they gonna want more of an increase..........like money does grow on trees!! anyway after having had a look on here i have decided to send this letter; With reference to the above agreement, I would be grateful if you would send me a signed copy of this credit agreement. I understand that under the Consumer Credit Act 1974 (Sections 77−79), I am entitled to receive a copy of my credit agreement on request. I enclose a payment of £1.00 which represents the fee payable under the Consumer Credit Act. I understand a signed copy of my credit agreement should be supplied within 12 working days. I understand that under the Consumer Credit Act creditors are unable to enforce an agreement if they fail to comply with a request for a copy of the agreement under these sections of the Act. We look forward to hearing from you. Yours faithfully I am doin this in the hope that they no longer have the original signed agreement. Is this letter correct for what i need to find out? what would i do after 12 days? or, do i have to wait 30 days to take further action? What would be my next course of action if they could not provide me with the signed agreement? Is it likley they still have the original signed agreement after all this time?? would really just like some advice relating to my particular thread! please advise thanks
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