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E=MC2

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  1. I've been paying off a credit card with Lloyds TSB, on agreed monthly payments, and all was okay until very recently I told them that due to unforseen circumstances, I would only be able to pay £1 per month until things improved. Their initial response was to reject my new offer of lower payments, and to subsequently send a DCA (MHA Collections) to recover the £19 arrears, regardless of my explanation as to why the payments were being temporarily reduced. Then, despite my continued payments and their protestations, I received this generic letter (see attached pdf), which has left me somewhat confused. I have also revisited my Experian credit file and it would appear that Lloyds TSB have marked that I am now 4 payments in arrears, which has left a huge red cross on my file. What I was told by Experian was that if I began paying the pre-agreed amount again, then Lloyds would be able to remove the late payment comment, and my file would be clean again after a few increased payments and a letter to support them. Does this letter change the agreement, or is it actually working in my favour: ie: they will change my payment information if I re-establish the monthly amount? I've posted it here because it relates to Lloyds TSB and I wasn't sure where else to post it, so apologies if it's in the wrong thread.. lloydsTSB.pdf
  2. That doesn't sound very encouraging...
  3. Just to mention, after extensive reflection and with the helpful comments of the Site Team, I have decided to let sleeping dogs lie, regarding the pursuit of my CCA.
  4. E=MC2

    MBNA CCA Request?

    Slick132 has just eloquently pointed out in my Barclays thread http://www.consumeractiongroup.co.uk/forum/barclaycard/195305-barclays-cca-request.html#post2118046 that if all interest and charges have been frozen (which they have in this case also), it may prove wise to keep paying the £1 per month, and not risk making a relatively comfortable situation uncomfortable. I think upon reflection I'll do the same with these guys. Thanks for your comments and help anyway.
  5. There haven't been charges or interest added for several years now, and I've been thinking that myself for most of today. I figure if £1 per month for 20 years won't kill me, then just leave it be, so on that note, I think I will. Thanks again.;-)
  6. E=MC2

    MBNA CCA Request?

    Unfortunately I only have correspondence from Link Financial, although having seen what a Notice Of Assignment looks like via another creditor file, I have never received one from Link Financial. A letter has been compiled and will go out shortly to Link and any responses will be posted here for scrutiny...
  7. Thanks for your help, a letter has been compiled and will go out shortly. Any responses will be posted here for scrutiny...
  8. Thanks for your help, a letter has been compiled and will go out shortly. Any responses will be posted here for scrutiny...
  9. Thanks for that info ;-)
  10. I aim to do exactly that. I've had a look through my paperwork and at no point have I received a Notice Of Assignment, which leads me to suspect that it was always Barclays debt. So if I write to Westcot and request a CCA, and they fail to provide one, just stop all payments until I hear from them? It's easy enough to do, being a simple Standing Order.
  11. Hi BRW First off, thank you for your comprehensive response, I hope what I posted made sense. I've unfortunately only kept the letters sent to me by Westcot, as I was under the impression they owned the debt. I can now see that they are working 'on behalf of our client' which as you just stated, is Barclays themselves. I guess this means I need to write to the Barclays address you've provided, along with a £1 P.O, and see what gets returned. Our financial situation is dire to say the least right now, so do I need to send for a SAR for £10, or should I just wait for the CCA response, and take it from there? Incidentally, WCS also used Nelson Guest & Partners at one stage, who wrote to pursue the debt, and RMA are in fact NCO Europe Trading as RMA Regards E
  12. Hi all My current situation is one that involves debts with several credit card companies. GE Finance is one of those companies, and I have tried to include as much information about my situation as possible. Debenhams (Store Card) (GE Money) The original agreement began around 2006 and in January 2007 CL Finance Ltd wrote to instruct me they were now the owners of the £850+ debt. After written communication we reached agreement on very small monthly payments via standing order. Our payments were then reduced to £1 pcm in 2008, after facing further financial difficulties, and have remained consistent since. Having recently learnt that some credit card debts could prove unenforceable, I'm now considering writing to request copies of the original CCA's, in the hope that they may prove to be exactly that. Before I go any further, can anyone advise me who I should contact on this occasion. Should I write to GE Money instead, and will this harm the existing agreement? Do you have any templates that I could use, and do I need to send any money along with each letter? Thanks in advance
  13. Hi all My current situation is one that involves debts with several credit card companies. Barclaycard is one of those companies, and I have tried to include as much information about my situation as possible. Barclaycard (Credit Card) The original agreement began around 2006 and in April 2006 Mercers Debt Collection Ltd wrote to instruct me they were now the owners of the £3k+ debt. The debt was then handed to RMA (Risk Management Alternatives) in August of that year. Then Colemans-CTTS Solicitors wrote to me on Behalf of RMA, with Westcot Credit Services being the current DCA, who I have agreed to pay each month until 2070 (or thereabouts). Our payments were then reduced to £1 pcm in 2008, after facing further financial difficulties, and have remained consistent since. Having recently learnt that some credit card debts could prove unenforceable, I'm now considering writing to request copies of the original CCA's, in the hope that they may prove to be exactly that. Before I go any further, can anyone advise me who I should contact on this occasion. Should I write to Westcot or Barclaycard, and will this harm the existing agreement? Do you have any templates that I could use, and do I need to send any money along with each letter? Thanks in advance
  14. Hi all My current situation is one that involves debts with several credit card companies. Lloyds TSB is one of those companies, and I have tried to include as much information about my situation as possible. Lloyds TSB (Credit Card) The original agreement began around 2004 and in November that year I wrote to them and explained I could no longer afford to pay off the £6k debt, at which point the interest was frozen and payments continued by SO directly to Lloyds themselves. Our payments were then reduced to £1 pcm in 2008, after facing further financial difficulties, and have remained consistent since. Lloyds refused my offer of lower payments and passed the arrears to MHA Collections, only to then write to me recently explaining that the arrears have been removed and they would like to keep having the payments as before ( I have never stopped). Having recently learnt that some credit card debts could prove unenforceable, I'm now considering writing to request copies of the original CCA's, in the hope that they may prove to be exactly that. Before I go any further, can anyone advise me if this request will harm the existing agreement? Do you have any templates that I could use, and do I need to send any money along with each letter? ( Ihave also requested templates for the other companies, but please provide a link anyway, as it all helps) Thanks in advance
  15. E=MC2

    MBNA CCA Request?

    Hi all My current situation is one that involves debts with several credit card companies. MBNA is one of those companies, and I have tried to include as much information about my situation as possible. MBNA (Credit Card) The original agreement began around 2004 and in December 2006 Link Financial Ltd wrote to instruct me they were now the owners of the £2k+ debt. After written communication we reached agreement on very small monthly payments via standing order. Our payments were then reduced to £1 pcm in 2008, after facing further financial difficulties, and have remained consistent since. Having recently learnt that some credit card debts could prove unenforceable, I'm now considering writing to request copies of the original CCA's, in the hope that they may prove to be exactly that. Before I go any further, can anyone advise me who I should contact on this occasion, as I understand that MBNA aren't very obliging. Should I write to Link Fiancial instead, and will this harm the existing agreement? Do you have any templates that I could use, and do I need to send any money along with each letter? Thanks in advance
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