Jump to content

drewwhonumba2

Registered Users

Change your profile picture
  • Content Count

    13
  • Joined

  • Last visited

Community Reputation

1 Neutral

1 Follower

About drewwhonumba2

  • Rank
    Basic Account Holder
  1. Thanks Guys, Was I right to include the OFT and Financial Ombudsman on all correspondence?
  2. I have just received this response!!! Dear **** Thank you for your message passed to us from Speed Credit. According to our records you took out a 14 – 28 day SHORT TERM loan on 02.05.12 for £400. You currently owe £703. You agreed to repay your short term loan within 14 days. Payday loans can become expensive if you do not keep to the terms and conditions that you agreed to when you took out your loan. Please note that as you borrowed £400, you are being charged £96 every 14 days. This is CLEARLY STATED in the terms and conditions YOU agreed to. YOU agreed t
  3. Hi Everybody, I have got myself into a right state with Payday loans and have been trying to protect myself from default notices however I am now just sick of paying the interest and would rather have my money than a clean credit file. Anyway, I now simply cannot afford to repay the loans however I earn reasonably good money and can pay them all off within 2 months. Can you please let me know what you think about my response to 'Speed Credit' who are deamanding immediate payment and threatening to add a further £150 to my loan of £400 + further interest and charges, threateni
  4. I have an £81 HSBC default that was issued in September 2008 and was satisfied in September 2009. I essentially had no idea about this until I recieved a letter from a DCA and paid it back, it then showed as Satisfied. I decided to go into HSBC and find out what the default was for and was shocked but am not sure what to do about it. Basically HSBC would not give me a student Overdraft but I already had an ol account with barclays who would so I started having my wages and student loan paid into the Barclays account. The people in the branch were very helpful and told me that I had
  5. I have an £81 HSBC default that was issued in September 2008 and was satisfied in September 2009. I essentially had no idea about this until I recieved a letter from a DCA and paid it back, it then showed as Satisfied. I decided to go into HSBC and find out what the default was for and was shocked but am not sure what to do about it. Basically HSBC would not give me a student overdraft but I already had an ol account with barclays who would so I started having my wages and student loan paid into the Barclays account. The people in the branch were very helpful and told me that I had
  6. Guys can you help with my DEFAULT? I have an £81 HSBC default that was issued in September 2008 and was satisfied in September 2009. I essentially had no idea about this until I recieved a letter from a DCA and paid it back, it then showed as Satisfied. I decided to go into HSBC and find out what the default was for and was shocked but am not sure what to do about it. Basically HSBC would not give me a student overdraft but I already had an ol account with barclays who would so I started having my wages and student loan paid into the Barclays account. The people in the branch
  7. I have an £81 HSBC default that was issued in September 2008 and was satisfied in September 2009. I essentially had no idea about this until I recieved a letter from a DCA and paid it back, it then showed as Satisfied. I decided to go into HSBC and find out what the default was for and was shocked but am not sure what to do about it. Basically HSBC would not give me a student overdraft but I already had an ol account with barclays who would so I started having my wages and student loan paid into the Barclays account. The people in the branch were very helpful and told me that I had
  8. Hi Pinklisar, I shall try to address as many of the points as I am able to: 1. A default is placed on your file when a series of non payments or late payments takes place, unfortunately a default will remain on your file for 6 years from the date of default. This will never show normal payments and will only ever show the amount outstanding or 'settled'. The end goal of paying off the debt is so that it is showed as 'settled' but still default. In my opinion (please take legal advice first however) a settled default is of no more value than an unsettled default so you could st
  9. Just another side note I think anybody has to think carefully about entering into any kind of repayment scheme with a creditor/debt collection company after default has happened. When you default it will not show up on your credit file after 6 years even if you defaulted for 1000's of pounds. Lets say you agree to pay back a little each month over 5 years....well you are now entering into a special agreement which will also show on file for 6 years, so you are still out of pocket and still cannot get credit. I would only ever pay back default items if i have an agreement in wr
  10. I have found that it is pointless paying back any money if there are going o be negative marks on your credit file. The poit is that all marks on your credit file are removed after years of defaulting, you may as well have poor credit history and your money rather than pay them anything at all. 3 years I paid off Barclays, Barclaycard, 2 CCJ's and a small default....guess what? I only have the small default left on my credit file and still cannot get credit!!!
  11. Hi everyone, any help and advice would be great. I have been working hard over the past few years to maintain and improve my credit file. All payments on my credit card and mobile phone are paid on time and up to date. My overdraft s also maintained well. I did the experian credit score and although i know this isnt a good indicator it still came out as Fair at 798 which is much higher than a year ago so im pleased. I have 2 CCJ's that are satisfied and will fall off my credit file in july and September 2011 effectively giving me a clean slate. However I have an £81 hsb
×
×
  • Create New...