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Everything posted by mjc007.5

  1. Hi all, Apologies if what follows is daft but I cannot seem to find an answer and although can attempt to apply common sense to this have learned from experiences already that this is not always the best way I have a number of CCA requests out there "pending" and having checked on the Royal Mail site who had recieved what I have a couple of queries please: I understand that having sent by recorded first class post I can consider the request "served" after two days. Does this include the day of postage or two days after that? If I have their signatures from the Royal Mail si
  2. Might have something here - fingers crossed! Early days in my dealings with them on behalf of Barclaysharks - CCCS are I think going to send the Barclaysharks payment to Mercers?! (they detail them on the DMP that is about to start). Not sure if this helps any (or if it means I should be worried about CCCS! ). As BB rightly says unlike the OFT companies house actually use their teeth!
  3. Hello all, Sorry to hear of CW wife's negative experience with these folks and also shame to see another troll found their way here! Not much to add to the excellent advice from the folk here already - just to say having been in a very deep hole with a number of these "loans" the money shop are now the main outstanding pain! I approached the shop in good time, explained had got myself into giant hole, overexposed and intent on sorting it out, breaking the perpetual cycle of debt etc. Advised that would pay £100 immediately as goodwill gesture against the debt and remainder would be
  4. Hi Camuser, They did (with some persistance) accept a 12 month repayment plan from me but at the moment this includes their "charges" (£200 turned into over £300 in a matter of what seemed like hours! I guess best thing is to persist with the repayment plan approach and once this set you can argue the charges! I would not say they are reasonable but did respond to a consistent approach in terms of repayment plan. Best of luck
  5. Hi WVM and welcome to CAG, Only been here a short time myself but you will find this place invaluable - there are many, many folk who either are or have been where you are (or worse) and you will get all the help you need here. Also remember that one of the tactics employed by these firms is to keep you thinking in terms of failure, endlessly playing over why you got into difficulties and sometimes even focusing on telling you how foolish you are! (I have one of these conversations recorded!). Do not let them win with this - you are not a failure, how you got to the point of difficulty a
  6. Hiya, First time I have heard of any of these firms going to court as well! I suppose had to happen some time, sorry this is happening to you. As already said on here combination of excellent site team and already flawed actions by them in attempting to enforce whilst not responding to a CCA request should enable you to see this off. If they have definetly not responded to your CCA request or acknowledged that you have various complaints pending then can only be the court action can only have been filed in a fit of pique (or stupidity) because you have challenged them? . As well as
  7. Hiya Wills7, I can see where you are coming but I would go with Robjam's advice on this one. If they know where you are and have not been in touch to attempt further enforcement action over that period of time, particularly for a company in this sector it would seem likely they are either satisfied with what they have or have simply decided not to enforce further. If you are worried then first step might be better to check to see if there is anything adverse on your credit file. Experience elsewhere in this sector again suggests this will be unlikely. If there is anything there and
  8. For all the fact I have not always agreed with her politics it is good to see they have got themselves tied up with another formidable adversary! I have emailed her to add my two pence worth - I have to say own MP bit of a non-starter (have been in touch about some local issues and pretty useless!). Might encourage her (retiring from parliement in the next year I believe) to seek a new career bashing DCAs and the like!
  9. OMG! :eek: I have seen some interest rates that are eye watering (to many of my own! ) but this takes the prize! They will quote some tosh about having to legally quote an APR over a 12 month period (I have queried one or two interest rates of my own). Glad for you that decided did not need/want to take up their kind offer!
  10. Hiya, Limited knowledge but if the agreement is set up right (paydayloan or otherwise, prescribed terms etc) and after a certain date (others on here will be able to quote precisely ? after2007) then ticking a box on line is legally deemed to be as good as signing it Now having said that, with at least two of mine (so far, others are work in progress) they have been unenforceable for a myriad of other reasons and this is where you are more likely to gain success in this sector. As a responsible citizen () I have of course come to arrangements to ensure they are paid back what was a
  11. Hello folks, Just reviving the above with a little request for further direction please? I have read at great length the threads in relation to "tale of a dodgy dn" (posts by sx20, DD, AC and Pedro are particular stand outs ) and cannot get my head around if I should be accepting the actions of Halifax or waiting for them to litigate? Brief recap - CCA is in order, but dodgy DN followed by TN (although they are still sending standard "threat" letters and have involved albion collections working "for them"). Debt is Credit Card related, no charges reclaimed to date. Initial im
  12. Hello Jay, No guarantee I'm afraid and theoretically they certainly can impact on your credit report but to date experience suggests this appears to be rare. I have been in trouble with a number of this type of "provider" and so far (fingers crossed) nothing on any credit file. Cheers
  13. Hiya, In no way an expert view (I am on a very steep learning curve with these and others myself) but I would say from you thread that you would have enough to push them to right it off?? If there was not as much there it might pay to let them begin litigation but it seems to me that often the trick appears to be to wrestle control of this from the creditor at the appropriate opportunity and to my very newbie eyes I would say you have that opportunity! My natural inclination is more toward caution but I would say you appear to have these folk by the short and curlies (may be
  14. Hi Yorkmackem, It is okay to express a positive opinion - does not mean you have to work for them! Your positives would be contrary to the experience of many (rather like DCAs) but good luck to you - if you are using it for a short term problem and can 100% definetly pay back when due or before then as you say they are potentially one of the better amongst a bad lot in this sector! Main thing I think is to have a "what if I can't pay it back ...." plan (without getting another loan as one of the solutions). I started my decent into chaos and despair in this sector certain I co
  15. Hi Toadface, As Bub says I think main thing is just keep replying with what you can afford. Ideally if not already you want their bank account details to pay by standing order (postal order if you have to) but not cheque, direct debit or card payments - they will clear you out. Phone contact - the template letter on this site amended to suit - as long as you are making an offer to pay and keeping in touch (by email in this case) you are within your rights to insist on all in writing (and indeed can present this as being to their advantage as well so there is a record of what the na
  16. Hello Hugh J, You are going to need a level of professional advice as you have some very big decisions in front of you - whilst this may ultimately be a solicitor you should start with any or all of the following - payplan, CCCS or nationaldebtline. Their advice is free - general feedback if you look around the site is very positive (www.cccs.co.uk or www.payplan.com or www.nationaldebtline.co.uk). Now at a laymans level you appear to have three viable options (carrying on as you are particularly with the impact on your health is not one of them). You can go with a DMP - one of the
  17. Hello Hugh J and welcome, Obviously more experienced folk with specific advice will be along (at a more sensible hour) but to start things off. Firstly and I realise easier said than done (I can see similar traits in my own situation) your health needs to be the primary focus - you have children and whilst entirely understandable (and admirable) to be trying to work to keep the plates spinning an early demise will be more costly than even the worst case with repossession and bankruptcy. Initial impression is that you would need a level of specialist advice. As well as the goo
  18. Hi Honey, Agree with robjam and also posted in answer to your Wonga posting
  19. Hi Honey, When you say you have been paying them for three months is this with their agreement? If it is then I would keep paying, email them back reminding they agreed to the repayment arrangement that you are maintaining (if you can quote the original date and text of an email confirming this all the better), insist that they respond confirming this is the case and wait for their next step. If it is not, I would still keep paying the monthly amount you can afford but respond with some of the tools at your disposal here (if not already) - CCA request, telephone harrasment le
  20. Hiya - echo what cerberusalet says although this does vary. Mine was almost immediately if you opened their current account (nothing flash but okay basic account) and had a regular amount deposited from which they could take their loan payment. Times may change but at the moment seems about the most ethical form of lending out there (for those of us with less than perfect pasts!)
  21. Echo (very loudly) what sewing kit has said - the vast majority of them will try and claim against card details and it will not matter that you have closed the account/cancelled the card. Some have come to an arrangement quickly but presume those that do not may well attempt to take money from your cancelled card/closed account! Now postggj raises a term I have had quoted at me before - by both bank and pirate company! The thing is that although they set the payment up like this I know a number of the "agreements" upon which this is based do not mention continuous payment authorities! Ar
  22. Hiya, My two pence worth before the more experienced happen along. There are those that would not recommend the secured route and I can see the argument about not turning potentially unsecured debt into secured debt. However, if you have definite income improvement on the horizon and your house equity is definetly stable enough to take the secured loan then it is a viable option. The other thing is of course ensuring that any credit or borrowing that is consolidated within this secured loan is not reused or maxed out down the line and I know from experience this is far from easy! I
  23. Hiya, Glad to be able to contribute to any level of help or support - this place is a marvel and their are many more experienced members here who have seen pretty much every scenario you can think of! They (the payday lending sector) want you to think that paying them comes above all else (I had one suggest to me that a clear priority debt should be ignored to pay them in full!) and if you follow this path other debts start to be compromised in favour of trying to sustain this, further extortionate short term loans follow and so the downward spiral continues..... good for you stopp
  24. Hiya, Have been exactly where you are and much worse besides so know exactly how you feel. Broadly agree with alimcg1976 (excellent post) and certainly no better qualified but perhaps slight variation in some details: Firstly if at all possible avoid any further payday loans and certainly not log book loans. This may seem hard, but the only way you will go if you continue to borrow to service the previous loan is a very, very dark place. I have been there, it is not nice . If you are thinking in terms of consolidation (which can work for some) then as alimcg rightly says try talk
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