Hi, just an update, I finally got blackhorse to freeze interest/charges for six months, great news! However, after three recorded letters to barclycard (all signed for their end) I have still received no response other than constant telephone calls. Can anyonene advise on best way forward with this??? I've been on their website to make The offered payment but it won't allow me to make a lower payment than what is due Thank you.... Hayley

Got a letter yesterday from blackhorse letting me know they've reduced interest to 0.667 for six months, not really sure what this means and whether I should accept it. Being as I can only afford for £26 a month not sure whether the interest is still going to outweight what im paying? There was no mention of charges being frozen so I guess it's another letter to them on Monday

Bankfodder, trust me he has certainly learned his lesson, although I assume at the time he had faith in his friend's promise to repay. Might get some legal help on this one. Thank you for your helpful reply

Unfortunately there is no written agreement and everything verbally. The were a couple of texts but these are long deleted or on old phones. The only thing going for us is that he's paid back some which might prove it was a loan not a gift, but he's saying we've said the rest can be forgotten about (when in fact we are ourselves experiencing financial difficulties at present). I really don't know which way to go without incurring expense

Six years ago my husband lent money to a friend (£40000) in total, this was lent over a period of time including cheques and a lot of odd cash in 300's.. This person has paid back very ad hoc sometimes the agreed 200 a month sometimes 100 sometimes 50 at the moment nothing and is now claiming the loan was a gift and is not paying back anymore. I would say the amount outstanding is a good 34000. How can we prove it was a loan and not a gift. It was to help this person set up home (when my husband was on his own and much better off than he is now). There is no written agreement for this I could wring my husbands neck!!) Relalise I've put this in wrong place but don't know how to move

Bazooka Boo thank you so much for this valuable advice. right, I have toughened up, I sent letters yesterday to all my creditors with an income and expenditure form I got from national debt line and have made a pro rata offer to them based upon my disposal income, it's literally though £26 to each of blockhouse, barclaycard and Halifax and £3 to the storecard, not sure if they will accept this. My offers are subject to interest, charges etc being frozen. I've also sent in SAR request to all to the establish exactly what's charges, fees and arrears interest has been added in an attempt to claim this back. I made all aware of my hardship at the beginning of June but all have continued to add charges except for the scorecard. Could i ask just one more question re halifax od, it's currently used to the max £4000. I've opened new account and have arranged for all income to go to new account. Basically if Halifax don t agree to freeze charges for the od then I run into then £5 a day charge for being unarranged. So do you think I should continue to pay in enough to pay the charges that are debited on the 1st month and to keep it in the agreed overdraft or do t bother, be charged £5 a day with the option of trying to claiming fees back? Hayley

I was wondering as well with regards to a ccj, can Interest still be added after the ccj? My blackhorse loan is interest added monthly on the outstanding balance so could blackhorse claim all this as well??? I don't know what I was thinking when thought it was a good idea taking this loan out!! I must have been thick

Oh thank you so much for a reply. Ok, from the start I owe blackhorse 3500 personal loan (started 2009 borrowed 5500), barclaycard 3200, halifax od 4000 and storecard 700. I've negotiated with storecard for half payments with interest frozen for six months. Barclaycard are dragging their feet, won't respond to my letters but ring me all day every day, even a Sunday from 8am only it's an automated man! I'm not paying anything to this at present, am over my credit limit and being charged for this and late payme t fees even though I've wrote to them three ti es now (copies kept, recorded delivery) explaining my hardship. I've moved my banking from Halifax and set up basic account elsewhere and have offered Halifax 100 a month to clear od but again the charge for this means only 30 is counting towards. I wrote to blackhorse asking for copy of my original agreement and they sent me half of it, I wanted sight of all t&c's I'm yet to receive. Ascent now involved and say im not to contact bh at all and they say their client cannot freeze interest but may accept lower repay me ts. Im contracted to pay 155 and have offered 70, however each month around 88 interest is added on so what's the point in me breaking myself to pay out when probably only 10 or so will go towards debt. Been negotiating now nearly two month I dont see any end, but I've Got bigger problems with my baby and could really do with getting some resolutions in place. Got a mortgage which is not in arrears I'm mortgaged to the hilt though but still worrying about losing the house?? I don't know when I can return to my job. If they go to court (which doesn't really bother me) and obtain ccj I'm worried about bailiffs it's all I can think about. Are courts sympathetic to circumstances etc? I feel that I really am a genuine can't pay and not a wont pay

Hi there I am new to this so please accept my a pols if this is in wrong place. My financial situation has changed drastically over the few months having given birth to a very poorly baby which has resulted in me not being able to return to work when expected. I have written to my four creditors, however blackhorse have ignored my requests for lower payments and frozen interst and charges. I've now been referred to ascent dca who are ringing and writing constantly. I have sent all correspondence I sent to blackhorse and they won't send a copy of my full agreement or accept my lower repayments with frozen interest. In the meantime my debt is mounting, can anyone help / advise is it worth me pursuing??? I feel like telling them to just take me to court very stressed