I attended an interview in October with Argos for a temporary position but that's as far as it went.

I have received a letter from the Department for Work & Pensions informing me that they are using information received regarding my income that has been given to the HM Revenue & Customs. The Department for Work & Pensions have reduced my JSA to £38.33 as they claim I am receiving on average £39.07 per week from my employment with Argos

I have never worked for Argos paid or unpaid so I rang the DWP to see what was going on. They told me to either get a letter from Argos confirming that I have never worked for them and ring the HM Revenue & Customs.

Firstly I rang the HMRC who told me that they don't know where the DWP have got their information wrong as it's incorrect. So i then rang the DWP back to tell them and they got very stroppy and told me to go to my local Jobcente and complete a MF47 statement to confirm I have never worked for Argos. The DWP also said they still need a letter from Argos. I reiterated that I have never worked for Argos so how can I approach them for a letter. I also said that you the DWP have made a false accusation so how on earth can I be penalised for your error..... didn't go down to well!

Went to my local Jobcentre, completed the MF47 statement and they scanned it and sent it off for me via email.

I then contacted Argos to see if they would put together a letter and they said in general the DWP will contact them direct if they want any information and the request must come from them.

I telephoned the DWP again today to chase things up and they told me where is the letter from Argos. I told them that the request must come from the DWP and was then told "we don't do the chasing". I then asked what has happened to the MF47 statement. "What MF47 statement" was the reply, we have no records of it.

I then went on a rant as I have £3.82 to last me through Christmas for something that Is not my fault and is obviously an error by the DWP. The lady I spoke to just said I will email someone and get them to call you. (Still Waiting for the Call).

Honestly I am flabbergasted on how they are dealing with this matter and how unhelpful the DWP are being.

Who actually owns this debt? You should never pay a dca without checking the validity of the debt. Especially with a bottom feeder such as moorcrap.

I presume Lloyds TSB own the debt as they are still recording data to the CRA's and I have not received any notices of assignment.

How old is 'old' drob?

It's approximately 24 months old

At the end of the day what are Moorcroft going to do if i do not return a completed I&E? NOTHING!!!

Would agree with you drob.

 

I personally would not be paying Morecrap but would pay the bank direct - then it is going to the OC.

The bank closed my account and now Lloyds TSB insist that I pay Moorcroft...

It is standard practice to send an I&E as it reaffirms that the offer is a pound is a fair and reasonable one. The whole notion of not sending one is pretty daft. Any debt advice organisation worth their salt will tell you to send one. It isn't obligatory of course, but not sending one can sometimes cause further grief that could have been avoided.

They should have sent an I&E request before accepting my offer of £1 per month (reviewed after 5 months) rather than sending it after receiving my 3rd payment.

Moorcroft accepted my offer so I will not be filling completing an I&E statement.

No obligation to send Morecrap an I&E form. Is interest still being added? Why are they involved?? Have you had annual statements??

The debt was for going into an unauthorised overdraft. I disputed the charges until blue in the face and even made a complaint to the F.O.S who ruled in favour of the bank ....

Lloyds TSB have passed the account to Moorcrap for collection and no interest is being added to the outstanding balance.

Yes , no need to fill it out.

Ignore it and keep paying your £1 token payments

I have no intention of sending an I&E statement .... it's £1 per month or nothing!

Moorcroft contacted me 3 months ago regarding an old Lloyds TSB account I had which had an outstanding overdraft that I owed.

I am currently unemployed and receiving Jobseekers so I have very little disposable income. I made an offer of £1 per month, which Moorcroft accepted. I had a letter from Moorcroft this morning asking for a detailed income & expenditure statement.

I have already made 3 payments of £1, why are they now asking for an I&E statement? They can go and whistle as they are lucky they are getting £1 per month.

It has been said a million times how these authorities lack the guts and the will to really reign in these legal sharks. Here is just another example of them pretending to do something and making statements designed to fool the public.

Nothing has changed whatsoever and nothing ever will until they get someone other than whimps and couldn't care less people to run these departments.

Well said.... This country is ran by corporates and bankers and the more and more I read and educate myself the corporations and bankers are corrupt and dishonest.

Who funds and regulates the FCA? It's all smokes & mirrors!!

Microcredit Limited trade as: MiniCredit.co.uk and Minicashloans.co.uk

Microcredit have an active 'Interim permission' from the FCA. Consumer credit firms that held an OFT licence and wanted to continue to offer consumer credit had to register for interim permission.

Interim permission will last until a firm has to apply for authorisation or a variation of permission in its allocated application period, which will be between October 2014 and March 2016.

Just ignore them, there is zero they can do, file it under ignore.

Already filed under Ignore ... Just wondering since the Wonga/FCA kerfuffle some Payday lenders /DCA'a are starting to see if they can try their luck before the FCA start to dig their claws into other Payday lenders

Update

It's been over 2 years and I haven't heard a peep out of Minicredit/Microcredit/Opos.

This morning I received an emal: Notice of Assignment of Debt to a company called Kapama Limited who are the sister company of Opos, the email actually states "All of the debt purchased by Kapama Limited is managed by our sister company Opos Limited"

Over 2 years and hey haven't been able to provide a CCA or provide evidence of my liability yet they have managed to shuffle the paperwork to another desk within the same company!

Anyone who is in arrears and there debt has been sold are not included

It will be interesting to see how this develops! I am 100% sure that I read on the Wonga website the other day that loans that have been sold would be included. Now that the 10th October has passed it appears that Wonga have removed the section regarding loans sold from their statement.

It's all smoke and mirrors from Wonga but would you expect anything different??

If Wonga have sold the debt to a third party then in theory as the third party have paid Wonga a fee, effectively hasn't the third party paid the Wonga debt off?

No way on this earth have I had 30 + 1 PDL's albeit probably alleged rollovers from PTP and if this was the case wouldn't this suggest irresponsible lending?

I still require MMF to to provide unequivocal proof, Names and addresses of the bank (s) that the alleged loans were credited to and account numbers and any other data relating to the accounts that the alleged loans were credited to.

I will do, should I address it to Neil Petty? mind you he will only end up passing it on to one of his colleagues to deal with it.

Thought you said youve never had a loan from them? Or are you taking into account the bit about 30 loans... / 30 months ? (2009 - 30 months = mid 2006)

Hand on my heart, as far as I am concerned I have never had a payday loan from PTP.

MMF have purchased the alleged debt from PTP and have started to record information on my credit file.

I have asked for proof from MMF regarding the alleged debt and in response MMF claim that Pounds Till Payday have confirmed the bank account the loan was paid to was in my name. As were the previous 30 loans, obtained. (No Documents to support the claim)

My credit file states that the Account Date Start is 08/05/2009 and a default was issued just 21 days later on 29/05/2009

30 loans from the same company - that would suggest 'excessive rollovers' to me...

 

Something smells here - especially with MMF seeming to 'corner the market' in collecting alleged debt from a very murky area of the sub-prime financial scene (couldn't really use the word 'market' here again)

 

This company has hit an all time low and it would be very pleasing to see the FCA show their teeth and close them (and another company in the same area beginning with and ending in L) who seem to be collecting virtually statute barred debt by dubious means.

Hello sillygirl1

30 loans from the same company would suggest 'excessive rollovers' which would point to the fact that I started a financial relationship with PTP in 2006 and not 2009 as stated on my credit file.

In this situation there are it seems 2 realistic options.

Play MMF along disputing all that it days and does/ and making a formal complaint to the Malta address.

 

 

State Clearly that you have never been a customer of PTP or any other trading style used by PTP.

 

 

Require them (don't ask) to provide unequivocal proof that you have ever had any a loan agreements with them.

 

 

You Require the Names and addresses of the bank (s) that the alleged loans were credited to.

 

 

Your require them to provide the account numbers and any other data relating to the accounts that the alleged loans were credited to.

 

 

Unless the data required is provided within 14 days of the date of the letter PTP must withdraw the alleged debt from MMF and remove all adverse data from credit file forthwith.

 

 

Just a few ideas for you to play with drob.

 

 

Copy it to Neil Petty at MMF.

 

 

 

 

PS love the avatar of Mr Petty on the phone!!

Thank you for your help & advice. I will compose a letter to MMF tomorrow to provide unequivocal proof of the alleged debt and to provide names and addresses of the bank (s) that the alleged loans were credited to.

I have just had a word with a colleague who deals with PDL debt problems as part of her job, she tells me that PTP has responded to SARs when sent to the Malta address.

 

 

A little more, she has asked me if your loan was applied for via a broker/agent or direct from PTP?

Hand on my heart, as far as I am concerned I have never had a Payday loan from PTP

I'll see what I can find drob.

Thank you

Sound "made up" to me.

A SAR to PTP could produce the information, OR as has happened before the loan provider will " not recognise" your ID and will not supply any info because of the DPA.

The only address I can find for PTP on their website is in Malta so i think sending a SAR will be a waste of time & £10

Pounds Till Payday have confirmed the bank account was in your name. As were the previous 30 loans, obtained.

If this fact is true (which it is not) it would be interesting to find out if the alleged 30 loans were obtained from PTP or other lenders. Either way the allegation is absurd as it would indicate that I have had 30 Payday loans

Are they not obliged to have a UK address ?

 

Yes, for sure I can see there is something decidedly dodgy going on - I really don't know what else to suggest. Other than to insist that until they provide you with the bank details that were supposedly used for these loans and also that until they do, they should stop reporting to the credit files.

I have had a good look on the PTP website ant the only address I can find is.

PoundsTillPayday.co.uk is a trading name of Northway Financial Corporation Limited. Northway Financial Corporation Limited is regulated by the Malta Financial Services Authority.

Northway Financial Corporation Limited

PoundsTillPayday.co.uk

Level 5 Plaza Commercial Centre

Bisazza Street

Sliema SLM 1640 Malta

Is iData Protection Act 1998 - Section 10 applicable to MMF (If a DCA is chasing you for a debt and they have no paperwork, then they have no right to process your data)?

Have you sent them a Subject Access Request, drob.. the bank details should be on something.. !

 

I think you do need to make a complaint to the FOS and FCA about this..it is very scary.

 

I would be wanting some compensation for the CRA recording as well.

Hi citizenB

I think sending a SAR to Pounds till Payday will be a waste of time and money as their address is Sliema, Malta.

I have dealt with various DCA's over the years and NONE have made any references to bank accounts & how many loans I may or may not had, something is NOT right!

Pounds till Payday have never recorded any information on my credit files, however as soon as MMF purchased the alleged account they started to record data to the CRA's.

a) The Account Date Start is 08/05/2009

b) The duration of the alleged loan was 29 days however it was due for repayment on 29/05/2009 so that's 21 days and not 29 days

b) The default was issued on the due date for repayment 29/05/2009 (This would not allow me 14 days to rectify the default)