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What is Statutory Arrears Notice pls


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hiya got a letter just informing me that the creditor is obliged by law to send a notice when the last two minimum payments have not been received by due dates, if the payments are now fully upto date i need to not take any further action.

 

the notice been sent relating to arrears under credit agreement and is in compliance with the cca 1971 because im behind with my payments, and to contact them

 

i have had a compliant with these creditors and they have now gone back to agreeing to my original payment plan, however, this has arrived after i sent them my cca request....

being cynical i guess, still awaiting on cca and will do a new thread

 

However, for me to understand fully what does it actually mean and does it show as missed payments on my credit files - i dont think its a full default as such is it, as no dates to remedy the default.

 

your replies will help myself and others - many thanks maz:confused:

Im happy to help with support and my own thoughts, but if I offer any thoughts to your problems please take it as from my life experience only and not of any legal standing. Always take further advice from the legal experts in your final action.:)

 

my new motto is,,,",Taking back control of your life and home - such peace is priceless"

 

This is all due to truecall device , have a serious peek at this you will be thankful like I am x laters angel :D

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hiya can i pls bump up many thanks maz

Im happy to help with support and my own thoughts, but if I offer any thoughts to your problems please take it as from my life experience only and not of any legal standing. Always take further advice from the legal experts in your final action.:)

 

my new motto is,,,",Taking back control of your life and home - such peace is priceless"

 

This is all due to truecall device , have a serious peek at this you will be thankful like I am x laters angel :D

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