OLD Repaid loans & Debts

[losingwilltolive]

Aplogises if someone has already previously answered this. I have 2 lots of repaid loans/debts from 2006 which i eventually repaid through various DCA's etc and remember that both had added on some cracking charges,fees etc ( not aware of this site back then!!)- Is there anything i can do now??

To confirm that both have been fully repaid in 2006

Thank You

[spamheed]

you can send an SAR to the original creditor (this costs £10) and should provide you with a set of statements which will show what charges were applied to the account.

 

These can then be reclaimed

[losingwilltolive]

Thank you- I will send the SAR to original creditor and not the DCA- on receipt of the information is it all charges thatcan possibly be reclaimed or just certain ones

Thanks

[spamheed]

Charges must not be punitive in nature, they must be representative of the tru cost to the creditor, ie. charging you £30 for bouncing a chq would be seen as punitive.

 

At the moment there is no clear set of charges, so the best way to go is simply request that any charge made against your accounts outside of the normal running of the account should be claimed

[losingwilltolive]

Thanks for that but i should jhave also asked that what if the charges from original creditor were ok'ish but it was the DCAand/or Solicitors who placed massive charges on the account

[spamheed]

Charges can only be applied to an account if they are specifically stipulated in the agreement, in other words if you agree to these charges in advance - when you sign the agreement.

 

DCA's and Solicitors cannot apply charges to your account AT ALL!!

 

The only time charges can be applied to a debt outside of the terms and conditions of the agreement is by the order of the courts

 

eg. If I employ a DCA to collect a debt for me, I am responsible for their fee, not the person who owes the money. if they have applied charges to the account, then they are completely unlawful.