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    • Yea but the annoying this is that they're not based in england so they won't even come. Just a 2mo delay for no apparent reason.
    • Hi dx, thanks. Yes actually, that is the case with this one! I've taken tomorrow off work, I need to review the whole binder for each of these and I'll refrain from further questions until I do just that. Just on hold for court ref Claim #2
    • 1. who knows... 2. not the whole A/C vanishes from your file on the DN's 6th b'day ...already carefully explain this. 3.yes 4.already carefully explain this.
    • if i remember rightly, long ago in one of the first drafts of the old proposed gov't overhauls, there was a listing of recommended 'charges' that inc wrong reg = £20. some PPC's implemented such changes in advance. then later as it looked increasing likely the new code was never going to be implemented after it's 1st review and another set of codes was to be debated they all quietly revert back .......... dx
    • Potentially it may not even get sold on? Just the default left for 6 years then gone? but if it is sold on ill get a letter from the DCA which is the notice of assignment? Sorry what is the different between a default notice and a default cal marker? yes, i may try and work arrangements out with the OCs after the breathing space but I'll see my circumstances then thank you again for all your help and patience, I really appreciate it and apologies If i am too fast or repeating myself.
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MBNA & Abbey cc, full and final settlement advice.


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Ok... Have received an email reply offering me a settlement:

 

"I have spoken to the Director with regards to your accounts, and the lowest amount that we are prepared to accept as a short settlement is £5500.00 across both of your accounts.

This would need to be paid as follows:

Account ending XXXX would need a debt/credit card payment of £135.12 to be paid by the 28th August at the latest, and the remainder of £2188.27 to be sent by Cheque immediately.

Account ending XXXX would need a debt/credit card payment of £139.68 to be paid by the 28th August at the latest and the remainder of £3036.93 to be sent by Cheque immediately.

On the basis that this goes ahead we will register a partial settlement with the Credit Reference agencies for six years and you will no longer be liable to pay the remainder of the balance. Neither MBNA EBL nor any of its subsidiary companies or collection agents will ever pursue you for the remaining balance."

 

I can only afford to offer £4100 and that's what I'm borrowing from my partner. And there is no way I can magic up the extra £1400 in 3days. Not sure how next to proceed. Even if I didn't pay any rent or bills this month and didn't eat my salary wouldn't cover the extra. That's more than I get paid!

 

Any ideas???! :eek:

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tell them what you can afford, going through something similar myself and in the process of telling them i can only afford a certain amount. my view is your desperate as am i to get something sorted so you think you can get 20% at a stretch they ask for 40% so you start thinking of borrowing more or using another credit card (if you have one) but at the end of the day you don't want to get yourself in the same position. Offer what you can if they don't except you've got a great chance with the debt collection agencies to do the same (as i have been told on many occasions) just calm down and make a rational decision they know this is an olive branch for most people, a way to get out of the hole they are in. sorry for rambling (had a beer) but make a decision which suits not just whats available.:)

If you feel I have helped please tickle my scales;)

 

 

MBNA - Ongoing

Egg Loan - Ongoing

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Hi Talbot. Thanks for your input. I'll give that a go. What I have offered is all I can afford. The only other option is to say I can give them a bit more (not what they are asking but a bit more), but only if it's stretched over a few months...

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up to you but like i keep telling my OH offering a bit more won't change their decision i.e. not accepting 20% but accepting 23%. They have a set timeline in my opinion and when it gets to a certain time 6 months and ready to sell on they chance their arm in a lot of cases but i have seen partials as low as 15% on here. What percentage are they asking for?

If you feel I have helped please tickle my scales;)

 

 

MBNA - Ongoing

Egg Loan - Ongoing

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Hi Talbot, they're asking for 34% so I guess there is room to haggle. They've given me until Friday to decide and to get the funds to them which isn't very long considering it's Wednesday!

 

I've gone back and offered them 28%. My first offer was 25% so we'll see.

 

Fingers crossed!

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Thank the lord. We've reached an agreement of £4500. A little more than I hoped but at least I can draw a line under the whole saga within two months.

 

Have to pay £135.12 & £139.68 on the 28th of Aug and then the outstanding within 60days.

 

Have also had confirmation that I won't be chased for the remaining debt by them or a third party.

 

Thanks god and thank you all for your help advice and support. Now I hope to be able to give something back.

 

If I wasn't so skint I'd buy you all a drink! ;)

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Well done kb_ba1 - so pleased you have got a result you are happy with:D

LTSB PPI on various loans (current/settled) - Refunded inc 8%

 

MBNA 1 Charges - Refunded inc CI

 

MBNA 1 PPI - Refunded

 

MBNA 2 Charges - Refunded inc 8%

 

MBNA 2 PPI - Refunded

 

MBNA 2 Accident Ins - Refunded

 

Swift Advances (settled) Mortgage Charges -Partially refunded

 

Swift Advances (settled) Mortgage PPI - Refunded inc CI & 8%

 

Sainsburys (settled) Loan PPI - Refunded inc CI +8%

 

Sainsburys (closed) Card Charges - Refunded inc CI + 8%

 

M&S Money (closed) Card Charges - Refunded inc CI

 

M&S Money (closed) Card PPI - Refunded inc 8%

 

Direct Line (settled) Loan PPI - Refunded inc CI + 8%

 

Debenhams Card (closed) PPI - Refunded inc 8%

 

Swift Mortgage Charges -Refunded

 

Hitachi Finance (closed) Charges - Refunded

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Thanks Jim and Landy. I'll follow your progress with interest.

 

Good luck to you all. I'm sure you'll get there eventually. Keep up the fight and don't let our friends at MBNA win.

 

x

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