Jump to content

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4401 days.

If you need to add something to this thread then


Please click the "Report " link


at the bottom of one of the posts.


If you want to post a new story then


Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 



Recommended Posts

I have recently been offered a short settlement on my two MBNA accounts. One was originally an MBNA account and one has been acquired by MBNA from SONY. The short settlement was attractive but more than I could afford and so they have agreed to reinstate a long running arrangement whereby I pay c£100 / month and do not apply interest and charges. I was broadly satisfied with this although £100 is a lot of money but this site has given me a new perspective.


It seems that the accounts may be unenforceable and also, I am sure that a large proportion of the balances would have been made up of charges etc.


What I am looking for here is a strategy. Should I start with a CCA request? I have not seen any evidence on this site of success, only of lots of (what looks like) well constructed legal argument.


Would I be better to go straight for SAR and claim back unfair charges? Would all goodwill evaporate and they start applying interest again (or worse, turn back the clock and apply interest retrospectively)?


Would I be better to let sleeping dogs lie and continue with the arrangement?


Help please.

Link to post
Share on other sites

One question I would be asking if I were in your shoes would be 'why are they offering a short settlement?' Could it possibly be that the account is so old that there isn't an enforceable agreement in place?


There are two routes you could take, request a CCA which would cost £1 and they would have to provide you with a 'true copy' of your agreement within 12+2 days otherwise you could dispute the account and withold any future payment until an enforceable agreement is provided. The second is a SAR which would cost £10 and they would have 40 days to comply to your request. Not only would this contain the CCA but also a statement of any unfair charges which you could claim back.


Either one will do but MBNA will know your reasons and they are not a particulary easy company to deal with if they decide to dig their heels in, so you should be prepared for a fight.

Anthrax alert at debt collectors caused by box of doughnuts


Make sure you do not post anything which identifies you. Although we can remove certain things from the site unless it's done in a timely manner everything you post will appear in Google cache & we do not have any control over that.


Vir prudens non contra ventum mingit



17 Port & Maritime Regiment RCT

Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.

  • Have we helped you ...?

  • Create New...