Jump to content

You can now change your notification sounds by going to this link https://www.consumeractiongroup.co.uk/index.php?/&app=soundboard&module=soundboard&controller=managesounds

 

You can find a library of free notification sounds in several places on the Internet. Here's one which has a very large selection https://notificationsounds.com/notification-sounds

 

 

BankFodder BankFodder

 

BankFodder BankFodder


angel49

No response to offer of repayment

style="text-align:center;"> Please note that this topic has not had any new posts for the last 4028 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hello

 

I have a loan that I had fallen behind with when my circumstances changed. I sent off a budget sheet along with a request for reduced repayments. This was in March, I have had no response other than further demands to bring my repayments up to date.

 

Today, I have received a further notice of another default sum of £25 added to my account.

 

I have written and reminded them that I am waiting for a response to my offer, is there anything further I can do because they are adding this £25 on each month.

 

Thank you in advance

Share this post


Link to post
Share on other sites
Hello

 

I have a loan that I had fallen behind with when my circumstances changed. I sent off a budget sheet along with a request for reduced repayments. This was in March, I have had no response other than further demands to bring my repayments up to date.

 

Today, I have received a further notice of another default sum of £25 added to my account.

 

I have written and reminded them that I am waiting for a response to my offer, is there anything further I can do because they are adding this £25 on each month.

 

Thank you in advance

 

Hi angel,

 

This loan, is it for less than £25k and CCA1974 regulated, when did you take it out? If pre April 2007 have you CCA'd the lender?

 

If you can answer the above more accurate advice can be given.

 

As a first step, to get a response you could head a letter FORMAL COMPLAINT and just mention in the letter that they are not responding to a valid request for reduced repayments. But you could be better off doing a s78 request, depends on the answers to the questions above.

 

S.


Are You as Anonymous on CAG as You Think You Are? *Link*

 

The CAG is a free help site,should you be offered help that requires payment,please report it to site team.

 

Deal with your debts:

STEP ONE - Dont Panic! | STEP TWO - Priority & Non Priority Debts | STEP THREE - Personal Budget Sheet | STEP FOUR - A SAFE bank Account | STEP FIVE - Dealing with Priority Debts | STEP SIX - Non-priority Debts | STEP SEVEN - Non-Priority Debt-Repayment Opt1 | STEP EIGHT - Non-Priority Debt-Repayment Opt2 | STEP NINE - Perils of Consolidation | STEP TEN - RE-Evaluate Frequently

 

***** SERIOUSLY IN DEBT, DONT KNOW WHAT TO DO, TRY NationalDebtLine's MoneySteps *****

 

 

IMPORTANT: Please take my advice in the spirit it is given and on the basis that I am expressing my opinion, These opinions are not endorsed by CAG in anyway and are offered informally without prejudice or warranty of any kind. These opinions are solely based upon the knowledge I've gained from this fantastic site and life in general. I have NO legal training.

Share this post


Link to post
Share on other sites

Thank you for your reply.

 

The loan was for £3000 and taken out in 2007/2008.

Share this post


Link to post
Share on other sites
Thank you for your reply.

 

The loan was for £3000 and taken out in 2007/2008.

 

Ok loans taken out that recently are more likely to be enforceable and dont benefit from pre-april 07 rules on missing prescribed terms. It still might be worth doing a s78 request though!

 

I would send the formal complaint and see what they respond with, they have to respond to this, if they dont you can go to FOS and complain about the companies conduct (although you will have to wait 8 weeks :-( )

 

Meanwhile I would just keep paying the amount you can afford. The default sums they have added can be challanged later on down the line.

 

S.


Are You as Anonymous on CAG as You Think You Are? *Link*

 

The CAG is a free help site,should you be offered help that requires payment,please report it to site team.

 

Deal with your debts:

STEP ONE - Dont Panic! | STEP TWO - Priority & Non Priority Debts | STEP THREE - Personal Budget Sheet | STEP FOUR - A SAFE bank Account | STEP FIVE - Dealing with Priority Debts | STEP SIX - Non-priority Debts | STEP SEVEN - Non-Priority Debt-Repayment Opt1 | STEP EIGHT - Non-Priority Debt-Repayment Opt2 | STEP NINE - Perils of Consolidation | STEP TEN - RE-Evaluate Frequently

 

***** SERIOUSLY IN DEBT, DONT KNOW WHAT TO DO, TRY NationalDebtLine's MoneySteps *****

 

 

IMPORTANT: Please take my advice in the spirit it is given and on the basis that I am expressing my opinion, These opinions are not endorsed by CAG in anyway and are offered informally without prejudice or warranty of any kind. These opinions are solely based upon the knowledge I've gained from this fantastic site and life in general. I have NO legal training.

Share this post


Link to post
Share on other sites

yep

don't ASK permission for a lower payment rate.just write and TELL them they will only get £xx of xx mts.

they have no legal right to ask details of your in/out, so dont bother in the future.

 

if and a big IF it ever went to court, no judge would ever make you pay more htan you can afford, infact in many cases, he will laugh them out he door and order a lower repayment.

 

its YOUR money you control where it goes

 

dx


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, DCA;s would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

Thank you for your help.

I'll get a letter out tomorrow. Will let you know what happens, thanks again.

Share this post


Link to post
Share on other sites
yep

don't ASK permission for a lower payment rate.just write and TELL them they will only get £xx of xx mts.

they have no legal right to ask details of your in/out, so dont bother in the future.

 

if and a big IF it ever went to court, no judge would ever make you pay more htan you can afford, infact in many cases, he will laugh them out he door and order a lower repayment.

 

its YOUR money you control where it goes

 

dx

 

True to an extent but its always better to have their agreement, without it they can just keep adding extra interest, charges, and default notices on your credit record.

 

If you have an agreement with them and you stick to it you can avoid all of the above.

 

Andy

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...