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    • Hi Tawnyowl here,i have been watching events over the last week or so as things develop. Labrat,such a sense of humour.😀 Hi honeybee13 . Sure does     Anti-fracking campaigners have reacted with concern to news that the British Geological Survey (BGS) signed a non-disclosure agreement with Cuadrilla over access to operational data. https://drillordrop.com/2019/08/24/suspicion-over-fracking-firms-secret-deal-with-geological-agency/   Cuadrilla has been accused of trying to downplay last night’s 1.6ML earth tremor caused by its fracking operation near Blackpool. The tremor, at 8.46pm, was the largest so far recorded at the Preston New Road site since fracking began there in October 2018. https://drillordrop.com/2019/08/22/living-in-fear-residents-respond-to-1-6ml-fracking-tremor/ Energy firm Cuadrilla said a 2.23-magnitude tremor was recorded at its facility near Blackpool at 11.01pm on Saturday – the third “micro seismic event” this week. While some local residents may have felt the movement, it was not strong enough to have caused any damage to property, the firm added.  Do you believe anything this company says. Like their so called micro seismic events you would think damage could have been caused to properties. Once buildings start shaking this must happen surely. I was approached this afternoon while at a cricket match. Just chatting way about this and that when the person said Did you feel the Earthquake last night. I had not even heard about it,tell me more i said. Lights and windows shaking moving around about a mile away on one of the North of Englands largest housing estates. And there are reports of many more people feeling this event covered on this link. Why should a community be put through this,waiting for the next one. People living around Cuadrilla’s shale gas site reported shaking buildings and windows last night from a 2.1ML tremor. This is the strongest seismic event so far induced by fracking at the Preston New Road site near Blackpool. It brings to more than 90 the number of tremors since fracking resumed at the site less than a fortnight ago. Within minutes of the tremor, there were reports that people had felt it from surroundings towns and villages including Blackpool, Weeton, Westby, Peel, Kirkham, Wrea Green, Great Plumpton and Lytham St Annes. Much more on the link. https://drillordrop.com/2019/08/25/call-for-fracking-ban-after-2-1ml-tremor-shakes-buildings-around-cuadrilla-shale-gas-site/   You might notice that the BGS has a page now for human activity causing Eartquakes-link Last updated: Sun, 25 Aug 2019 18:10:00 (UTC) This list contains seismic events for which there is strong evidence that they have been induced by human activities. It is linked to a database of seismic events and locations and magnitudes may change as events are re-analysed and revised. Background, tectonic seismic activity is reported on our recent earthquakes list. http://earthquakes.bgs.ac.uk/induced/recent_uk_events.html   I had better leave it there for now, more soon.,how will it all end because surely it will. Things cannot carry on much longer like this,can they? Bye for now. Tawnyowl writing from the Earthquake centre of Great Britain courtesy of Cuadrilla Fracking.
    • happy for mod to move it to suitable location under thread title Background: Thanks in advance for any thoughts you can share. This is a very long history, I appreciate your time. In 2011 I took out a £8500. loan from Borro private finance against art and jewellery to make ends meet. The agreements are attached below. This is a CCA. Borro regulated by the FCA. The interest rate is APR 68.8  % for 6 months.  I paid the interest and capital during the period term. On 3 May 2012  I renewed this loan at 79.4% interest for another 6 months.  Last week I requested all evidence the lender holds concerning the agreements. Missing are 03/05/2012 through 14/06 2013.( not under a SAR).  I fell into arrears on the loan and one piece of jewellery was sold, reducing the balance to £6400. Dec 2014.   The lender took a payment of interest £2044.16.  Renewed against the other items ( art etc) on this loan.  The new interest rate increased to 88.8%  . At the time the ring was sold, I requested all documents concerning the sale. Borro produced none. The ring is appraised at $17,5000.  £14,000.  The ring was sold for £3500.  I have an appraisal. I was notified prior to the sale. The ring was sold by "private treaty". I continued to ask for information about this sale until todays date. No information has been provided.  I took a huge loss . The ring is not clearly described on the inventory compared to the appraisal. Documents missing from Borro response to my request include 25/10/2014 to 10/04/2015. I was in arrears on this loan and a new agreement was made. The loan amount was increased to £10,810.00 and the interest rate decreased to  80%.  what is interesting is that the lender should have sold this ring, the value was sufficient to pay off my debts. But that is not what happened. someone got a deal on a nice ring.  II. ON 1, Jan 2012, I took out a second loan in the amount of £3000 against another piece of Jewellery. The interest was 68.8%. I paid the P&I on this loan.    Missing from the requested information is agreement from July 10/2012 until 12/12/2012.  I did pay interest during that period and on 12/12/2012 through 11/06/2013 I renewed  with an interest rate for 79.4 %.  I renewed on 04/07/2013 through 03/06/2014 interest rate 97.8%.  I renewed this loan on 03/01/2014 interest rate was 88.8. Take note there is very little description about this item. I redeemed the loan but ended up back in the pawn. 19/06/2014 to 18/12/2014 interest eat 94.5%. I renewed this loan again 19/03/2015 . Interest rate was 93.2%. Now there is a clearer description of the ring. Documents missing from Borro response to my request include 012/06/2013 to /10/2014 to 10/04/2015. Information on the  description is also scant until I took the loan out again in 2014. The last payment on either loan was March 2015. Default date was September 2015. The lender still has my property.   PROBLEM: In 2013, Borro became aware that the reason I had pawned these items was that I was a plaintiff in a substantial lawsuit in the US. I borrowed because I had lost my job. I was not able to work( I had been FCA regulated). I was facing eviction, had serious financial stability  and some mental health problems. I gave them a copy of the pleadings. They are aware that I had claimed these loans as part of my damages.  In 2015, Periodically I requested the accounting. Some was provided some was not. As a result, in  2016, the head of credit wrote to me " "Thank you for coming in to see me today. As discussed, we will freeze your accounts with us from today the 14th October 2016 until the 31st of December 2016. This will mean that no further interest will accrue until the 31st December 2016 and we will not consign to sale until on or after the 31st December 2016."  I did not hear from them again until  08 February 2017. On 30/03/2017 I responded to Borro request that I give them an update on the accounts. I wrote that I needed a settlement figure.  No response the following week I personally met with the manager I had been dealing with. She told me that " we are not going to sell your property". We understand that you have fallen on hard times, we are human. How long will it take you to sort this out. I responded about 2 months."   I did not hear from Borro again until I wrote to them on 18/03/2019 where I stated, " the last time we met you were going to give me a settlement figure". There was no response. As a result, on  18 March 2019 I sent  an email to - Subject: RE: Borro Accounts. Dear Lender. Hello. The last time we met, you were going to give me a settlement figure. Litigation is still ongoing. We have a potential investor that has asked me to get a figure from you. Depending on that number, I can let you know if I can pay the bill and collect my things in the next few weeks. Please get in touch as soon as possible". no response.   In early July 2019 I received a call from someone at Borro. It was not a good time. I asked him to call me back the following week. I did not hear from him again either. On  6 august 2019 I received an email from Borro that I should log into my account. I was unable to. The following week I wrote to them and in summary: On 13/08/2019 I wrote and included a summary of the events: I am writing to advise you that I am obtaining advice concerning the  account. You are aware that you have not pursued any further action on this account since approximately 2014(or earlier) . This is because I had an agreement with Name Deleted that Borro was not “going to sell my property,  I recited the above summary of events.   Certainly, I had no intention to give up valuable property for almost 8 years and pay interest and principal for this long. I want to develop a resolution to the matter between us. In order to achieve this, Please can you provide me with the following information which is attached in a spreadsheet: I need a very simple accounting and please answer the below: Any renewed loans where additional credit was extended through the re-appraisal of the assets ( ie using the asset as leverage) to extend further credit where the loan proceeds were applied to the loan for reinstatement purposes. What were the source of funds for the last payment made? Because I am seeking advice with a view towards finding a resolution, I would appreciate it if you could hold action on the above account for a period of at least 30 days to give me the time  I need to obtain advice. If you are adding interest or other charges to the account, I would be grateful if you would freeze these during this period so that my debt does not continue to increase. Please can you send me the enclosed spreadsheet and the documents you loaded into my account as soon as possible. This will enable me to obtain accurate advice. I will contact you again as soon as possible with further details of a  proposal to resolve the account. ( so far this lender has not complied with my request)   SETTLEMENT OFFER From: Borro Customer Service <Contact@borro.com> Sent: 14 August 2019 13:22 To: Subject: RE: Your Loan Account   Dear borrower. Thank you for your email and for getting in touch with Borro. As you would be aware there have been many loans with Borro, with two loans that remain outstanding which we are seeking to resolve with you. Given the significant period these have been overdue, the current balance on these two loans is almost £52,000 of which the majority is interest. In order for you to move on from this debt it is proposed to sell the collateral associated with Loan DIAMOND RING 175643 in full and final settlement and return all the items under Loan 198678 to you. This would generate a loss for Borro of approximately £49,000, however given your circumstance this is something we are prepared to offer. While I would love to pay Borro £3000. I do not currently have the funds. Borro is aware because I wrote to them on august 13 advising them i am not working. I do not want to lose my property. I need to find a way for them to walk away, give me my property back. WHAT ARE MY OPTIONS? Below are the questions I have or could raise in order to "negotiate with them". Is this a high interest short term loan? What are the effects of an CCA that has an interest rate of 93.6% and is renewed every six months? It appears that one loan was "Refinanced".  What FCA terms did they violate which might apply to this situation ? After the agreement expired and terms were changed, what rights does the PB have to collect further payments or sell the ring? Did they waive their rights to further payments? How can I use refusal to produce sale information concerning the first ring, to negotiate my way out of this? What is interesting is, they sold a £14,000 ring privately, concealed the buyer and other information, then turned around and INCREASED THE INDEBTEDNESS substantially. In fact they want to do this again, but this time are offering to  write off £49,000  in other interest. What am I missing? What effect does violations of FCA 6 and 7. help me to negotiate a settlement. Is the FOS effective threat to the firm to pressure a settlement? Does a cost cap apply to these loans and if yes what is the amount of the cap? How can I use the current appraisal and FCA or any other rules to stop them from selling the ring for less than market value? I have someone looking at the accounting to see if there are errors. found several when query. anything you can find that voids the agreements? Anything else you can think of THANK YOU!!!   RING.pdf art.pdf
    • I am so sorry I see the confusion now, I was meant to say CAB not CAG. They are just sending him letters to copy and send which doesn't seem helpful at all.    I also apologise for the vague details right now. I actually thought he had got rid of the car already until he mentioned it as he dropped me off home, so I've only got a vague idea myself, i just wanted to see if there was anything he could do other than send letters. I will get more details from him and update this thread, or get him to join as you have advised.  sorry 
    • It was a late payment, no default 
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AngryWithAmex

Angry With American Express

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Hi

1st time user on this site, so hopefully someone can give me some advice :D

 

6 weeks ago i phoned american express and informed them that i'm going to ibiza on holiday just so they knew i would be using my card abroad as i have done for the past 9 years, they said ok and that they would put a note on my file.

 

1 week before i was due to fly, i got a letter informing me that they were cancelling my cash withdrawal and reducing my credit limit, i phoned and asked them why and was told i was a high credit risk.

 

I then asked when in the last 9 years had i missed a payment or made a late payment, i also said if i was a high risk why 3 month ago did i get a letter of them telling me i was a excellent customer and they were reducing my intersted rate, they had no answer.

 

I then checked my experian score and file and that was ok, no problems, i'm now about to send away for a subject access request to try and find why i'm now a high risk.

 

So this is my question.

 

If they fail to supply all information required, or cannot provide a legal credit agreement, can i put the account into dispute and refuse to pay anything until they have provided me with all the information i have asked for, basically a vaid credit agreement, as when i applied for the card, it was in a motorway service station on the M6, you will have seen the sales reps trying to sell you goods.

 

As i said earlier i'm fuming with american express, if this is how they treat their customer after 9 years.

 

John

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Hi

 

If they fail to supply all information required, or cannot provide a legal credit agreement, can i put the account into dispute and refuse to pay anything until they have provided me with all the information i have asked for, basically a vaid credit agreement

John

 

Yes. Also, you should get the information as to why they have reduced your credit limit etc.


:)I am not an expert, but I can give good advice about Brighthouse:)

 

Am learning more and more about DCA's too :)

 

I have no legal experience and all advice given is based on the knowledge I've gained from this site.

 

<------If you think I have been helpful, please feel free to tip my scales - remember to put your CAG name though!

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Hi

Amex has replied to my subject access request. Can anyone check this agreement, i'm sure its not valid in fact its not even an agreement but a application with no t&c's.

 

I'm about to reply with following letter but need help filling the gaps.

 

Dear [name here]

Thank you for the information I received today (02/09/2009), after looking through the information I noticed that a valid credit agreement was not supplied.

A valid credit agreement must include the following:

Although the letter you sent states “Credit agreement regulated by the consumer credit act 1974”, it is not a valid credit agreement under UK law as the information above is missing.

Thanks

Agreement.jpg

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Hi Angrywith Amex,

Unfortunately the pic is too small to read. Might be better to upload it to TINYPIC.COM (free and no registration needed) and follow the instructions on there.

Regards,

Elsa


PLEASE NOTE... I AM MOST SORRY BUT I HAVE VERY LIMITED AVAILABILITY AT THE MOMENT DUE TO EXTREME PRESSURE OF WORK - IF YOU REQUIRE URGENT HELP ON YOUR THREAD AND ARE GETTING NO RESPONSE PLEASE HIT THE TRIANGLE FOR SITE TEAM ASSISTANCE. ELSA XXX

 

Please check out my BLOG for the quick guide to debt threats - it has all the info & letter template links you need to get started on your journey of TAKING CONTROL. :roll:

 

All opinions are my own based on research. I am not legally qualified, if in doubt please consult a legal expert.

Hope this has helped or made you smile. Keep your chin up, you're among friends now! Elsa xxx

Please click the *star* of any CAG member who has helped you .

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Hi,

Certainly non of the prescribed terms on that. Any mention of T&C's on the rear of the document?


PLEASE NOTE... I AM MOST SORRY BUT I HAVE VERY LIMITED AVAILABILITY AT THE MOMENT DUE TO EXTREME PRESSURE OF WORK - IF YOU REQUIRE URGENT HELP ON YOUR THREAD AND ARE GETTING NO RESPONSE PLEASE HIT THE TRIANGLE FOR SITE TEAM ASSISTANCE. ELSA XXX

 

Please check out my BLOG for the quick guide to debt threats - it has all the info & letter template links you need to get started on your journey of TAKING CONTROL. :roll:

 

All opinions are my own based on research. I am not legally qualified, if in doubt please consult a legal expert.

Hope this has helped or made you smile. Keep your chin up, you're among friends now! Elsa xxx

Please click the *star* of any CAG member who has helped you .

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Hi Undercover-Elsa

 

They have sent me no t&c's what so ever, so i'll draft a letter and request t&c's and credit agreement

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Hi :)

Bumping this for others on the morning shift to have a look.

Have a read of this page/thread: http://www.consumeractiongroup.co.uk/forum/debt-collection-industry/181538-advice-2-ccas-please-2.html

which gives some good background info/sample letter/legalese about a similar agreement.

Also, the "questionable agreement" letter template in the library could be incorporated to suit your circumstances, maybe tastefully blended with sections from the Account in Dispute template..read them through and use the parts that you need.

Have fun! :)

Elsa x


PLEASE NOTE... I AM MOST SORRY BUT I HAVE VERY LIMITED AVAILABILITY AT THE MOMENT DUE TO EXTREME PRESSURE OF WORK - IF YOU REQUIRE URGENT HELP ON YOUR THREAD AND ARE GETTING NO RESPONSE PLEASE HIT THE TRIANGLE FOR SITE TEAM ASSISTANCE. ELSA XXX

 

Please check out my BLOG for the quick guide to debt threats - it has all the info & letter template links you need to get started on your journey of TAKING CONTROL. :roll:

 

All opinions are my own based on research. I am not legally qualified, if in doubt please consult a legal expert.

Hope this has helped or made you smile. Keep your chin up, you're among friends now! Elsa xxx

Please click the *star* of any CAG member who has helped you .

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Hi Elsa

 

Thanks, what i'll probably do is write to them again asking for a true credit agreement (what info should it contain) and the t&c's if they fail to supply the info, i'll go to the court and get a court order or what ever is required and send that. That way if they still fail to provide the info i will have the courts behind me already.

Cheers

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Hi..:)

It should contain "the prescribed terms"..a full explanation of which is here:

http://www.consumeractiongroup.co.uk/forum/debt-collection-industry/105315-my-agreement-enforceable-useful.html

They should also send you the T&C's at the time of taking out the card,plus any amendments to date, plus a full statement of account.

Elsa x


PLEASE NOTE... I AM MOST SORRY BUT I HAVE VERY LIMITED AVAILABILITY AT THE MOMENT DUE TO EXTREME PRESSURE OF WORK - IF YOU REQUIRE URGENT HELP ON YOUR THREAD AND ARE GETTING NO RESPONSE PLEASE HIT THE TRIANGLE FOR SITE TEAM ASSISTANCE. ELSA XXX

 

Please check out my BLOG for the quick guide to debt threats - it has all the info & letter template links you need to get started on your journey of TAKING CONTROL. :roll:

 

All opinions are my own based on research. I am not legally qualified, if in doubt please consult a legal expert.

Hope this has helped or made you smile. Keep your chin up, you're among friends now! Elsa xxx

Please click the *star* of any CAG member who has helped you .

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Hi Elsa

 

Below is a quick draft of the letter i'm about to send, let me know what you or others think.

 

Dear Sir/Madam

Thank you for the information I received today (02/09/2009), after looking through the information I noticed that a valid credit agreement was not supplied.

A valid credit agreement must include the following:

Repayments

A term stating how the debtor is to discharge his obligations under the agreement to make the repayments, which may be expressed by reference to a combination of any of the following-

(a) Number of repayments;

(b) Amount of repayments;

© Frequency and timing of repayments;

(d) Dates of repayments;

(e) The manner in which any of the above may be determined; or in any other way, and any power of the creditor to vary what is payable.

Rate of interest

A term stating the rate of interest to be applied to the credit issued under the agreement.

Credit limit

This may be a term or the manner in which it will be determined or that there is no credit limit.

You have sent me an application for an American Express Credit Card, which is not a credit agreement as it does not contain any off the above and stating that it’s a “Credit agreement regulated by the consumer credit act 1974” is not sufficient.

Also you have not sent me the original terms and conditions for this agreement which must be on the same form as the original agreement, as you sent me a photo copy of the application for a American Express Credit Card, then you must have the original copy with the terms and conditions on the back.

Finally you have not sent any letters that have been sent to me over the years which I also requested.

 

Cheers

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Hi..

If I may suggested the odd amendment....just my opinion :)

 

Dear Sir/Madam

Re: Account Number:

Thank you for the documentation received on 02/09/2009 in response to my formal request for a copy of the original credit agreement relating to the above account.

Unfortunately this account remains in dispute as the document supplied fails to satisfy the requirements of the Consumer Credit Act 1974, in that it does not contain the prescribed terms within the four corners of the agreement as follows:

 

Repayments

A term stating how the debtor is to discharge his obligations under the agreement to make the repayments, which may be expressed by reference to a combination of any of the following-

(a) Number of repayments;

(b) Amount of repayments;

© Frequency and timing of repayments;

(d) Dates of repayments;

(e) The manner in which any of the above may be determined; or in any other way, and any power of the creditor to vary what is payable.

 

Rate of interest

A term stating the rate of interest to be applied to the credit issued under the agreement.

 

Credit limit

This may be a term or the manner in which it will be determined or that there is no credit limit.

 

What you have sent me an application for an American Express Credit Card, which is not a valid credit agreement as it does not contain any off the above and stating that it’s a “Credit agreement regulated by the consumer credit act 1974” is not sufficient.

 

In addition to not supplying a properly executed document containing the prescribed terms, you have also not supplied the original full terms and conditions for this agreement.

I would therefore be grateful if you could supply photocopies of these and clarify whether these were on the reverse of the agreement or on seperate pages.

I also require a statement of account to complete the formal request and look forward to receiving your response.

Yours faithfully

 

Re the letters..I don't think they are obliged to send them under a CCA Request..you could ask for them under a SAR though.

 

Anyone else have thoughts on the letter?

Elsa x


PLEASE NOTE... I AM MOST SORRY BUT I HAVE VERY LIMITED AVAILABILITY AT THE MOMENT DUE TO EXTREME PRESSURE OF WORK - IF YOU REQUIRE URGENT HELP ON YOUR THREAD AND ARE GETTING NO RESPONSE PLEASE HIT THE TRIANGLE FOR SITE TEAM ASSISTANCE. ELSA XXX

 

Please check out my BLOG for the quick guide to debt threats - it has all the info & letter template links you need to get started on your journey of TAKING CONTROL. :roll:

 

All opinions are my own based on research. I am not legally qualified, if in doubt please consult a legal expert.

Hope this has helped or made you smile. Keep your chin up, you're among friends now! Elsa xxx

Please click the *star* of any CAG member who has helped you .

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HI Elsa

 

Thanks for the draft, it was a subject access request i sent with the £10, all they sent back was a photocopy of the application form and all statements they have sent, no letters or anything else.

 

Cheers

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Hi,

 

Elsa's amendment is good. The prescribed terms must be contained within the four corners of the agreement and there is a High Court Authority on this.

 

Have a look at other Amex threads and find one with the same application form as yours (not mine!!!!) and see how they are progressing. I have seen this one before.

 

Also, Amex Default Notices are Invalid. Make sure you keep yours and the envelope if you still have it. They quote "14 calendar days from the date of this letter." This is totally wrong. Service is deemed as being two days from the date of the letter (if sent by first class post) so they are not giving anyone the correct time to remedy the default. Amex are not changing their Default Notices because if they do they are admitting they are invalid. Lucky we know about this on CAG!!

 

DD

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Hi DD

 

Thanks, when i post the letter do i give them 14 days + 2 to reply or longer, will be posting the letter tomorrow.

 

Cheers

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Hi again :)

Sorry..I didn't notice it was from a SAR...which template did you use? The debt library one is a much more comprehensive request.

You need to amend the letter again to add that you require ALL data held on you including letters, computer records, default notices and termination letters if applicable.

Also, (and anyone-please correct me if I'm wrong on this!) I'm a little concerned that failure to comply with a SAR request, while giving cause for complaint to the ICO, may not provide you with the same "protection" as failure to comply with a formal CCA request "pursuant to Section 78 (1) of the Consumer Credit Act 1974". In this case failure to respond with the 12 + 2 day timescale renders them unable to (legally) enforce the debt and you (legally) able to withhold payment until they do.

Therefore, if you haven't ever sent a CCA request for this account I would do it now to "cover your ass" ;)

Elsa xx


PLEASE NOTE... I AM MOST SORRY BUT I HAVE VERY LIMITED AVAILABILITY AT THE MOMENT DUE TO EXTREME PRESSURE OF WORK - IF YOU REQUIRE URGENT HELP ON YOUR THREAD AND ARE GETTING NO RESPONSE PLEASE HIT THE TRIANGLE FOR SITE TEAM ASSISTANCE. ELSA XXX

 

Please check out my BLOG for the quick guide to debt threats - it has all the info & letter template links you need to get started on your journey of TAKING CONTROL. :roll:

 

All opinions are my own based on research. I am not legally qualified, if in doubt please consult a legal expert.

Hope this has helped or made you smile. Keep your chin up, you're among friends now! Elsa xxx

Please click the *star* of any CAG member who has helped you .

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One other note, i have never received a default letter, this all come about when a few days before i was due to go on holiday, they cancelled my cash withdrawals and reduced my credit limit, i was fuming so i really wanted to find the reason why.

Cheers

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Hi

Just posted amemded letter and cca letter today, see whats comes back this time.

One point, if they still do not send me a valid credit agreement and i stop paying can and will amex default me and put a record on my credit file, or will they then be breaking the law.

Cheers

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One other note, i have never received a default letter, this all come about when a few days before i was due to go on holiday, they cancelled my cash withdrawals and reduced my credit limit, i was fuming so i really wanted to find the reason why.

They did the same to me.

Amex wrote to me “ We do not have the terms and conditions from when you opened the account”.

I will keep that letter nice and safe for when they go to Court.

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Wha...?!

 

They wrote saying that they 'dont have the T&Cs from when you opened the account'?

 

A site administrator needs to take note of this and collate the dates that accounts where Amex say they 'dont have the T&Cs from that time' were opened. Another Amex thread starter has had what appears to be a similar form, with copies of T&C pages from elsewhere supplied.

 

My reasoning is that if Amex dont have T&Cs from that time, they just dont have T&Cs from that time - for all customers who opened accounts then.

 

Too complicated to organise...?

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Hi

Update as to what is happening, received letter today from amex containing a copy of application and terms and conditions, with covering letter.

 

...........................................

 

Please find enclosed a copy of your original application and terms and conditions for the above account. These documents form the executed agreement between you and american express. Please see the statements we have sent you previously to validate the debt held.

 

Thank you for your £1 cheque in respect of the request for information pursuant to s78 cunsumer credit act 1974. However, on this particular occasion we are happy to waive the fee and thersfore return the cheque to you.

 

...........................................

 

The copy they send me is the same as above and on the back they have stamped 'Received' with the date and then photo copied the terms over the top on the back which do not even fit the page.

 

Still no valid credit agreement just application for card.

 

Will now take it to the next level, has anyone any good link dealing with amex.

 

Thanks

AngryWithAmex

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It appears that Amex are looking to minimise their debt exposure by halving credit limits as and when they want .

 

Check your agreement and see if they have complied with the notice period .

 

If not they are in breach but then get a lawyer or a good Cit Ad branch because your wandering in to contract law and they have a heap of lawyers on their pay role

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Hi

Just quick question, i thought a defaullt notice was supposed to give you 14 clear days to pay, i received a default notice dated 06/11/2008 and asking for payment to be received by 20/11/2008 even though that is 14 days, surely taking into account 2 days postage(1st class) that only gives me 12 days. (I know this was last year, but some interesting developments have occured :) )

Am i correct in thinking that the default notice is invalid??

 

Regards

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