Cap One Credit Card & charges

[sjc1985]

Hi,

 

Just after some advice as to whether or not I could apply to have the late/default charges of my credit card written off?

 

Approx 2 years ago I got a cap one credit card with a small £100 limit. I defaulted on the account due to losing my job after about 3 months unfortunately. I tried to approach cap one with a reasonable repayment rate for the £100 I owe but they refused it.

 

At some point between then and now, they have sold it to the Lowell Group who are now chasing me for approximately £220 which I certainly cannot afford to pay. Especially since its more than double the actual money I owe which I am more than happy to repay at a reasonable rate.

 

Am I entitled to request that all charges are removed or reduced? If so, do I apply to Cap One or Lowell since Cap One have now sold the debt on?

 

Thanks

 

Sarah

[dx100uk]

reclaim from cap one they charged you.

 

dont forget the int too.

 

dx

[sjc1985]

How do I go about doing it? Is there a specific thing I need to write to them and ask for? Is it a Subject Access Request? Hope thats right,lol

[maroondevo52]

Hi,

 

Do you have all your statements for this account ?

[sjc1985]

No, I dont. We moved house inbetween and a lot of my paperwork went awol.

[maroondevo52]

Hi,

 

Then you'll have to send a Subject Access Request to Cap one, once you've got your statements, come back and we'll show you the way to go.

 

 

http://www.consumerforums.com/resources/templates-library/48-bank-templates/110--data-protection-act-1998-subject-access-request-

 

It'll cost you £10, and they have 40 days to comply.

 

Regards.

 

Scott.

[sjc1985]

Ok,

 

Am going to send off for this monday then! Thanks

 

Sarah

[maroondevo52]

Ok,

 

Come back when you get your statements, Cap 1 normally pay up when they recieve your court papers.

 

Regards.

 

Scott.

[dx100uk]

if you've moved in the time of holding the a/c

don't let them use the excuse of that.

put in you SAR formerly of XXX ad.

 

dx

[sjc1985]

They have my current address as do the Lowell group that they sold it on to. I havent paid the charges, I dont want to enter into an arrangement to pay charges I dont feel I should have to pay. I am going to ask them to remove the charges once I have the statements. Is that still ok to do?

[dx100uk]

not just remove

reclaim!!

 

you are entitled to add their int rate from the date of the charge tot he date of you claim.

and if you have to issue court papers [as thats the only way cap1 will payout]

then you can add an extra 8% on top.

 

that will clear the debt and put some money in your pocket

 

dx