is there any time limit on payments

[putupon12]

I defaulted on a credit card and have been paying regular nominal payments to a dca,having wrote to them and asked for paying in books and statements of how my account is progressing I get no reply/is there a limit to how many years i make payments for?

[maroondevo52]

Hi,

 

I'll move this thread to a more appropriate Forum.

 

Regards.

 

Scott.

[silverfox1961]

Hi,

I was under the impression that DCA's had to send a yearly statement.

 

While a debt is outstanding and you are paying, there is no time limit to how long it goes on (unless it's finally paid of course)

 

If you were to send a CCA request to the DCA, they are supposed to send the agreement plus a statement of account.

 

How are you paying at the moment? If it is by direct debit-cancel it

 

If you haven't been sending letters by recorded delivery, they will deny ever receiving it

[Hardupnotfedup]

Set up a bill payment with internet banking if you are able, or a standing order, a direct debit gives them carte blanche to take what they want,

[putupon12]

can you let me know where youve moved the post to

 

thanks

putupon

[putupon12]

I pay with a barclays paying in slip at the bank. have over 4 years slips.

[maroondevo52]

Hi, putupon12.

 

Just continue to post here

[putupon12]

I thought I read somewhere in forum that it was 6 years max.at my present rate of payment it will be another 20 years to finish what i owe

[silverfox1961]

Have you any idea of how much of this debt is made up of charges which you could reclaim. If not, SAR barclays

 

Are you still being charged interest?

 

can you name the DCA

[putupon12]

the original debt demand was for £4000.And I think my credit limit was £2200.I am not sure about interest being charged as they have not answered my letters.the dca is connaught collections croydon,I have never seen statments just a demand for the debt.

[silverfox1961]

The 6 years you are referring to is the limitations act 1980 which roughly states that if NO payment nor any acknowledgement of a debt is made in a 6 year period(5 years in scotland) then the debt is Statute Barred.

 

This is not the case with you as you have been paying.

 

Personally (and others may disagree) I would be making sure that Connaught had the right to be collecting this debt and to make sure all the paperwork is in order.

 

To do this, send a CCA request. Letter 8 here:

 

The Consumer Forums - Debt collectors

 

With all letters to DCA's, you need to send them Recorded Delivery.

If you need more help, just shout. Loads of people have been in this situation.

 

fox

[putupon12]

many thanks silver fox will send latter off today.