HSBC credit card query

[newlywed77]

About seven years ago HSBC (with whom I had mortgage at the time) offered me a gold credit card with a 5k limit. I accepted the offer, limit eventually went up to 6k but when my marriage broke down I had to stop paying it as couldn't afford to (about 2 years ago). I had a DMP for a short while which made a couple of payments, but I gave this up as seemed to be a waste of time and money!

 

Obviously received letters from HSBC, then DCA and also some solicitors, but so far nothing more has come of any of this and I have ignored all letters. I recently checked my credit file and there is no record of this card on there - is this because I never applied for the card, I was just offered it outright?

 

should I continue ignoring the letters or when I get another one send CCA request? Many thanks.

[BRIGADIER2JCS]

Can't see that you need to do anything unless something turns up.

Then if it does tell us help will be here.

[Alloyz1]

It could also be worth while explaining your situation and offering a token payment £1 per month

 

Then conduct a CCA request just out of interest and because you can

 

If you think long term, what if it gets nasty, can you be seen as being reasonable? or did you just not pay AND not correspond?

 

Just MHO, i am sure you will get lots of advice all with different perspectives

[harrassed senior]

I think so long as you keep this in the back of your mind, then that is all you need to do for now, and as already said deal with the situation as and when.

[Tingy]

I certainly would not acknowledge the debt in any way, shape or form at the moment. You'll get the threatening letters telling you they might do this and that and this could result in x,y and z happening. Unless you receive something concrete that is definitely going to lead to court action I would continue to ignore for the moment.

 

Alloyz - the problem with what you say is that 2 years have passed and nothing has really happened. If this carries on it could well become SB. Acknowledging it by offering a token repayment would start the clock ticking all over again. I think this is why peoople are not going with your line of thinking.

[Alloyz1]

Tingy

He doesnt dispute the debt and states he accepted it.

He therefore is only suffering hardship and not disputing the debt exists.

The token payment is adviseable in this scenario and goes in his favour should he end up in court due to default.

Not paying is advisable or an option if the debt is disputed or proven unenforceable.

By advising him not to pay in this situation is debt repayment avoidance, which is a different scenario.

 

Just my opinion