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    • when did you send these CCA's out? who said they were enforceable?   dx  
    • just look for what the EU want, and what they are likely to give for it.   Financial services except in limited form would appear to be out the window EU firms have started setting up small subsidiaries in the UK, and vast amounts of UK finance has already moved - including a number of prominent Brexiters - like rees-mogg, Dyson and Redwoods customers (on his advice) Barclays alone has apparently moved in the order of 166BILLION in assets to Dublin, Total Financial £110BILLION going to France, with well over 900BILLION already confirmed moved (despite the secrecy inherent) by the start of this current financial year  (Last April)     A deal on a number of Goods/foodstuffs where a UK/USA deal wouldn't prevent it seems certain.     The UK car industry will likely continue with accelerated collapse. Unless you are rich, Hope you all like the thought of cheap Indian clones of 1970 cars .. If you are rich, then the increased cost of a BMW will likely not bother you ...Of course the Tesla gigabattery factory is going to the EU, and as already stated - Dyson has legged it.     Ireland's goods would seem to be on the track to bypass the UK and go straight to France/Norway as noted in the rail discussion (thanks to brassnecked for pointing out some misconceptions I had there which led me to reassess- and hopefully redress my lack)    
    • Hi, I have taken the information from my PP online account which details the creditors name and dates of transfer along with all the payments made which are all logged going back to April 2006. I actually have 3 accounts with Hoist. All we HSBC 2 x bank account and 1 CC. I requested a CCA and they have been unable to provide it so put my account on hold although I have continued paying it via PP. (Ive detailed this in another rather longer thread!! Yes I know I have been cash cowed but I just wanted and still do want the peace of mind ! 
    • I have been with PP since April 2006. I have paid in total around £40K but still owe £14K.   I have reduced the payments over the years as I no longer work. I have had an excellent credit rating since 2014 and all the debts listed below have never appeared since 2014. I am now going to live abroad and unsure how to proceed.   Details are:   3 x Hoist 2 x bank accounts 1 credit card originally with HSBC/then Lewis/Hoist/HSBC/Hoist Total £2.5K (£1600 is the CC) I applied some years ago for a CCA. They placed my account on hold whilst requesting info from HSBC. They sent 2 follow up letter to me saying still waiting and since then nothing although they regularly offer me settlement letters with a 20/30%  discount. 5% on the bank accounts      Link credit card originally Egg then Barclaycard and now Link. CCa requested some years ago via Barclaycard and they sent a reconstituted agreement  and confirmed they were unable to provide the copy of terms for my agreement but went on to remind me I still had a duty to pay although they could not enforce. Amount outstanding £2K   Link x 2 MBNA CC. I applied for CCA and both received (they had to request them from MBA first so took time ) Total outstanding £6K   Paragon was M&S CC CCA requested and received but by Moorgate (must be Paragon?) Amount outstanding £900   Westcott credit services was Natwest/RBS was a Mint CC sold to Westcot/Cabot and then back to Westcot CCa requested and received Total outstanding £2K   All the CCa provided a copy of the agreement with my signature. There was no PPI, I checked all that.   Im unsure how to proceed and wanted some advice, my thoughts are:   Should I give them my new address abroad? Occasionally some of them send me a statement, but I wish they would not as this all happened before I remarried so have never shared this info with my hubby.   Do I reduce the amount I am paying via PP from the current £70 to a more affordable amount    Should I bin of PP and go direct to them with new address and F&F offer of around 20% ( I will be in a position to offer this next month) but it would be a one of as I will be gifted some money   I will no longer be on the electoral role in the UK but do not want to cause any problems down the line. I would just like this whole thing done with.   I defaulted in 2004 so 16 years ago and so many charges were added at the beginning, I think the debt to start with was only £45K.    Any advice would be greatly appreciated. Thanks in advance    
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benfm

Capital finance one / daniels silverman

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Cfo have passed my debt over to daniels silverman after around 2months of me trying to get a payment plan out of them the org loan was for £250 this is what i recived via email

 

Dear Sir/Madam

 

Our File Ref:-

FINAL DEMAND Re:- Our Client Capital Finance 1 Ltd

Outstanding Balance £720.31

We have been instructed by our above named client to recover the above outstanding debt. We now demand immediate repayment of £720.31. Unless full payment is sent directly to us within 7 days we will take final recovery action through the Courts, which may lead to:-

 

  • You having to pay all solicitors fees and court costs.
  • Judgment being awarded against you in Court.
  • Debt details being registered affecting your ability to obtain credit in future.
  • Bailiffs calling at your premises.

Please telephone our office immediately on 0151 707 6061 to discuss further.

 

YOU NOW HAVE SEVEN DAYS TO REPAY IN FULL. ACTION WILL BE TAKEN AGAINST YOU THROUGH THE COURTS IF YOU FAIL TO COMPLY WITH THIS DEMAND.

PAY ONLINE AT OR SEND PAYMENT PAYABLE TO

DANIELS SILVERMAN LIMITED WITH THE TEAR OFF SLIP BELOW.

Yours Faithfully,

 

Warham Collections Team

Daniels Silverman Limited - 210 Queens Dock Commercial Centre, Norfolk Street, Liverpool, L1 0BG

Tel: 0151 707 6061 - Fax: 0151 707 6062 - Web:

 

P A Y M E N T P R O C E D U R E Visit us online at to make payment by card, send payment with this slip by return to Daniels Silverman Limited at the address above or call us to make arrangements to pay over the phone.

All cheques must be made payable to DANIELS SILVERMAN LIMITED.

From:

Client Name: Capital Finance 1 Ltd

Payment enclosed in respect of your

Balance outstanding £720.31

 

 

 

 

 

 

What would be my next course of action because there is no way i want to pay back £720 .. do i try to get in to a payment plan with these for the org loan plus one months intrest .. does anyone have a template i could send them

 

 

thanks

 

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Hi Benfm

 

If you have been trying to sort out a payment plan with them and they have point blank refused then they need reporting (have you been corresponding via email or phone?. In the meantime send them an email. Tell them you will only pay original loan plus 1 month interest. If it went to Court (which it probably won't) then they will have their wrists slapped for breaking OFT guidelines. Don't worry this is just bully boy tactics. Sorry, gotta go for the mo. - at work :-) but will be back soon x

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Hi again!

 

Really, don't worry. Just keep emailing your payment proposal - on a daily basis if necessary! Remember only pay them what YOU can afford; tell them that you are not going to pay any charges - only original loan plus 1 month's interest - and stick to your guns hun. Take control of them and don't let their stupid idle threats worry you. Try and get their bank details so you can pay via Standing Order. In the meantime I would have a word with Trading Standards about this.

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If it helps at all the bank detail;s CF1 provided me with are:

 

Our Bank : NatWest Account Name : Capital Finance One Account Number: 14203995 Sort Code: 60-18-01

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Hi ,

 

Thanks for the replys , ive emailed daneils silverman with a payment proposel of org loan plus 1 months intreset {£347.50} i recived this from them this morning

 

Please be advised that the amount of £720.31 will have to be paid. Over 12 months this will be £60.03 per month. They have however advised the will accept a settlement amount of £423.78 but this amount will have to be paid off in full and not in instalments. Please see attached form, which our client has required if you wanting to pay in instalments. Please see below bank details, before you can make any payment our client needs to see the from.

they also want me to fill in an i & e....shall i just keep emailing my proposal

 

 

 

thanks in adavnced

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Tell them to jog on; thieving barstewards!

 

It's up to you really, but you can start paying them what you can afford on a monthly basis - loan + 1 mth interest ONLY and refuse to pay the charges. Stick to your guns, they probably won't take you to court for these charges as you are already paying enormous interest, and if they do, please would you invite me along, I really need cheering up :-)

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I am in the same boat as you with this lot due to CFO refusing my payment plan and my loan of 250 is now sitting at £750 according to DS. I have told them on several occasions i wont be paying more than the original amount plus one month interest and that my debt is in dispute with CFO therfore to continue collections is against OFT guidelines whilst the debt is in dispute. CFO have yet to get back to my complaint but since I have informed trading standards and OFT about their Fines and charges let them try take me to court. i'm ready for a fight with them now and i am ready for a fight with DS if they continue to persue me whilst the debt is being disputed

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Hey, any update as today I got my first DS email sayin court in 7 days etc.

Was just wondering if any of you guys have had any progress?

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I also got my 7 day notification today, see you in court mate :)

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They can't see you in court in 7 days, they need to get a judgement against you and that takes about 28 days, more if you defend it. I think it is £75 to defend now but it is worth it and they get very rattled. I have a good basic defence already which has sent other PDL companies running. It isn't a templated defence but is tailored to the fact that you have made loads of offers, they have refused therefore court is not the place for this.

 

Their high interest and charges are dubious to say the least. Section 87 of the CCA Act deals with short term loans when the contract has expired (as in payday loans) and that is where the original loan plus one months interest originates from.

 

Should anyone get paperwork from Northampton County Court get back here and I can give a step by step guide how to defend the claim.

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Ha ha, I didn't mean see you in court in 7 days I just meant that I'll see them in court as and when :) - this company is a set of loan sharks but legalized!

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I would also like to know if there is any update on this as I have just received the "7 days to court action" e-mail. My original debt of £567.51 apparently hnow stands at £1236.87!! I have been e-mailing for sometime trying to make a repayment plan with them, and have now said I will pay £11 per week over a year to clear the original loan balance plus one months interest.

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This is brilliant, I'm thinking about starting a website http://www.saynotopaydayloans.co.uk and create a petition to attempt to get these legalized loan sharks outlawed - the company that brought it on - CF1

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