HFC cc and hfc loan, both with PPI+charges + both with CO's - help!

[lindajf]

I had a Beneficial credit card since 1994, I also had a rolling credit agreement with HFC until 2008 when I had a downturn in business.

 

I am self employed and never "unemployed."

I also had a pre existing medical condition that they never asked about when I took out PPI on both accounts.

 

I have put in claims that the PPI was mis sold and on the credit card the charges were substantial.

 

My accounts are now closed

 

The balance on the credit card is paid by monthly agreement with Restons and the rolling credit agreement has been sold on and is also paid monthly under an agreement

 

Having read the threads here I am sure they will try to wriggle out of paying out the claim,

but as part of my claim I have said that I expect them to put me back in the same position I would have been if the PPI

had either been able to be claimed or had not been in place

 

If they do not agreed to the claim

should I take the claim to the FSA?

 

And what would happen if they say that they do not have the statements for the accounts which would allow me to do the calculation of what they might owe me.

I have sent them a SAR so I can see what information they do have and am waiting for a reply

 

lindajf

[dx100uk]

do two sep claims ppi and charges

 

i bet they'll say the docs dont exist

if so

stop paying anything!

 

have you checked your cra file?

 

if these debts dont show - then stop being spoofed into paying them!

 

see my sig

 

dx

[joncow75]

Just as a morale boost, I applied for my PPI to be refunded onto my old GM Credit Card now owned by Beneficial Finance. As "a gesture of goodwill" they paid it back, no arguments or hassle. Took 2 letters in total. Money went back on around 28 days after acceptance letter receviedGood luck!

[lindajf]

Thanks to both dx and joncow for your replies - fingers crossed.

I will post an update when I have one.

 

It will be interesting to see what happens because both these accounts are subject to charging orders courtesy of Restons. Restons still hold the account for the revolving credit but the CC has been sold on and is controlled by Mortimer Clarke who are always writing and offering me a 25% reduction for immediate settlement

 

It might come down to a visit to Court to get the Charging Order (at least with Restons) discharged.

 

lindajf

[dx100uk]

offering discount on a charging order debt?

somethings not right there!

think you need to tell us the whole stories!

dx

[lindajf]

In 2008 Restons got Charging Orders for both the credit card debt and the rolling credit with Beneficial/HFC. There was approximately £5000 outstanding on each. The rolling credit debt has apparently been sold on to MCE Portfolio Ltd and Restons say they do not control that account. Mortimer Clarke wrote to me recently offering a reduction of 25% and they have done so before.

[lindajf]

In 2008 Restons got Charging Orders for both the credit card debt and the rolling credit with Beneficial/HFC. There was approximately £5000 outstanding on each. The rolling credit debt has apparently been sold on to MCE Portfolio Ltd and Restons say they do not control that account. Mortimer Clarke wrote to me recently offering a reduction of 25% and they have done so before.

 

Actually I apologise, I got the holders of the accounts the wrong way round. Restons hod the rolling credit account and Mortimer Clark the credit card account on behalf of MCE Portfolio Ltd

[dx100uk]

i doubt mc know about the co its a phishing trip letter

 

have you looked at your cra file to see if these debts

1.show

2. ARE decreasing?

 

were you aware they had the ccj before the co's were taken out?

 

something is not right here

 

do you contest ANY of the court cases

 

dx

[lindajf]

i doubt mc know about the co its a phishing trip letter

 

have you looked at your cra file to see if these debts

1.show

2. ARE decreasing?

 

were you aware they had the ccj before the co's were taken out?

 

something is not right here

 

do you contest ANY of the court cases

 

dx

 

 

In 2008 I had a greatly reduced income I was in court with nearly all my creditors. I cashed in an endowment policy to pay off most of the credit card debt to beneficial they did not accept that payment as a full and final so they got a Judgement for the balance but I could not keep up the payment. Therefore, they got a CO. I recall the Judge was sympathetic but said there was nothing he could do. When it came to the rolling credit I offered a minimum payment I could afford, they asked the Judge for a charging order and said they would not enforce it!

 

I am waiting for my credit file through Quick Credit Score who are sending me a code/password to access the report and once I have it I can see if any of the debts are decreasing

 

lindajf

[dx100uk]

if you have any type of card

use creditexpert site

 

i bet the ppi/charges will wipe the debts out

might even be an idea to workout if the ppi/charges meant the debt was £0 at the time of hearings too

 

if so, you could have fun here!

 

dx

 

 

 

dx

[lindajf]

if you have any type of card

use creditexpert site

 

i bet the ppi/charges will wipe the debts out

might even be an idea to workout if the ppi/charges meant the debt was £0 at the time of hearings too

 

if so, you could have fun here!

 

 

I agree. I suspect if you add in the PPI, charges and compound interest the account would have been well in credit. It will be interesting to see what information the SAR provides. I will try to work something out when I get the information. The solicitors should also still have the information that they used to prove the cases in Court, even if HFC/Beneficial say they no longer have it

 

lindajf

[dx100uk]

dont sweat too much

give ims 21 a pm to look in

he'll blow the whole lot out the wate once you have the info.

 

dx

[lindajf]

dont sweat too much

give ims 21 a pm to look in

he'll blow the whole lot out the wate once you have the info.

 

dx

 

I will update once I have the SAR but the credit report shows that the credit card is "settled" with the debt assigned. There is shown a card with Marlin Financial Services Ltd (who the debt was originally assigned to) with the same default balance. On the revolving credit account this is still shown as HFC and the balance is reducing

 

lindajf

[lindajf]

update - on the revolving credit account they have made a good offer of the ppi compound interest and 8%.

This will be more than enough to clear the debt.

 

on the credit cadrs

they have made an offer of premiums and sent me a statement detailing the interest.

 

This is not as much as I expected and they have only calculated from 2001 even though I have had the card since 1994.

There is also no 8% interest which I think they should have added.

Should I ask them why there is nothing prior to 2001 and about the 8%.

Lindajf

[dx100uk]

its not a simple as that

 

you need to nail them

and get compensation for being taken to court.

i pers think you have serious chance of big payout

 

did you do an SOC on the RC PPI?

 

you need to do one on the CC too and add 8% as its been through court.

 

i'm going to alert this thread

outside my knowledge as such

 

but the ppi/charges i can help on still

 

dx

[dx100uk]

I think you would have to apply to the court to get the CCJ and charging order set aside

 

on those grounds

 

so's ive been told.

 

dx