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    • Hi all   Firstly, thanks for all the helpful threads on here. Whilst there's a lot to read and get through, it's both helpful and reassuring to see so much great advice and support to others in similar situations.   I've received a letter and a Claim Form from Moriarty for an ADCB CC debt. I'm presently in a DMP for existing UK debts and (probably like many others) I truly don't know the best way forward, as time is clearly of the essence - but I don't feel I've 'up to speed' yet on all the other threads, advice, lingo etc. to respond accordingly.   I'm looking at drafting the PAP and getting it of tomorrow, but just want to get into the other threads to see if it's the right thing (and get more info on similar cases).   Please feel free to comment with any advice - all gratefully received of course. Thanks again for anyone that's posted in other threads and great to see so many kind and generous respondents helping others.
    • nothing you can do can product against the very rare judge lottery syndrome.
    • not sure why you added the blue line I've highlighted? that's no in the we gave you.   as for your question... PRAC's roboclaim computer knows when the account was taken out, after all it raised the claim and checked everything carefully first before issuing the request via northants bulk courts equally inept roboclaim computer... 
    • I've been researching in preparation of compiling my particularised defence/WS.    I'm none too happy that some judges still seem to be siding with DCAs and seemingly brushing aside anything that we have assumed to be "necessary" for DCAs to have a winning case.    Reading a recent "summary" from another poster (another thread with case similar to mine - very old, illegible application form, no default notice, reliance on their own software to prove it was ever sent) and the judgment made in favour of the DCA and even suggesting that there was no "agreement with the DCA, they simply owned the debt, not the agreement"  Makes me very nervous.    Especially if cases like this will be judged on "probability" - the probability that if I signed the original application form, then I must have taken out the credit card and racked up the alleged debt as shown in statements enclosed in their WS (and dated some ten years later).   Is it ok to post some "evidence" I've found from elsewhere?    This is in line with my fears that regardless of how hard one tries to rebut the "lack of evidence" produced by DCAs for chasing these very old "alleged" debts, it does appear to come down to the luck of what judge you get on the day and how much they can be swayed by the DCA solicitor.    A quick Google search produced the following - from one case - this related to a credit agreement - which resulted in someone being made bankrupt - that person appealed the bankruptcy order on the grounds of defective credit agreement and default notice and this was the appeal judge's decision:   The necessary formalities for the entry into the regulated consumer credit agreement (which related to the debt in issue) were not complied with; The default notice served in respect of that credit agreement was defective.   The First Ground The Appellant argued that she did not receive the terms and conditions when she entered into the credit agreement and, accordingly, section 61 of the Consumer Credit Act 1974 (“CCA”) had not been complied with and the agreement could not be enforced. The agreement had been entered in 1995 and, whilst it had provided a microfiche copy of the front page of the application, the Respondent had been unable to provide a copy of the terms.   Despite the terms not being produced, the District Judge had found that, in the circumstances, it was very likely that such terms existed and would have been provided to the Appellant when she entered into the Agreement. Mr Justice Mann held that this was a finding that the District Judge was entitled to make.   Further, Mr Justice Mann found that it was implicit from the District Judge’s findings that she considered that the terms and conditions not only existed but had been subscribed to by the Appellant’s signature and, consequently, the requirements of section 61 CCA were fulfilled. Mr Justice Mann held that this was also a justifiable finding which should not be interfered with on appeal.   The Second Ground The Appellant also argued that the default notice upon which the Respondent relied did not comply with the Consumer Credit (Enforcement, Default and Termination Notice) Regulations 1989 because it stated the full balance of the account rather than the total of the missed payments. The Respondent argued that, as a result of the missed payments, it was contractually entitled to the entire balance subject to the service of the appropriate notice, a requirement which was fulfilled by the default notice itself and, consequently, the sum required to remedy the breach was the entire amount.   Mr Justice Mann agreed with the Respondent and the District Judge, holding that: “If by the time the default notice is served circumstances have arisen which entitle the lender to recover not merely sums which might be regarded as arrears, by which I assume is meant accumulated minimum payments, but also the whole of the sum, then they are entitled to claim that sum, and the sum to require to remedy the breach for non-payment of that sum is the payment of the whole sum due. The bank is not confined, at that stage, to claiming merely the amount of arrears if it has an accrued contractual right to have the whole of the sum.”   Do judgments like these not mean that a lot of what you guys do on here (and for which I and many others are VERY grateful) somewhat redundant. What is happening to judges just accepting "well, the terms must have been there if you signed it" -    Feeling quite nervous now.
    • we know it wasn't done to avoid enforcement we understand completely. but that doesn't take from away the fact that it happened   you can't appeal the pcn's on the basis that 'it was not his vehicle to levy upon'. the law clearly states otherwise.          
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stratty

Multiple PDL and dealing with it

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As is a common story on this forum I took a number of payday loans and its reached a point where I am constantly rolling over and cannot deal with the burden of the debt anymore.

 

In any case I will go through the providers and attempt to agree repayment plans with them.

 

While I prepare my case I am particularly interested in two aspects that I keep reading on here.

 

There is a general consensus of opinion that people should only pay back the capital and one months interest. Does anyone have an idea what the legal basis for this is? Will it be because the agreements are 30 day fixed term?

 

Additionally I read that I should refuse to pay any late payment or administration charges that are unreasonable. Is this a similar thing to bank charges and any admin charge being proportionate to the actual work involved?

 

I am collating my PDL companies and will post again once its sorted.

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Forget the one month interest thing. There has never been anything solid or legal precidant to base it off. The best thing to do is pay off what you owe that was originally stated on the initial agreement. Anything after this you can contest, however, they are allowed late payment charges, but they cannot be unfair. usually £5 or so is adequate, but they like to charge £15-£50, plus a default fee, plus interest on the top of that.

 

Some even try to say that you missed the payment and now owe them an extra 30% of the loan for no reason.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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Ok well here is my current damage

 

 

Original

Capital Interest Current Balance

Quickquid 900 265.50

Payday UK 740 185.00

Quidsource 200 56.00

Moneylender 500 151.50

247 Moneybox 300 117.08

Countrywide Payday 340 136.00

Bongaloans 100 15.00 300.00

Minicredit 150 37.50 611.50

Txtloan 300 51.00 458.80

 

3530 1014.58

 

What is the suggested course of action?

Edited by stratty
dodgy formatting

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Sorry about the mess. For some reason the post didnt keep my formatting

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Figure out what you can afford each month and suggest a repayment plan to them that doesnt leave you out of pocket or neglecting any HIGH priority debts. ( PDL debts are low priority). I see as well, minicredit are already trying to con you with made up amounts.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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To be honest I have already mentioned my situation to most of the providers and the majority are willing to negotiate for a repayment plan.

 

I have sent about 25 emails to Minicredit and just get standard responses saying that I signed the terms and they are what they are.

 

When I point out that the terms are unenforceable its the same old response.

 

I am not worried though. My credit is pretty terrible as it is and I have just over £30k of unsecured debt. Kinda amazes me how I even managed to get so much additional payday loans debt especially when they all shout about "responsible lending".

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Most of minicredits charge is this £5 per attempted transaction. I called the number on their website and said that to avoid the charge they should stop attempting to take money from my card and I revoke my authority. Every attempt I have made for them to revoke my authority has resulted in them saying that my request is not legal as I signed the terms and conditions. The company is a total joke.

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Put it in writing and state the FSA regulations. As you rightly said, minicredit are a total joke.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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Ok well here is my current damage

 

 

Original

Capital Interest Current Balance

Quickquid 900 265.50

Payday UK 740 185.00

Quidsource 200 56.00

Moneylender 500 151.50

247 Moneybox 300 117.08

Countrywide Payday 340 136.00

Bongaloans 100 15.00 300.00

Minicredit 150 37.50 611.50

Txtloan 300 51.00 458.80

 

3530 1014.58

 

What is the suggested course of action?

 

Payment plans agreed with

 

Quidsource (froze the debt at £333)

Countrywide Payday (froze the debt at £476)

 

Very impressed with the customer service on both of these companies.

 

Minicredit have so far refused to enter into any kind of negotiation for a repayment plan and I have extensive emails to back this up.

 

247 Moneybox stated that they would only be willing to negotiate for a repayment plan if I made a payment. Explained I could not make any payment now and that I was disappointed they were not willing to discuss the account.

 

Currently working on the others.

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Keep pushing with minicredit. It takes a long time to get them to listen, but they will eventually.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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Guest Poguesy

How are you getting on with QuickQuid and Txtloan?

 

Don't waste your time talking to QuickQuid collections. You've got a better chance of getting a reasonable payment plan with them if you contact/complain at resolution@quickquid.co.uk

 

Txtloan will give you a repayment plan but will add the extra interest/charges in advance. Complain about this to them and will give in, or delay them for a while and then offer them a full and final on the original loan and interest if you can afford it. That's how i done it ;)

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