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    • Thank you for that "read me", It's a lot to digest, lots of legal procedure. There was one thing that I was going to mention to you,  but in one of the conversations in that thread it was mentioned that there may be spies on the Forum,  this is something that I've read quite some time ago in a previous thread. What I had in mind was to wait for the thirty days after their reply to my CCA request and then send the unenforceable letter. I was hoping that an absence of signature could be the Silver Bullet but it seems that there are lot of layers to peel on this Onion.  
    • love the extra £1000 charge for confidentialy there BF   Also OP even if they don't offer OOC it doesn't mean your claim isn't good. I had 3 against EVRi that were heard over the last 3 weeks. They sent me emails asking me to discontinue as I wouldn't win. Went infront of a judge and won all 3.    Just remember the law is on your side. The judges will be aware of this.   Where you can its important to try to point out at the hearing the specific part of the contract they breached. I found this was very helpful and the Judge made reference to it when they gave their judgements and it seemed this was pretty important as once you have identified a specific breach the matter turns straight to liability. From there its a case of pointing out the unlawfullness of their insurance and then that should be it.
    • I know dx and thanks again for yours and others help. I was 99.999% certain last payment was over six years ago if not longer.  👍
    • Paragraph 23 – "standard industry practice" – put this in bold type. They are stupid to rely on this and we might as well carry on emphasising how stupid they are. I wonder why they could even have begun to think some kind of compelling argument – "the other boys do it so I do it as well…" Same with paragraph 26   Paragraph 45 – The Defendants have so far been unable to produce any judgements at any level which disagree with the three judgements…  …court, but I would respectfully request…   Just the few amendments above – and I think it's fine. I think you should stick to the format that you are using. This has been used lots of times and has even been applauded by judges for being meticulous and clear. You aren't a professional. Nobody is expecting professional standards and although it's important that you understand exactly what you are doing – you don't really want to come over to the judge that you have done this kind of thing before. As a litigant in person you get a certain licence/leeway from judges and that is helpful to you – especially if you are facing a professional advocate. The way this is laid out is far clearer than the mess that you will get from EVRi. Quite frankly they undermine their own credibility by trying to say that they should win simply because it is "standard industry practice". It wouldn't at all surprise me if EVRi make you a last moment offer of the entire value of your claim partly to avoid judgement and also partly to avoid the embarrassment of having this kind of rubbish exposed in court. If they do happen to do that, then you should make sure that they pay everything. If they suddenly make you an out-of-court offer and this means that they are worried that they are going to lose and so you must make sure that you get every penny – interest, costs – everything you claimed. Finally, if they do make you an out-of-court offer they will try to sign you up to a confidentiality agreement. The answer to that is absolutely – No. It's not part of the claim and if they want to settle then they settle the claim as it stands and don't try add anything on. If they want confidentiality then that will cost an extra £1000. If they don't like it then they can go do the other thing. Once you have made the amendments suggested above – it should be the final version. court,. I don't think we are going to make any more changes. Your next job good to make sure that you are completely familiar with it all. That you understand the arguments. Have you made a court familiarisation visit?
    • just type no need to keep hitting quote... as has already been said, they use their own criteria. if a person is not stated as linked to you on your file then no cant hurt you. not all creditors use every CRA provider, there are only 3 main credit file providers mind, the rest are just 3rd party data sharers. if you already have revolving credit on your file there is no need to apply for anything just 'because' you need to show you can handle money. if you have bank account(s) and a mortgage which you are servicing (paying) then nothing more can improve your score, despite what these 'scam' sites claiml  its all a CON!!  
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      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

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Trying to set up a repayment plan with CFO Lending


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Hi,

 

I'm trying to get rid of my payday loans by setting up repayment plans and freezing the interest. Had no problems with the rest apart from CFO Lending they say at the moment they can't set up a repayment plan but I can extend it. I know thats not going to get me anywhere. Need some advice on where to go from here. Cheers

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Ignore them. It's their normal tactics to try and get easy money from you.

 

Keep sending an offer of repayment and explicitally state that you do NOT want to extend the loan. They will then try and add on default charges or missed payment fees. You can ignore these as they are unenforceable.

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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If they start to get cocky, remind them of their obligations under OFT guidance on debt collection which they are legally bound to adhere to in order to operate.

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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  • 2 weeks later...

They do have to. It's part of their Credit license. Ignore their ignorance. Keep pushing for a repayment plan and keep reminding them of their obligiations under OFT guidance.

 

Also, if you have the part where they said "we dont have to", in writing, can you scan the letter or copy the email here? That single bit of info could get them shut down.

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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Here is the email from cfo lending.

 

Good Morning,

Thank you for your email.

I am sorry to hear of your financial difficulties and have updated your account accordingly. Looking at your account I can see you were due to repay your loan today and an agreement was made to pay the full amount back. On the 9th of July 2012 you completed an affordability check with us stating your total outgoings were £350 and you confirmed there you were not aware of any impending disability, unemployment or change of circumstance that would affect your ability to repay this loan.

Unfortunately we are unable to accept a payment plan as our loans are only short term and we have no legal obligation to accept a payment plan. If you are able to pay the minimum of your interest we can defer your loan until your next pay day and this will prevent your loan from defaulting.

If you are unable to make this minimum payment we would have to advise you that your account will default and additional charges will be incurred as per your contract. You can make token payments towards your loan and your balance will still be reduced however your account will not be on hold. If your account defaults our collections procedures will also begin and we can contact you via phone, email, text or post as stipulated in your contract.

I would advise you to keep in contact with us and advise us as soon as your situation improves or you are able to make increased payments. To discuss your account further you can contact one of our collections agents on 020 8166 1472.

Kind Regards,

Lauren

CFO Collections Team

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Get that to the oft. Theyve shot themselves in the foot with that email.

 

Im about to head to work in a min but i can write you up a nice response later this afternoon if you like.

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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  • 3 months later...

kamwendo

 

Ignore CFO's advice. Basically this company are breaching most OFT guidelines with unfair practice. I have had dealings with them and avoid their Resolve product at all costs. This simply is a tactic to get your new bank details to take money out. Offer them £5 a month they can not refuse this and let them add charges etc. The account will pass to an external DCA who will be more supportive to a decent repayment plan ON YOUR TERMS not theirs. Remember these companies are licensed by the OFT and the more complaints customers make will ensure they could loose their licence. I am in an IVA and they still lent me money. I am used to dealing with these people. The courts have no time for them either. Good luck. Mark

 

 

 

 

 

 

 

 

 

 

Here is the email from cfo lending.

 

Good Morning,

Thank you for your email.

I am sorry to hear of your financial difficulties and have updated your account accordingly. Looking at your account I can see you were due to repay your loan today and an agreement was made to pay the full amount back. On the 9th of July 2012 you completed an affordability check with us stating your total outgoings were £350 and you confirmed there you were not aware of any impending disability, unemployment or change of circumstance that would affect your ability to repay this loan.

Unfortunately we are unable to accept a payment plan as our loans are only short term and we have no legal obligation to accept a payment plan. If you are able to pay the minimum of your interest we can defer your loan until your next pay day and this will prevent your loan from defaulting.

If you are unable to make this minimum payment we would have to advise you that your account will default and additional charges will be incurred as per your contract. You can make token payments towards your loan and your balance will still be reduced however your account will not be on hold. If your account defaults our collections procedures will also begin and we can contact you via phone, email, text or post as stipulated in your contract.

I would advise you to keep in contact with us and advise us as soon as your situation improves or you are able to make increased payments. To discuss your account further you can contact one of our collections agents on 020 8166 1472.

Kind Regards,

Lauren

CFO Collections Team

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