Jump to content


  • Tweets

  • Posts

    • Lots of apparently differing views on the effects of: https://www.theguardian.com/environment/2021/feb/25/atlantic-ocean-circulation-at-weakest-in-a-millennium-say-scientists     Https://www.euronews.com/living/2021/02/26/are-the-earth-s-shifting-magnetic-fields-causing-climate-change?utm_source=newsletter&utm_medium=en&utm_content=are-the-earth-s-shifting-magnetic-fields-causing-climate-change Interesting take, and undoubtedly some significant effects, but along with a less well understood irradiating event around 10,000 years prior to the one referenced here (earlier one thought to be a supernova or other such stellar event) , I think this is at least as at home in the Atlantis thread as what drove a surface dwelling primate to often often very deeply underground.
    • France have just approved the AZ vaccine for everyone up to about age 80 fwiw, TJ.
    • Drop some pfiser vaccines off at our local surgeries while you are out please MD
    • Thank you first address / name confirmed for me ..   He reads everything we post on this site 
    • Well send off the letter of claim when you're ready. There's really no need to hang around. In terms of the particulars of claim – you don't need to send anything extra. Do not click any boxes.   I wasn't aware that you actually had to calculate the daily rate of interest. I'm giving a shout to my site team colleague @Andyorch
  • Our picks

    • I sent in the bailiffs to the BBC. They collected £350. It made me smile.
        • Haha
        • Like
    • Hi @BankFodder
      Sorry for only updating you now, but after your guidance with submitting the claim it was pretty straight forward and I didn't want to unnecessarily waste your time. Especially with this guide you wrote here, so many thanks for that
      So I issued the claim on day 15 and they requested more time to respond.
      They took until the last day to respond and denied the claim, unsurprisingly saying my contract was with Packlink and not with them.
       
      I opted for mediation, and it played out very similarly to other people's experiences.
       
      In the first call I outlined my case, and I referred to the Contracts (Rights of Third Parties) Act 1999 as the reason to why I do in fact have a contract with them. 
       
      In the second call the mediator came back with an offer of the full amount of the phone and postage £146.93, but not the court costs. I said I was not willing to accept this and the mediator came across as a bit irritated that I would not accept this and said I should be flexible. I insisted that the law was on my side and I was willing to take them to court. The mediator went back to Hermes with what I said.
       
      In the third call the mediator said that they would offer the full amount. However, he said that Hermes still thought that I should have taken the case against Packlink instead, and that they would try to recover the court costs themselves from Packlink.
       
      To be fair to them, if Packlink wasn't based in Spain I would've made the claim against them instead. But since they are overseas and the law lets me take action against Hermes directly, it's the best way of trying to recover the money.
       
      So this is a great win. Thank you so much for your help and all of the resources available on this site. It has helped me so much especially as someone who does not know anything about making money claims.
       
      Many thanks, stay safe and have a good Christmas!
       
       
        • Thanks
    • Hermes and mediation hints. https://www.consumeractiongroup.co.uk/topic/428981-hermes-and-mediation-hints/&do=findComment&comment=5080003
      • 1 reply
    • Natwest Bank Transfer Fraud Call HMRC Please help. https://www.consumeractiongroup.co.uk/topic/428951-natwest-bank-transfer-fraud-call-hmrc-please-help/&do=findComment&comment=5079786
      • 33 replies

Please note that this topic has not had any new posts for the last 3129 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hi,

 

Im new to the forum and have joined for help.

 

My credit file and score has been obliterated by payday loans and defaults.

 

I am about to engage in settling and cleaning up my credit file.

 

I figured i can negotiate with payday companies and all i want is to propose a reduced settlement figure in return for settlement of the debt and my credit record updated accordingly.

 

I intend to make an offer and have them send me a letter accepting the offer and agreeing to update my record.

Without receiving this letter i will not proceed.

Is this the best way to move forward. Have it in writing so I can prove they agreed to my requests incase they dont actually do it?

 

Also is there a time scale i can enforce from settling the account until my credit record is updated?

 

Cheers

Link to post
Share on other sites

Hi no you cannot enforce any time limits on this, you should

also be aware that the credit file default entry will show satisfied

if a F&F settlement is made for an amount less than that owed and

that entry will remain on file as such for the remainder of the 6 year

life of the default.

Yes you must have written agreement before paying anything.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

Link to post
Share on other sites

surely a default and a F&F settlement of lesser value is still a settlement. If the creditor agrees? And if i settle the defaulted accounts will my credit score begin to improve.

 

Also how long after the defaults before creditors overlook them as i have many credit accounts that i still manage well.

 

My current score is 272

Link to post
Share on other sites

No it is still a defaulted account that can be seen by potential lenders.

You start to rebuild a credit reputation in reality once the default entry

is removed after 6 years, then you must steadily build on by not making

numerous credit apps, having a low limit CC and paying it off in full each

month for starters.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

Link to post
Share on other sites

I have 4 mobile contracts.

A 5k loan and

a £200 credit card which i manage in good order.

 

Plus I have a load of Payday loans settled satisfactorily.

 

If i keep my head down and stick with what i have,

will it at least come up enough so my bank will offer me a current account?

Link to post
Share on other sites

Thread moved to Credit Agencies forum

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Yes, just do not apply for any more credit!

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

Link to post
Share on other sites

If i keep my head down and stick with what i have,

will it at least come up enough so my bank will offer me a current account?

 

I had loads of defaults but got a STEP account from Natwest ok - they have changed the name to basic account and think its the same otherwise - no cheque book or overdraft but thats good if you are building your credit score back up

Credit Reference Agencies - not all details will show on all 3. So check all 3

 

Noddle (callcredit) free

https://www.noddle.co.uk/

 

£2 statutory credit report off the other 2 listed below.

 

Experian

http://www.experian.co.uk/consumer/statutory-report.html

 

Equifax

http://www.equifax.co.uk/Products/credit/statutory-report.html

 

 

If i help feel free to click star on my post. cheers

Link to post
Share on other sites

That is a good account but be careful £1 over and the then watch out!!!!

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

Link to post
Share on other sites
That is a good account but be careful £1 over and the then watch out!!!!

 

i have gone over before with this account but if you correct the error by closr of business the same day then they dismiss the charge. I have full green lights on my credit file too for this acc. So if you act same day you will be ok

Credit Reference Agencies - not all details will show on all 3. So check all 3

 

Noddle (callcredit) free

https://www.noddle.co.uk/

 

£2 statutory credit report off the other 2 listed below.

 

Experian

http://www.experian.co.uk/consumer/statutory-report.html

 

Equifax

http://www.equifax.co.uk/Products/credit/statutory-report.html

 

 

If i help feel free to click star on my post. cheers

Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...