old studio 24 catalogue - is CCA etc worth it.

[JamesKay]

Hi boys and girls,

 

I'm new to the forum and want to ask a question about CCA.

 

Is it still ok to ask for one given the new laws and stuff?

 

How likely is it to backfire?

 

I've had this account with 24Studio, probably the worst people one could ever deal with.

 

I've the account for donkey years, most probably pre 2000.

 

This was dormant for many years but they kept sending me statements for £0 and catalogues.

 

amazingly after many years I started using it and now owe them about £1600,

their interest rates are 28.3% (if you pay by direct debit) or 40.7% (if you pay by other methods).

 

One failed direct debit and your stuck to other methods forever as they blatantly refuse to set one up for you after that.

 

Well, my situation has changed recently and at that interest rate I'm finding myself making only minute dents to the debt.

 

In my situation, how likely is it that a CCA letter would work given the account prehistoric?

 

Thanks for any input.

[BRIGADIER2JCS]

Hi, Welcome to CAG, The fact that you have used the account and received goods is acknowledgment that an account exisits, at this stage a reconstituted agreement is likely to be produced to satisfy a section 77/78 request under CCA 1974.

[citizenB]

Are there any default charges being applied to the account that could be reclaimed ?

[AndyOrch]

I wasn't aware that you had to sign a agreement with this company...your first purchase is your agreement...so I doubt you will get a response.They survive on their unfair terms and Conditions and charges for XYZ not the actual goods.I have yet to see litigation from this crew but I know they will trash your credit file.

 

" their interest rates are 28.3% (if you pay by direct debit) or 40.7% (if you pay by other methods)." For example:!: http://www.legislation.gov.uk/uksi/1999/2083/regulation/5/made

 

Regards

 

Andy

[dx100uk]

moved to the cat forum

 

i'd expect you've lots of PENALTY charges too.

 

have you all the statements?

 

dx

[fletch70]

Surely if it's that old a reconstituted agreement may satisfy a section 77/78 request but that is only for information. Yes they will trash your credit file if you stop paying but at the same time i imagine s127(3) will still apply.