Moorcroft an old Natwest debt

[intercityboi]

Hi,

 

.A while ago, an old Natwest loan was transferred over to Moorcroft as I had missed several payments owing to personal circumstances.

 

When Moorcroft contacted me, I registered myself on their internet page and made an offer of £300 per month towards clearing the debt (which is £8.2k).

 

Personally, I find this to be a more than reasonable amount to have offered.

 

They have had this payment, for the past 4 months, via standing order and everything has been tickety boo.

 

However, just before Christmas, I received correspondence from Moorcroft, advising that they had been supplied with information

from credit reference agency CallCredit to advise that my financial situation appeared to have changed and that they would like me to contact them as a matter of urgency.

 

Now you just know this is not going to tell me that they want to REDUCE my payments, but probably pay more.

 

Luckily, I am comfortable with paying this amount each month and, as a matter of fact, this will be reduced even quicker as I am paid every 4 weeks,

which means they'll get 13 payments a year instead of 12.

 

I suppose if they had any sense, they would have cottoned on to this, bearing in mind the date they receive their money changes every month?!?

 

What I want to know is that if CallCredit HAVE given Moorcroft this information, have they breached DPA rules?

 

Yes, it is true that I cleared a couple of smaller debts just before Christmas that saved me interest,

but I was more interested in clearing these as I knew that paying off more to Moorcroft would not save me anything,

as there's no interest/charges being added on to the original amount owed.

 

I find it incredulous that a credit reference agency is, snitching on me for paying bills.

 

If Moorcroft feel they should be having this money instead, then shall I just stop paying my rent, utlility bills and credit cards as well?

 

That's a joke by the way, I'm not that idiotic.

 

After choosing to bin the letters, Moorcroft have now called today and left a voicemail asking me to call them.

 

What for?

 

I could understand if I wasn't paying, but I am.

 

Are these people never pleased?

 

Could someone please advise on what my next step should be?

 

Many thanks,

 

Ross

[i hate bailiffs]

sounds like there could be more to this story.

 

does it show on your credit file when was the last payment before morecrap got involved

 

is there PPI and charges that can be reclaimed

stay off the phone to them

[dx100uk]

and you believe what they say in their letters??

 

now

what concerns me more here is you are freely paying a DCA

 

NEVER EVER pay a DCA

 

have you looked at your CRA file?

 

is the debt listed?

WHO is shown as the owner?

 

dx

[BRIGADIER2JCS]

Hi welcome to CAG no there is not a breach of the DPA, DCAs and creditors routinely check for ''improvements'' in debtors circumstances.

You are not under any obligation to speak to them or offer them higher payments so ignoe until the start begging letters.

The information will have been provide by a search.

[intercityboi]

Thanks for your replies guys.

 

They're much appreciated.

 

I honestly don't know the in's and out's of debt recovery and I decided to come on here as I felt aggrieved that,

 

a company that I am paying just appears to want more than the fair amount being offered.

 

I have read a few other threads on Moorcroft and noted that they are rather underhand and that ownership of debts can be questionable and so on.

 

Should I write to them,

 

stating that I only want contact in writing and nothing else?

[dx100uk]

please answer the questions asked

 

is this debt on your cra file?

 

when was YOUR last financial in/out before these fleecers spoofed you into paying?

 

what is the default date on the CRA file?

 

dx

[intercityboi]

The last payment to Natwest was in December 2011. The first payment to 'bounce' was in January 2012. It was around September time that Moorcroft got in contact. I made the first payment to Moorcroft on 14/09/12 and they have had 4 more since, so £1500 has been shaved off the debt to date. I have not checked my CRA file, how would I do this please?Thanking you for your assistance :o)

[BRIGADIER2JCS]

Have you checked your credit reference files?

 

Do you have a copy of the loan agreement, if not a CCA request made under sections 77/78 of the Consumer Credit Act 1974 can be made, there is a £1 statutory fee and the DCA has 12+2 workink days to comply, use the template from the CAG Library.

 

To stop calls send this to tThe Compliance Manager at Moorcroft.

 

Ref: use theirs.

 

Sir,

I refer to recent telephone contact from Moorcroft regarding the debt I am repaying, please note I will only deal with this matter in writting, and please note I am not prepared to increase my payments at any time.

 

Recorded delivery.

[dx100uk]

sniff sniff something smells here...

 

why did yu start paying the DCa

 

fell for a thread-o-gram

 

dx

[intercityboi]

As I said before,

I really don't have any idea about any of these things.

 

I know that probably makes me look stupid to others, but in my eyes it's just a case of a debt that's owed and has to be paid and simple as.

 

Unfortunately, it doesn't appear to be as simple as that does it?

 

I'm now thinking that Moorcroft may have now shot themselves in the foot,

as if they'd have just kept quiet and been happy with their £300 a month,

then I wouldn't even be on here.

 

As such, I am now going to be taking your advice and obtaining my CRA and contacting them for confirmation of ownership of the debt!

[BRIGADIER2JCS]

Good keep us posted please.

[intercityboi]

Certainly will. I'll be letting you know of further developments via this thread. Watch this space!

[dx100uk]

As I said before,

I really don't have any idea about any of these things.

 

I know that probably makes me look stupid to others, but in my eyes it's just a case of a debt that's owed and has to be paid and simple as.

 

Unfortunately, it doesn't appear to be as simple as that does it?

 

I'm now thinking that Moorcroft may have now shot themselves in the foot,

as if they'd have just kept quiet and been happy with their £300 a month,

then I wouldn't even be on here.

 

As such, I am now going to be taking your advice and obtaining my CRA and contacting them for confirmation of ownership of the debt!

 

no need to contact them [send the cca though]

 

your cra file will show if thy own it

 

IMHO your need to SAR NATWEST ASAP.

 

when did you take this debt out

and how much was the loan for?

 

still got the agreement?

dx