Shop direct debt

[Green123]

Hi, I'm new to all this forum-

 

I have stupidly built up £4000 on a Very account (shop direct) and

 

am having trouble meeting my minimum payments every month

 

as they go up and down when buy-now-pay-later's come into effect.

 

Is it reasonable/even possible for me to request they freeze all interest and activity on my account

and I pay back a set figure each month?

 

I worked out approx £116 a month for 3 years would clear it.

 

I spoke to someone from Very a few weeks ago when I enquired about my options,

and he said a repayment plan could be set up,

but we didn't go any further in discussion.

 

Any help much appreciated,

 

thanks.

[BRIGADIER2JCS]

The answer to this is you can only ask, it is difficult to speculate about this.

[dx100uk]

have you got ALL you statements?

 

got any PENALTY fees [£12 for everything from late/over/phone calls/debt management?]

 

you really need to keep things in writing too

for the paper trail.

 

stay off the phone

 

I've moved you to the cat forum

 

lots to read here

 

cat debts are VERY [pun] LOW PRIORITY

 

can I suggest this:

 

TELL [dont ask] them they are only going to get £xxPCM for xx mts

as a goodwill gesture

and as a reciprocal GOGW they must freeze int & refrain from levying PENALTY charges.

if they wont

drop them to £1PCM for life.

.

as an example>

.

I am currently in financial difficulties and not able to meet my normal monthly repayments.

to show my goodwill, i am going to pay £5 for 6 mts.

 

i will update you in 6mts time or before, should my situation change.

.

could you please as a reciprocal goodwill guesture,

.

refrain from levying any penalty charges & freeze the interest on my account.?

.

Should you fail to assist me during a period of financial difficulty, contrary to all the guidelines and codes

issued by the relevent bodies and authorities that govern you and the way you conduct yourselves.

.

i shall have no alternative but to reduce my offer to £1PCM for the rest of the life of the account,

.

.

as your actions would do nothing to help me.

.

i thank you for your time.

..

.

dx

.

then pay by your internet banking site

.

and get reclaiming

.

TAKE CONTROL

.

or

if you have sent the above and they refuse

then write back........

.

.

i'm sorry, but you have failed to assist me during a period of financial difficulty, against all the guidelines and codes

issued by the relevent bodies and authorities that govern you and the way you conduct yourselves.

i repeat again, the contents of my letter dated dd/mm/yyyy, for want of clarification:

to show my goodwill, i am going to pay £XX for XX mts

could you please as a reciprocal goodwill guesture, refraining from levying any penalty charges & freeze the interest on my account.

i will update you in 6mts time or before, should my situation chance.

should you fail to help by refraining from levying unlawful PENALTY charges & freeze my interest,

i shall have no alternative but to reduce my offer to £1PCM for the rest of the life of the account,

as your actions are doing nothing to help me.

This is contrary to the rules you should operate under.

disgruntled account holder

dx