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    • thread title updated please complete this: and post up the defence you filed too    not sure where you got that from... is this the same issue? Logging on to MCOL - is the site down? - Financial Legal Issues - Consumer Action Group  
    • thanks for bothering to update us after all the free help.... dx  
    • Hi all,  I really need to start my own thread on this Claim with Overdales/Lowell for a Cap One debt. but have already got to this stage .. My initial question for the moment - until replies come in - is that I figure my main stance is that a purchased debt cannot be claimed, debts can only be claimed by the original issuer of the debt .. but mediation is about coming to an agreement. would I be acting in bad faith if I enter into mediation yet not seeking to come to a financial agreement? Also, I need to reject the scheduled time slot and ask for another as I'm not going to be free during those hours. The wording of the email gives the impression that I am given this one slot and if I reject it, then I am rejecting mediation - there is no mention of rescheduling, only of freeing up the slot for others .. although, I would have thought it would say so, if there were no possibility to reschedule.. Can I ask for another date without issue? I am happy to post up my defence and start a proper thread? I had a lot on at the time and had to do things right away due to the time limits, so didn't feel I had time to come here and go back and forth for info, put my defence together from reading through relevant threads, late at night. CCA request appears to have been fulfilled (I'm still to check the accuracy of the documents). The other thing, asking solicitors about the particulars of the claim, hasn't .. although I forgot to ask for proof of postage and didn't send recorded post either (whereas the CCA I did), so not sure if I can pursue that easily ..?  
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at my.wits end


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Hi,

 

im completely at my wits end with debt,

 

I owe a out about 10,000,

 

problem being its to loan sharks,

 

im 20 years old and do not work due to disability

 

I have seen plenty of loans that I could afford to pay back wuite easily but am not eligible

because of my age and unemployment has anyone any ideas that may be able to help me before this debt takes over?

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tell us about this loan

who its with

 

when you too it out

 

what has happened now to make you so desp

wht have they said/done?

 

etc etc

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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tell us about this loan

who its with

 

when you too it out

 

what has happened now to make you so desp

wht have they said/done?

 

etc etc

 

dx

 

Its owed to loan sharks as in private loan sharks not friends off mine but not loan companies either,

 

it's got to the point the only way I can afford to pay it weekly is borrow more,

 

ive been desperate to get a affordable loan to pay these loan sharks

 

but as I said with my age and unemployment nowhere will consider me,

 

im not to sure what will happen if I dont pay it as ive borrowed every week to cover it now

 

its got to the point where I can't borrow enough to cover it,

 

thanks for the reply

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name and shame please

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Are you thinking that the 'enforcement' might NOT be through the court system, are you receiving threats.

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:

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Indeed so this ' loan sharking ' via friend of friends is sadly rife in some communities at present.

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:

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Indeed so this ' loan sharking ' via friend of friends is sadly rife in some communities at present.

 

Had a meeting with the illegal money lending team and they said that the vast majority of sharks operate via friends and friends of friends. It's a pretty disturbing state of affairs.

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How much did you borrow?

 

First post, havinastella.... £10,000 !!

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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Hi sorry to hear of your situation please have a look at this link on Loan Sharks it may be of use: https://www.gov.uk/report-loan-shark

 

Also have a look at this link from Citizens Advice Bureau (CAB): http://www.adviceguide.org.uk/wales/debt_w/debt_borrowing_money_e/debt_types_of_borrowing_e/debt_loans_e/loan_sharks.htm

 

And this OFT PDF on Loan Sharks:

Edited by stu007

How to Upload Documents/Images on CAG - **INSTRUCTIONS CLICK HERE**

FORUM RULES - Please ensure to read these before posting **FORUM RULES CLICK HERE**

I cannot give any advice by PM - If you provide a link to your Thread then I will be happy to offer advice there.

I advise to the best of my ability, but I am not a qualified professional, benefits lawyer nor Welfare Rights Adviser.

Please Donate button to the Consumer Action Group

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That's what he owes Hun :p

 

Oops.. sorry:oops:

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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How much did you originally borrow and how much have you repaid already ?

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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Thanks for all the replies

 

originally I borrowed 1000

 

but then borrowed to pay the 1000 back

 

then it became uncontrollable and I always had to borrow to pay back,

 

I have received threats but as its friends of friends the only Option I can see is to get one affordable loan

 

as I said I have seen plenty that's affordable but I am not eligible

 

can anyone point me in the right direction? ?

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good morning

 

name and shame the company please.

 

you REALLY REALLY REALLY need to seek confidential advice from the illegal money lending team: 0300 555 2222

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Hi sharv

 

You have mentioned that these are friends of friends that have got you in this position, please bear in mind this is how Loan Sharks operate within there own communities seeking out those in a vulnerable position as you probably were at the time.

 

It is not going to assist you by taking out another loan to pay off this loan from a loan shark that you have no legal agreement with that is probably charging you an extortionate interest rate.

 

I can fully sympathise with your present situation but you really need to listen to the advice you have been given and speak to the condfidential illegal money leading team about this.

 

Can you be 100% sure that you are the only person that they have done this to?

 

Could I ask what Interest they have been charging you on this loan?

Edited by stu007

How to Upload Documents/Images on CAG - **INSTRUCTIONS CLICK HERE**

FORUM RULES - Please ensure to read these before posting **FORUM RULES CLICK HERE**

I cannot give any advice by PM - If you provide a link to your Thread then I will be happy to offer advice there.

I advise to the best of my ability, but I am not a qualified professional, benefits lawyer nor Welfare Rights Adviser.

Please Donate button to the Consumer Action Group

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Borrowing further to pay these people back will only compound the problem.

Sequenci posted up a number re illegal lending team, please use it for your own sake

and others these sharks may have in their clutches everything is confidential.

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:

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My main reason for not phonin for legal advice is because its friends of friends

then it will leave them stuck and maybe being asked to pay my debts?

 

I want to try get one affordable loan that seems to be the only option I can take,

 

I was paying 200 a week interest alone before I could start paying off the loan

 

now its becoming uncontrollable and its really starting to get on top of me

 

all I can thibk about from monday to Friday is where im finding there money

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Hello there.

 

I think it's worth making the confidential call to the helpline, just to see what they say as they're the experts. If you don't like what you hear, you don't have to act on it, but they may give you a new perspective on things, and will be used to the type of worries you have.

 

My best, HB

Illegitimi non carborundum

 

 

 

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the number is not for 'legal advise'

 

it is a reporting line & from there you will get help

upon what you can do & what options are available.

 

you need assistance in deciding what to do, rather than just your own thoughts

on just getting another loan to pay this loan.

 

by the nature of this line, and its subject

 

I can assure you it is confidential, and discrete, it will not implicate you in any way to phone them.

 

as I think this is what you are worried about, they will never reveal whatever info you give them is from you.

 

please I urge you, give them a ring talk it through with them

they are the specialists, they will not judge you or get you into any bother

with your friends.

 

illegal money lending team: 0300 555 2222

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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