Greenwoods ltd personal credit DEBT £360

[clairemul]

hi can anyone tell me the best way to deal with this debt please

Greenwoods ltd personal credit DEBT £360

Listed on all CRAs

Start date 10/8/2009 defaulted 10/5/2009 updated 28/9/2009

This was for a personal loan taken out in 2009 the payments were not finished I have a letter from green woods dated the 29/3/2012 stating the debt was for £320 arrears yet appears on CRAs as £360

[citizenB]

They would appear to be adding interest and charges. Have you considered writing to all your creditors advising that your financial circumstances have changed and that you can no longer afford the contractual payments. That you would like them to accept £x amount and for them to cease adding interest and charges.

 

If you have statements and can see what default/penalty charges they have added, you could put in a claim to have them refunded in order to reduce the balance.

 

If you opened this account in 2009, it is almost certain they will have an agreement that conforms to the regulations.. unless you can state with certainty that you did not sign an agreement.

[citizenB]

http://www.consumeractiongroup.co.uk/forum/showthread.php?387346-Ask-Creditor-to-Accept-Pro-Rata-Payments

 

The letter linked above is the one you should be sending to them.

[clairemul]

if I set up a payment plan with these and I have finished paying dose the default go off my CRA?

 

 

just a bit confused on how it works