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KPR, Discountoffer on Outstanding Pers Loan Balance 'without Prejudice'


Bezant
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Hello and many thanks for this very helpful forum,

 

Ive been reading around for a few days on here but cant see something that I can directly relate to,

so I'm hoping that someone can point me in the right direction of what to do.

 

Situation

 

I have 3 outstanding debts with various lenders all of which I have negotiated a £1 per month payment.

 

I'm a job seeker and I'm also attempting to get my own business up and running

- No income from this as yet so I'm just on the basic JSA

- but also poss looking to move to tax credits (or the equivalent of).

 

One company Nationwide have appointed KPR to as they quote 'your account which has been passed to us to recover the outstanding debt'

Amount £7500 - Date of letter 7th March - received regular post 11th March 2014.

 

Now, my agreement for the £1 per month with Nationwide is approx 12 months old

and KPR have been calling and writing to me for 6 month prior to receiving this letter,.

. Ive never entered into any conversations or correspondence with KPR over this matter.

 

I also haven't entered into any correspondence with Nationwide since this arrangement was set up.

 

The letter from KPR going on to say call us immediately to discuss what discount is available to

- 'settle the debt by paying a significantly reduced one off discounted sum.

 

I'm lost to what my response to this should be?

 

Any help would be very gratefully received.

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KPR are nationwide in house dca.

 

if they are offering a discount

then something is WRONG with the debt

 

PPI?

 

PENALTY charges?

 

you have ofcourse done the obv with all your debts...

 

and that's sent a CCA request?

 

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 Bezant

 

Do you know the rough breakdown of charges etc on the account?

Discounts can sometimes mean something is wrong with the debt... But it can also be a double edged sword.

 

We could do with some help from you.

 

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

 

**Fko-Filee**

Receptaculum Ignis

 

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Hi Bezant

 

Do you know the rough breakdown of charges etc on the account?

Discounts can sometimes mean something is wrong with the debt... But it can also be a double edged sword.

 

 

I don't know of any charges - no correspondence on this matter.

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what's the account type :card?

 

tell us the history

 

is this on your credit file?

 

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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Share on other sites

Its a personal loan that I took out in 2012,

Had an arrangement for 12 months £1 per month

KPR, stated contacting me 6 months ago wanting more

Ive not entered any communication with either nationwide or KPR in the year since ive been paying the £1per month

I'm sorry I don't know about my credit file as Ive not got an up to day version of it.

 

What else do you need to know?

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I have two accounts with Nationwide

 

The personal loan as above for £7500 - they have it marked up as late payment for 6 months late (for 8 months) then last month down as default. From my credit file looks like £50 per month was added for 4 months in the early stages of late payment. Account since 9/2011

 

The Credit card - £3800 (not referred to in the letter) marked up as 6 month late payment (for 7 months) then 4 months default. - I'm guessing this will be about the time they handed it over to KPR department. with one £50 charge added the 2nd month of default. Account since 8/2011

 

Both will have been signed up for online.

Edited by Bezant
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id be send NW an sar.

 

not got PPI on these have you?

 

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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one sar is all that's needed.

 

something not right there.

 

KPR/NW don't offer discounts

 

I wonder whats up/

 

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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KPR ARE NW

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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  • 1 month later...

look for fixed sum penalty fees

 

PPI?

 

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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  • 2 months later...

I have a similar problem to this with a Nationwide credit card for £8200. Not sure about PPI but K.P.R. sent the letter offering a discount with a 7 day response time on 20/06 but I didn't receive the letter until 10/07. I also have a letter from credit management informing me of a charging order if I don't up my payments to pay off the debt in 60 months.

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I have a similar problem to this with a Nationwide credit card for £8200. Not sure about PPI but K.P.R. sent the letter offering a discount with a 7 day response time on 20/06 but I didn't receive the letter until 10/07. I also have a letter from credit management informing me of a charging order if I don't up my payments to pay off the debt in 60 months.

 

yu need to start a new thread

 

of your own.

 

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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