MKDP Credit Report Entry

[cheops]

Ok thanks will just see what response I get back now. if any!

 

Thanks

[cheops]

Thanks for all the help so far everyone.

 

I have made a donation to help support CAG

[BRIGADIER2JCS]

Thanks for all the help so far everyone.

 

I have made a donation to help support CAG

 

 

Excellent I am sure the donation Will be very much appreciated!!

[cheops]

Hi,

 

I have received another letter this morning saying:-

 

Dear Mr X

 

Further to your recent request for documents relating to the outstanding balance stated above.

 

Unfortunately, at this time we are unable to fulfil your request. MKDP LLP takes great care to ensure that such matters are dealt with in a professional manner and as such we will be liaising with your Original Creditor to request the required documentation.

 

We will contact you as soon as we receive the documents you have requested.

 

Just wondering if I need to respond to this?

 

Thanks.

[Stigman]

Just wondering if I need to respond to this?

 

No.

 

It means that they cannot find the paperwork - oh dear, how sad!

 

Just wait until they come back to you with something.

 

Until then, just sit back, relax & enjoy your day.

 

Stigman

[cheops]

I will thanks

 

At what stage will I be able to do something about the default they have registered on my credit report? if at all?

 

Thanks

[Stigman]

At what stage will I be able to do something about the default they have registered on my credit report? if at all?

 

If the default was placed correctly with the correct default date then am sorry but it will stay for 6 years because this is a true & correct reflection of your credit history.

 

Stigman

[cheops]

Hi All,

 

I have got my SAR request back today from welcome so I'm attaching the figures and agreements.

 

Policy 1 is the original Loan.

Policy 2 is the refinanced Loan from Policy 1.

 

Please be aware that my default date is 01/05/2010 I can't tell if its right from this stuff.

 

Thanks

[dx100uk]

look in the comms/account log for the issuing of the dn

 

dx

[cheops]

Yeah I've had a look and there was communication with me in December 2009 so it sounds about right, however I never received default notice in writing but you live and learn.

 

I would be grateful to get some feedback on the above attachments with regards to my options? if I have any?

 

Thanks.

[dx100uk]

get a PPI reclaim going

 

see no.1. below [2 loan rollover]

 

and also look for £12 or more fixed sum PENALTY fees

 

letter/phone/reverse DD]

 

dx

[cheops]

Hi dx100uk

 

It looks very complicated to sort out all this, I'm scared of making a mistake

 

"see no.1. below [2 loan rollover]"

 

Are you talking about the credits of the insurance policies on loan agreement 2? Is that what I should be claiming

 

"and also look for £12 or more fixed sum PENALTY fees"

 

Are these the charges for contacting me? Would the trace fee be one of them?

 

Thanks.

[dx100uk]

don't worry about mistakes

 

read thru the instructions about how to claim a 2 loan rollover [a refinanced loan]

 

dx

 

trace fee yes

[cheops]

Hi,

 

So I have had a read but a few things are still confusing.

 

I have downloaded the StatInSheet v101.xls spreadsheet do I enter the unfair fees for telephone calls etc in the PPI spreadsheet?

 

Do I add the total of all different PPI products as 1 lump sum into the spreadsheet?

 

Also I noticed that on the new refinanced agreement(Policy 2) that it says the fees had been credited to my account and cancelled but nothing was reduced am I seeing this right? If so what do I do about there being no PPI in agreement 2

 

Thanks

[dx100uk]

you use a diff spreadsheet for the charges

 

CISheet v101.xls

 

the fees and the PPI are two sep issues...

 

if you work out the PPI %

what ever was rolled over from loan 1 to loan 2 [the refinance figure to pay off loan 1 in the statement of loan 2]

 

there will be a % of that that was PPI, as it wasn't rebated

 

can you scan up the statements and i'l help

 

there are also loads of threads here on welcome and PPI and also penalty charges

 

dx

[cheops]

Hi

 

yeah i've scanned them up in post 33? They are all in the pdf's is that what you mean?

 

Thanks

[dx100uk]

sri going blind on a small screen hang on

[cheops]

No problem thankyou for your help much appreciated.

[dx100uk]

loan.1. PPI

 

cash advance £2000

PPI £955.21

total loan £2955.21

 

PPIPCM% = 955.21/2000*100=32.32%

 

PCM=£198.74

 

PPIPCM = 32.32% of 198.74=£64.24

 

PPI rollover £1203.65

 

loan 2 PPI rollover

 

PPIPCM% =£1203.65/£3724.15*100=32.32%

 

PPIPCM=32.32% of 84.51=£27.31

 

 

I make all the reclaiming worth £1922.08?

dx

[cheops]

Hi dx100uk

 

Thankyou so much for doing these calculations I would have never worked out how to do this.

 

Wow £2109.97 in total from PPI & Unfair charges, this will go a long way in resolving the outstanding amount.

 

I guess the next step is to fill in the FOS PPI questionaire, cover letter and also the PPI reclaim.xls as an envelope

 

With regards to charges I need to send the other 3 spread sheets as a seperate charges claim envelope?

 

Thankyou.

[cheops]

Also I just noticed that on the PPI reclaim from Loan 1 that you have put 2 payments from on the 01/04/2008 and 01/05/2008 these were unpaid according to the statements can I still claim PPI on these?

[dx100uk]

glad you checked them then.

 

just delete the lines

and the sheet will update

 

two sep claims

 

ppi & charges

 

there is a charges reclaim letter

that you can use in green library tab top left

just adapt it

[cheops]

Thanks dx100uk

 

I have got all the paperwork ready for posting with regards to PPI.

 

I have looked in the library and the only reclaim charges letter is one under mortgages, the letter itself mentions mortgage is this the correct one? If it is do I leave the mention of mortgage in the letter?

 

Thanks

[dx100uk]

ah yes I forgot the library has changed now

 

adapt to suit........

 

 

Account number

 

 

Dear Sir/Madam

 

 

 

I recently became aware of media reports on the investigation into credit card charges by the Office of Fair Trading.

 

 

I now understand that the regime of fees which you had applied to my account in relation to late and over limit charges

are unlawful at Common Law & under both Statute and Consumer regulation as they do not represent a genuine pre-estimate of your actual costs, but more a fixed PENALTY.

 

 

 

I would draw your attention to the terms of the contract which you agreed to at the time that this account was opened.

 

 

It is an implied term of that contract that you would conduct yourselves lawfully and in a manner which complies with UK law

and in consideration of fair business practices and good faith.

 

 

 

It is my contention that you have failed to operate my account in a manner conducive to the above and have demonstrated a lack of fiduciary duty.

 

 

 

I calculate that you have taken £240.00 plus £878.70 which you have charged me in interest which totals £1,118.70.

 

 

 

Therefore this letter demands a refund of all PENALTY charges indicated including interest to the date you settle,

 

 

 

As the account concerned is closed, I request that payment is made directly to me, either by cheque or by BACS transfer.

 

 

 

I trust this clarifies my position.

 

 

 

 

 

Yours Faithfully

 

 

 

Enc; Schedule of charges

[cheops]

Awesome thankyou for your help, having a trip to the Post Office to get these claims sent off.

 

I still haven't had a response to my CCA from MKDP, I guess once/if I get that then I can start negotiating a settlement figure. Any advice on this?

 

Will keep you all updated.