Link Bought Four Of My Barclaycards

[Darvishani]

Link bought four of my barclaycards with average amount of debts over £10k each

and I am paying £1 one of them and the rest of £55 each

 

I had the cards for a long time over 12 years but nine month ago they have sold it to Link

 

Link wrote to me at the time and said they are happy for me to carry on these payment

 

And so I did pay on time since and they have not said anything so far.

 

MY debts is about £50k and this was mostly due my business

 

But the good thing about this is There is NO DEFAULTS on my file with any of my barclaycards

 

I am wondering why this is

 

or any suggestion what i should do

 

I am happy to carry on with the payment for next few years but where would that ends

[dx100uk]

that's strange they did not default them before sale.

 

 

have you ever sent them a CCA request for each one.

not got heaps of charges have you

 

 

ever got all the statements.

[Darvishani]

Thank you for your reply

No I have not

but I pay on line to link and I know that the amount is decreasing and there is no interest adding

If CCA them i am sure they do not have any thing to produce but what happens next what can i do next

[dx100uk]

NO CCA = NO PAY.

 

 

link are the biggest fleecers out there

 

 

if BC have sold your debts to them

there is a reason

 

 

find it

 

 

wanna know where your money goes

 

 

http://www.homesandproperty.co.uk/property-news/news/millionaire-debt-collector-digs-deep-south-kensington

[Darvishani]

I am sure myself that the do not have anything

but I am a home owner may be would be dangerous what other action can they take if they do not have CCA

[dx100uk]

none they are stuffed

without signed CCA's

 

 

dx

[Darvishani]

you really mean that Mr dx

it would be an excellent news for me

Therefore shall I hit link with CCA LETTER the four cards together or may be better separately as the figure is to high

I will be grateful to you if i come out free from them

[dx100uk]

bet they've been fleecing you blind.

 

 

and been on the phone too I bet?

 

 

4 sep cca request

4 sep envelopes

 

 

4 sep £1 blank £1 PO's

 

 

don't sign anything.

 

 

dx

[dx100uk]

have you ever sent Barclaycard an sar to get all the statements?

 

 

its smelly that BC have sold +£40k worth of debt on.

 

 

dx

[Darvishani]

As it happened there was no call regarding these cards from links at all

[dx100uk]

so in a nutshell

you fell for the threat-o-grams

 

 

dx

[Darvishani]

I think barclaycard did not have CCA SO they sold it after few months to Link with no defaults on my credit file

[dx100uk]

urm ..I'd have not paid from day one

but £40k is another matter

[Darvishani]

what do you mean i am not with you can please explain

if possible

[Darvishani]

by the way it is just under 50K

[renegadeimp]

One question. How much have you paid in total to link?

[dx100uk]

to be honest I'm really puzzled why they sold debts to £50k

 

 

that sar will be very interesting.

 

 

dx

[Darvishani]

I am paying £1 plus £36 plus £55 and £55 for the four cards for the past 9 months

£147 per month

that is also what i paid to barclaycard for six or seven months £147 for the four cards

[Darvishani]

I think barclaycard had no CCA that is most probably the reason so they sold it cheap to link

[slick132]

Hi Darv,

 

Can we have more info :-

 

1. When were these cards taken out.

 

2. When did you become unable to service the required monthly minimum payments.

 

3. How and when did did you come to an arrangement to make reduced payments for the cards.

 

4. Between the dates in 2 and 3 above, did you incur penalty charges, which you can reclaim.

 

[Darvishani]

Hi

I had Barclaycards for a long time

 

 

the first one most probably 15 years and

then after few years they gave me one after another and

I can not remember I had signed any document at all mind I was very good customer at the time

 

I think it was in early months of 2013 I could not pay the payment as they were very high

 

 

I wrote to them sample letter and they Froze the interest

after two month they accept my payment and they kept the statement going and I have all the correspondence and statement

 

And after 5 or six month I had Letter from Link saying they have bought the debts

and send me four letter one after another three of them .

 

and in their standard letter mention that they are happy with the the same payment which was £1 and £55 and £55 and £36

 

I must point out that The £1 payment was originally £55 with barclaycards but they made a mistake and was asking £1

 

There was interest added for two month or may be more but when they accept my offer they stopped

 

I am just about ok to pay them and If I CCA them and SAR where this is going to take me

 

would it be a chance for link to drop the debts or would it be better for negotiation to reduce the amount

to a 10 to 15 % for Final settlement of the debts

 

Any suggestion

many thanks

[dx100uk]

if they have no paperwork it would put you in a VERY strong position to low F&F

but you MUST get them to either REMOVE the account totally

or

mark them SETTLED not Partial settlement.

 

 

more when you get the info.

[slick132]

Because you serviced the a/c's up until relatively recently (2013), and because you were quick to get an arrangement(s) to pay, there will have been little or no penalty charges. So reclaiming these will not be a useful option.

 

Proceed with the CCA requests to Link and you can decide what to do in light of their responses.

 

[Darvishani]

Thank you for your advise

i will CCA them soon and wish for the good result

Thank you

[Darvishani]

Today i have received three letters from link saying that if i do not come up with better term of payment

they will default my file as barclaycard has not done so by mistake last year

 

And I have 28 days from 9-12-2014 either contact them and give them better term of payment or add the three defaults to my file

 

refresh your memmery my debits are

 

£13800 , £13500 ,£9200 and my payments £55 & £1 & £36

 

I would like to settle with them in order not to get the defaults and i have 15% that is max i have

 

or the time has come to CCA them first as I was going to do it a month ago