Jump to content


Barclaycard (was Egg) CCA request


comingupforair
 Share

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 2549 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Morning

Sorry for the "hand holding" request - I'm new to all this.

 

I'm 10 months in to a DMP,

largest creditor being Barclaycard (this was an Egg card taken out in approx. 2001/2002).

 

 

Agreed payment plan would mean debt is repaid in 6 yrs if no interest charged.

 

 

Despite several requests Bcard will not freeze interest, or default me, but show AP on Credit File.

I'm paying too much each month as a percentage of the debt for them to do this apparently.

 

Under the terms of my DMP, I can't drop the payment to them as total monthly debt repayment has to be distributed fairly between 3 other creditors.

 

I was thinking I would send bcard a CCA request but not sure what this would mean if they don't have one

- would this give me more leverage with them to demand interest is frozen?

Or, if they do have one, would they then get more forceful and demand more / CCJ me?

 

Any thoughts would be really welcome.

Thanks

Link to post
Share on other sites

who's the DMP with please?

 

 

pers I'd ef stop paying them and force the registering of a default

 

 

the AP markers alone, without a default can kill you for almost 12yrs.

 

 

once the debt has a defaulted date

no mater what you do

the account on your CRA file will VANISH on the defaults 6th Birthday.

 

 

who are you debts with please?

ideally YOU should CCA everyone and look at reclaiming PPI/PENALTY charges

before you enter a DMP.

 

 

as for the CCA and anyone nor having it

they get nowt, nor can they do court either without it!

 

 

any DCA's involved in this mix too?

 

 

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... 

Link to post
Share on other sites

Thanks DX

DMP is with Stepchange.

Stepchange have said NO to stopping paying BC.

I guess I could self manage but I'm worried about doing this.

 

Other debts are with MBNA credit card (defaulted. No interest) card taken out 2008 £4k

 

Lloyds Personal Loan (defaulted. No interest) taken out July 2012 £11k

 

Lloyds Credit Card (defaulted. No interest) card taken out in 1998 £12K

 

Lloyds small overdraft (defaulted. No interest) £500

 

Not reclaimed charges or PPI (don't think I had any PPI) on any of these accounts.

 

Still paying original creditors ATM - although have had mention of accounts being passed on as next stage.

 

As it stands all call and chasing etc has stopped - I'm concerned I'll be stirring up a hornets nest if I push them..!

Thanks

Link to post
Share on other sites

Hi Cufa and welcome to CAG

 

Only use this thread to discuss the BC case. Start threads for each other case if you want.

 

Approx what is owed to BC ?

 

See The Lending Code here, s.224 - 227 - http://www.lendingstandardsboard.org.uk/docs/lendingcode.pdf

 

BC (and other creditors) have a duty imposed by The Lending Code to consider helping debtors proactively, by stopping the addition of charges and interest. If Stepchange have not managed to arrange this for you, I suggest you do this for yourself.

 

I would also argue that interest should have been stopped from whenever it became obvious you were in Financially Difficulties.

 

Do you have the a/c statements to show what you have been charged in penalties and/or PPI. If not, you can get this from BC with a SAR.

 

:-)

We could do with some help from you

                                                                PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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

 

Please give something if you can. We all give our time free of charge but the site has bills to pay.

 

Thanks !:-)

Link to post
Share on other sites

Hi Slick132 - thanks for the welcome!

Total owed to Barclaycard is £11.5k

I have twice written to Bcard to request they stop interest, quoting the lending code - but they write back saying not their policy as I'm paying too much each month (£180) this is the figure originally proposed by Stepchange as a fair split of my total repayment to all creditors. BC are currently charging me 3% interest, but this will increase as my outstanding debt decreases and therefore my monthly repayment = a higher %. They also wont default while I'm paying this (doing me a favour they say!)

I could stop paying BC which would probably mean they'd default me and stop interest pretty quickly, but the flip side to this is that Step change would then cancel my DMP and I'd have to deal directly with each creditor. I guess this is my best option but I hesitate to do this as I'm scared the lenders will push for more and take me to court (not sure why that would even matter!) I just want BCard to freeze interest (but even better if it becomes unenforceable if I'm being honest). Do you think I would be worth another request to stop interest then, rather than a CCA request? Thanks

Link to post
Share on other sites

Hi cufa,

 

Send BC a CCA request in any event.

 

Can you tell us exactly what BC say about refusing to stop interest and you paying too much each month.

 

Are you paying 3% per month or per annum ?

 

As asked in my post above, do you have your old statements with data about penalty charges or PPI.

 

:-)

We could do with some help from you

                                                                PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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

 

Please give something if you can. We all give our time free of charge but the site has bills to pay.

 

Thanks !:-)

Link to post
Share on other sites

Thanks I will send them a CCA now. I don't have the letter to hand, but as I understand it, their system means they will only freeze interest if the monthly payment is below a certain % of the total outstanding debt. Its a set scale. My monthly repayment means it in the 3% bracket (awful that I don't know if that's monthly or yearly - I will find that out!) I haven't look at claiming for PPI as I'm sure I never had any. Likewise with the penalty charges, I paid everything on DD and somehow never went over my limit so I don't think I'll have any charges (I went straight from having all my accounts up straight, to the DMP - no "token payments" or missed payments in between. Just seems rough they wont stop interest unless you drag the debt out... or don't pay at all. Thanks for taking time to look through this

Link to post
Share on other sites

When BC totally ignored all my letters re hardship I went to FOS and insisted that FOS sent me all personal data between FOS and BC. One email from BC stated that they are ignoring me because the reduced payments offered were too little. The interesting part of this email was that if I was paying more than 1% pm, they would charge interest.

Link to post
Share on other sites

Hi Cufa,

 

When you have the letter to hand, please confirm exactly what BC about interest.

 

Also let us know the int't rate.

 

:-)

We could do with some help from you

                                                                PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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

 

Please give something if you can. We all give our time free of charge but the site has bills to pay.

 

Thanks !:-)

Link to post
Share on other sites

 Share

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...