Nationwide credit card

[TH1966]

I owe just over £7,000 and have been issued with a default notice in July 2014.

 

 

The credit card was taken out in October 2011.

 

 

I today returned a telephone call from them and they say they have reviewed things in January and will be going for a CCJ and intend to secure the balance against my home.

 

 

I either need to increase repayments so its paid within 5 years or make a partial settle of just under £5,000 and they will no longer pursue me. This is despite me not having any PPI or penalty charges, bar those when I stopped paying approx. 6 months ago.

 

 

I've not had any correspondence from them yet regarding this.

 

 

I want to avoid a CCJ if I can, if try to make a higher monthly payment to them to avoid a CCJ will it cause any problems with the other creditors who have agreed lower repayments?

[SabreSheep]

ok stop

 

first of all, YOU decide what YOU CAN PAY based on your financial circumstances. If it ends up being £1 a month, so be it.

 

Second, NO MORE PHONE CONVERSATIONS.. In writing only. If they contact you, tell them, "Communicate in writing only" It reduces the bullying somewhat.

 

Third, They cannot "JUST GET A CCJ"

 

They have to do court first where you will get opportunity to defend. A judge will only award repayments appropriate to your financial circumstances IF THEY WIN

[TH1966]

Thanks Sabresheep.

 

 

I've got a letter today offering me a discount on the debt for 7 days only after which time they will send a final demand for the full balance.

 

 

They are also suggesting paying up to avoid further legal costs.

 

 

I'm worried about this one because they will have all the correct paperwork as it was only taken in 2011.

 

 

Will I be able to defend a CCJ if they have the correct agreement?

[TH1966]

Hello just wondering if somebody can explain to me can a CCJ be defended if the credit card company have all the correct paperwork. Thanks

[SabreSheep]

If they are offering a discount, something smells fishy

[dx100uk]

time for an sar me thinks

unless you have all the statements and the agreement?

 

 

dx

[TH1966]

I do have all the statements and the agreement. Not the one I signed but a customer copy.

 

 

There is no PPI and no penalty charges (at least until I started missing payments last year).

 

 

Is it worth sending an SAR

[Bazooka Boo]

How much of their 'penalty' charges have they added? These can be reclaimed under the hardship rules.

 

Keep everything in writing ONLY never talk to them over the phone.

 

Have you made them an offer, in writing, to pay what you can reasonably afford each month?

If not do so, and it might be a good idea to enclose your own I&E form, NOT one of theirs, get the template off here or National Debtline.

 

This will show that you have tried everything possible in order to bring this to an amicable solution without the need for legal action.

 

What date did the default notice tell you you had to rectify the agreement by before it would be terminated?

[TH1966]

Hi Bazooka-Boo

 

 

£36 was charged in penalty fees.

 

 

I sent an I & E in July 2014 and they accepted my offer of £6 per month.

 

 

They defaulted at the same time and gave me until 30 July 2014 to get account back in order.

[Bazooka Boo]

OK thats fine, if your paying what you told them you would and not the other way round, then leave it be, unless of course it is

leaving you short then reduce it.

 

Are you paying via standing order?

If not you need to change it to SO as if it's being paid via DD then they can take whatever they want whenever they want.

 

So they have now sent you a termination notice, as you failed to correct the default by the end of July?

Have you got a copy of that default notice?

 

All they should be sending you now, less for the threat letters, is a statement of account so you can see what's been paid and how much is still owing...

[TH1966]

Thanks Yes I am paying by Standing Order and I do have a copy of the default notice.

 

My main worry though is a potential CCJ

does the fact I am making payments by Standing Order make a CCJ less likely.

 

The woman on the phone said they would offer a partial settlement and then go for a CCJ if I didn't take it up.

 

I have been given a partial settlement offer.

 

Is it possible to defend a CCJ if they have the paperwork correct at their end?

[dx100uk]

you always defend a CCJ regardless

else they'll get one by default.

 

 

partial settlement gets me

 

 

how much lower was it from their claimed balance

 

 

theres something here we a/you are not spotting re the PS/discount.

 

 

dx

[TH1966]

It was 30% approx. the girl on the phone said.

 

I know what you mean about the partial settlement

 

 

but I figured they are just discounting the costs of dealing with me to get a quick end to the matters.

 

 

Surely an agreement from late 2011 will have been done properly.

[dx100uk]

sure yes it would have

never heard of nationwide themselves ever offering a short settlement.

 

 

good if they are ofcourse .

 

 

dx

[TH1966]

I got a final notice yesterday telling me its their final letter before legal action commences and its my final opportunity to discuss settlement of the account by a lump sum payment or instalments.

[dx100uk]

got to admit this is all new territory for me

nationwide doing this.

 

 

can we see the letter please?

 

 

dx

[TH1966]

Took me ages to get rid of all the information that could identify me.

[TH1966]

this might be a bit better

[dx100uk]

aha the wonderful word 'instructed'

 

 

doesn't mean they will carry it out mind

whomever 'their rep' is.

 

 

discount letter too please

 

 

follow this its easier

use MSpaint to block the text after scanning

 

 

HOW TO UPLOAD DOCUMENTS / IMAGES ON CAG IMMEDIATELY YOU DO NOT NEED 10 POSTS

.

IMPORTANT To protect your IDENTITY and ensure you remain ANONYMOUS on CAG

YOU MUST ensure that you REMOVE all Personal Information including Barcodes, Names, Addresses etc

.

ENSURE: To leave all Monetary Figures and Dates.

.

DO NOT USE A BIRO, PEN, SEE THRU TAPE OR LABELS TO EDIT THE INFORMATION

.

1. SCAN YOUR DOCUMENT

.

- Set your default scan page size to A4 less than 300 DPI (150 will do)

- Scan the required letters/agreements/sheets - as a picture (jpg) file

.

- Don't forget you can use a mobile phone or a digital camera too!!

.

- If you have multiple scans/pictures please put these into a WORD DOC first ensuring you have removed all Personal Information before converting to PDF.

if you dont have MSOFFICE, use openoffice its free and has a PDF converter.

- IPHONE ONLY: Take a picture and Convert to PDF via an APP

.

2. HOW TO EDIT (Remove Personal Information)

.

- Do this using MSPAINT.EXE or any Photo Editing program and ensure to save the document.

PLEASE TRY AND REFRAIN FROM POSTING FILES OF +1Mb in size

a single sheet of a4 should be about 50kb.

.

.

3. HOW TO CONVERT YOUR DOCUMENT TO PDF

.

- If you have OFFICE installed this has an installable PRINT to PDF option so use this and save as PDF.

- If you have PDF as an installed driver use this program and save as PDF.

.

OR Go to one of the many free online pdf converter websites:

.

- http://freejpgtopdf.com/

- http://www.convert-jpg-to-pdf.net/

- http://www.freepdfconvert.com/

- http://www.pdfmerge.com/

- http://www.primopdf.com/

.

PLEASE REMEMBER: It would be better to upload a Multi-page PDF rather than multiple Single PDFs.

.

4. BEFORE UPLOADING YOUR DOCUMENT ON CAG

.

- Logically Name your PDF File so Users know what it is. DO NOT NAME YOUR FILE USING BANK NAMES OR CAG IN THE TITLE

.

- For Example: Default Notice DDicon-MM-YYYY.

.

IMPORTANT To protect your IDENTITY and ensure you remain ANONYMOUS on CAG please ensure that you do a final check that all Personal Information including Barcodes, Names, Addresses etc. are REMOVED before carrying out the NEXT STEP

.

5. HOW TO UPLOAD YOUR DOCUMENT ON CAG

.

- In your Thread/Post open a new msg box here.

- Click 'Go Advanced' below the msg box.

- Click 'Manage Attachments' below that box.

- Click the 'Add Files' button on the top right.

- Click 'Select Files', navigate to your file(s) on your PC.

- Click 'Upload Files'.

.

- You DON’T have to put a link to the attachment in the msg box just upload it ……… JOB DONE

- You can click on your links to check them too!!

.

[TH1966]

Thanks for having a look at it. DX.

 

 

Do you think its worth writing in to reiterate the fact I am making a payment or maybe offer an increased payment to try and avoid the possibility of court action?

[dx100uk]

lets see that other letter please

if you've more

put them all in a word doc first and pdf that.

 

 

need the full picture please

 

 

dx

[TH1966]

OK I have had a go using the instructions.

 

 

I've attached their acceptance of my offer from last year and the default notice they issued at the same time. Plus the recent offer of a settlement.

 

 

Apart from this I received statements and a notice of sum in arrears every 2 months which detailed the amounts I had missed and the amounts I had paid.

[dx100uk]

I've hit the side of my screen and knocked them upright now

and removed your name

 

 

 

dx

[dx100uk]

string 'em along.

 

 

write back clarifying what the CRA file will be marked as if you do consider the F&F.

 

 

back date your letter a few days too.

 

 

not happy with this

something smells I need to research things

 

 

dx

[TH1966]

OK thanks for your help with this DX.