Payday Loans Default Removal

[johnukccj]

After doing some reading i realise that it is futile to get defaults removed from my credit file.

 

I am looking to get a mortgage next year, my credit file would have been clear by next year.

 

I logged into my credit file yesterday to find two PDL defaults had appeared on my file.

 

[ATTACH=CONFIG]59244[/ATTACH]

 

This is obviously a pretty bad thing so i need to do all i can to remove them if at all possible.

 

I am looking for a Full and Final Letter template to send them and couldn't see one in the document section.

 

Can anyone help me draft one?

 

CASHEURONETUK,LLC

and

PRA GROUP (UK) LIMITED

 

Note one of the default is zero balance for some reason :S

 

Any help would be appreciated lots.

[obiter dictum]

If one of the defaults has a zero balance then that balance has been sold to a debt collecting agency.

 

Another poster on this forum had their accounts wiped and defaults removed under new legislation. I believe the payday loan companies were at fault for rolling over the loans and not doing affordability checks

 

You just need to hunt through the payday loan forum over the last few weeks to locate the thread

[dx100uk]

can you pop that scan up as a PDF please follow the upload

 

 

PRA group Is a DCA so who was the original creditor?

 

 

dx

[johnukccj]

One is Quick Quid, just found this email notice.

 

Date: 2014-04-13

 

Dear xxxxx,

 

As we have advised you previously in the Notice of Default, you have failed to make payments required under your Loan Agreement with QuickQuid or to contact us to take corrective action.

 

Loan #: xxxxxx

Funding Date: 06 December 2013

Loan Amount: £300.00

Due Date: 20 December 2013

Finance Charges: £75.00

Late Fees: £12.00

Discounts & Credits: £0.00

 

Total Payments Received: £0.00

 

Amount Outstanding: £387.00

 

 

As a result, we have SOLD your debt to a third-party collection agency. This agency owns ALL legal rights to the amount owed. All inquiries regarding this debt should be directed to the agency listed below.

 

If you would like to make a payment, please contact the debt collection agency:

 

Portfolio Recovery Associates (0) 1563 556 540

 

Interesting, there is an additional loan in here:

 

Another email:

 

Notice of Overdue Payment

 

Dear xxxxxx,

Customer ID#: xxxxxx

 

Total Amount Due: £561.00

 

You currently have one or more payday loans from QuickQuid which are overdue.

 

Below is the list of loans which are past due:

 

ID: xxx4259

FUNDING DATE: 06/12/2013 AMOUNT DUE: £387.00 DUE DATE: 20/12/2013

 

ID: xxx3802

FUNDING DATE: 22/11/2013 AMOUNT DUE: £87.00 DUE DATE: 06/12/2013

 

ID: xxx1409

FUNDING DATE: 11/11/2013 AMOUNT DUE: £87.00 DUE DATE: 22/11/2013

 

------------------------------

Another Email:

-------------------------------

Original Loan:

 

Loan ID: xxx1409

Loan Amount: £300.00

Term: 39 days, commencing on 11 Nov, 2013

Total Amount Owed: £525.00

 

You must make 3 payments as follows:

 

£75.00 due on 22 Nov, 2013

 

£75.00 due on 06 Dec, 2013

 

£375.00 due on 20 Dec, 2013

 

So it seems 2 defaults on my credit file are from Quick Quid.

 

The PRA Group Default looks like it is for all 3 loans (£561)

 

But the CASHEURONET default looks like its for one of the loans (£87) included in the above one.

 

Pretty confused on how to approach now :S

 

Should i just SAR QuickQuid? Or PRA Group?

[dx100uk]

no point in an sar to a DCA/debt buyer.

 

 

dx

[johnukccj]

So just SAR QuickQuid?

[dx100uk]

yes you need to gather info.

 

 

dx