Been paying Wetcloths for 15yrs on LLoyds debts from 2005

[cjhooker]

Hi

 

I have asked Lloyds for bank statements dating back 4 years,

the account has recently been closed and past on to a debt recovery company,

 

I am disputing the amount I owe and need the statements to work out the charges etc.

LLoyds have said that all records are deleted when they close an account ,

is this true?

can I get statements?

 

Thanks for any help

[nathal]

not true.

send your dpa sar request with £10 , they have 40 days

[cjhooker]

I will send off the letter, thanks. How far back can I go in terms overpayed bank charges?

[nathal]

with dpa it gets you 6 years statements, for scotland its 5 years

 

if you had your statements from before the 5/6 year period, u could try claiming further

[cjhooker]

Can I send the Preliminary letter before I have worked out the total of bank charges?

I am only just sending the letter asking for statements for the last 6 years, so it will take a few weeks atleast until I know the full total amount. I want to get the ball rolling.

 

I can only go back 6 years from the moment the bank are aware that I want the charges back so the sooner I send the Preliminary letter the better, is this right?

[Rooster-UK]

Hi CJHooker.

 

The answer is no.

 

How can you ask them to repay you an unspecified sum?

You need to enclose your schedule of charges that you are reclaiming. You can't do that if you don't know yourself!

 

Your question indicates that you have not read the FAQs so you are obviously trying to do this blind-folded.

 

You are planning to sue, in a court of law, a major financial institution with unlimited finances and an office full of corporate lawyers.

If you are not properly prepared, they'll eat you for breakfast and use your bones to pick thier teeth afterwards.

 

This is a self-help forum so you MUST be prepared to help yourself.

Its your claim.....Your money.....Your homework.

 

Please spend a couple of days, at least, reading the FAQs and the step by-step guide in the library section.

 

If you follow, faithfully, the methods outlined on this site, then you will win. But if you try to go your own way or ad-lib, then you'll only have yourself to blame if it doesn't quiite go the way you expect.

 

Rooster.

[cjhooker]

Hi

I will try and be as concise and short as possible.

 

I have a debt with Lloyds of £12k

I initially took out a loan for £3k,

I got into trouble

had to get a consolidation loan for £7k

 

I again got into financial difficulty and ran up an overdraft of £3k.

 

All of this has been with Lloyds.

I got into trouble with the loan because I was out of work or had little work

when I tried to claim on my loan insurance was told I could not claim because I was an agency worker,

 

I complained to the ombudsman who said I had been missold the insurance policy,

but he didn’t think it would have made a difference as to whether I could have afforded the repayments,

 

after his decision Lloyds offered to pay back the insurance policy and any interest (yet refused to do this when I first got into trouble)I

declined the offer because I feel I Can prove it would have made a difference.

 

The insurance was £30 a month,

I was being charged for unauthorized overdraft and for late payments,

I would not have got into so much debt if I hadn’t had these costs,

in fact I could have probably kept up repayments.

 

ntil a few months ago I was paying a reduced monthly amount of £100 then with out notice

(the bank had an old address even though I had rang to change it)

my debt was passed on to the debt collectors.

 

I have sent the letter asking for my statements for the last 6 years along with £10.

 

I am worried the debt collectors will start court proceedings against me before I can get my dispute up and running.

 

How can I hold them off?

If the ombudsman agreed I was missold the policy and

I can prove it would have made a difference financially what money should I try and get back?

 

Thanks for your help and thanks for a great site.

Ps. I am currently brushing up on my rights and what to do next, through your FAQ’s

[thewifeandI]

Hi - take a bit of time to read up first to make sure that you have the facts before going too far ahead. Read the FAQs and template letters then have a good read around here to see how others are getting on.

 

Keep any progress on your own claim or questions that arise in a new thread in the forum for your bank to make it easier for others to follow and advise you. There's a set of links in my sig below that will help you find where all this useful information is. Well done for getting started!

 

Inform them that the account is in dispute and reason to stop further action.

[SHERLOCK]

Hi,

 

Have been only on CAG a short while but you can get lots of help.

 

First of all send a CCA letter to the debt collection agency, I believe they cannot chase the debt whilst the account is in dispute, but someone will have to clarify this.

 

You can get the letter template from the forum main page, there is hope and help, just ask!!

[Guest 10110001]

Debt collectors dont take you to court.

 

They just negotiate the debt and get you to pay it using peaceful means only. They might threaten 'legal action' and all that, but they are not regulated to do any professional litigation.

 

If you dispute a debt with a debt collector then they have to return the account to their client.

 

For large debts (£6-£7000 upwards) the debt collector will try and act as a mediator for resolving the dispute between you and their client.

 

With unsecured debts, the burden of proof is with the client that you actually owe anything.

[cjhooker]

Hi

I am currently claiming for bank charges and a miss selling of loan protection, I took out a loan in 2001 for £3000 I paid it off with a consolidation loan in 2003, I think I paid £4600 back. If I had loan protection on the £3000 loan should this have been credited back If I paid the loan off early? I can't work out why I paid £4600.

[GuidoT]

My view is that you should stick to the terroritory we are fairly certain we will be successful with, i.e. bank penalty charges and the related interest and put the loan miselling to one side for another action.

 

I do not know enough about your mis-selling position, or mis-selling at all.

[cjhooker]

I will treat the misselling of the loan insurance as a seperate issue, but I need to know if you pay off a loan early do you pay all the loan insurance aswell or only up until the time you payed it off.

[GuidoT]

Sorry I now see your question, I thought you were on about the mis-selling of the entire PPI.

 

This is not really my bag, but the terms and conditions (the small print) should cover this eventuality. If there is no express term to cater for early repayment in the conditions or you do not have them, I would write to them initially to ask for a refund and or the conditions.

[Guest NATTIE]

You get a rebate on the loan insurance with the settlement figure

[cjhooker]

thanks for that, I paid off the loan with a consolidation loan, both with lloyds but I think I didnt get the rebate.

[cjhooker]

Hi I'm hoping someone can help,

 

I defaulted on a loan and overdraft six years ago with lloyds

 

both of these have now been wiped from my credit history with equifax and experience etc.

 

I pay £40 a month to a collection agency(all I can afford).

 

Since the default I have never had any correspondence with lloyds, only Allied (the collection agency).

 

Out of the blue I get a letter from lloyds saying they have changed collection agency's

and I need to ring them to set up a new payment plan.

 

Will this effect my credit files again?

 

Why do you think lloyds have done this?

 

And could lloyds suddenly ask for all the money back?

Thanks for any help!

[cjhooker]

Should have read experian, not experience!

[dx100uk]

as long as you are SURE the letter DOEs come from LLoyds

 

we have known DCA's to 'copy' letterhead

proporting to be from the OC!!

 

did this 'debt' include any PENALTY fees?

 

dx

[cjhooker]

Thanks for your reply, the letter looks genuine, it just says they are using a different collection agency...

[cjhooker]

The debt didn't have penalty fees, I don't think. I still owe about £7000 though.

[dx100uk]

fees?

 

dx

[dx100uk]

really you sure?

 

that would be a first

 

have you got all the statements?

 

also

 

are you saying thr two debts were rolled together by whom?

 

dx

[cjhooker]

I think the two debts are separate but I pay £40 to Allied, I have only had contact with Allied since the default, do you think it's weird that lloyds are getting involved again is it just coincidence that its at the same time it's wiped from my credit history?

[cjhooker]

Hi all I have set up a new payment plan with the new collection agency.

Does anyone know what would happen if I stopped paying lloyds, could they still chase me for money if the original default is more than six years ago?

 

Cheers for any help

 

Is there any chances that after six years my debt has been stature barred ?