Jump to content

 

BankFodder BankFodder


sameagle

Six year expiry question.Natwest debt

style="text-align:center;"> Please note that this topic has not had any new posts for the last 1467 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

A friend of mine has a credit card debt, presently standing at £250.

 

There is a CCA, which is pre 2007, and is being paid ar £1 per month, to the bank, and has been for four years.

 

I don't know when the account was defaulted, but I would guess just before the £1 payments commenced.

 

Does an account that is acknowledged, such as this one, and is being paid, still expire at the sixth anniversary of the default?

 

Sam


All of these are on behalf of a friend.. Cabot - [There's no CCA!]

CapQuest - [There's no CCA!]

Barclays - Zinc, [There's no CCA!]

Robinson Way - Written off!

NatWest - Written off!

Share this post


Link to post
Share on other sites
A friend of mine has a credit card debt, presently standing at £250.

 

There is a CCA, which is pre 2007, and is being paid ar £1 per month, to the bank, and has been for four years.

 

I don't know when the account was defaulted, but I would guess just before the £1 payments commenced.

 

Does an account that is acknowledged, such as this one, and is being paid, still expire at the sixth anniversary of the default?

 

Sam

 

Not if it has been being paid.

Making the payment, even at £1/month is an acknowledgement of the debt, for each and every payment.

 

Rationale : why would you pay if it wasn't your debt?.

 

However, it should not show on your credit report after 6 years.

 

It won't show on the credit report but isn't statute barred (from them seeking a CCJ) if payments have been made recently.

If a CCJ is obtained and not satisfied : that will then show on the credit report anew.

Share this post


Link to post
Share on other sites

OK, thanks very much.

 

My friend will be 92 by the time she makes the last payment!

 

Sam


All of these are on behalf of a friend.. Cabot - [There's no CCA!]

CapQuest - [There's no CCA!]

Barclays - Zinc, [There's no CCA!]

Robinson Way - Written off!

NatWest - Written off!

Share this post


Link to post
Share on other sites

We might write and see if they would like to offer a settlement figure, they send a receipt every month, which must cost them a quid a thrunge!

 

Sam


All of these are on behalf of a friend.. Cabot - [There's no CCA!]

CapQuest - [There's no CCA!]

Barclays - Zinc, [There's no CCA!]

Robinson Way - Written off!

NatWest - Written off!

Share this post


Link to post
Share on other sites

Are there any charges or ppi that can be reclaimed?


 

What's Best for You?

 

 

The Consumer Action Group is a free help site.

Should you be offered help that requires payment please report it to site team.

 

Alliance & Leicester Moneyclaim issued 20/1/07 £225.50 full settlement received 29 January 2007

Smile £1,075.50 + interest Email request for payment 24/5/06 received £1,000.50 14/7/06 + £20 30/7/06

Yorkshire Bank Moneyclaim issued 21/6/06 £4,489.39 full settlement received 26 January 2007

:p

 

Advice & opinions given by Caro are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

Share this post


Link to post
Share on other sites

name names please

who is she paying this too

who was the OC

 

 

dx


please don't hit Quote...just type we know what we said earlier..

 

Share this post


Link to post
Share on other sites
Are there any charges or ppi that can be reclaimed?

 

There were a couple of twelve pound late payment charges, I think, but they were removed.


All of these are on behalf of a friend.. Cabot - [There's no CCA!]

CapQuest - [There's no CCA!]

Barclays - Zinc, [There's no CCA!]

Robinson Way - Written off!

NatWest - Written off!

Share this post


Link to post
Share on other sites
name names please

who is she paying this too

who was the

 

dx

 

Natwest, and it is being paid to them.


All of these are on behalf of a friend.. Cabot - [There's no CCA!]

CapQuest - [There's no CCA!]

Barclays - Zinc, [There's no CCA!]

Robinson Way - Written off!

NatWest - Written off!

Share this post


Link to post
Share on other sites

why not ask them to write it off?

 

 

there are some good letters in the library dca section I think

 

 

dx


please don't hit Quote...just type we know what we said earlier..

 

Share this post


Link to post
Share on other sites

We'll try it, thanks.

 

Sam


All of these are on behalf of a friend.. Cabot - [There's no CCA!]

CapQuest - [There's no CCA!]

Barclays - Zinc, [There's no CCA!]

Robinson Way - Written off!

NatWest - Written off!

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...