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irresponsible lending?

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Hi ,

 

Having just cleared up an old email account i came across two emails , one from FLM QUICK and one from WONGA, both stating that two debts had been written off. what as my little hamster brain running is, the WONGA loan, written off due to irresponsible lending. They said i should never have been accepted for a loan. now i had this loan in 2011 when i was unemployed and in 2012 i also ran up a couple of catalogue debts which i am currently being pursued for , what i am wondering is , if it was irresponsible for WONGA to give me a loan would it also have been irresponsible of the catalogue companies to have given me credit?

 

FLM QUICK accepted me as a guarantor for a friend who paid them back over £1000 on a £500 loan that was never actually decreasing in amount owed! but it seems they ceased trading and the debt was written off.

 

i should never have accrued the debts i know but you learn by your mistakes. well we try.

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Hi NCJ

 

Id say no in this case, because the Catalogue accounts are slightly different in the way that they work. They could have given you a small Credit limit of say £100 based upon your circumstances.

They also DO check all the CRA companies so they make a decision based upon what they see. The APR isn't higher than Wonga either so these are not classed as HCSTC (High Cost, Short Term Credit)

 

All i would say for now is that if youve learned your lesson, then that is a good thing but Im afraid from my stance the answer would be no.


 

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Hi NCJ

 

Id say no in this case, because the Catalogue accounts are slightly different in the way that they work. They could have given you a small Credit limit of say £100 based upon your circumstances.

They also DO check all the CRA companies so they make a decision based upon what they see. The APR isn't higher than Wonga either so these are not classed as HCSTC (High Cost, Short Term Credit)

 

All i would say for now is that if youve learned your lesson, then that is a good thing but Im afraid from my stance the answer would be no.

 

ah ok . just wondered as i had a debt with wonga of £600+ which i thought would have been on my credit file. i opened i think 3 or 4 different catalogue credit accounts with isme woolworths littlewoods and o think very within a two week period.. which was about 1 month after i defaulted on the wonga loan. the credit limits were £500 ,£500 and £300 and 1 of £150 if i remember correctly.

 

not massive amounts i know but as i am now back on the scrapheap and after reading a few emails of DCAs like fidelite and lowell trying to contact me over the last few years i am just stressing a little ha

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Check whats showing in your credit files via

 

http://Www.clearscore.com

http://Www.noddle.co.uk

 

Generally speaking you can ignore a dca, they are not bailliffs and can do you no harm, unless they issue a claimform via the court.

 

I am assuming all the dca's have your current address, this would avoid them attempting to obtain a backdoor, uncontested ccj.


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Check whats showing in your credit files via

 

 

 

Generally speaking you can ignore a dca, they are not bailliffs and can do you no harm, unless they issue a claimform via the court.

 

I am assuming all the dca's have your current address, this would avoid them attempting to obtain a backdoor, uncontested ccj.

 

i tried clearscore but they had no report on me.. so i tried a 2nd time with different time periods for how long i lived at my current address so i could add my previous address and it said i can't access for 72 hours! and with noddle i don't have a bank account so i cannot sign up.

 

i have never received any letters from a DCA so i assume they don't have my current address. the television licence is the only thing in my name.

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Ok, wasnt aware a bank account was a pre requisite for noddle but no big deal, a basic bank account for the purpose can be opened at any bank.

You need to know if any dca has already obtained ccj against you, not liking a quiet dca, being a pest is in their job description!!

 

On the other hand, are any of these alleged debts causing you an issue ?


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Ok, wasnt aware a bank account was a pre requisite for noddle but no big deal, a basic bank account for the purpose can be opened at any bank.

You need to know if any dca has already obtained ccj against you, not liking a quiet dca, being a pest is in their job description!!

 

On the other hand, are any of these alleged debts causing you an issue ?

 

apparently they need a debit card to confirm my identity (noddle) . the email i received from lowells and fidelite were offering settlement amounts but no mention of ccjs. they aren't causing me any real issues.. yet! like you say a quiet DCA is like a quiet child... upto no good! i don't have any identification so i doubt i can open even a basic account, can i?

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apparently they need a debit card to confirm my identity (noddle) . the email i received from lowells and fidelite were offering settlement amounts but no mention of ccjs. they aren't causing me any real issues.. yet! like you say a quiet DCA is like a quiet child... upto no good! i don't have any identification so i doubt i can open even a basic account, can i?

Just an example too

 

http://www.barclays.co.uk/validid

http://www.tsb.co.uk/current-accounts/faqs/identity/

 

Notice Benefit Entitlement Letter :)


 

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oh thanks ! i shall look into opening one then :) appreciated.

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When was the last time you paid anything toward any of these debts and have you acknowledged any of them in writing?

If its as far back as 2012, they will fall off naturally in around 2 yrs or so.


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oh thanks ! i shall look into opening one then :) appreciated.

 

Anytime... Once opened, I would suggest putting just a fiver in there... Then when youve done that, sign up to Noddle & Clerscore. They wont take payment but they will allow you to pass the Payment / ID Validation screen :)

They update every 30 days :)

 

Trust me a lot has opened up in the last few years :)

Please also answer MArtin's question on the debts :)


 

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When was the last time you paid anything toward any of these debts and have you acknowledged any of them in writing?

If its as far back as 2012, they will fall off naturally in around 2 yrs or so.

 

2012 and no i have never acknowledged them . i think the debts are from around june or july 2012 .. so it would be june/july 2018 that they would no longer be "owed"?

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Well they will fall off your credit file and become SB should it reach 6 yrs without payment or written acknowledgement.

Most OC's and DCA's however work on 6 yrs from default, hence the importance of obtaining your credit file so we know whats what with each account.


PLEASE HELP US TO KEEP THIS SITE RUNNING

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I am not legally trained or qualified, any advice i offer is gleaned from experience and general knowledge, if you are still unsure after receiving advice please seek legal advice.

 

 

 

GEMHL Settled

Barclaycard Settled

A & L SETTLED IN FULL :lol:

Spml Reluctantly withdrawn

Blackhorse pre 31-7-06 Demand removal sent 23 8 06. ICO ordered removal jan 2007....REMOVED:lol:

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Anytime... Once opened, I would suggest putting just a fiver in there... Then when youve done that, sign up to Noddle & Clerscore. They wont take payment but they will allow you to pass the Payment / ID Validation screen :)

They update every 30 days :)

 

Trust me a lot has opened up in the last few years :)

Please also answer MArtin's question on the debts :)

 

would signing up to check my credit file alert the DCA to my new address though? it would be good to know what is on file though ! not good how they used to be able to keep a file on us that we didnt have access too!

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would signing up to check my credit file alert the DCA to my new address though? it would be good to know what is on file though ! not good how they used to be able to keep a file on us that we didnt have access too!

 

No... Not at all... When you check your searches, your updated reports will appear as an administrative review only visible to you and the CRA.

Dont worry :)


 

We could do with some help from you.

 

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

 

**Fko-Filee**

Receptaculum Ignis

 

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Well they will fall off your credit file and become SB should it reach 6 yrs without payment or written acknowledgement.

Most OC's and DCA's however work on 6 yrs from default, hence the importance of obtaining your credit file so we know whats what with each account.

 

i get you..catalogue might let the non payment fees rack up and interest before they decide to put the account into default. i shall access my credit dile as soon as possible and report back with my findings. thanks so much for the advice and help.

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No... Not at all... When you check your searches, your updated reports will appear as an administrative review only visible to you and the CRA.

Dont worry :)

 

that is good to know! i had been worried about checking my file for that reason plus with the wonga and flm debts . i had been worrying for the past few years about the wonga and flm debts..expecting a knock at the door.. only to find today that they had been written off 18 months ago!

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You really need to CCA everything

As if the owners of these debts don't know your real address

Then back door CCJ s will be afoot

 

The days of the hiding mentality are long gone

 

750'000 claim form s were issued last year....

 

Dx


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

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, DCA;s would collapse overnight.

 

 

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