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Store Card Debts

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Please can you tell me the best way to deal with Store Card Debts?

 

I have two which I have defaulted on.

John Lewis and M&S.

 

 

These cards were both originally taken out pre 1997.

I cant find any of my paperwork pre this date.

 

I have been paying a minimum amount each month of a £1 for the last 5 years and they are both pressing me at the moment to send them an Income and Expenditure form which personally I feel is none of their business.

 

What should I do?

 

I presume if I stop paying them anything they will send straight to their solicitors?

 

Amounts outstanding are around £5K on each

 

I do not have an income at the moment

 

Thank you

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First thing to do? CCA them. keep paying as you are. If they cant provide a compliant response, then you stop paying. However, they are perfectly entitled to mark your credit file, so be aware.

 

AS for repayments, you could tell them that your financial circumstances have not changed, £1 is the most you can pay, and possibly give them a very very simple budget summary.

 

If they fail to provide the CCA in 12+ 2 days, then you stop paying and they cannot chase you through solicitors or court until they provide one. They can still contact you and ask you to repay though.

 

So CCA them first, and IF they respond properly, provide a copy of a benefits letter or similar and tell them £1 is all theyre going to get.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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Thanks Renegadeimp, if I enclose a copy of my tax Credit form to them they will see my partners imcome which is just pension, so is this the best thing to send them?

Is there a legal obligation to send them my income and expenditure?

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Why do you want to send them any information? Don't send them any information until you have received the CCA. Then come back here.


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who have you been paying these £!'s too all these years?

 

 

and was there ever a period of 6yrs when you paid or heard nowt about each card?


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

 

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Why do you want to send them any information? Don't send them any information until you have received the CCA. Then come back here.

 

This. as i said at the start. CCA first. Do not do ANYTHING else until you either get a reply or the 12+2 expires. Whichever comes first.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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who have you been paying these £!'s too all these years?

 

 

and was there ever a period of 6yrs when you paid or heard nowt about each card?

 

John Lewis and M&S, and no I have kept paying this for the last 6+ years! Stupid I know that now

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This. as i said at the start. CCA first. Do not do ANYTHING else until you either get a reply or the 12+2 expires. Whichever comes first.

 

Ok, will do this with CCA

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ok so they are still with the original creditors.

not owned by DCA's

 

 

surprised they've never been sold on actually


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

 

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Just discovered that Arrow have marked my credit file in 2016 when I stopped paying my £1 contribution that I had been making since 2010

Can I do anything to remove this?

 

Arrow notified me of a transfer of this debt in March 2016 to Restons

 

Ive never done a SAR on it, is it all too late now?

 

Thank you

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they can mark it bit not default you

did the OC not already do this upon sale?


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

 

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Yes sorry, its Arrow that have registered it on my CF, not Ratoons

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didn't say either

who was the OC

a dca cant register defaults neither can a sols.

dx


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

 

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It was a Debenhams Store Card - that at some point became Santander owned, but my Credit File definitely says Arrow have registered the default on it

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no - I would suspect that you were paying satans bank and they sold it on with the £! arrangement in place

 

when that happens the debt buyers name replaces that of the OC on your file.

 

so whats the defaulted date

and did you get NOA's sent for the sale?


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

 

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Im afraid I didn't get a Default Letter that I can recall, but the default would have been in 2010, I cant find a Notice of Sale to Arrow

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what do you mean the default would have been 2010?

 

if so the debt should not even be showing now.

 

whats the date of the default ?

you said arrows have marked you file?

what the calendar section?

or a new defaulted date?

 

WHAT has troubled you?


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

 

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I thought you meant when was the original default when it started.

It was 2010 when I couldn't maintain my monthly payments,

but this was when I set up the £1 a month contribution.

These stopped in January 2016.

 

Ive not had anyone register this on my Credit File before so when I discovered it I was shocked to see it down as Arrow

who have registered it because they are the DCA I thought

 

It does say that there have been no updates from Arrow since they registered it over a year and a half ago

 

Does it just stay there for another four and a half years?

Can they take this to Court?

Do I just forget about it?

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send satans bank an sar get all the account details

prove its not already been defaulted

 

 

have you moved since you took this out?

if so are/were the OC aware of your correct address?


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

 

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Sorry, only just seen this question

No, not moved

I have read though that logging a debt on a customers credit reports is unlawful. Is this right?

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Please can you tell me the difference between Arrow Global and Moorcroft?

 

I thought they were both DCA's

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No not sure what site you're reading


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

 

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Was just searching on the internet and saw it. I take it that's its not true then :(

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AFAIK, Arrow Global buy debts, and Moorcr@p don't, they are the tame gophers.

 

Why what's the story?


Who ever heard of someone getting a job at the Jobcentre? The unemployed are sent there as penance for their sins, not to help them find work!

 

 

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yep what the story please

 

 

dx


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

 

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