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Lowell PAP letter now claimform - Vanquis card debt

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I've received the following letter from Lowell solicitors regarding a default from 2012 for about £1700.

 

I've previously tried to negotiate a settlement figure but got very little response. Although I have found a letter they sent last year offering a 60% reduction in the debt.

 

Any suggestions on my next course of action?

 

 

PAP LOC.pdf

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Also understand that any huge reduction offer by Lowell means the debt is unenforceable. Don't go offering or accepting any settlement without checking they can actually legally enforce the debt.


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..

 

 

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Thread title amended

 

get an sar running to vanquis too

findout why the are offering such a large discount.

probably lots of £12 penalty fees and ROP?

both of which can be reclaimed.

 

moved to the provi forum.

 

dx

Edited by dx100uk

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Thanks. I have previously SAR'd Vanquis. I'll dig it out and post here

 

Here's the SAR response

jpg2pdf.pdf

Edited by dx100uk
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statements?


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

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Yep got the statements too.

 

There is about £250 of charges that Vanquis added after the last payment by me, before the account defaulted.

There is also quite a few late payment fees in the months running up to this when I was behind. Should I add these up too?

 

The final figure from 2014 is exactly what Lowell are chasing, so it doesn't look like they have added anything.

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add up ALL of them. Remember, lowell just have a number on a spreadsheet. They have no idea of the account itself. Nor do they care.


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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no ROP [PPI]??

DCA cant add anything no..

 

use the CISHEET at their [vanquis ] int rate in box d15.

 

https://www.consumeractiongroup.co.uk/forum/showthread.php?330996-Latest-Spreadsheets-PPI-Claims-and-Charges-Claims-Dec-2011

 

will help you fill in our reply form of that attachment in post 4 of the thread andy points too above


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WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

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I've just skimmed through adding up all the late charges and interest.

this comes to about £950 of the £1700 total.

Which is about 60% of the debt & the same as the offer Lowell made last year (removing 60% of the 1700 total).

 

I've added a very rough calculation in the CI sheet.

 

last interest added was July 2014, 1654 days ago.

(I've just added the whole lot on one day for now.)

 

Is this correct?

 

What is the ci sheet actually telling me?

Capture.PNG

Edited by dx100uk
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How much you have been unlawfully change d in penalty fees and the int they caused.


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WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

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just under £1000 of the 1700 total is 'over limit charges' or 'Billed finance charges default interest',

 

This is 60% of the debt, and the same as the amount they reduced to debt by last year if I paid.

 

The CI sheet looks like it is PPI related. I did not have PPI so should I ignore this?

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No its a muli purpose

Fill it out put each fee in on its own

Dont ever ring the fleecers again!

 

What date is the pap letter?

Go read other pap letter threads

Use the search cag box of the top red toolbar


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

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please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

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I need to reply to the PAP this week as it will be 30 days on Friday.

 

This is the calculation from the Ci sheet with each fee added with correct dates.

 

 

I've just released I should probably only be adding the £12 late fee charges on the Ci sheet and not all the interest charges etc.

 

So here is with only charges.

 

The total is pretty much the same as the debt they are chasing.

 

Ok, I think that was still wrong because the claim to date was auto filled.

 

I've changed it to the date of the last charge.

 

Does this look correct?

Capture.GIF

Capture2.GIF

CI Sheet Final.GIF

Edited by dx100uk
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you are entitled to that sum +8% from the day after their last int charging till the day they settle

so put that total from the CISHEET

in a copy of the statint sheet the day after the claim to date.

 

should be about £500-£600 extra.


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

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WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

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Ok got it. 8% on top of what comes out of the CISHEET.

 

But sorry, I'm still not sure if I'm filling in the CI Sheet correctly.

 

I know I should be writing a line for each £12 Overlimit charge but what about the following.

 

Billed Finance charges purchase interest

Billed Finance charges cash interest

Billed Finance charges default fee interest

 

(these look like standard interest charges)

 

If my last post is correct the total is £385 (all £12 charges at 39% interest) + stat interest of £140 (8%)

= £525.

 

This is half what they offered to remove from the debt last year?

Edited by dx100uk
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any fixed sum penalty fee only.

 

default fee? that's unlawful too.

 

if you can see its a fixed sum...by that, you understand already that's £12 etc etc the it goes on the cisheet on its date

then that sum you can get 8% stat int on from the day after they stop charging their int, to the day they settle.

 

how are gauging the date they stopped card int?


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

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WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

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Hmm ok that sounds like what I've already done... Any flat charge or penalty is on the ci sheet.

 

For the cisheet interest end date, I just used the date on the last entry of the statement. Bit thinking about it they were probably charging interest until it was sold to Lowell? How can I find out?

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have you not already got all the statements?

each one will show interest.

 

I would be naming the charges correctly on your CI sheet too

if it late payment state that

if its over limit state that.


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

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please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

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Ok will put the correct description on ci.

 

Yep have all the statements.

All the interest and charges added up come to £1000, this is standard interest too. Not just on the late fees.

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Cisheet claim to date is last int charged date


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

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I replied to Lowell and offered to repay the same amount as they offered me last year (this is roughly the same as the charges on the SAR + interest etc).

 

Their reply is..

 

Quote
Dear xxxx

 

Our Client: Lowell Portfolio I Ltd

 

Reference: xxxx

 

Balance: £1'xxx

 

Thank you for your email.

 

We have been instructed to recover the full outstanding balance and are unable to offer a discount or accept your settlement offer.

The settlement letter you have attached was sent to you by Lowell Financial Ltd and is no longer valid.

 

You should now contact us to set up an arrangement to repay the outstanding balance. When responding please confirm your offer of payment, the date each month you will make the payment and which method you will use from list below.

 

· Direct Debit: This can be set up online at https://lowellsolicitors.co.uk/payments/.

Alternatively, you can telephone 0113 335 3334 or email us at help@Lowellsolicitors.co.uk with your account number, sort code, the account holder’s name and the date you wish payments to be debited.

 

· Debit card: One off card payments can be made online at https://lowellsolicitors.co.uk/payments/. Alternatively, you can telephone 0113 335 3334. Please do not send these details by post or email.

 

· Standing Order or Bank Transfer: Our client’s bank details are as follows: sort code 60-00-01, account number 39543749. Please quote your reference number as the payment reference.

 

· Pay in any NatWest bank: using their paying in slips and the bank details as seen above.

 

· Cheque or Postal Order: Made payable to Lowell Financial, Address: PO Box 1419, Northampton, NN2 1BU

 

Please ensure you contact us to reach a resolution to avoid a Claim form being issued to you with further costs incurred.

 

You can now manage your account, make a payment and set up an arrangement by registering with our website: www.lowellsolicitors.co.uk

 

This was the offer letter I previously received

 

lowell 60% discount letter.pdf

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write not ever email.

give them a free way to harass you.

 

pers id ignore them now till/if they issue claimform.


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

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just one point

you haven't added int into the CIsheet items have you

in otherwords

the only things that are listed are fixed sum fees


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

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yes, only fixed sum fees on CI sheet, then interest calculated from that.

 

I thought what they sent me was a claim form?

 

 

 

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