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    • 1. BREAKDOWN OF LOAN Amount of Loan : £20,000.00 Loan Terms : 10 Years Monthly Repayments : £230.00 A.P.R (interest %) : 6.35% (FIXED) Note: - We want to confirm you that your loan amount is completely approved by our company for the amount of £20,000.00.So,for you to get this loan sorted you have to go through a credibility check and you are requested to pay your first month installment in advance which is for the month of March. Your second monthly installment will be due in month of April by direct debit. Once you can make the payment of £230.00, you will receive the loan amount of £20,000.00 in your bank account within 45 minutes. 2. RESPONSIBILITY Although this agreement may be signed below by more than one person, Borrower understands that we are each as individual responsible for paying back the full amount. 3. REPAYMENT The Borrower will pay every month through direct debit. There would direct debit mandate which we will ask the customer to sign. Borrower will repay the amount of this loan in equal uninterrupted monthly installments. 4. PREPAYMENT Borrower has the right to prepay the whole outstanding amount at any time. If borrower does, or if this loan is refinanced – that is, replaced by a new note – Lender will refund the unearned finance charge. 5. LATE CHARGE Any installment not paid within 7 days of its due date shall be subject to a late charge of 0.9% of the  6. DEFAULT If for any reason Borrower fails to make any payment on time, Borrower shall be in default. The Lender can then demand immediate payment on the entire remaining unpaid balance of this loan, without giving anyone further notices. If borrower has not paid the full amount of the loan when the final payment is due, the Lender will charge in interest on the unpaid balance at 4.5% per year. 7. RIGHT OF OFFSET If this loan becomes past due, the Lender will have the right to pay this loan from any deposit or security Borrower have with this lender without notice to me. If the Lender gives me an extension of time to pay this loan, Borrower still must repay the entire loan. *Note: The Annual per Rate (A.P.R) mention above will remain unchanged entire the loans terms. “Terms and Conditions” CENTRAL LOAN aim to ensure all information as maintain is: ◦current ◦fit for the purpose intended ◦complete ◦accurate CENTRAL LOAN provide two services to the customer: •We can transfer the loan amount in customer’s account •We can fix an appointment with the customer to deliver the loan amount at customer’s place in few cases (Fee may include). These terms are subject to the laws of England which shall exclusively govern the interpretation, application and effect of all the above permissions, exclusions, licenses and conditions of use and shall be construed in accordance with the laws of England and the parties submit to the exclusive jurisdiction of the English courts. DATA PROTECTION: We may as a result of your interaction with the Site hold and process personal information obtained about you when you access the Site and use it for servicing our relationship with you, for the purposes of fraud prevention and debt collection, to understand your financial needs, to conduct our business and to provide you with better customer services and products from both Best Loans and those of selected third parties, to evaluate the effectiveness of our marketing of the Site and for statistical analysis. We may pass this information to other members of the CENTRAL LOAN group or agents, as permitted by law so that they may do the same and they may pass information held by them about you to us so that we may do the same. We will not disclose any such information outside of the Best Tenant Loans group except for fraud prevention purposes and/or if required/obliged by law or Governmental or judicial bodies or agencies or to our regulators under proper authority, or under a strict code of secrecy to sub-contractors or persons acting as our agents or where we have your consent or have previously informed you. GOVERNING LAW: The Terms are governed by and interpreted in accordance with the laws of England and Wales and the courts of the above jurisdiction will have non-exclusive jurisdiction in respect of any dispute, which may arise.     LOAN INFORMATION: All loans are agreements regulated by the Consumer Credit Act 1974, which lays down certain requirements for your protection, which should be complied with when agreements are made. If they were not, the creditor (LOANS) cannot enforce the agreement against you without obtaining a court order. Written quotations are available on request. All lending is subject to appraisal of the applicant's financial status. To apply, you must be at least 18 and a UK resident (excluding the Channel Islands and the Isle of Man). APR details are correct at time of publication. Certain purposes of loan may be excluded or have limited repayment periods. The rate you are offered will depend on credit assessment procedures, your personal circumstances and other related factors. Terms of agreements will be clearly disclosed to you before you sign the agreement. You will agree to pay the Total Amount Payable on the agreement by the installments and at the times stated. If two or more of you sign the agreement as the Borrower, you are liable jointly and severally, that is together as well as separately. If the loan is secured by a Legal Charge over your property, normally your main residential address, you must sign and have witnessed the Legal Charge as a separate document accompanying the agreement. Products and offers are subject to conditions and can be withdrawn without notice. EARLIER PAYMENT OF YOUR LOAN: You have the right to repay your loan at any time during the repayment period by giving notice in writing. To do this, you will need to pay off the amount you owe under your agreement which may be reduced by a rebate (reduction) of part of the interest. RETURN, REFUND AND CANCELLATION POLICY: You have the right to cancel in writing up to 14 working days after the loan has been issued. Should you have already received the loan funds, you will be charged interest on a pro rata basis from the date of issue until funds are cleared in our bank account. You have the right to a refund or return of loan repayments accidentally or unintentionally made to us or collected by us. Refunds will be made as soon as practicable but normally within five working days of us being informed. You have to right to cancel your loan application if the loan amount is not credited or deliver in your bank account or home address then CENTRAL LOAN will refund the amount you paid within 24 working hours* (*Condition Apply) DELIVERY POLICY: Our loan agreement will only come into force when both you and we or our authorized representative have signed it or agree over the phone. When the loan is made we will open an account in your name(s) and debit it with the Total Amount Payable       The loan (Amount of Credit) will be delivered to you by transfer into your bank account, cash or by another mutually agreed method. Once your loan application has been approved “in principle” and subject to our usual underwriting criteria, your loan will be issued within two working hours of receipt of all the required fees. ANNUAL PERCENTAGE RATE: APR is a standard calculation used across the whole UK finance industry. It is a percentage calculation which lets you compare different forms of credit (i.e. loans, mortgages or credit cards) to help you decide on the best value. The APR takes into account interest as well as fees and charges. TYPICAL APR: A "typical" APR is the APR offered to two-thirds (7.8%) of borrowers. The actual APR you are charged is subject to status so you might not qualify for the typical APR The lender will assess your circumstances, such as your income, how much you can afford to repay, the relative security of your job, whether you're on the electoral roll and your credit history. CENTRAL LOAN typical APRs are as follows: Secured loans – typical 2.82% - 5.62% APR FIXED Unsecured loans – typical 5.60% - 17.60% APR FIXED Undertaking: I hereby certify that all the information given above is true to the best of my knowledge. If any of the above information is found to be incorrect at a later stage, I shall be liable to be disqualified/ refund for the personal loan. Regards BORROWERS SIGNATURE CENTRAL LOAN 1) _______________ 25-27 Surrey Street, Norwich, Norfolk NR13NX, United Kingdom Email: support@centralloan.co.uk Web: www.centralloan.co.uk 2) _________________ Contact Number: - +44-161-5051746       full  load agreement        
    • Ignore...    Wait until you get a Letter of Claim and come back here.
    • I wouldn't just ask them. I would send them an email confirming that the dealer has now agreed to receive the car back and that in view of the fact that they sold the car illegally and also in unsatisfactory condition, they have avoided the contract from the very beginning and therefore all agreements to purchase the car and any related agreements to finance it are now considered void from the outset. Tell them that this is your position and you want it confirmed. If your finance company will not confirm it then you are going to begin an immediate complaint to the financial ombudsman service because they will not be observing their duties under the consumer credit act. I think you need to be very insistent about all of this.
    • Were even if your mother died intestate, there must be some probate and somebody must be administrator. Try and send an SAR And incidentally, the principle is statute barred is a statutory limitation but it is subject to court's discretion
    • I will be contacting both the finance company and the trade centre tomorrow morning myself to make sure I receive written evidence off both parties stating the contract will be getting rolled back.   
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Grub Granny

Arrows/drydens - 1998 MBNA card debt

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I've an outstanding debt now with Capquest which I have been religiously paying £20.00 each month without fail. 

This has gone on now for about 4 years. 

 

When they ask for a copy of my Income & Expenditure I write back to them,

I have requested in writing this is the only means in which i will converse with them,

although they still telephone me and leave messages which i have ignored! 

 

I write and say

"I have reviewed my payments and at this time I am unable to pay you any more than I am currently paying".  

 

I last wrote to them on the 2nd April saying this and I have received a letter from them today dated 10th April stating as

"regrettably they haven't heard from me my account will be sent to their solicitors". 

 

Advice please,

I will add currently I cannot pay any more than what I am currently paying.

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what is the debt all about please?

why are you blindly paying a powerless dca?

they are NOT bailiffs

 

have you ever sent them A CCA request to check they LEGALLY hold the enforceable paperwork to even demand payment?

 

dx

 


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

 

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Hi Dx, No I haven't requested anything from them.  I simply didn't know what to do, by paying the £20.00 each month I kept them at bay.  So your advice would be to request a CCA request from them and see what they send me?  It was a credit card debt

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Who is the debt with and what was the original amount at default?  Crapquest might well have inflated it with spurious naughty fees.


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credit card debt 

who issued it ?

and when?

is this on your credit file?

what is the defaulted date?
 


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

 

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You cant change the past but you can control the future. 

I would keep any written correspondence you have sent so that if a claim does come through, you have proof that you DID make contact and the claimant failed to respond. 

 

CCA request time... 


 

We could do with some help from you.

 

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**Fko-Filee**

Receptaculum Ignis

 

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On ‎12‎/‎04‎/‎2019 at 18:28, fkofilee said:

 

 if a claim does come through, you have proof that you DID make contact and the claimant failed to respond. 

 

 

Hi. Does that make a difference in a court claim then?  Ignored efforts to mediate a settlement or payment plan? 

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Please keep to your own thread

Its doesnt until a pap letter is issued

But you must protect against backdoor ccj's


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

 

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Sorry I've taken so long to reply I've had IT problems which are now sorted! 

 

To try and answer some of the questions asked above. 

I've just sent off a CCA request but not to Capquest as I've had a letter from Drydens Fairfax saying that Arrow Global are their client and they believe that my current financial circumstances allow me to repay my account over a reduced period. 

They understand that I am currently making payments but do not have a financial arrangement in place.

 

The letter came with a 6 page Income and Expenditure form with a Direct Debit at the end. 

 

I also received a letter the same day from Arrow Global saying the management of my account has been passed to Drydens Fairfax.  I''ve sent the CCA to them. 

 

I am making repayments of £20.00 per month which I have never defaulted on. 

It is a credit card debt from MBNA which has been passed to quite a few DCA's over the years. 

 

The card was taken out round about 1988 all ok, they kept increasing my credit limit until it was approx £16k, I unfortunately kept spending always paying at least the minimum each month. 

 

I paid about £3k off it round about 2015 so they immediately reduced my credit limit to just the amount I owed so I immediately went into charges!

The current balance is just over £13k.  

 

I couldn't sustain the minimum amount so completed an original income and expenditure form and stated I could afford £20.00 per month this was accepted and I've paid this ever since.

 

There are no charges being placed on the account. 

I have never completed any further income and expenditure forms always batting them back saying £20.00 was the maximum I could pay. 

 

Sorry for long post but is there anything else I should be doing right now? 

 

Many thanks

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the playing with the credit limit will be a reason for complaint and that will at least get the subsequent charges removed. If the bak has sold the debt on then they will wish tey hadnt as they will have to pay you in cash rather then knocking it off the debt.

have a look through all of the statements and see how much has been added in fees  and then use an interest calculator to see how much they owe you now.

This wont affect any noise the current dca is making but it will make the debt smaller as you will be able to show that the amount was incorrectly calculated and that will shut them up for a while

they have to respond to a CCA inside 14 days so if they ahvent replied with teh correct info you can stop paying them the £20/m until they do

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retitled and moved to MBNA forum.

 

all those DCA's are part of the came group arrows.

you MUST follow post 2 below and send off the reply attached in post 2

 

 


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

 

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Many thanks for prompt reply. 

I haven't received a PAP letter from Drydensfairfax as far as I am aware. 

Its just a letter stating they are instructed by their client Arrow Global and understand they have written to me recently as they believe that my current financial circumstances allow me to repay my account over a reduced period. 

I don't know how they know this but if I could have paid more I would have been doing this! 

 

There is enclosed an income and expenditure form, 6 pages for me to fill in ending with a DD instruction. 

I have sent off a CCA request yesterday with the £1.00 Postal Order.

I'm not sure which post and attachment I should be following if any at this stage. 

 

Could you please clarify.  Many thanks

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If that's the case, and it's just the DCA it's really none of their business whatsoever to ask for an income and expenditure.  If they haven't replied to your CCA request within 14 days then ignore them, until such a time when or if they send a PAP letter.


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" as they believe that my current financial circumstances allow me to repay my account over a reduced period "

 

I have heard it all now...:rolleyes:......they must have privileged special connections with your bank to acetain your cash flow ....ignore the numpties and do not return that I&E

 

Andy


We could do with some help from you.

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good it no PAP then.

lets see them get an enforceable agreement for a 1998 MBNA card

NO CHANCE!!

 

you should be able to kiss this debt goodbye soon.

 

dx

 


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

 

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Morning chaps,

Well things have moved on slightly

 

I sent off the CCA request last week so no reply yet with regards to that

 

i did receive this morning a PAP Letter saying the original credit card was taken out in May 1997 and assigned to Arrow Global on 31st October 2012. 

 

A copy of the agreement can be requested using a reply form. 

They said they attached a statement of account which was a one page letter saying how much I had paid over the last 12 months only. 

 

It also states "legal proceedings may be issued against you in the County Court". 

It gives an info sheet setting out the basis for sending me this letter and a reply form which I must return within the relevant time frame if I wish to respond.

 

The first question on the reply form asks

 

"D you owe this debt"? 

It again attaches a 6 page Income and Expenditure form for me to complete so their client can consider my financial situation and consider my offer. 

 

What should I do next? 

 

Many thanks

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follow post 2 here carefully

you don't need to rpt the CCA.

 

just state one has been sent and to date the claimant has failed to reply.

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

 

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Hi

I've read through all the posts in the section you said but I'm still not sure what I should be sending them.  I'm finding it rather confusing at the minute.  I know you must be busy but could you explain exactly what I'm supposed to be sending them.  Thanks

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for debt covered by the consumer credit act:

 

NOTE ONLY USE THE ATTACHED FORM below

DO NOT USE THE FORM SUPPLIED BY THE DCA IN THEIR PAP LETTER!!

DO NOT USE EMAIL

USE ROYAL MAIL 1st class - get free proof of posting from any PO counter

 

box D tick

 

I dispute this debt because..recommended reason as advised from your thread and add the debt purchaser has yet to provide any or all of the required documentation.

 

box I tick

I have requested by way of a cca request the signed agreement from the debt purchaser [CC is attached to this reply form]

 

I also require you to supply the following..

a copy of the Default Notice

A copy of the Notice of Assignment

A complete set of statements detailing exactly how the debt has accrued detailing:

I. All Transactions.

II. any additional charges, be them by the original creditor or you xxxx the debt purchaser or any predecessor DCA.

III. details of all contractual interest added by whom and on what date.

IV. List of ALL Payments made toward the Agreement

  

no need to do the financial statement etc anything else or send anything else bar the above

do NOT give them your phone nor email

PRINT your name

never sign the form

 

staple the £1CCA PO to the CCA request and send it to the debt purchaser

return the completed PAP form below to the solicitors that sent it to you

attain free proof of posting for BOTH at any PO counter

1st class mail will do. recorded is a waste of money


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

 

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Many thanks it has become clear, I'll get this sorted out tomorrow and sent off.  Could you please confirm 2 things, do I need to send off another £1.00 Postal order and what do I say as to why I am disputing the credit card debt?  Again many thanks

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there is no fee you've already sent a CCa request

 

 


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

 

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Many thanks for this, I've printed out the reply form and completed apart from one section, you state " I dispute this debt because..recommended reason as advised from your thread and add the debt purchaser has yet to provide any or all of the required documentation".  I'm not sure what the recommended reason should be, ok they haven't replied to the CCA request yet and I've put that in but is there anything else I should put in that section?

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yous is the reason already there


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

 

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Many thanks, I just thought to only list "The debt purchaser has yet to provide any or all of the required documentation" a little sparse but more than happy to stand corrected.  I'll update when I hear from them which I'm sure I will!

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following a recent cca request..


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

 

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