Lloyds credit Card debt - Wescot now Link

[benq]

I've been advised that as I have been making payments to this debt, I will never get it statute barred.

it's now time to try and pay it off before they send me a PAP.

Before I do anything (like sending of an SAR) I just want to check in with the megaminds on CAG.

 

My plan would be to:

1. Send an SAR to Lloyds
2. Find out how much of the balance is charges and interest
3. Start a repayment plan/pay the remaining balance.

 

Details of the debt:

• Credit card
• £3100
• Wescott last contact Mar 16
• Lloyds last contact June 18, advising they've credited me with £200 as 'they did not always take the appropriate course of action'
• last payment was 2 weeks ago

[dx100uk]

whom are wetcloths client please

[benq]

Wescot Clients are Lloyds Bank PLC.

I have already asked for a CCA, which they responded to in the correct time, this is in May 2016.

I am making a £1 a month token payment.

Should I cease all payments, or continue?

Edited May 23, 2019 by benq

[dx100uk]

as the card is still owed by the OC, and as you've seen, they usually are able to comply, then its enforceable.

so no don't cease payment.

 

however get an SAR running.

[benq]

because they sent the CCA back within the allotted time, I am to keep payments going.

 

SAR sent to Lloyds, second class today

[benq]

SAR from Lloyds received today, what do I do now? Total up the interest and charges?

 

[dx100uk]

you should have been reading up on charges reclaiming in the down time.

 

 

CISHEET

enter every charge on the date it was levied

put their avg int rate in D15.

 

 

 

[benq]

Do i put down 'Cardholder protection plan' as well?

Obviously this is PPI. on a seperate note, i did claim for this many years ago but they refused to pay out.

 

On my statement, ive got 'date of transaction' and 'date entered', which date do i put down?

[dx100uk]

CPP was an annual card protection policy administered  by a sep company ..not levied by the original creditor.

your claim was against CPP but you are now out of time I suspect.

 

https://www.consumeractiongroup.co.uk/forum/260-cpp-group-plc/

 

 

[benq]

Sorry, in my SAR, Lloyds sent info on a previous credit card i forgot about.

I'm now going through the statements that relate to this topic.

I've filled out the form. I've included interest, as well as late charges, is that correct?

For the claim from and to, do I put the date of the first and last transaction?

[dx100uk]

Nope ppi only

Claim from date 1st ppi

if the card is still active there is no claim to date

[benq]

There is no PPI on this credit card.

The card is not active.

 

What does this mean for me?

[benq]

Hi Guys, whats the next step?

[dx100uk]

so was this annual CPP or you did find monthly PPI charges?

[benq]

Hi dx,

 

There was no CPP or PPI at all.

[benq]

Hi whats the plan on this now?

[AndyOrch]

Topic unlocked

[AndyOrch]

Open

[benq]

This debt has now passed to Link and there are now two accounts for the same debt on my credit report, one new one for Link, and the existing one for Lloyds. In your experience is this normal? Will the one from Lloyds disappear in a few weeks?

[dx100uk]

not been passed, read the letters properly, it's been SOLD.

 

2 entries are quite normal and as long as the fleecers dont change the OC's registered defaulted date, its not double harming your score as its the same debt.

 

yours is not the next move.

 

were you still paying anyone?

 

[benq]

Hi DX, correct in saying it was sold.

I'm not paying anyone a penny, havent done for about two years, still a few years off being SB.

Thankfully, the debt defaulted about six years ago now, so should be dropping of my credit file soon.

I've check the default date on the new Link account and its the same as the old one.

[dx100uk]

yours is not the next move as long as the address link have from lloyds is your correct and current one.

don't move without informing your creditors in writing

protect against backdoor CCJ's

 

dx

 

[benq]

Looking at my records, the date of default was Jan 2016, so I am thinking that this should have dropped off my credit file in January 2022, however this hasn't happened yet.

Whats the process for an item dropping off the credit report? Does it go into the 'Closed' section? Does the amount go to £0?

Do i need to raise a dispute with Trans-Union?

[dx100uk]

No it vanishes totally.

 

Give it another month