What should I do?

[The Stilt]

I have returned to the UK after 10 years abroad and am not sure what, if anything I can do to help my situation.

 

Tesco Bank credit card, owe around 2200 GBP and default happened in March 2015 per Equifax, so March 2021 it will drop off.

 

I am having trouble finding work due to this account and need to know the best way to move forward.

 

1. Pay it off in full, don't really have the money to do this but I can borrow from family to make this happen

2. Tesco have accepted a 50 GBP a month temporary arrangement for 2 months until I am working and can submit an income/expense sheet.

3. Submit a full and final offer for somewhere between 30% and 70%.

 

Many thanks for any and all comments.

[dx100uk]

before you blindly just started repaying...when was the last time you used or paid the debt?

 

dx

 

[The Stilt]

December 2014 was my last time paying on the debt.

I have not paid anything to Tesco since then.

[London1971]

IMO, based on my past experience and all the other posts on here, it's best just to ignore. Until when or if such a point a PAP letter comes through. Which might be never.  It will be Statute Barred in less than 2 yrs.

 

In fact nobody has the right to request an I & E from you apart from HMRC, Council Tax or a Court. So just don't go there.

Edited September 25, 2019 by London1971

[dx100uk]

how did you attain a uk credit card whilst abroad if you did and why did you continue paying whilst abroad all these years?

or was this card attained before you left 10yrs ago and you morally paid all the time you were not resident in the uk?

 

when did you get the card?

 

 

 

[The Stilt]

I had it prior to leaving the UK and paid up if it was used until the time of default.

[dx100uk]

was this a pre 2007 card?

 

is it still with Tesco's or sold on to a dca now?

 

dx

[The Stilt]

It was opened in early 2009 and still belongs to Tesco as far as I can tell.

[dx100uk]

offer them what you can when you can.

no need for an I&E, none of their business.

 

dx