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    • you need to realise that for every person that does come to CAG and register and tell their story...there are poss 10'000 that don't but search the interweb whereby threads that are here pop up relating to like issues they are searching upon.   Most CAG siteteam and many other registered Caggers give advice that bears this in mind and post information which not only informs the starter of a thread upon what to do, but also takes into consideration the readers from the interweb that also read the relevant advice given that might not be brave enough to register and fess up.   to that end, there is very little alternative than to appear to give 'grief' [you deserve it - tough] to a cagger should certain previous advice not have been followed.....yours is a very classic case of such. hey I've found a backdoor CCJ.   to put it bluntly, had you have followed such previous advice, you most certainly would not be in the situation you are in here now.. .so by example, not giving you grief, for future readers...………..   ...never ever move without informing a debt owner of a move of address on any consumer debt that you last used or paid within the last say 7yrs. your credit file is a major key to ascertaining that information.... .but don't just read this advice come to the consumeractiongroup.co.uk website and let us help.   lecture over... what can you do..or more importantly....what can a claimant do now they have a default forthwith judgement against you. well we can't guess.... they might simply ignore it as 1000's of people with CCJ's find out..but it becomes an issue should you wish to say get a mortgage, remortgage or further credit.   i'm not going to enter into any of that here...that's for the reader to start a thread here and seek advice on their individual situation specific to them as you have done....   so...  bearing the all of the above in mind...over to you with regard to this backdoor CCJ.   as for the other debts that you didn't action before...go read your old thread and action what appropriate advice is given there for each type of debt that has been given should you wish to avoid any further backdoor CCJ's.   dx                    
    • hello my very good helpful friend. I am afraid to say that i did not. As i did not realise the relevance of it.   Should i be doing this right now of anyone on my credit file ?   Plz don't give me grief if u have already advised me...   do i do the ccs request now to everybody in that thread ?    
    • aha busted and stupid ...no wonder you've got mixed information here. never trust anything they say ..they have a very bad reputation for stating the truth.   now can you go get your credit file please..   there are cases whereby a council on historic CTAX debts do go for a county court CCJ, but a liability order from a magistrates court has far more clout legally than a county court CCJ and i've never heard of a court sending a bailiff out for 'multiple' CCJ collection.   me thinks he is pulling the wool here a bit and has looked at your credit file and seen CCJ's too so thought he'd chance his arm and use those as further leverage.   don't worry about the sat visit simply ignore do not answer the door if he appears. your task is too gather data at present.   credit file please..        
    • Hi there, the company name on the bit of paper is:   Bristow & Sutor   Says the total amount £990.49 and this includes £235 enforement stage fees,  The CTAX was owed to North Tyneside Council. The guy also said that it wasn't just for CTAX. Other debts were combined.   I did leave other debts behind too when I moved. Perhaps a utility bill, credit card debts and a Provi doorstep loan.   I think the guy said that he would be back Saturday too. This is what I'm trying to avoid multiple visits. Don't want my mam to get upset.   Thanks for the help.   Bear
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MiloSaint

Co-op Career Dev Loan and wetcloths

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Hi,

 

I've taken on a professional career development loan with Co-op in 2015 of £8,500 to fund a MSc and can no longer afford the repayments of almost £300 per month as initially agreed and signed contract. I still owe just over £5,000.

 

I've been explained by the bank that I cannot lower the monthly repayments and can only default on my payments and that after 2 missed/ defaulted payments Co-op will pass on my debt to Wescot debt collectors.

 

Despite of written warnings on every page of my loan agreement stating that should I default on payments at any point my credit history may be "seriously affected", I have been reassured by co-op on several occassions that although they cannot put this into writing to me they can guarantee that as it's a "government backed loan" as opposed to a normal loan and therefore my credit history will not be affected as I default on payments to Co-op Or even when they pass on my debt to Wescot and then even if I miss the agreed payments with Wescot.

 

Seems too good to be true??

 

My question is,

can anyone confirm that this is in fact true for career development loans not effecting credit histories upon defaulted payments with the bank and Wescot?

 

So lost and a bit anxious in defaulting without any written confirmation from the bank on this.

 

..Any advice would be much appreciated!

 

Many thanks in advance!

Edited by dx100uk
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not 100% sure

you'd have to read the T&C's they gave you

 

as a side note:

 

wetcloths are a DCA

a dca are NOT BAILIFFS

and have

ZERO legal powers.

 

deal /pay the co-op directly only.


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Hi dx,

 

Thanks for your reply.

 

All it says in T&C is that should I default or miss payment my credit history "may be seriously effected".

 

I've now spoken to co-op on 4 different occassions each time they have reassured me that even though they cannot put this in writing the telephone conversations are recorded, they have put this in their notes stating that my credit history won't be effected at any point because its a "government backed loan" and that they also spoke to the Manager who also re-confirmed this and that this is also in their notes - they cannot provide me a copy of course!

 

So feeling quite uneasy about going ahead with missing payments..even though cannot afford paying such an amount monthly. Also know nothing about DCAs and how they work and what to expect...

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you ignore the dca !!

they are NOT bailiffs

and NEVER ever talk on the phone to a dca either.

 

I think eitherway its gonna get defaulted

 

if not by the co-op

but by a debt buyer if they sell it on.

 

dx


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Hi MiloSaint,

 

My sister also had a CDL with the Co-Optaken out in 2011, and like yourself couldn't afford the repayments, no job, no income.... etc..

 

So, obviously, she stopped her repayments sometime around 2012/2013 I think it was. I've got a thread somewhere about it here.

 

We tried dealing with Co-Op directly, and they were not helpful at all. We got letters from DCA's for a while and then all of a sudden everything stopped.

 

As far as I'm aware, there is nothing on her Credit File [i'd need to ask her to double check], but it's unlikely to be, as she's never been rejected for any credit applications she's made over the last few years.

 

From what I understand, as it's Government back, the Co-Op will get their money as they have an indemnity, regardless of whether it's paid or not.

 

So, whilst I can't definitively 'confirm' whether it's true or not, from personal experience, via my sister, what they have said, might be true.

 

Regards


CookieRocks

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Hi Milo and welcome to CAG

 

You made 2 posts on other folks' old threads and these have been removed as it's best your case is dealt with here on your own thread. Info about a case last discussed in 2011 isn't going to help you much !

 

:-)


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Hi MiloSaint,

 

My sister also had a CDL with the Co-Optaken out in 2011, and like yourself couldn't afford the repayments, no job, no income.... etc..

 

So, obviously, she stopped her repayments sometime around 2012/2013 I think it was. I've got a thread somewhere about it here.

 

We tried dealing with Co-Op directly, and they were not helpful at all. We got letters from DCA's for a while and then all of a sudden everything stopped.

 

As far as I'm aware, there is nothing on her Credit File [i'd need to ask her to double check], but it's unlikely to be, as she's never been rejected for any credit applications she's made over the last few years.

 

From what I understand, as it's Government back, the Co-Op will get their money as they have an indemnity, regardless of whether it's paid or not.

 

So, whilst I can't definitively 'confirm' whether it's true or not, from personal experience, via my sister, what they have said, might be true.

 

Regards

 

 

Hi Cookie rocks,

 

Thanks so much for the response, I did read your 2011 thread and it's reassuring to know that your sister sisnce then has been able to successfully apply for credit after defaulting on ger CDL payments. Im trying to get some advcie / confirmation from CAB too but this is promising.

 

Thanks again,

 

MS

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i would take what CAB say with a large pinch of salt if it differs from what you are reading here MS

certainly don't agree for them to do anything without checking here 1st.

esp if they want to contact people..


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MS

 

No probs.

 

I just want to confirm nothing is on her Credit File and nothing has been re: Co-Op/ CDL.

 

I also agree with DX re: CAB

 

From experience, they are very quick to start contacting and writing to companies and before you know it, you'll be in a payment plan.

 

My folks got royally shafted like this, it's only when I got whiff of what was going on did things actually get sorted, 80% of debts were SB or unenforceable.

 

So, by all means speak to them, but be wary of signing/ authorising anything for them.

 

Kind regards


CookieRocks

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Hiya,

 

Wondering if anyone would have any knowledge/ advice on this?

 

I couldn't keep up with my career development loan repayments last year after paying off half the loan (still owing a few thousand ££s though) and co-op bank froze the account and explained they will have to pass on the loan to Wescot debt collection agency and assured me that my credit history and/ or rating will not be affected as this is a "government backed loan".

 

Wescot are now contacting me saying they are "working on behalf of Co-op" and threatening my credit rating in letter stating that by contacting them I would be making "positive steps that might improve your credit rating".

I am yet to contact them back.

 

Since Wescot has been contacting me the last couple of weeks, any record of the career development loan and the unpaid amount has dissapeared from my account.

 

I heard elsewhere before that CDL is already paid by the government and the bank is essentially only the "middle man" as government can't loan the money to individuals directly hence why the banks aren't fussed when loan isn't paid back.

 

I also heard conflicting information regarding this having a negative impact on my credit history; some say that as long as I don't make any repayment agreement with a DCA and then defer on payments then my credit history won't be affected but I also read that just by having a DCA show up on my credit report will deter a lot of lenders lending to me now. So I'm now very confused as to;

 

1) Are Wescot really acting on behalf of co-op as they state or have actually bought the loan off of them?

 

2) Is my credit history now likely to be worse just by DCA name appearing somewhere within my records?

I will try take out a credit report to check in the meantime.

 

3) Am I better off ignoring the DCA since the loan essentially was already paid for by the government in the 1st place and there is now no record of the loan on my co-op account? Or am I better off making a manageable repayment plan with DCA and paying off the rest of the loan?

 

Any advice on this would be much appreciated!

 

MS

 

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Wescot dont buy debts.....just chase for their client  COOP...they cant touch or add anything your credit rating...only COOP can do that.

 

https://www.co-operativebank.co.uk/loans/career-development-loan

 

Andy


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threads merged yet again.

 

third time you've asked this question

third time you've had the same answer in reply.

 

dx

 


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