been with Bains & Earnest / moneyplus for 12yrs

[Amelia4]

All debts to 12 creditors are over 12 years old.  Been on a debt management plan paying a few pounds to each for 12 years.  None appear on my credit report.

 

Can I ask for my Consumer Credit Agreement? As they have mostly been sold on several times.  

 

Then if they can't produce it, offer very small settlement?

 

But if they can produce the CCA it maybe risky asking them to produce it??

 

My question also is, can they reappear on my credit report?  And based on my current credit report, could I apply for credit?  Essentially my current credit report says I am debt free.

 

Advice GREATLY SO VERY MUCH APPRECIATED

 

Very best wishes

 

Amelia

 

[dx100uk]

whose the DMP with?

 

dx

 

[Amelia4]

Money Plus Group

 

But before that it was Bains and Ernst

[dx100uk]

ripped off from day one.

 

cancel the payment to them

90% of your money has gone in their pockets.

 

can we have a list of debts

like in the threads you've been reading please.

 

 

[London1971]

These DMP's should have a massive government health warning on them

[Amelia4]

I got into this state by borrowing to help with university then using each one to then pay the other. 

I was then with someone who didn't like me working in bars so I gave that up and at that time after studying that was the only way I knew to earn money.  And it then all got out of hand as had baby and not able to work.

 

Details:

Cabot £8k and £4.7k

Link financial £6.4k and £3k

Arvato £6k

Capital One £5.9k

AIC ( I think this is Allied International Credit £5.5k

Moorcroft £4.5k

NCO Europe £3.8k

PRA Group £3.4k and £1.4k

Barclays Bank Collections and Recovery £1.3k

 

Absolutely terrible I know.  I never intended this but need to get rid of it all and wonder if the fact they no longer appear on credit report whether they could reappear or what this all means. 

Also whether to ask for CCAs on them?

 

THANK YOU SO VERY MUCH TO ANYONE TAKING THE TIME TO CONSIDER THIS.

 

[dx100uk]

Need the type of credit please

 

nco are arrows dca.

Moorcroft - who are their clients they don't buy debts.

same for AIC.

and avarto

 

any defaulted debt gets removed from your credit file on the defaults 6th birthday, paid or not, pating or not.

doesn't mean its not still owed, but it can't return no.

 

dx

 

[Amelia4]

Thank you so much for replying

 

Almost all credit cards I think.  Maybe one was a loan but would be 2002(ish). Nothing secured - I don't own anything at all.  

 

Ok, so I have checked my Experian file and my rating is 912.  Nothing appears on it so they must all have dropped off.  It states I could improve my score by having some credit.

 

I am wondering how to get through this whole huge problem and have a strategy as I have 2 children and need to get life in order for their sake so need to be ruthless to try and sort it all out.

 

I am wondering if I should request copies of CCAs from them. 

All are pre-2007 ( some threads suggest this may mean something with being enforceable in the terms of pre-2007 agreements). 

 

If they can't produce it I could then offer 5% settlements. 

I have offered this % already which they all refused even when they know my dreadful circumstances. 

But maybe if they can't produce a CCA they might be tempted to take the 5%  If this fails just keep going paying tiny amounts per.month.

 

Then, in the background, try to deal with the bigger picture and apply for a credit card in a few months after getting responses on the above to build my credit record as the current ancient debts won't ever reappear on my credit report.

 

Do you think this might be a good strategy?

 

Thank you so very much

 

Amelia

 

 

 

 

[dx100uk]

well I wouldn't fall into the trap of needing credit to improve your score

 

if none of thr debts are mobiles nor bank od's 

send everyone of 'em a CCa request.

but as I pointed too above

some of those on the list don't buy debts just chase

so you'd need to findout who their clients are..the owner..the should get the CCa request.

 

as for F&F offers, B+E would have been squirreling your money away into a F&F 'pot' already, we found one guy here with over £5k in the fund, they didn't even know B+E were holding, crafty.

 

cancel their DD and send them an SAR, I think you'll be sadly very shocked

 

dx

 

[Amelia4]

Oh my goodness, it is shocking! 

What is a SAR and what would it reveal?

 

No I never will get into a mess again but wondered if it might help if I ever get to the point where I might ever apply for a mortgage one day. 

 

I have lived without credit for 12 years so don't want it but was thinking ahead of hoping to be able to apply for a mortgage or be normal and that was Experian's suggestion to improve the score. 

 

would probably buy petrol once a month and repay in full each month.

 

Ok, will send out requests for CCAs making sure I find out the right owner. 

If I get copies what do I expect to see and what do I do. 

If they can't provide anything, what do I do then?

 

You are incredibly kind even responding to me

[dx100uk]

best idea is to read as many I've been with xxx dmp for xx years threads in this same forum

 

click sar and read

it get everything data wise the receiver has on you.

it's a legal right

it's free

and they can be legally held accountable if they don't comply.

 

your credit file is v.good

you'll get a mortgage no problem

don't forget 

what doesn't show on your credit file. they can't see and won't know about!!

 

as for the CCa requests

if a creditor fails to reply in 12+2 working days

they are in default of the act and the debt remains unenforceable till they comply.

 

I would expect 

looking at your players

90% of your denbs will workout that way.

shame you've been had for 12yrs.

 

golden rule is:

a DCA is NOT A BAILIFF

and have

ZERO legal powers on ANY DEBT.

 

 

 

 

 

[Amelia4]

Oh my goodness.  Thank you again SO MUCH for every bit of advice!

 

Ok, going to do that with requests for CCAs.  Then deal with debts in the background of trying to build my life up again.

 

When I do apply for and hopefully get a mortgage - would any old creditors see this on my credit report and inform the mortgage company? I just had a terrifying thought that if I ever manage to buy a house, I could face having my mortgage removed if the bank giving the mortgage finds out about my debt situation.

 

Going back to my old debts - after CCA requests, whatever the outcome, I will look over the years to offer settlements to at least clear them and for the accounts to be closed but it will take a while and there will be overlap with a mortgage.

 

Could any of the existing debts be passed onto bailiffs? 

 

Advice AS ALWAYS so very much appreciated

 

Best wishes

 

Amelia

[dx100uk]

no sure where you've got most of your info from but some of it is woefully incorrect and systematic to the lies DCA's and various org's that deal with debt spout out to con you into things.

 

bailiffs can ONLY ever be involved in consumer debt:

IF the debt owner takes you to court

IF you lose

IF you fail to pay the CCJ off

IF they go back to court

IF the judge allows it

 

AND even THEN:

there is NO RIGHT OF FORCED ENTRY ...on consumer debt.

….

 

as for your mortgage...no they can't do those things!!

 

...

as for the debts, if they prove unenforceable (as I bet most of your will be)

you can forget about them...

 

sadly, and again get reading up here..i think your a perfect cash cow victim.

 

[London1971]

Hi,

 

You will have zero problems with a mortgage, there is nothing showing on your Credit file. They might ask what the monthly payment to payplan is all about though, even then it's unlikely to make a difference. Besides if you stop paying them this month, a mortgage company is only interested in your last 6 months Bank Statements.

[Amelia4]

Thank you so very very much to you both for your thought and kindness in responding and advising.

 

I will read up more on the forum like you suggested but going to start the process of sorting it all out based on your advice.

 

I notice your profile states 'site team' - what does that mean?  I was just so overwhelmed at how kind you've been spending time to give advice.

 

Very best wishes

 

Amelia

[AndyOrch]

Quote

I notice your profile states 'site team' - what does that mean?

 

 

The Site Team are volunteers who give their time freely to help run and moderate the forum.

 

Andy

[Amelia4]

They are more than absolutely incredible!