Jump to content

 

BankFodder BankFodder


Priestt

old overdraft from Halifax been paying moorcroft for 10yrs now

Recommended Posts

I defaulted on a £2500 overdraft from Halifax about 10 years ago and since have been paying Moorcroft a token payment.

 

I understand that overdrafts are different to other debts and that I can't ask for a copy of the CCA.

Is there another way of dealing with this debt?

Or am I stuck trying to pay it off slowly? 

Share this post


Link to post
Share on other sites

Moorcroft don't own the debt and its probs still with Halifax or someone.

Whats the Balance on it at the moment?


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

Share this post


Link to post
Share on other sites

The current balance is £2581.30. Not sure exactly what the original amount was when I defaulted. When ever they write they do refer to Halifax as being their client.

Share this post


Link to post
Share on other sites

£3 a month

Share this post


Link to post
Share on other sites

pers i'd stop payments.

 

if the debt is that old I bet a very good % is made of unlawful penalty fees and the interest they caused.

 

as said above

Moorcroft don't buy debts, just chase for their stated client.

 

when did you open the bank account?

 

 

 


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

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, DCA;s would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

I haven't been able to find the original paperwork for it, but I think I would have open the account around 2006-2008 and probably defaulted around 2009-2010.

Share this post


Link to post
Share on other sites

It would take you 860 Months to pay this off @  £3 

Thats 71 years roughly. 

 

Honestly I would stop paying. Moorcroft cant do anything... :) 


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

Share this post


Link to post
Share on other sites

It's just that I have rebuilt my credit rating and don't want to drop back to zero again.

Share this post


Link to post
Share on other sites

Once the default goes... Nothing they can do. to make it drop again.

They cant replace the default...


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

Share this post


Link to post
Share on other sites

But they could take it to court and get a CCJ? 

Share this post


Link to post
Share on other sites

no

OC's don't do court.

 

get an sar off to Halifax.

 

this wont be on your credit file and cant ever comeback to it either.

 

dx

 


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

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, DCA;s would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

Could Halifax take it to court and get a CCJ? 

How will getting a SAR help?

Share this post


Link to post
Share on other sites

Sending an SAR is completely free and it will give you information which will help you understand how the alleged debt has been calculated – in particular, the level of charges which have been imposed. You may well find that some of the charges have been imposed at an excessive – unlawful level. You may even find that some of it is made of PPI – which strictly speaking is not recoverable now – but on the other hand, if they open the door to recovering and alleged debt from you then it seems to me that they open the door reciprocally to allege that some of it is mis-sold PPI and should at least be discounted from the alleged debt even if you are not entitled since the 2019 cut-off date to recover interest on it.

If PPI has been mis-sold on the credit card then just because there is a cut-off date which prevents you recovering it, I don't think that then allows them to claim it from you. That would be incredibly inequitable


Share this post


Link to post
Share on other sites

original creditors do not do court.

 

stop paying 

they'll sell it on.

 

dx

 


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

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, DCA;s would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

Definitely didn't have PPI.

Share this post


Link to post
Share on other sites

My other concern is that one of the ways I have rebuilt my credit the last couple years is with a Halifax credit card. Could sending them a SARs affect that? 

Share this post


Link to post
Share on other sites

ofcourse not its a legal request.

 

dx

 


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

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, DCA;s would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

Thanks, I will get that in the post and let you know what I get back.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...