robbersway and welcome debt - now resolvecall - proposed reconnection visit

[exeterbay]

can you scan up the agreement and the statements

 

lets see

 

dx

The agreement is the same as I have and posted previously, there doesn't appear to be any statements, just computer print outs! There isn't the default notice either?

 

Also I have just received a letter from MKRR stating they are unable to provide a CCA at this time and they will contact welcome!

[dx100uk]

there must be statements of the account

 

and a comms log

 

is the 40days up yet?

 

dx

[exeterbay]

There are 24 pages of 'activties' 1page of 'correspondence' and the loan history which I take to be the statements actually, the agreement Is very difficult to read and there is no default letter.

I sent the request on the 19th May so 40 days not up yet.

They have sent 2 copies of everything!

[dx100uk]

as I said you wont get the default letter

 

the monetary statements yes please

[exeterbay]

Sorry must have missed the bit about default letter, why won't I get it?

I have 9 pages of Loan history do u want all of them? Can I post them to you!!

I mentioned earlier about the acceptance fee and broker fee..wat doyou think to that?

Thanks Dx by the way!

[dx100uk]

as per post 13 scan them up.

 

they are not required to hold a copy of the DN

 

all they have to do is 'show' it was actioned

 

that will be in the comms/account log

 

prob on the statements too

 

as welcome charge unlawful fixed penalty fees [£12/£10/£15]

for everything from phonecalls to letters.

 

as long as int was not added to the acceptance fee or the broker fee

 

 

ok you got done over

 

but we know that already

 

dx

[exeterbay]

Ok thanks Dx I'll get them up, only prob is my laptop broke so need to get them up via iPad somehow!

Just on one point you made in previous post, can they say acceptance fee and broker fee are one thing and then add them into the monthly so they are 4x more!?

[dx100uk]

can you scan and email if I supply one?

i'll put them up

 

don't get you last comment

broker/acceptance should not have int added

 

car

int

accept

broker

 

then divide by 180 mths

[BRIGADIER2JCS]

can you scan and email if I supply one?

i'll put them up

 

don't get you last comment

broker/acceptance should not have int added

 

 

The cost of the fees is increased by a considerable amount as interest is added to them it seems.

[dx100uk]

looked at this 3 times now

 

there is no int being added to broker nor acceptance fees

 

total credit = M,N,O

 

then that is divided by 180 to give the monthly payment

 

dx

[exeterbay]

Evening gents,

Sorry I'm snowed under at work so get limited time on here! Laptop broken so I can't scan ATM. I do have an ipad so I could take photos but that would take a while. I have two copies of all from Welcome so I am more than happy to pop them in the post or drop to you depending on where you are!

 

With ref to the acceptance and broker fees the payment breakdown statement I received when SAR'd it's states the following;

Credit/cash advance £127.33

Acceptance fee £3.99

Broker fee £12.73

Insurance £0.00

Total per month £144.05 (x180months)

 

Right next to this breakdown it states the following

Acceptance fee £235.00

Broker fee £750.00

 

Therefore if they say the above are the fees then why have they charged me 3.99 & 12.73 per month for 180months!!!!

[dx100uk]

ok lets look at a few things

 

if we look at the agreement

144.05*180= £25,209!!

 

if we use the loan sheet attached

 

those details give an APR of 5%

 

I cant workout how they got interest of £17,442.05 from.

 

I wonder if those monthly bit for acceptance/broker makes the rest up.

 

totally unenforceable agreement mind!

 

dx

 

 

dx

[exeterbay]

Unbelievable! They so prey on people in their hour of need. I look back now and think why did I do it! I really want to put them to shame now, it's disgusting!

How can i get these statements etc to you? I think trying to upload will take forever with an iPad etc? Photos? I really would like you to take a look at them though!

[dx100uk]

I can pm an email

 

if you take photos [clearly]

 

i'll redact and put them up

 

dx

[exeterbay]

Ok thanks, there's plenty of pages though! I'll start them tomorrow in sections! Thank you so much, it's really appreciated!

 

Emailed pages to you dx

[dx100uk]

yep

 

docs here

 

VERY revealing

 

i'll work on this tomorrow

 

dx

[exeterbay]

Can't wait to hear your findings! Thanks

[dx100uk]

ok there are charges but not really worth pulling them up over

 

there something wrong with the agreement

 

that int is wrong I think

 

£17k on a £7k loan is outrageous

 

as for the breakdown of what the £140PCM is made of sheet

 

that's a quote , means nothing saly

 

if you now owe anything is a matter for conjecture.

[exeterbay]

Thanks Dx, what do you suggest now?

[dx100uk]

ok I've checked and so has IMS

 

using the below xls the interest is sadly correct.

 

i'd await MKRR's next move.

[exeterbay]

Ok will do, I've still got the incorrect default and loan agreement to go on though eh?

Thanks!

 

Evening!

 

Can I ask a quick question,

 

I have the dodgy default notice (posted on previous posts)

 

also the credit agreement doesn't state correct info(again posted previously)

 

I need to improve my credit as I want to remortgage in 2 years,

 

can I get the welcome default removed because of the previous reasons?

[BRIGADIER2JCS]

Evening! Can I ask a quick question, I have the dodgy default notice (posted on previous posts) also the credit agreement doesn't state correct info(again posted previously) I need to improve my credit as I want to remortgage in 2 years, can I get the welcome default removed because of the previous reasons?

 

 

Removal of default entries is very much more difficult now.

 

 

As to mortgage applications, you will need to show ma absolute minimum of 3 years + good to excellent credit management, but if the current trend on approval procedures even more will necessary.

[exeterbay]

Thanks brig, so if I start repairing my credit now and keep my nose clean and the default which was applied in 2010 falls off in say July 2016 will my credit be ok in aug 2016?

 

Hi dx, i have emailed a photo of the cca that i received from Mkrr today, could you do as before and remove personal details and put up?

Thanks

[exeterbay]

Thanks for putting it up Dx,

 

so they have a copy of the CCA but it's a terribe copy but

 

also there is no total amount payable?

 

Can someone take a look and see if it's above board and legal??

 

I also have a DN notice which has 14 days from Date of letter,

 

what should I do now?

 

Anyone?

[dx100uk]

that's the same as the one in post 12

 

there is a total charge for credit listed

 

the dn is answered post 15