experto/varde now PRA Group chasing old MBNA silver nomination choice card debt

[firstship]

Mike have already had a re-think,am not going to waste my time with a reply

 

Regards FS

[Old Cogger]

Don!t blame you.

[firstship]

Well, Ignored Exporto and now another letter with the same offer 70% discount but reworded.Will ignore again,until it is sold on again.

 

I have often wondered when a DCA sells a debt onto another DCA is it sold for a lot less gain?

 

FS

[Old Cogger]

O H been there who is next from Experto Oh! yes Credit Management consultants with the same bull **** i.e. the next desk. same company.

 

Then on to Aktiv Kapital who are asked to collect for Experto.

[firstship]

Mike, HI.. Aktiv already own the debt,Experto acting for them,so as you state Credit Management should be the next **** to start the ball rolling all over again

 

Any thoughts on when DCA sells to another DCA is the debt sold for an even smaller amount assuming it is a DCA with no connections to the original?????

 

Regards FS

[Old Cogger]

no idea probably just recoup capital spent?

[firstship]

This debt is still with AKTIV but collected by Experto,received a wonderful offer today from Aktiv,a letter with a Voucher attatched,worth 20% of the debt if I pay off the balance.this MBNA debt was sold to Varde Ireland,collected by Experto, Varde sold it on to Aktiv still collected by Experto. Naturally this will get filed in the usual don't waste my time bin

 

FS

[firstship]

Today received another offer from AKTIV now offering 80% discount,smell a rat there must be something wrong,need to go over the documentation again.

 

FS

[Old Cogger]

80%never seen that much before. only their silly reducing discounts.

[firstship]

Been through my files on this debt,I asked 3 years ago for a CCA,the response was an Application Form and the usual T&Cs,NO Agreement.The box on the application was ticked for PPI,This is perhaps why the offer of 80%

 

Can I pursue AKTIV for PPI refund as they own the debt or must I go back to MBNA? Getting rusty on PPI claims,as I thought I had achieved the refunds applicable from other debts,a long time ago

 

FS

[Dotty50]

Hi firstship , personally I wouldn't bother.

 

Even if you have a valid claim, they will only put it against the debt so you will go to a heap trouble for nothing and of course if you are going down the UE route, some people would say that you can't have it both ways.

 

On the other hand though, I would probably get a spreadsheet prepared for future reference, should any court claim be issued, at which point you could argue the balance owed.

 

Others may disagree, but that's my take on it.

[firstship]

Hi Dotty,get where you are coming from,my theory is write to Aktiv state the PPI is more than the 20% payment they require to settle the account,.

 

However they MBNA now Aktiv can only provide an Application Form, NO agreement,but Aktiv the current owner of the debt,should it go to court can confirm that I have been paying them a monthly amount for some time,not really sure which is the best route,Chase the PPI or challenge Aktiv over no Agreement

 

FS

[Dotty50]

Without me going through the complete thread.

 

Are you paying Aktiv? If so, how long for?

 

If you were going to challenge them over no agreement, then why now?

 

I've not paid anything since 2009 and can't actually remember when I last heard from anyone!

 

On checking my thread, I sent a 'prove it' letter in response to a letter from them in May this year but I don't think I had a reply but will check.

[firstship]

Yes paying Aktiv and have been paying MBNA/Experto/ prior to Aktiv,for the last 4 years,so as I said earlier any challenge for no agreement,I would struggle.

 

The fact that Aktiv are offering 80% discount as an F&F stinks,there is something wrong and the only thing I can come up with is the unclaimed PPI (my error)

 

Not sure of best way forward,apart from telling Aktiv happy to pay the 20% balance as a F&F but this money will come from the mis-sold PPI?

 

FS

[Dotty50]

It's worth a try, as you are still paying them.

 

Just calculate the ppi element and go from there.

 

Good luck!

[firstship]

Any thoughts on PPI claim to Aktiv or MBNA. Aktiv own the debt

 

Thanks

 

FS

[Dotty50]

Sorry no idea, you may be able to find the answer in the ppi forum

 

http://www.consumeractiongroup.co.uk/forum/forumdisplay.php?111-Payment-Protection-Insurance-(PPI)

[firstship]

Anybody any idea,please,Aktiv are the 2nd owner of an MBNA debt,i have discovered I took out PPI for the first 5 years ,who do I claim the mis-sold PPI from ?

 

Thanks

 

FS

[firstship]

Trying to claim back PPI from MBNA, they acknowledged receipt of the claim and said they would respond within 28 days,their response today was they have been unable to complete their investigations and they require until December 11th,seems to be standard for MBNA

[firstship]

Now received a 4 page form to fill in,asking for details dating back to 1999,any body else received this complicated form.which i feel is asking questions that could give MBNA the advantage.if you do not fill the form in they will use the information they already hold to assess the PPI claim

 

They want to know about savings other insurances held at the time

 

Anybody any thoughts on this

 

FS

Edited November 18, 2013 by firstship

[firstship]

Had a good read reference PPI.......MBNA want me to fill a 4 page form in,and they acknowledge that 1999 is the start date to help me.Problem is I have not a clue what I paid and what the PPI charges where back in 1999,and I feel if I send an SAR they will only go back 6years any idea's of the best way forward

 

They have stated if I don't fill the form in they will proceed with their investigations based on the limited information they hold

 

ANY IDEA'S PLEASE

 

FS

[ims21]

Hi firstship...responding to PM.

 

If it were me I would ignore their form if it differs from the fos one and use the one which fos have produced.

 

The form should not be asking for figures...it is for them to calculate an offer and then for you to either check it.

 

If you don't have all of the figures going back to 1999 then you won't be able to carry out a full check though and if you SAR them they are likely to say that they don't have records going back further than six years.

 

I would get the fos form into them and see what offer they come up with. You are also entitled to a full analysis of their offer and you may have to take a view as to whether to accept or not.

[firstship]

ims21 many thanks for your response,this is most helpful.I will proceed as you have indicated

 

Kind Regards

 

FS

[firstship]

All has moved quite quickly MBNA have accepted the PPI claim and I am happy with their offer

 

it is close to my own calculations although I had to do a certain amount of guess work.However I am Happy with their offer.

 

What I am unhappy about is,they sold this debt to Varde Ireland who then sold it to Aktiv ,

 

in both cases Exporto Credite have collected the money for both of these DCAs through a DMP

 

 now MBNA say if we sold the amounts due under this account we may recall this debt and reduce it by the redress amount.

 

Can they really do this???????

 

FS

[Dotty50]

They certainly can use any refund due to you to offset the balance owing.

 

How this works with a sold debt, I expect would depend on the terms and conditions when the debt was 'sold' or if it was just assigned in order to collect on behalf of MBNA, for a % of what is collected.