Barclays CDL Loan (Career Development) 2012

[gami]

Hello. I took out a Career-Development-Loan with Barclays back in 2012. I've not seen much information on the forum about these, seems to be conflicted/not seen much.

 

This defaulted within 6 months of the initial payments (£200-250) a month being missed. A repayment plan was set up with Barclays Retentions. Its been paid ever since, I suspect the account is now at around 7-6k. 

 

I need to update my details as I do believe they still have my old address on file, and not received anything (statements or so) from them in about 2 years whilst it's been paid, it may or may not even be with them still. I'm not sure I even have the account number details hanging about.

 

Is it worth seeing a SAR and seeing what charges were (if any) also applied or is this different due to it being an unsecured loan as opposed to a credit card? 

 

 

[AndyOrch]

No difference send a SAR.

 

Andy

[dx100uk]

Going by your last thread..you were going to cease all debt payments and send some cca request s..did you?

Or have you just blindly kept being cash cowed on all your debts??

 

Dx

[gami]

Blindly

 

So I've got my SAR ready to go - but I can't find any information for the account on paper in my home.

 

I can't even find a reference number from payments.

 

Do I send the SAR and just note that or is it best to call them up to get the details?

If they'll give me them. 

[dx100uk]

About time you stopped paying the debts then and take the advice given ages ago.

 

an sar is info they hold on you..doesn't need an a/c no.

read all the posts in the link too!!

[gami]

Appreciate the support and patience.

I've found the link but can't see this query answered can you advise?

 

I have a Barclaycard credit building for about 18 months now, small limit and such used and paid off well for food shops.

As I understand the SAR will also pull this data too.

Is there any possibility this will cause that card to be cancelled, or the credit used to offset this debt at all? 

 

[dx100uk]

no creditors can't take retaliatory action upon a legal request

 

not sure where your are getting all these weird ideas and advice from... certainly not here on CAG.

 

dx

 

[London1971]

SAR is a completely different department who do not know the reason why you are making a request. 

[gami]

 

I finally have my SAR for the account, it wasn't originally sent. I can see some interest applied early on when I was struggling to make original repayments and making token payments.

 

Is this the same situation as a credit card fees? Complete the sheet with interest rate applied?

 

They've also sent the agreement - this was something that had to be physically signed but these don't have my signature on, but reading I think that doesn't matter and is okay?

[dx100uk]

if the loan is still active yes. reclaim at their int rate.

 

have a look through the account/comms log, are you sure this has not been sold on yet?

 

 

 

[gami]

So it's never been sold. There's no default notice in there but it's defaulted- it's not on file anymore, it was with BCLYS Collections.

 

Yet all the arrears statements till now are from BCLYS Professional & Career Loan Department as of 2020.

 

On the 2013 annual statement (2013) it states

Annual Interest Rate

0.00% - 28 Sep 12- 30 Oct 12

9.90% - 31 Oct 12- 9 Jan 13

0.00% 10 Jan 13- 5 Aug 13

0.00% - 6 Aug 13 - Current

 

Using the sheet, the interest charged is approx £192. There's £137 in Dec 12, and £54 in Mar 13 (when their statement says 0.00% interest.. but ..)

 

I'm not sure when the end date was for default so can't work out the payments. I'm a bit confused all together to be honest there's lots of copies of the same doc in the SAR which doesn't help.

 

[dx100uk]

might be better to use the statint sheet then.

or poss the fosci

 

 

 

[gami]

Am I putting the default date in the claim to? 

[dx100uk]

leave that alone

it will calc your redress on a daily basis if you are using the statint sheet? till they settle

[gami]

StatinCAG.xlsLike the attached?

[dx100uk]

i'm trying to workout what you are reclaiming here.?

were there lots of penalty fees - fixed sum fees like late payment/letters/arrears/dd refusal

 

you say you sent a CCa request to them and they failed to comply?

 

[gami]

Those are the only charges as far as i'm aware, sorry I think I've misled you and gone the wrong direction. I don't think there's anything to reclaim.

 

It's never been sold on, is still with Barclays.

 

The attached is copies of what was in the SAR, has my name & everything on i've not sent a CCA but this looks correct? I think

 

 

Sar.pdf

[dx100uk]

but is it signed by you?

 

[gami]

There’s no signature. There’s letters about the docs coming back but I can’t see any agreement with my physical signature.

Edited September 20, 2020 by gami

[dx100uk]

so 3 1/2yrs ago you were advised to send all you pay a CCa request

i will guess you never did?
 

[gami]

Not to Barclays as I have read consistently if the debt is still with the original buyer the chances are they’ll have the records. The more it’s sold on the less likely it’s kept?

 

I’ll send one tomorrow. 

[dx100uk]

it's certainly rare an original creditor does not hold recent credit agreements.

but if they don't, then barclays are certainly one that don't argue should they fail the request and you stop paying.

[gami]

Cool I’ll get one out today. I was just concerned as what they sent in the Sar from reading what’s a valid agreement looked right?

[dx100uk]

but no proof you signed it...anywhere

i will gather you did sign a copy and mail it back?

 

 

dx

 

 

[gami]

Yeah I had to. There’s correspondence in the coms log in the SAR chasing these back in the day too.