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MBNA Debt passed to Credit Security Ltd


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Hi, I hope someone can help with some information/advice please.

 

A couple of years ago I got into financial trouble; stress, depression, divorce, gambling, amongst other things.  I had a debt with MBNA that I'd put on hold as was unable to pay (£6538.12).

 

After my divorce I changed address and moved to parents as had to sort myself out mentally and physically - which I'm happy to say I am now much better.  I recently started receiving letters from Credit Security Ltd who say they've been instructed by MBNA to recover the money (which I know I owe).  They say if I don't pay/contact them they will pass my debt to a Debt Collection Agency, start visiting my (parents') home and add more costs on for recovering the debt.

 

My questions are:

- should I deal with them or with MBNA directly 

- should I offer a settlement sum (and if so, what percentage of the debt would be a good starting point)

- can they add additional costs/pass my debt onto a more ruthless agency

- any other advice please

 

Thanks in advance!

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Hi, I hope someone can help with some information/advice please.

 

A couple of years ago I got into financial trouble; stress, depression, divorce, gambling, amongst other things.  I had a debt with MBNA that I'd put on hold as was unable to pay (£6538.12).

 

After my divorce I changed address and moved to parents as had to sort myself out mentally and physically - which I'm happy to say I am now much better.  I recently started receiving letters from Credit Security Ltd who say they've been instructed by MBNA to recover the money (which I know I owe).  They say if I don't pay/contact them they will pass my debt to a Debt Collection Agency, start visiting my (parents') home and add more costs on for recovering the debt.

 

My questions are:

- should I deal with them or with MBNA directly 

- should I offer a settlement sum (and if so, what percentage of the debt would be a good starting point)

- can they add additional costs/pass my debt onto a more ruthless agency

- any other advice please

 

Thanks in advance!

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Who are CSL's stated clients?

 

You ignore any dca - they are not BAILIFFS 

And have

ZERO legal powers on any debt - no matter what it's type

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

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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You do want it passed it believe me........but it wont be to Credit Security Ltd ....send MBNA a section 78 CCA request for starters and we wil advise further on their response.

 

Andy

We could do with some help from you.

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Has it defaulted. The default date should be on your Credit file?

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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

 

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Can you scan redact and upload a copy of the agreement ?

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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Ok do not pay them a penny , that will reset the Statute Barred clock that has now been running since April '19. Scan up the agreement as post 9.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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

 

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read our upload guide carefully one multipage PDF only please

 

so on CSL letter it states our client MBNA at the top?

 

dx

 

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

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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is that all of it?

 

dx

 

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

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

then IMHO you ignore them all.

 

they'll sell the debt on.

 

 

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

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

Ignore.

 

It's like that scene in Enter the Dragon, when Bruce Lee does the 'art of fighting without fighting'.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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

 

If you want advice on your thread please PM me a link to your thread

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the debt buyer has to jump through lots of enforceability hoops to even think about further action.

 

 

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

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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