PRA Settlement - old MNBA Card debt around 3 years old

[dx100uk]

you make a payment on a debt it resets the SB clock regardless (unless it's already SB'd ofcourse!)

 

a CCA request does NOT reset SB it's a legal request

 

dx

 

[The GodMother]

Was there PPI how about charges for not paying etc 

[NicMafia]

no, none

[The GodMother]

Still send a cca to pra and a sar to mbna 

[NicMafia]

Thank you for your email.

We are happy to accept £****** to clear the balance on this account. Paying this amount will be accepted as a full and final settlement on the account, which means your account will be closed and we will not contact you again about it. 

 

If appropriate, your credit file will show as ‘Default Partially Satisfied’ when you make a settlement, instead of ‘Default Satisfied’ if you have paid the account in full.

 

If you are looking to pay this by bank transfer, please use the below details;
Bank Transfer / Cash Payment **Remember to quote your reference**
Royal Bank of Scotland
Sort Code: 16 00 02 & Account Number: 21117336

 

This offer is available until 20 July 2021; if you want to accept it, please contact us to set it up.

 

I have put your account on hold for 30 days; during this time we will not contact you about this account.

 

Your account is on hold till 22 July 2021. If we don’t hear back from you during this time, it may result in further steps being taken to resolve your account. For more information please call us on 0808 196 5550 .

 You can let us know, by:

• replying to this email; or
• calling us on 0808 196 5550 .

 Yours sincerely

 

---------------

 

So its a full final settlement, the balance will be 0? Im assuming remaining balance wont be sold on?

[dx100uk]

hows the CCa going? 

 

if they've not got enforceable paperwork , you can drive them down further.

 

as for what will show on credit file and if they'll sell things on.

yes it happens but as long as you get the settlement in writing only not email

that should head other fleecers off at the pass.

but you must ensure you lockdown any debt you F&F with a DCa with no loopholes.

 

 

[NicMafia]

Full and final settlement means the remaining debt cant be sold on?

 

Is that true?

[dx100uk]

no, we have seen DCA's scam people.

 

did you send the CCA request?

 

 

[NicMafia]

Are they allowed to do that, pra have stated they will accept full final settlement to cover the debt, the account will be closed.

 

They can still sell it on? This cant be right, surely fca have to have a word?

 

The debt is less than 3 years old, cca is pointless in my view..

[dx100uk]

so why did the OC sell it on???

why are you being repeatedly offer discounts

think about it....

 

for the sake of £1 it could save you £100's more if they don't have enforceable paperwork.

the fact the debt is only 3yrs old is immaterial.

the card dates from 2016.

DCA's have lost MBNA court cases here for not holding a CCA for that period here already several times.

 

19 minutes ago, NicMafia said:

They can still sell it on? This cant be right, surely fca have to have a word?

 what has a DCA got to do with the FCA

 

you seem very very green about debt buyers/dca's 

they are NOT BAILIFFS

and have ZERO legal powers on ANY debt - no matter what it's type.

 

you should never ever ring a scamming DCA nor pay them anything ever unless they are nailed firmly in their box.

[The GodMother]

Agree with DX. Why did the OC sell it on if this is such a dead cert case. Surely they would have took action in collecting ad or court. 

 

[dx100uk]

£8k debt, OC sold iton, DCA offers several discounts one 65%

something is wrong ...find it!!. 

could mean you don't have to ever pay a penny!!

 

did you ever SAR MBNA??

 

and another thing thats not been asked...

why are these fleecers using email?

have youy moved since taking this card out in 2016?