Argos Card charges

[Movingon]

The people who run the Argos storecard charge £17.50 for every late payment of one's account - is this high enough to be unreasonable? Should I begin the process against them?

 

Thanks in advance.

[Bookworm]

Yes. And yes.

[Movingon]

Thank you. And thank you.

[jem]

i would like to do the same with argos but i have no idea what to write on the letter can anyone help me out here? thanks

[Guest Lueeze]

Please start your own thread Jem, that way we can help

 

Louise x

[JED]

Owed Argos just £166 and made offer through Payplan (pro-rata with other debts) They took money for several months, still adding on interest and charges each month. Now they have passed the debt, which has increased to £228.79, to Moorcroft Debt Recovery Ltd - pre court division who sent me a 'Notice of intended Litigation' dated 28/12/06 stating I have to pay the debt in full by 2/01/07 or phone them immediately, or they take me to court and the debt will rise to £323.79 with solicitors and court fees. I tried phoning - no answer and Payplan don't open til 2/01/07. They have also charged me £12 for the letter! Why are they making such a fuss over £200+ when Bank of Scotland, Egg, GE Money have all accepted monthly payments and stopped all interest/charges indefinately?

Sheriff of Nottingham eat yer heart out, Argos beat all for taking from the poor! And a happy Christmas to all.

[demon_x_slash]

JED - don't phone them, always write. Start a thread in Debt and Bailiffs and you'll find out just what lying so-n-so's Moorcroft are. They can't make you pay in full, they HAVE to accept installment payments, and so does Argos! Have a read through of the OFT's debt collection guidance and a few threads in the above section.

 

http://www.oft.gov.uk/NR/rdonlyres/9018331A-389E-487E-A1C2-2161AC53697C/0/oft611.pdf

[CrankyBird]

I have got an argos card and i find it very reasonable, I think the idea is to pay the items before you get charged interest?? Unfortunately they give them to anyone- especially people who can't afford to have one and then end up going Bankrupt and costing the tax payer more money Simple solution is if you can afford to pay-don't use it

[Movingon]

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