Link and allied irish bank Saga Card debt - Can Link add interest/

[shedder101]

Early 2000 I was offered a saga credit card @11% apr 3100 limit at the time all the rest were around 19%.

I used the card for several years.

In 2016 I gotta a letter saying they were closing down the card, it turned out it was issued from a Irish bank and with the brexit vote they were not continuing the offer. Typically. I had used the card to finance a home improvement project as it was cheaper than a loan from my bank at the time. 

I wrote to the card provider and got a letter back stating no alternative card would be offered and I had 3 months to pay the balance owed, the card was closing.

Well I didn’t have the funds to pay and I told them that, the card was put in default on my credit report and then closed.

I  had a couple of letters from a company sorry I cant remember who but nothing hard just asking for the full balance, I ignored it as I couldn’t pay and I had told them that.

About 12 months passed then I had a statement showing my account with interest one month added from Link Financial , nothing else just the statement. I ignored it,

since then I get a statement from them every month adding interest that now stands at over 5K.

I get the odd email asking for payment no calls or threats

my question is can

link add 11% to this debt every month?

Or is it as I think no allowed.

Merry xmas all 

[dx100uk]

if it was not terminated yes.

when was the last time you used it or paid anything?

and who is the original creditor

dx

[shedder101]

Hi DX

last payment was dec 2017 and the account was closed on credit file 3 months later 2018 

creditor was allied irish bank card closed due to brexit it said on the saga letter

card debt letter from Saga said to pay it off or it would be sold on to link,

since april 2018 had a statement each month showing interest charged,

i have not made a payment or ever been in correspondence with link ever and only one letter to saga to tell them i couldn't pay

[dx100uk]

is there a defaulted date noted on the credit file?

have you moved since YOUR last contact with anyone regarding the debt?

dx

[shedder101]

account only shows on equifax - clearscore as closed balance 0 

 and no i haven't moved or contacted anyone since the last payment

 

[dx100uk]

well if Link are charging int then there's probably no default notice issued.

if last payment was :

7 hours ago, shedder101 said:

last payment was dec 2017 

wait until the new year (6yrs) and send Link our statute barred letter from the debt collection section of our library.

dx

[shedder101]

ok have a good xmas