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    • Email,. today from BW Legal    Without Prejudice Save as to Costs 09 April 2020 Dear XXXXXXX Our Client: PRAC Financial Limited Balance Due: £521.65 Hearing Venue: XXXXXXXX Original Creditor: Instant Cash Loans Ltd trading as Payday UK Original Account Number: XXXXXXX Hearing Date: 16 June 2020 We are writing to you because the court has listed our client's claim for a court hearing on 16 June 2020. We understand this is a difficult time for everyone, which is why our client is keen to resolve matters amicably by offering you the opportunity to pay a discounted balance on the sums due. We wanted to let you know that we are available to assist you throughout this time via numerous methods, from our Contact Centre, Webchat and our Customer Portal. We want to ensure that if you are or have been directly or indirectly impacted by COVID-19, that you still get to the best advice and reassurance about how to manage your account with us. Please call us on 0113 468 3021 or speak to us via Webchat so we can assist you at this time, we just need to understand your circumstances in order that we can help. Great News - 35% Discount Offer Our client wants to help with any possible financial burden that you may have and we are able to now offer you a pre-approved discount. This can be paid in one lump sum, or you can pay this over a pre-agreed instalment plan. This offer is open until 09 May 2020. What is even better for you is that you do not need to call us to accept this offer if this is affordable to you. Just log in, or register to use our Customer Portal www.bwlegal.co.uk and select "Customer Login". The pre-approved settlement and plan is ready for you to accept. You need to quote our reference, along with your address details and a couple of other security questions in order to register. Our Customer Portal is very easy to navigate and you can choose various different payment methods and payment dates. You can also use the payment calculator, view your account, statement and talk to us via Webchat if you need assistance. Strictly, without prejudice, the discount available is 35% from your current balance. If you do take advantage of the offer, the revised amount to pay will be £339.07 if paid by 09 May 2020. If you cannot afford to pay the discounted amount in full, do not worry. If affordable for you, you can still take advantage of the offer by repayment plan. We have a pre-approved monthly instalment amount of £20.00. The plan has been recommended to take into account estimated disposable income. We have also made it easy for you to accept the offer without having to call us. If this is affordable to you then simply log onto our Customer Portal and accept to pay the offer by instalments. You will be able to choose the first payment date and payment method. Once the offer has been accepted, we will withdraw the claim and notify the court that the hearing listed on 16 June 2020 does not need to go ahead. If you have filed a counterclaim, you will need to ensure that you inform the court and ourselves, in writing, that you no longer wish to proceed with the counterclaim. Important information about credit reporting When you opt to set up a discounted repayment plan, if our client already reports your account to a credit reference agency then they will continue to report your balance and payment each month. On receipt of your final payment, our client will then mark your agreement as closed with the status "settlement".   Yours sincerely, BW Legal
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davey77

Mint letter - my possible reply?

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Had this letter from Mint (RBS) today after communications regarding my debts the last couple of months where i have explained i have no job, offered £5 a month, asked them to freezer interest/charges and given income/outgoing statements but i am a little unsure of how to respond to this now. Any suggestions appreciated!

 

Dear Mr x

 

A default notice has recently been served on you. As the amount requested in the Default Notice has not been received, your account has been terminated.

 

Full payment of your outstanding debt is now required within 14 days. However, I note that you have made a request to repay the debt with low monthly payments. As the suggested amount is less than the required 2.25% payment, after 14 days your account will be transfered to our debt recovery office. You will then be contacted regarding the outstanding balance, in particular your request to make payments below the required 2.25% of the balance each month...

 

..Interest will continue to accrue at the contract rate...

 

Your account will be reported to the credit reference agencies as a default if repayment proposals acceptable to the bank have not been made within 28 days of the date of this letter. If this becomes necessary, your name will remain registered for 6 years.

 

L Angell

Manager customer assistance

collections


:!: -Any advise I give is based purely on my own experience. It should not be solely relied upon as I am NOT a legal expert and any major decisions you make should not be based on my opinion alone -

HFC Bank - Davey vs HFC

Barclays - Monthly payments made

Cahoot - Agreement received, awaiting 2nd agreement after DCA.

MBNA1&2 - Agreements received. (Currently in limbo)

Halifax - Davey vs Halifax/Cabot

MINT - Davey vs Mint

Amex - Davey vs Amex

Cap1 **WON** £1,500 Written Off Davey vs Cap1

 

Never Sign Anything

 

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Had this letter from Mint (RBS) today after communications regarding my debts the last couple of months where i have explained i have no job, offered £5 a month, asked them to freezer interest/charges and given income/outgoing statements but i am a little unsure of how to respond to this now. Any suggestions appreciated!

 

Dear Mr x

 

A default notice has recently been served on you. As the amount requested in the Default Notice has not been received, your account has been terminated.

 

Full payment of your outstanding debt is now required within 14 days. However, I note that you have made a request to repay the debt with low monthly payments. As the suggested amount is less than the required 2.25% payment, after 14 days your account will be transfered to our debt recovery office. You will then be contacted regarding the outstanding balance, in particular your request to make payments below the required 2.25% of the balance each month...

 

..Interest will continue to accrue at the contract rate...

 

Your account will be reported to the credit reference agencies as a default if repayment proposals acceptable to the bank have not been made within 28 days of the date of this letter. If this becomes necessary, your name will remain registered for 6 years.

 

L Angell

Manager customer assistance

collections

 

Are you claiming back unlawful charges from them? If so then they can't default your account as it is in dispute ... if not then they can't get you to pay money you don't have ... basically they will prob pass your debt to a debt collector & possibly take you to court which will result in a CCJ & the judge will order you to make payments. This isn't totally bad news as they will consider your disposable income & you will be able to pay an affordable amount ... also if it goes this route it's apparantly more likely that the interest will get frozen.

 

There is nothing you can do about the bad credit record/default if this happens as basically if you can't afford to pay then it is justified to go on your record.

 

I've just started a DMP with the CCCS & they give lots of advice about this sort of thing ... here is a link to their website if you think it may help you. CCCS -

 

At least you've been trying to speak to your creditors & keep them advised of your situation rather than just ignoring them .... this is the best policy ...

 

Hope this helps .... good luck :)


links to my current claims ...

My claim - Yorkshire Bank Visa

chezt V RBS Mastercard

Chezt v RBS Joint Account

chezt v Abbey Credit Card

 

Settled ...

chezt V Duet Card/Creation Finance

chezt v's Studio Cards

chezt v's Littlewoods Catalogue

 

Next ...

Abbey Joint a/c & Single a/c

Barclaycard (Mine & Hubby's)

Anyone else I can think of ...! :rolleyes:

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Thanks for that Chezt. Actually a letter from mint this morning says they are freezing interest and charges and letting pay £1 for 6 months so i've got some breathing space now at least. Thanks for the CCCS link too! :)


:!: -Any advise I give is based purely on my own experience. It should not be solely relied upon as I am NOT a legal expert and any major decisions you make should not be based on my opinion alone -

HFC Bank - Davey vs HFC

Barclays - Monthly payments made

Cahoot - Agreement received, awaiting 2nd agreement after DCA.

MBNA1&2 - Agreements received. (Currently in limbo)

Halifax - Davey vs Halifax/Cabot

MINT - Davey vs Mint

Amex - Davey vs Amex

Cap1 **WON** £1,500 Written Off Davey vs Cap1

 

Never Sign Anything

 

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Thanks for that Chezt. Actually a letter from mint this morning says they are freezing interest and charges and letting pay £1 for 6 months so i've got some breathing space now at least. Thanks for the CCCS link too! :)

 

That's great news ... such a relief ... well done :)


links to my current claims ...

My claim - Yorkshire Bank Visa

chezt V RBS Mastercard

Chezt v RBS Joint Account

chezt v Abbey Credit Card

 

Settled ...

chezt V Duet Card/Creation Finance

chezt v's Studio Cards

chezt v's Littlewoods Catalogue

 

Next ...

Abbey Joint a/c & Single a/c

Barclaycard (Mine & Hubby's)

Anyone else I can think of ...! :rolleyes:

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just be careful hey still dont enter the default against you.

 

i had an arrangement to pay with them, they agreed the amounts, froze interest,accepted the payments, but still entered defult on my credit file.

 

i am fightingthem now to get this removed, as i feel its not an acurate reflection of the account, but not having much luck as yet!

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just be careful hey still dont enter the default against you.

 

i had an arrangement to pay with them, they agreed the amounts, froze interest,accepted the payments, but still entered defult on my credit file.

 

i am fightingthem now to get this removed, as i feel its not an acurate reflection of the account, but not having much luck as yet!

 

As I pointed out in my first post - unless the account is in dispute (ie you are claiming back charges) then unfortunately there will be nothing he can do about the default as he has defaulted ... I'm not sure if this is the case or not :)


links to my current claims ...

My claim - Yorkshire Bank Visa

chezt V RBS Mastercard

Chezt v RBS Joint Account

chezt v Abbey Credit Card

 

Settled ...

chezt V Duet Card/Creation Finance

chezt v's Studio Cards

chezt v's Littlewoods Catalogue

 

Next ...

Abbey Joint a/c & Single a/c

Barclaycard (Mine & Hubby's)

Anyone else I can think of ...! :rolleyes:

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