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Hi there, thanks for the reply actually part of the settlement agreement from me was that they removed the (defaulted) account from my credit file completely, and they did! I have an email and a letter from them thanking me for my telephone payment and accepting it in FULL AND FINAL settlement of my account. I'll try getting back to them first but I suspect I'm probably actually looking at the FOS for help now to be honest, I think that's what the letter stated my only recourse would be from here so at the end of the day I have to be as open as it as possible. 75% of £2200 is better than nothing and it seems to make sense to me that I paid 75% of the overall amount (even taking all their questionable charges into account) so I should, at least, be entitled to 75% of the claim for mis-sold PPi?

That's what I thought too. They were happy enough to accept this full and final payment over 5 years ago, full and final to me means just that. Or what about this way. I took out a loan with a total amount to pay with PPI of £5454 I paid them monthly payments totalling £2878.50 + £1200 to settle the account which = £4078.50 or 75% of the total loan had I paid every monthly payment. So give me 75% of the £2200 of the PPI you have agreed you have mis-sold me? Does that not make sense? Thanks for the reply. Yes I have both a letter and an email from two different people at that company stating "We refer to our telephone conversation on the 18th January 2008, and confirm that we have accepted the sum of £1,200.00 in full and final settlement on this account."

Sorry for bumping an old thread but anyone else got any take on this? I'm in the same boat, settled full and final with welcome finance for £1200 (have it in writing) on a 3500 balance. PPI claim accepted in my favour for £2200 but they're keeping it saying the account was closed with a balance and they're well within their rights to keep the lot.

Probably a simple one. On 07/07/2003 I took out a 2nd Welcome loan for £2451.90 (paid off some of an old loan with the new one) Loan: £2451.90 PPI: £780.70 (told my loan would be refused if I never took it, was not applicable to me as I was self employed) Total: £3232.60 APR: 45.1% Period: 36 Months Repayments: £151.50 In total I mate 19 payments of £151.50 then never paid anything after that as I got into real financial hardship, they charged me in total £450 for failed DD's, phone calls and visits to my home. I still owed them £3560 In 2008 I offered them a one time payment of £1200 in full and final settlement of the account and they accepted. Earlier this year I started a claim against them for miss selling of PPI. The short of it is they found in my favour to the tune of £2200 odd but at the end of the letter they said that I would not receive anything as the account was closed with an outstanding balance around the same amount as my PPI claim, essentially it would all be offset against that? What's your thoughts? Can I argue that having accepted my payment as a full and final settlement then I should be entitled to my PPI refund? Thanks

As the man above says.

Anyone?

Did you have any joy? Did they put anything on your credit file at all?

I'm more talking about if you default on a Payday loan agreement. Had anyone actually had anything (defaults, late payments etc) applied to their credit files as a result of defaulting on a Payday loan agreement? Thanks!

Anyone? Had anyone had anything bad left on their credit file by not paying a payday loan?

As title, Has anyone ever had negitive information put on their credit files by a Payday Loan comapny? If so then: What Company (Wonga, PTP etc) What Information (default, late payment mark?) Cheers!

Something as in what? late payment marks?

I might be wrong here.... but .... going by your Avatar then it might actually be simpler than all this. I had a 4 year old CCJ thrown out by the court on the grounds that I live and always have lived in Scotland. The creditor had just run a moneyclaim on me and they (Moneyclaim/court etc) never clocked on to the fact that I live in Scotland and should never had a CCJ in the first place. I simply pointed this out to Northampton County Court (via email), 3 months passed and I had never heard a thing so called them... woman called back a hour later and advised me it had been thrown out by a judge on the grounds that it should have never gone through the english court system in the first place... Is that of any use to you? Or do you now live in England?

Not true, they have a HUGE sales team that travel around all the Debt Collection events around the UK, cold call DCA's, advertise in trade media (magazines, websites etc) selling our personal data to any tom, dick or harry Debt Collection Agency that are willing to pay for it. I do hope we get some moles in the new year though, that would be fantastic!

That would be selling our personal and financial data to any tom, dick and harry DCA outfit that's willing to pay for it.

"insight" is the database that Experian use to store our credit files. What they are saying is that the account was last updated by the creditor in Feb 2004 The account will drop off 6 years after the default date

Haha what did I say!!! National Hunter: The credit agency no-one has heard of | Money | The Guardian

With regards to the bank account I would simply write to the customer relations department stating that obviously had it not been for the unlawful charges applied (and interest added on top) which have since been refunded in full then the account would never have gone into default. Is the default amount equal to or less than the amount that was refunded? RBS were quite reasonable when I was in the same situation and "de-registered" (removed altogether) the account from my credit files the following week.

Good find... still waiting for my SAR from them.

Have an agreement written up that states any money you have to spend on the property to get it ready for sale will be split equally between your half brother and you so even if you have to come up with the cash initially as soon as it's sold then your half brother has to give you half of this back from his share of the money from the house?

Was just looking at my car insurance policy too, it also comes with free legal cover and interestingly it's not just for motoring disputes, seems to cover a wide range of legal issues so might be worth checking that too. Good luck, keep us updated.

I think Hopeful1 was actually referring to you directly. If you have your own house insurance at your own property then you will more than likely have legal cover too. Here's the info from my M&S home insurance that talks about legal cover. Legal Expenses Cover Legal advice bills can be very expensive, so we’ve created optional Legal Expenses insurance, available with either policy and worth up to £50,000, This covers events such as contract disputes, personal injury claims, employment disputes and motor prosecution defence. Call them up and see where you stand, that's what it's there for

Well you have awnsered your own question surely? If your friend owed £100 and you owe £800 then logic would tell me that there's a very good chance you will fail the credit requirements of the bank too unfortunately.

I simply cannot bloody believe this!! After working so hard over the last 18 months to clear up my credit file I have just this evening checked my Experian file to fine a bloody CIFAS catagory 4 (application fraud) marker in someone elses name at my address (well the building not the flat!) Name used: NOT MY NAME BUT HAVE SEEN MAIL FOR HIM Date of birth used: 16 December 1980 Address Used: MY BUILDING NUMBER BUT NO FLAT NUMBER Date information was recorded: 07/08/2008 Members Name: BARCLAYS PAR FIN Members Address: 10000 ACADEMY PARK, GOWER STREET, GLASGOW, G51 1PR Case Reference: 08408795A Product Type: Personal Loan – Unsecured Type of Case: Application Fraud (Facility Refused) - an application/proposal for any facility with one or more material falsehoods in the information provided - the facility was refused. Reason for Entry: Refer to CIFAS member What the hell do I do about this??? I don't know the guy but I have seen mail for him at my address (large old building conveted into flats) This is going to kill my credit worthyness I have worked so hard to build up! __________________ Completed: RBOS Charges - £2435 settled in full RBOS Default Removal - Removed Carphone Warehouse Default Removal - Removed Welcome Finance Default Removal - Removed Viking Direct CCJ - Removed Littlewoods Default - Removed Ongoing: No more default's or CCJ NOW to try and get some late payment's removed!

Did you get anything back at all?