Partners credit

[arigold1]

Just tried to open a new bank account with someone we don;t owe money to (HSBC) - got turned down !

Have a meeting with them on Friday where i'll try to open a basic one...

 

If that fails I need to consider following options

 

1. I have two current accounts with Halifax, one has nearly £5k overdraft, the other is a basic account with no overdraft. If I left money in the basic one could they / would they take it to offset the overdraft ?

 

2. If I open basic bank account with barclays would they be likely to offset this agains what we owe on Credit card ?

 

Both above on basis that we offer token payments.

 

Thanks

[dx100uk]

co-op they'll do it online

or on the phone

you don't need any CRa checks

 

dx

[arigold1]

Hi,

 

Co-op account should be open this week & then i'll get letters off to all, informing that we can only make token payments, thanks for advice...

 

I'll be looking to get checking that debts are enforceable & start reclaiming any charges / PPI.

Would like the forums help guidance on this, whats the best way to begin, i'll have proper read through the basics & templates, but then is it start a thread in each respective bank / lender area & go from there ?

 

Thanks

[dx100uk]

yea sure

 

as the paperwork rolls in

 

start a thread for that debt and ask away.

 

dx

[arigold1]

ONe last question (I think) on the general side before I start individual threads.

 

Should I CCA my existing creditors before 'telling' them what I can afford to pay or can this be done afterwards ?

 

Is there a step by step guide for best order to CCA / PPI / SAR etc in ?

[dx100uk]

cca is certainly the first move

 

get the off today

 

as for the offers, once you know the debt IS enforceable, then we'll look at that.

 

if you've not got all the statements

 

then an sar to each 'banking group' should give you all the info that 'group' has on your debts.

 

if you suspect that reclaims might outweigh the outstanding balance

then you 'offer of payment' should be pitched low [say

 

dx

[arigold1]

Due to unforseen personal circumstances - i'm only just getting round to sending off the CCA requests this week - have just been ignoring phone calls & letters .....

 

Is there any negative effects to sending a CCA request ?

I.e. they will view any future negotiation negatively ?

 

If not, i'll get off this week & get organised !

 

dx - thanks for all your help on this.

[maroondevo52]

 

Is there any negative effects to sending a CCA request ?

I.e. they will view any future negotiation negatively ?

 

There shouldn't be, The CCA request is your lawful request under the Consumer Credit Act, part of the CCA request to a DCA or OC involves the DCA or OC actually demonstrating that they have the lawful rights to make demands and collect on the debt in question.