Need some advice on a nationwide credit card debt & Fredericksons

[chellehighness]

Hi guys

 

I have a debt on a Nationwide credit card I took out last year.

 

I lost my job in March and missed some payments.

 

I asked Nationwide if I could lower the min payment and they refused.

 

Now they have passed the debt onto a company called Frederickson who keep on calling me.

 

I have now just started a new job.

 

Is there anything I could do.

 

Fredericksons say I have to pay them £2600 now.

 

The debt with Nationwide is just under £2400.

 

I'm only 21 and I really shouldve thought about getting this card because now my credit score is messed up.

 

I dont want to avoid the debt but it seems that they dont understand that I cant pay £2600 right now.

 

Frederickson call me 3x a day and keep texting me

 

Advice on this matter will be amazing

 

Thanks in advance

[dx100uk]

hi and welcome.

 

if freddies do not OWN the debt

then they can safely be IGNORED.

 

your CRa file will tell you who owns it.

 

 

DCA's are NOT BAILIFFS

and

have NO SUCH LEGAL POWERS.

 

stay off the phone

never EVER speak to a DCA on the phone about your debts

WRITING ONLY - put the phone down

 

you are under NO LEGAL OBLIGATION to discuss debt on the phone

nor with a powerless DCA.

 

as for the debt itself.

 

have you got all the statements?

have you lots of PENALTY charges [late/over letter - £12

or

PPI on the card

 

you should look at reclaiming.

 

WRITE to nationwide follow below:

TELL [dont ask] them they are only going to get £xxPCM for xx mts

as a goodwill gesture

and as a reciprocal GOGW they must freeze int & refrain from levying PENALTY charges.

if they wont

drop them to £1PCM for life.

.

as an example>

LETTER 1

.

I am currently in financial difficulties and not able to meet my normal monthly repayments.

to show my goodwill, i am going to pay £5 for 6 mts.

 

i will update you in 6mts time or before, should my situation change.

could you please as a reciprocal goodwill guesture,

refrain from levying any penalty charges & freeze the interest on my account.?

Should you fail to assist me during a period of financial difficulty, contrary to all the guidelines and codes

issued by the relevent bodies and authorities that govern you and the way you conduct yourselves.

i shall have no alternative but to reduce my offer to £1PCM for the rest of the life of the account,

as your actions would do nothing to help me.

i thank you for your time.

signed

.

then pay by your internet banking site

.

and get reclaiming

.

TAKE CONTROL

.

if you have sent the above and they refuse

then write back........

.

.LETTER 2

 

i'm sorry, but you have failed to assist me during a period of financial difficulty,

against all the guidelines and codes issued by the relevent bodies and authorities

that govern you and the way you conduct yourselves.

i repeat again, the contents of my letter dated dd/mm/yyyy, for want of clarification:

to show my goodwill, i am going to pay £XX for XX mts

could you please as a reciprocal goodwill guesture, refraining from levying any penalty charges

& freeze the interest on my account.

i will update you in 6mts time or before, should my situation chance.

should you fail to help by refraining from levying unlawful PENALTY charges & freeze my interest,

i shall have no alternative but to reduce my offer to £1PCM for the rest of the life of the account,

as your actions are doing nothing to help me.

This is contrary to the rules you should operate under.

disgruntled account holder

dx

[dx100uk]

if you consider the DCA calls harassment

 

the send freddies the harassment letter

from our library green tab top left

 

dx

[chellehighness]

Thank you ever so much!!!! It's so stressful. I will write to Nationwide and see how it goes