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Defaulting an overdraft as to 87(1)


obiter dictum
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I have a cashplus pre-payment mastercard.

 

They even gave me a £100 overdraft.

 

I used the overdraft and

 

i ran into financial difficulties.

 

They sent me a Default notice served under 87(1).

 

The card is back in credit after about 8 months of receiving this default notice

and no Default has been registered with the credit agencies.

 

My question is:

 

Can cash plus issue a Default notice just on the overdraft and register the default with the credit agencies.

 

I know this is all academic but just interested to find out

 

Thanks

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yes check the T&C's

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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