Money Village taking over from spectrum letter

[terryduff]

Trying to upload letter but using a mobile not computer and can't do it ,sorry

[dx100uk]

and have you PC then.

 

dx

[terryduff]

Ill type its contents please ignore my spelling mistakes

 

Dear XXXXXXX

 

We have been trying to contact you regarding your Statement of Affairs which is now overdue for its required review

 

.It is important that the Statement of Affairs is a true and accurate relection of your current circumstances

and must be recviewed on a 12 monthly basis or if your circumstances change.

 

Your creditors have now requested an updated Statement Of Affairs and failure to provide one

may result in increased phone calls and letters from your creditors,decline and default notices, and possible legal action taken.

 

We urge you to get in contact with our Review team within the next 7 days so that we can discuss these matters with you.

 

Please contact us in 0844 567 3133.

our opening hours are Monday to Friday 10am to 5pm.

 

Please have available the following information when you ring;

 

Details of your income-wage slip,bank statements,benefit amounts and details of any other source(s) of income

 

.Details of expenditure-bills(including utility,council tax,telephone,etc),bank statements,rental/mortgage amounts,house keeping,

and details of any other expenditure.

 

We look forward to speaking to you soon.

 

Stephen Broadhead

 

Money Village Review Team

 

It would be overdue because I haven't done one for more than 7 years

and if I need to do this is there a guide to how much i can spend on housekeeping,

car and its running costs etc?

Thanks

[dx100uk]

you do not need to do anything of the sort.

 

get an sar off to them.

 

if you must reply

 

you reply simply saying my old DMP was with spectrum

 

why are YOU writing to me?

 

dx

[terryduff]

Thanks again for the quick reply

 

do I send an Postal order for the £10?

 

I received a letter from spectrum saying it would be transferred to money village aweek or 2 ago i have this somewhere,

 

i read elsewhere spectrum was to stop trading and money village have something to do with the bloke who ran spectrum.

 

at this stage do i send a cca to expertocredite?

 

and does the 7 years with no contact help me in anyway?

 

i forgot just how ill all this stuff makes you feel

[dx100uk]

they cant just 'transfer you' to money way

 

'just because' some bloke related to spectrum owns it.

 

you are being HAD BLIND

 

and have been since day one

stop paying

 

yes £10 PO

 

dx

[terryduff]

have done the sar its ready to go on monday,what do you recommend for the dca that contacted today is a cca the way forward and is their a paticular cra that i should use, i was thinking of using checkmyfile

[dx100uk]

if the creditors have not been getting any money....

sorry but I have serious doubts they have.

 

then debts could now be barred.

 

i'd get that sar done

 

and await the full statements.

 

are you aware of what debts are /were supposed to be paid by spectrum.

 

dx

[dx100uk]

noddle is a free cra file provider

[terryduff]

yes

 

1) Natwest £ 1,200.00

2)jjb debt recovery £ 400.00

3)mint £ 4,331.97

4)gcc debt recovery limited £ 1,382.32

5)rma ltd £ 238.14

6)link financial ltd £ 4,400.00

7)intrum justitia £12,364.50

8)open and direct £ 166.50

9)littlewoods £ 1,221.22 that was as of may 2007 ,

 

the intrum justitia one has moved to expertocredite and is more at £13,523.18

but their letter said they receive the £1.00 pcm but want a statement of affair with a view to it increasing

Edited July 26, 2014 by terryduff
to make the post easier to read

[terryduff]

noodle won't work for me unfortunately

[dx100uk]

try the others or you don't have a card ?

 

Credit Reference Agencies:Experian Equifax CallCredit noddle

[dx100uk]

yes

 

1) natwest £ 1,200.00

2)jjb debt recovery £ 400.00

3)mint £ 4,331.97

4)gcc debt recovery limited £ 1,382.32

5)rma ltd £ 238.14

6)link financial ltd £ 4,400.00

7)intrum justitia £12,364.50

8)open and direct £ 166.50

9)littlewoods £ 1,221.22 that was as of may 2007 ,

 

the intrum justitia one has moved to expertocredite and is more at £13,523.18

but their letter said they receive the £1.00 pcm but want a statement of affair with a view to it increasing

 

what were the original debt types and who with?

 

most of those are very well known fleecers

 

time to get some CCArequests off me thinks

[renegadeimp]

Just from that list it looks like you have been marked as gullible and they are trying their hardest to turn you into a cash cow.

[terryduff]

The nat west was an overdraft and

 

i think the Intrum Justitia(now expertocredite) was originally nat west unsecured loan or maybe halifax.

 

link financial was mbna credit cardand

 

the others were catalogue type debt i think,

 

i will send my sra on monday to money village

[dx100uk]

get some CCA requests off

 

dx

[terryduff]

Done a cca for expertocredite to go Monday,I'll do the other when I know who has the debt as my list is 7 tea s old

[trymybest]

Money Village was a re-brand of the old Spectrum Finance after they appeared on Watchdog a number of years ago

they have been running two different entities for a number of years now.

 

I think the letter that you have now received is a result of the recent FCA takeover of the consumer credit industry,

maybe trying to tidy up their shop either that or they are looking at selling you on to another dm company as an asset

which is readily happening in the Debt Management industry at the moment.

 

If you were on an IVA it should have only lasted for 5 years but you can search the Insolvency Register to see if you are on there.

 

My advice would be to contact your creditors to see exactly where you stand with each of them.

 

If you still have debt's consider using the free sector.

[dx100uk]

http://www.consumeractiongroup.co.uk/forum/showthread.php?42962-Spectrum-Financial-Protection

[terryduff]

Although I have sent an SAR TO money village

 

I've got a some sort of a statement off them today

 

only one of the balances is less than it was

 

the others are more or the same as they were 8 years ago

 

but none of them are on my credit file,

 

I will be ditching this lot

 

but am wary about getting in touch creditors again after years of peace from them,

 

any suggestions for my next move?

Thanks

[dx100uk]

you don't contact the creditors.

 

you await the forest that might come thru your door

 

and post the letters up here.

 

dx

[terryduff]

I have received a letter from Experto Credits which is as follows:

 

My address

 

30th July 2014

 

Dear Mr *****

 

Our Reference: *******

Client Reference: *******- Nat West Bank

Outstanding Balance: £13,523.18

 

Thank you for your recent letter dated **/**/****.I can confirm that no interest or charges are being applied to the account.

 

Please be advised that any requests under Section 77/78/79 of the Consumer Credit Act must be sent in writing to The Royal Bank of Scotland, at the address below along with the statutory £1.00 fee.

 

The Royal **** ** *******

**************

***********

************

***********

*******

 

Please see enclosed returned Postal Order.

 

If you require any further assistance please do not hesitate to contact us on **************

 

Yours sincerely

 

 

R Saunby

 

Collection Support

 

 

What's my next move please?

 

Thank you

[dx100uk]

really so they've being getting money for years and they are required to hold the CCA

 

urm..

 

I think what you might need to do

is start a new thread for each debt

 

in the named forum of the original creditor

from the top left main forum tab

 

dx

[terryduff]

I also got a reply to my SAR request,I never signed it and they need that to verify my identity which seems odd since the keep sending letters to me at the same address and they never returned the postal order

[terryduff]

And they also want me to confirm my date of birth? Is this normal

Thank you