Very.co.uk Arrears - Repayment Plan

[pg89]

Hi,

 

Unfortunately my employer has gone into liquidation

 

 

which has meant I am jobless and owed nearly 1 and half months worth of pay

- It looks like its going to take me a while to get this (if I get any of it)

 

 

I have started to claim JSA.

 

 

I have arranged payment plans with several creditors but I am really struggling with Very!

 

I have a very account with a balance of just under £3500,

 

 

I have just had BNPL intrest added which has caused me to go over my limit of £3000

- I have missed one payment

 

 

they are now asking for a minimum payment of £220 which in my current situation, is beyond my means!

 

I have emailed them with an update of my situation,

and income and expenditure sheet

and have told them that I will be making a payment of £33 a month for 6 months or until I find myself a job again

- I was sent the following response:

 

We are unable to accept your offer as it does not meet our minimum payments criteria.

The minimum payment we can accept is for 12 months at £215.18 every 28 days, starting on 19.12.14

Please email us to confirm if you are able to make the payments on the arrangement offered above.

 

There is noway I can pay that at this time, what do I need to do next?

 

 

Do I just continue to make the payments?

 

 

I am also dreading additional "late payment fees" / "debt collection fees"

 

Help!

[dx100uk]

you've done the right thing.

 

 

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>

.

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.

..

.

dx

.

then pay by your internet banking site

.

and get reclaiming

.

TAKE CONTROL

.

or

if you have sent the above and they refuse

then write back........

.

.

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

[*RainbowTears*]

you've done the right thing.

 

 

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>

.

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.

..

.

dx

.

then pay by your internet banking site

.

and get reclaiming

.

TAKE CONTROL

.

or

if you have sent the above and they refuse

then write back........

.

.

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

 

+1

 

As DX is correct, you tell them what you can afford even if it is £1.

 

Very are not a priority debt like Rent, Council Tax, Electric/Gas etc.

 

Very will add on extra charges for late payment etc, but if you have a root around the threads on here, you will find the information on being able to reclaim these charges back.

 

Good luck!

[pg89]

Thank you both, as I have already sent something very similar to the first letter and my payment amount rejected - I will send the response as stated.

 

I will continue to make the payment as I have stated to them but what if they keep coming back and rejecting my proposal? Do I just have to keep telling them I'll be paying £33/per month.

 

Yes I've had a look at claiming the charges back, just trying to dig out statements before I send my SAR letter.

 

 

Hopefully this second letter works, it looks like I just have to be persistent!

[SabreSheep]

Send a SAR letter, ask for ALL data

 

Get the info and begin your fight back

[dx100uk]

send letter two

 

 

and just pay them

 

 

very [pun] low life debt.

 

 

get those charges back too..

 

 

not got their silly PPI have you

 

 

dx

[pg89]

Nope, I don't have the PPI - Just finished my SAR letter as well! Do they often threaten defaulting the account, would like to avoid that if possible.

[dx100uk]

I would suspect your CRA file is already trashed

 

 

p's I hope you've sent CCA request for all your other debts?

 

 

dx

[pg89]

I have late payments, but no defaults as of yet - alothough alot of arrangment to pays will be popping up with my current situation.

 

Yes, I issued CCA requests last week, just waiting for them to come back now.

[dx100uk]

late pay is just as bad.

 

 

and the AP markers never go away.

 

 

its always best sometimes to actually default

 

 

as it will mean the account will be removed from your CRA file on its [the defaults]6th birthday

paid or not.

 

 

dx