Wescot and lloyds credit card 'debt'

[spb1957]

I am puzzled by the actions of my bank, (Lloyds) as I had been unable to make payments on my credit card for some 5 months due to having no work.

 

 

I had begun making repayments to what was by now a suspended account

have now received a letter from Wescot saying they have been instructed "to make contact

...to discuss the outstanding balance and the repayment options".

 

Wescot's website says they no longer 'buy' outstanding debts , so if my repayments continue going to Lloyds, why are they even involved ?

 

I do not wish to discuss my financial details with them, and certainly won't talk to them over the phone

( despite their initial letter saying it is 'essential' to contact them within 10 days, I have within that time had 4 calls and a further letter from them)

 

I am also loathe to agree to any large amounts being paid on a regular basis as I am on a zero hours contract and can go for weeks without work.

 

 

I had told Lloyds that I was willing to sign up to a nominal amount and make larger payments when possible,

which I had been, and this is the only way I am willing to go.

Question is, how to deal with Wescot ?

[unclebulgaria67]

Banks often outsource collection to companies like Wescot, but you should have had a letter from Lloyds letting you know this would happen. If you have not had a letter from Lloyds, you should check with them, whether they have passed the account to Wescot.

 

You need to know what is happening with this Lloyds account, being sent statements, so you can see what interest and charges are being added. Given your financial situation, you need to advise creditors of this and work out what affordable regular payments you can make. You should find out from DWP what benefits you may be entitled to.

 

Suggest that you phone National Debtline for a confidential chat, so you can work out best options in dealing with any debts. The Banks are usually more helpful to people, if they have talked to National Debtline or a registered debt charity like Stepchange.

[SabreSheep]

Ignore them

 

If they phone tell them you will communicate only in writing

 

Keep paying/dealing with Lloyds until someone else BUYS the debt

 

follow advice as uncle says above

[dx100uk]

send them a CCA request?

 

 

dx

[Bazooka Boo]

Yes ^^^.

 

How old is this, ie. when did you take the card out?

 

How much of the balance is made up of the banks reclaimable fees and charges?

 

Ignore Wetcloths entirely, this has absolutely zero to do with them, continue paying the bank directly.

 

Check your credit fie and see that the correct info is being recorded on there.

 

Keep everything in writing, and also keep a diary of events, with copies of everything you send them, and obtain ''proof of posting'' which is free from the PO counter.