Mother been Paying DCA's through Stepchange £400pcm for +8yrs - still £9k to pay - Best way to make F&F offers?

[dx100uk]

as she's been (blindly?) paying these debt for more than 8yrs i will guess most were defaulted long ago so are now no longer showing on her CRA file?

 

pers i'd stop paying everything and get CCA requests off to all those covered by the CCA.

 

as for those not covered by the CCA like OD's etc.get SAR's off to the original creditors.

 

waste of money settling debts that can no longer hurt her and might never be enforceable.

go have a holiday 

 

dx

 

[dx100uk]

read upload

scan it to one multipage PDF.

 

these debts are all very historic? and no longer on her credit file.

so not paying can't hurt her ESP if to a DCA, they are not bailiffs and have ZERO legal powers on ANY debt no matter what it's type.

 

and original creditors don't do court either they'll sell it on

please don't waste here money!!

 

 

[dx100uk]

where's the actual cap1 cca return please

[dx100uk]

6 hours ago, techno20 said:

I have advised my Mum to cancel paying to Stepchange.

yep stop here being a DCA cash cow. 

as you've seen none of the DCA's have anything enforceable

 

as for the cap1 cca , you've removed date so not sure when she took this card out, however it appears its pre 2007 as the charges say £15, i would simply continue to pay the same £pcm she was paying through stepchange directly to cap1.

 

now as this is very historic i would be getting an sar off to them as i bet the outstanding sum is well inflated by unlawful penalty fees for late/over/default/letter etc etc , these are all reclaimable at their int rate ...or that sum should be removed from any 'real balance' 

[dx100uk]

Stepchange you said is already cancelled? so simply use bacs or set up a standing order for £xpcm direct to cap1 as one would normally pay .

 

you will need to workout the true debt minus charges and the interest they've caused using our spreadsheets when you have all the statements to even think about what to poss offer as an f&f if that ever is appropriate.....

 

 

[dx100uk]

no cap1 wont care as long as they get the same? ish payment £pcm do you know what that was?

 

 

[dx100uk]

without an enforceable agreements the debts to the DCA's are dead. they can't do anything.

please don't pay them.

 

i know she is old school, but does she really want to give the DCA free money to use to hassle another person just like she has been scammed all these years by them....

 

these debts should not be in her file, she was defaulted years ago, they can't comeback.

 

offering an F&F does NOT finally put an end, it legally acknowledges the debt resets the statute barred clock and then they sell the rest onto the next DCA and it all starts again...WISE UP read some of the threads in the debt self help forum here.

 

please!

 

dx

 

[dx100uk]

Latest Spreadsheets - PPI Claims and Charges Claims - Dec 2011 - Payment Protection Insurance (PPI) - Consumer Action Group

 

it would be a two step process

1st put all the fixed sum unlawful penalty fees each one on its date into the CISHEETS.

the claim to date would be the date Cap1 stopped charging her interest, that avg interest figure would need entering into cell D15

 

from the date 1 day after cap1 int stopped you take the resultant whole sum from that sheet and put it into the statint sheet , that sheet will automatically calculate the additional 8% statutory interest she is entitled to, you leave the claim to date alone.

[dx100uk]

once a CCA request has passed 12+2 working days the owner of the debt is in default of the legal requirements of the act and can for want of a better word be ignored until/unless the respond.

 

as for interest being added again, no they can't do that. the agreement allowing that has long since been terminated.

[dx100uk]

hey well done, you might have saved her a pot of money there and nicely removed her from the DCA's cash cow milking troughs..sad as always these supposed free debt charities give such poor advice..8yrs of money down the drain..simply running the sb date to infinity.

 

as for cap1 

i've highlighted a few things above in answer.

do any fees appear on 1st statement you have?

 

as for the PPI payments, inc each of those too, even though that bird has flown.

 

[dx100uk]

the highest!

 

ok so doesn't look like any long term penalties so old statement prob not that relevant

 

 

[dx100uk]

so gives you a ball park figure to negotiate off if it ever went down the F&F route

you could complain to cap1 about them in a letter how you'd get on is another matter.

 

there are Cap1 reclaim threads here to research if you wish.

 

[dx100uk]

as for cap1 there are letters to use in the debt collection section of our library

inc your fees spreadsheets.

i doubt cap1 will bite though.

 

is the OD still with halifax?

 

 

[dx100uk]

we used to have one not sure where.

just remember this is no longer on her file and can't comeback so don't let here feel she is indebted to pay them any high sums £pcm should they refuse to F&F.

 

don't forget there are the other letters there offering a lower £pcm and if they refuse the one to drop them to £1 PCM for life if they rufue to help.. time on all fronts she took control of HER money, not let others control it, she's paid upwards of +£30k to all these fleecers, none deserve any special treatment now massive monthly payment.

 

the OD is long dead simply stop paying, any charges reclaim will simply be removed from their already fictitious balance not to her pocket.

 

 

 

[dx100uk]

is the IP address traceable to the area they live in?

as for the signature on the other, i will guess its correct?

 

dx

 

[dx100uk]

i'd run link, never trust them an inch, one of Link favourite tricks was to re add and charge interest. send an sar to MBNA get all the statements, then same game as cap1.

 

i'm wondering if it might be prudent to simple get a letter constructed now, to send to cap1 and Link, stating due to sever financial hardship, for the next 6mts the payment will be £5PCM. This will be reviewed in 6mts and you will be updated further. Please refrain from adding any interest and/or penalty fees as under the rules of the various organisations like the FCA/FOs that govern you and help me through this hardship period. 

 

i will not enter into any further communication by whatever method upon this arrangement until my review and will consider it harassment.

[dx100uk]

adapt the pro rata letter in the dca section of our library.?

[dx100uk]

his income is NOTHING to do with them nor you mums debts.

if you've already sent an I&E with the 1st pro rata, then dont repeat it

[dx100uk]

just remove all ref to it

send the offer and pay it regardless to if they do or dont reply/accept you do NOT need a debts owners permission to pay what is propsed you are simply informing hey this is what you'll get for xxmts..tough if you dont like it.

 

you must take control.

[dx100uk]

stop begging. !!

 

In view of these circumstances, you will only be getting a reduced payment of £5.00 per month for the next 6 months

 

(can you not pay by bacs? so delete the payment book bit?)

[dx100uk]

no cca = no pay = ignore 

[dx100uk]

not returned a CCA have they.

 

as for MBNA contact them and demand the missing statements.

 

[dx100uk]

who says the CCA's are enforceable we haven't seen them?

 

dx

 

[dx100uk]

On 22/04/2021 at 18:11, dx100uk said:

stop begging. !!

 

In view of these circumstances, you will only be getting a reduced payment of £5.00 per month for the next 6 months

 

sorry there must be more debts with link that you have listed here then..

as you say above they not provided CCa for any of the 3 debts.

 

for those 2 MBNA debts with CCA returns that i think are ok in 30 stick with and pay as stated what was said in the above letter

dont enter into letter tennis.

ignore any that have failed the CCA

[dx100uk]

On 10/05/2021 at 20:49, techno20 said:

We've had a letter from our friends at Link requested payments for each of the 3 accounts they haven't provided a CCA for. I've attached an example.