Natwest Credit Card issue

[George Washing]

Re: Natwest Credit Card issue

Thanks for coming back to me.

Why do I want to pay off in 2014?....
Keen to pay off enforceable debts as want a good credit rating asap to get mortgage etc. I think the soonest I can get this is 2016 as my our defaults were in 2010. Am guessing that with the enforceable debts, without paying something I run the risk of them taking me to court which I could do without, so am setting up monthly payments to keep them at bay. The issue is that this puts an "8" default marker each month. Guessing I want to have stopped making these payments before 2016, so that the "8' markers dont carry on post 2016. With the enforceable debts the only way I can think to do this is to settle the debts.

The advice I am now looking for is what my strategy should be to recover my credit rating, as Paul is sorting me out re enforceable and non enforceable.

Am guessing if i settle in 2014, then by 2016 the entry will disappear and I will be clean?

On that note what is the incentive to pay off a debt once it has fallen off your record - i guess only the threat of court action? hardly an incentive on UE debts.

[SXGuy]

Re: Natwest Credit Card issue

Just been informed Paul was the one who overlooked the CCA, so it no doubt is EN

[Never-In-Doubt]

Re: Natwest Credit Card issue

NB we are not planning to go SB.

Why not?

Why are you so eager to pay them in 2014?

[SXGuy]

Re: Natwest Credit Card issue

Hold fire 1 second. Before relying on your solicitor, please send the agreement to Niddy at agreements@all-about-debt.co.uk

Don't cover any info, leave everything intact.

Was "seems" compliant isn't always the case, they may have sent the wrong terms and conditions, only Niddy would know this.

Don't arrange any payments until hes seen what you were sent.

[George Washing]

Hi all,

Am trying to get some advice re my wifes natwest credit card taken out by in 1996. c£5500 owing.

Got into difficulty in 2008 and entered a DMP with CCCS.
Have a default showing on equifax, call credit and experien for summer 2010 (along with others all at the same time)

We were paying off through CCCS (step change) £21 a month but stopped all that when I found this forum!

Submitted CCA request in October 2012 and after battles with signature, I eventually got paperwork in June 2013!

My solicitor has looked at is and said its a reconstitution not the original but seems compliant. Cant say if its what she signed as only she knows and cant remember!

Moorcroft are chasing for the money. Will arrange a nice low full and final when I have some money as want to get a good credit record once defaults drop off in 2016 - want to buy a house etc.

My current thoughts are that I should go back to paying a small amount monthly to stop them from trying to pursue through the courts as they have an agreement that may stand up and I am strapped for cash at present.

NB we are not planning to go SB.

QUESTIONS
1. Am I damaging her credit file by paying it?
2. If all the record of the debt disappears when the default drops off in 2016, by paying it, am I extending the time it will feature on the credit file?
3. What other ways are there to keep them at bay until I have enough money to do full and final when I have a bit of cash in 2014?

Thanks George.