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DH recevied a letter today from BLS, bit of background we have 2 UE's with Lloyds tsb and this letter wa reference to a loan (it was a consolidation / new loan)
When we took out this loan it was when I was very sick with the big C, and unable to work... I was also off because I was pregnant and everything happened at once (not a nice time) so we maxed out CC paying our bills and had a small loan at the time with TSB.
Roll on when DH owed some back taxs (dont see how as he is a PAYE employee but thats a different matter) and the CSA calculated some back charges and were threatening all sorts the CSA suggested we get a loan (which now i know was illegal for them to even suggest)
So we called up TSB and told them our circumstances, I wasn't earning, DHs salary was streteched etc. So they lent us all together 10k which paid off the old loan of Xk and gave us what we needed to pay rent, CSA, back tax.
BUT like TSB is they are slimey they said we will give you this but your high risk so the interest rate will be 18% yeah almost as bad as a fookin loan shark! THEY KNEW we couldn't afford this loan they leant anyway.
Fastforward to late 2010- - We went to the CAB and organised a repayment plan litterally they managed to give all our criedtors between 10-15.00 a month this incl the 2 CCs that were UE. So we paid the loan and the OD back (not the cards) . (thanks Niddy x)
Well TSB then just sent the info to the DCAS JUST as a repayment plan was accepted therefore I had to start all over again. The OD I organised at 30.00 a month and the loan well they just never contacted us didn't know who held it etc.
TODAY I get a letter that says:
We can only assume due to your lack of contact that you have no intention in paying this debt on a voluntary basis. If you dont contact us on the above within 14 days you will force us to commence legal action against you. This will result in additional fees of 290.00 at a minimum.
if a CCJ is obtained and you fall into arrears we are likely to ask the court to enforce the judgement in one of the following:
Warrent of Execution
AOE
CO.
we are determined that this debt will be repaid preferably by mutual agreement, but if not the action described is what we will take.
Contact us.....
Satan.
Now, I have no problem TRYING again to set up a repayment plan but i kinda begrudge it as they are the ones who were irresponsible in their lending. and ive always had this problem they took advantage of us, when we were low.
But is the best course of action to deal with BLS direct? and how do I go about this? APEX were really nice about the whole thing with the OD and Ijust don't see BLS being the same.
Opinons welcomed
When we took out this loan it was when I was very sick with the big C, and unable to work... I was also off because I was pregnant and everything happened at once (not a nice time) so we maxed out CC paying our bills and had a small loan at the time with TSB.
Roll on when DH owed some back taxs (dont see how as he is a PAYE employee but thats a different matter) and the CSA calculated some back charges and were threatening all sorts the CSA suggested we get a loan (which now i know was illegal for them to even suggest)
So we called up TSB and told them our circumstances, I wasn't earning, DHs salary was streteched etc. So they lent us all together 10k which paid off the old loan of Xk and gave us what we needed to pay rent, CSA, back tax.
BUT like TSB is they are slimey they said we will give you this but your high risk so the interest rate will be 18% yeah almost as bad as a fookin loan shark! THEY KNEW we couldn't afford this loan they leant anyway.
Fastforward to late 2010- - We went to the CAB and organised a repayment plan litterally they managed to give all our criedtors between 10-15.00 a month this incl the 2 CCs that were UE. So we paid the loan and the OD back (not the cards) . (thanks Niddy x)
Well TSB then just sent the info to the DCAS JUST as a repayment plan was accepted therefore I had to start all over again. The OD I organised at 30.00 a month and the loan well they just never contacted us didn't know who held it etc.
TODAY I get a letter that says:
We can only assume due to your lack of contact that you have no intention in paying this debt on a voluntary basis. If you dont contact us on the above within 14 days you will force us to commence legal action against you. This will result in additional fees of 290.00 at a minimum.
if a CCJ is obtained and you fall into arrears we are likely to ask the court to enforce the judgement in one of the following:
Warrent of Execution
AOE
CO.
we are determined that this debt will be repaid preferably by mutual agreement, but if not the action described is what we will take.
Contact us.....
Satan.
Now, I have no problem TRYING again to set up a repayment plan but i kinda begrudge it as they are the ones who were irresponsible in their lending. and ive always had this problem they took advantage of us, when we were low.
But is the best course of action to deal with BLS direct? and how do I go about this? APEX were really nice about the whole thing with the OD and Ijust don't see BLS being the same.
Opinons welcomed
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