Defaulted 15 months ago still paying interest

[fto]

Hi,
rbs defaulted me on a credit card 15 months ago.I owe just over 2k,I made a arrrangement to pay £50 a month,which they agreed for twelve months.i paid this for twelve months & they have extended this for another twelve months.Thing is i am still paying interest (they refused to freeze it) so its going to take a age to pay off.I have not paid the last couple of payments & trident debt recovery are after me.....
The card is enforceable.My question is:whats the best way to either stop the interest or get a full and final offer.

[Never-In-Doubt]

Re: Defaulted 15 months ago still paying interest

The best way is to stop paying. Let them sell it and do a s.78 cca request.

Don't worry you've been defaulted and tried, time to say sod off now me thinks.... So start by stopping paying and pop a cca request + £1 in the post.

[Never-In-Doubt]

Re: Defaulted 15 months ago still paying interest

Once a dca takes the debt interest usually stops.

[oscar]

Re: Defaulted 15 months ago still paying interest

Hi,
trident debt recovery are after me.....

You need to be aware that Trident are not a DCA - they are an RBS/Natwest in house debt collection service.

[fto]

Re: Defaulted 15 months ago still paying interest

The best way is to stop paying. Let them sell it and do a s.78 cca request.

Don't worry you've been defaulted and tried, time to say sod off now me thinks.... So start by stopping paying and pop a cca request + £1 in the post.

I have only had the card around 3 years,I thought this ment it is enforceable.Should i still sent the cca request?.

[fto]

Re: Defaulted 15 months ago still paying interest

You need to be aware that Trident are not a DCA - they are an RBS/Natwest in house debt collection service.

Thanks for the info..........I wonder if they would consider a offer for a settlement?.

[Never-In-Doubt]

Re: Defaulted 15 months ago still paying interest

Thanks for the info..........I wonder if they would consider a offer for a settlement?.

Yes, most probably - what is the balance as things stand?

[fto]

Re: Defaulted 15 months ago still paying interest

Yes, most probably - what is the balance as things stand?

£2200 is the current balance,what kind of offer do you think i should make?

[Never-In-Doubt]

Re: Defaulted 15 months ago still paying interest

£2200 is the current balance,what kind of offer do you think i should make?

£300 working up in £50 intervals to a maximum of £500 - if no joy then cease contact for a few months, and start again - same rates, same increments

[fto]

Re: Defaulted 15 months ago still paying interest

£300 working up in £50 intervals to a maximum of £500 - if no joy then cease contact for a few months, and start again - same rates, same increments

Just a update........They rejected my offer,but did come down to £1700.
They have sold the debt on,so just sending the next offer to them now.

[Never-In-Doubt]

Re: Defaulted 15 months ago still paying interest

If they sold it start low again with new dca. But wait till they get desperate. No offers just yet

[CleverClogs (RIP)]

Re: Defaulted 15 months ago still paying interest

You need to be aware that Trident are not a DCA - they are an RBS/Natwest in house debt collection service.

Their name is actually Triton or Credit Management Services, neither of which trading names is known to either the ICO or the OFT; being part of RBS, it seems they are allowed to do as they please.

[Never-In-Doubt]

Re: Defaulted 15 months ago still paying interest

Their name is actually Triton or Credit Management Services, neither of which trading names is known to either the ICO or the OFT; being part of RBS, it seems they are allowed to do as they please.

Of course, only until they mess up at which point RBS as the parent company would be liable, so in some ways it's better cos it's easier to get a bank to sit up and pay attention than it is a DCA - well, in most cases it is

[fto]

Re: Defaulted 15 months ago still paying interest

another update.....now its in the hands of Allied international.
I will wait for them to send a really nasty letter then make a offer.

[fto]

Re: Defaulted 15 months ago still paying interest

Got a new problem.I have written to the dca making a offer,in fact i have written twice.My wife still gets lot of phone calls ( they have her mobile number) she just tells them i am out.I am concerned they are just going to take me to court.I would be grateful of any advice.