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I'm hoping someone can advise me which way to go with a credit card ....
We started a DMP with CCCS on the 01.02.10, when we started the DMP we had an account with Barclaycard with a small balance of around £250.
This card has now got a balance of £550 as Barclaycard never stopped adding on charges and interest, the account also has PPI on it, so at the beginning of this year I wrote to them asking them to stop interest and charges and cancel and refund the PPI (I now know I didn't do this the right way, but we live and learn!)
They wrote back last month (took them long enough) saying 'No - we won't refund you, and enclosed a copy of the original application form where it had indeed been signed to say the PPI was wanted. They have now stopped the PPI on the account, although not in January when I wrote to them but in April when they wrote to me!
The thing that has really got me about this account is the balance has doubled in 18 months, currently they are charging me a £12 late payment charge, £12 over limit charge and around £8 interest
In short I don't know which way to go with this account, the account was opened in June 2003, I'm going down the UE route with my other debts - but don't know what to do with this one, do I try for UE, bearing in mind this debt is growing at the rate it is, or try a reclaim for charges (surely these must be unreasonable?) or push my luck with the PPI even though it was signed on the application form?
Thanks in advance x
We started a DMP with CCCS on the 01.02.10, when we started the DMP we had an account with Barclaycard with a small balance of around £250.
This card has now got a balance of £550 as Barclaycard never stopped adding on charges and interest, the account also has PPI on it, so at the beginning of this year I wrote to them asking them to stop interest and charges and cancel and refund the PPI (I now know I didn't do this the right way, but we live and learn!)
They wrote back last month (took them long enough) saying 'No - we won't refund you, and enclosed a copy of the original application form where it had indeed been signed to say the PPI was wanted. They have now stopped the PPI on the account, although not in January when I wrote to them but in April when they wrote to me!
The thing that has really got me about this account is the balance has doubled in 18 months, currently they are charging me a £12 late payment charge, £12 over limit charge and around £8 interest
In short I don't know which way to go with this account, the account was opened in June 2003, I'm going down the UE route with my other debts - but don't know what to do with this one, do I try for UE, bearing in mind this debt is growing at the rate it is, or try a reclaim for charges (surely these must be unreasonable?) or push my luck with the PPI even though it was signed on the application form?
Thanks in advance x
x
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