Natwest Overdraft & Triton

[malamute]

Re: Natwest Overdraft & Triton

I've just seen this (I've skimmed through your thread from the beginning). I thought payments had been stoipped on both the OD and the loan?



I think it's a good sign that CapQuest have come back with an offer of a 50% settlement.

I would definitely not fill in an I&E sheet but write another F&F letter (using the template on here http://forums.all-about-debt.co.uk/s...=9120#post9120) increasing your offer to 15% or 20%. You could say that you were borrowing the money from a family member and that is all that they can lend you.

Apologies for not replying sooner. thanks for your advice I've sent them a reply after increasing my offer to 15% so we will see.

- - - Updated - - -

I've just seen this (I've skimmed through your thread from the beginning). I thought payments had been stoipped on both the OD and the loan?



I think it's a good sign that CapQuest have come back with an offer of a 50% settlement.

I would definitely not fill in an I&E sheet but write another F&F letter (using the template on here http://forums.all-about-debt.co.uk/s...=9120#post9120) increasing your offer to 15% or 20%. You could say that you were borrowing the money from a family member and that is all that they can lend you.

Apologies for not replying sooner. thanks for your advice I've sent them a reply after increasing my offer to 15% so we will see.

[Pixie]

Re: Natwest Overdraft & Triton

My family member is currently paying £1 to each directly to Natwest at the moment - so likely will ignore this enthusiatic welcome letter.

I've just seen this (I've skimmed through your thread from the beginning). I thought payments had been stoipped on both the OD and the loan?

Update!

sent an f&f letter on this account balance is 935 so madras tarting offer of £100!

Capquest have replied saying that f&f available is 467 payable over 12 months! Are f&f now come in instalments?!

i think 467 is too high but not sure of how to go back as I'm loathed to complete to i&e form they've attached for me to fill in if I want to accept to make a different offer.....

I think it's a good sign that CapQuest have come back with an offer of a 50% settlement.

I would definitely not fill in an I&E sheet but write another F&F letter (using the template on here http://forums.all-about-debt.co.uk/s...=9120#post9120) increasing your offer to 15% or 20%. You could say that you were borrowing the money from a family member and that is all that they can lend you.

[malamute]

Re: Natwest Overdraft & Triton

Any suggestions?

[malamute]

Re: Natwest Overdraft & Triton

Update!

sent an f&f letter on this account balance is 935 so madras tarting offer of £100!

Capquest have replied saying that f&f available is 467 payable over 12 months! Are f&f now come in instalments?!

i think 467 is too high but not sure of how to go back as I'm loathed to complete to i&e form they've attached for me to fill in if I want to accept to make a different offer.....

[malamute]

Re: Natwest Overdraft & Triton

I guess I could the thing is that I've got an agreement from Natwest a while back when I joined AAD. It is enforceable. I was paying Capquest £100 a month then in April last year it was sold on, then its been chaing DCAs since and doing it so quickly I never write to any as they send one welcome letter, call all the time, then send another one, then i get a letter from Natwest directly saying they are sending it to a new DCA and I should hear from them in 2 weeks.

.......................

[MrsD]

Re: Natwest Overdraft & Triton

have you sent off a sold in dispute? if not i would

[malamute]

Re: Natwest Overdraft & Triton

Well, Zinc aren't very happy as I've not agreed a payment plan on the the Loan (just under 14k) they are giving me 7 days and then they may consider further action. But in the meantime I'm advised to get in touch as they may be able to close the account if i pay 50% of the balance immediately.

................................

going to see what happens on this the account has been pushed from DCA to DCA in the last 11 months...................

[malamute]

Re: Natwest Overdraft & Triton

A DCA that made me chuckle.

Got my welcome letter from Zinc Capital Management - jesus they are positive.

I'm a prioirity customer which means they will ensure my payments are affordable!
Their website is WeWantToSayYes.co.uk - LOL!!!!!!#
I can even log on to Zinc Chat to set up my repayment plan!!
I can make an offer via SMS!

As an aside - one account is an overdraft (1970s) with a balance of 942 and the other is a loan of about 13.4k from 2004 which is enforceable. My family member is currently paying £1 to each directly to Natwest at the moment - so likely will ignore this enthusiatic welcome letter.

[MrsD]

Re: Natwest Overdraft & Triton

that's what I'd do Malamute

[malamute]

Re: Natwest Overdraft & Triton

NEW DCA alert for my natwest accounts!

Letter from Natwest (standard letter for each account - loan and overdraft) stating that Zinc Group Limited will be in touch within 14 days.

Anyone heard of these? In the 6 years of all this I thought I'd heard of all of them!

On the letter - I've just filed it away with the rest and will await contact from Zinc

[malamute]

Re: Natwest Overdraft & Triton

it's just a mailshot

I would just ignore it

numpties!

okey dokey!! Thanks!!!

[MrsD]

Re: Natwest Overdraft & Triton

it's just a mailshot

I would just ignore it

numpties!

[malamute]

Re: Natwest Overdraft & Triton

Ok not heard much from anyone for a while til today - got a letter from rob way saying "a quick way to solve a long overdue problem"

saying I could pay as little as £30 a month (account is at 13976.95)!!!

Ignore?? Not sure as I know it's enforceable but they not really forcing my hand yet!

[malamute]

Re: Natwest Overdraft & Triton

Just caught up on your thread

How can any one company be so incompetent?

As far as I know they are breaking OFT guidelines by having multiple DCAs chase the same debt at the same time.

If they ever did go to court with the enforceable account, I would just say to the court that you wanted to pay but didn't know who to pay and let them try and make sense of the letters that were sent to you. I would hope a judge might agree that they don't deserve any money

Can't look good on them...

Hope you get this all sorted someday.

HB

Thanks for this - they certainly are incompetant - i not worried about the overdraft as it is down to £940 now but the loan in over 13k and I know it to be enforceable. But keeping a good paper trail is key. If they get nasty I'll just show them that they right to me every 6 weeks telling me that a new/different dca will be in touch in 14 days. I get a welcome letter from the new one then a letter from Natwest telling me another one will be in touch!!!

[happy_bunny]

Re: Natwest Overdraft & Triton

Just caught up on your thread

How can any one company be so incompetent?

As far as I know they are breaking OFT guidelines by having multiple DCAs chase the same debt at the same time.

If they ever did go to court with the enforceable account, I would just say to the court that you wanted to pay but didn't know who to pay and let them try and make sense of the letters that were sent to you. I would hope a judge might agree that they don't deserve any money

Can't look good on them...

Hope you get this all sorted someday.

HB