Miss Muddle's UE Diary

[MrsD]

Re: Miss Muddle's UE Diary

personally I would send the sold in dispute, I'm presuming that Hillsden still owns it, they do seem to operate on a hunger and burst basis, bombarding with letter one minute, then you hear nothing for months.....weird

[Miss Muddled]

Re: Miss Muddle's UE Diary

Account No. 5

ARGOS STORE CARD

Type of account:–BOS CREDIT CARD
Date commenced:- Sept 2002
Approx balance:-£1,600
Last full payment paid:- 2007
Arrangement or not paying: – Paid few small payments to Bryan Carter 2009

2007
Received Default Notice from Argos Card Services found out from previous forum unlawful (Going to send it to Niddy for his expert advice)

2008
Recieved many letters from Fredrickson International and Bryan Carter Solicitors over this year (Paid a few small payments until 2009)

2009
May - Sent CCA Request to Bryan Carter
July - Received CCA/Application Form
July - Sent In Dispute Letter to Bryan Carter
November - Assigned to Hillesden Securities Ltd
December – Letter from dlc saying trading as Hillesden Securities and now own Account

2010
July - Received copy of same CCA/Application Form

2012
Huge Gap in Correspondence from dlc and Hilesden Securities
July - Received letter from dlc asking me to contact Argos Card Services regarding CCA copy (Ignored)

November - Not heard from this lot for few months and they had a big break between 2010 and 2012 but today received a letter from dlc requesting that I pay them £10 per month to clear this debt . (IGNORED)

Sending copy of CCA and Default Notice to Niddy for his expert opinion - if we can remember how to do it...

Should we just ignore them or reply ......

November - NIDDY SAYS

UPDATE - JUNE 2013

Recieved a letter from company called Mercantile Data Bureau Ltd (never heard of them) stating they are as associated company of dlc also stating account been transferred to them due to continued failure to discharge current liability. (Doesn't mention sold or assigned).

They also say want to give us the opportunity to discuss account before they undertake any action with the account.

Last letter from dlc in Novemebr 2012, we ignored, any ideas folks, should we respond to this letter from MDB or ignore again.

[Miss Muddled]

Re: Miss Muddle's UE Diary

Wee update..glad to say nothing to report..no contact from HBOS for over a year now, since Niddy kicked thier arses into gear.

Only got approx 15 months to SB.....hoping they don't raise thier ugly heads again before then

[Never-In-Doubt]

Re: Miss Muddle's UE Diary

Hmmm I see your point, maybe best to just save more and reapply then.

[Miss Muddled]

Re: Miss Muddle's UE Diary

The deposit doesn't get paid until exchange though so they could pay the OD off and prove it to the bank to secure the MiP....? Then as they're not buying yet they just keep renewing the MiP each month as they last 30 days I think.

Obv I know little about Scottish house purchases other than it's a pain in the arse with offers and bids

But in England that's how I would play it, take a statement as of today showing the deposit then pay the OD off and then take proof of that - you then have both sets of proof and just delay any offers till you know the deposit is back to the full pot again.

Make sense..?

Scrap all that if they bank with the NW as they'd then see the deposit shrink lol

It sure does make sense.....not sure how it works here now (long long time since we bought property) will put this to them both tonight and see what they say, not too sure about the renewing of MiP month by month, but they can sure ask.....they bank RBS so hopefully shouldn't be prob.

Only problem I can foresee is that NW maybe requesting to see proof of deposit again (just to see if they did take it off deposit) they seem to be on the ball regarding where funds etc..are coming from and going to, re money laundering and such (we wish). Twice over the past month since they applied at Xmas NW have requested on seperate occasions for bank statements for proof of deposit....maybe thinking they use some over Xmas period.

[Never-In-Doubt]

Re: Miss Muddle's UE Diary

Yeah...95% mortgage they couldn't pay it off the money this month and appeal as they would have to give the full deposit which they would be paying O/D with..so unfortunately need to wait.

If it had have been that easy, as this would have alloweds them to use thier own address.

Never mind will have to weait and see, the owners of the house they are in just now are just putting house on the market this week, so hopefully take a wee while to sell, which will give them breathing space.

The deposit doesn't get paid until exchange though so they could pay the OD off and prove it to the bank to secure the MiP....? Then as they're not buying yet they just keep renewing the MiP each month as they last 30 days I think.

Obv I know little about Scottish house purchases other than it's a pain in the arse with offers and bids

But in England that's how I would play it, take a statement as of today showing the deposit then pay the OD off and then take proof of that - you then have both sets of proof and just delay any offers till you know the deposit is back to the full pot again.

Make sense..?

Scrap all that if they bank with the NW as they'd then see the deposit shrink lol

[Miss Muddled]

Re: Miss Muddle's UE Diary

Yeah...95% mortgage they couldn't pay it off the money this month and appeal as they would have to give the full deposit which they would be paying O/D with..so unfortunately need to wait.

If it had have been that easy, as this would have alloweds them to use thier own address.

Never mind will have to weait and see, the owners of the house they are in just now are just putting house on the market this week, so hopefully take a wee while to sell, which will give them breathing space.

[Never-In-Doubt]

Re: Miss Muddle's UE Diary

However it's the fact of our Credit Score being so bad, that we are scared if they stay at our address that this would affect the decision - seeing they are already on thin ice with my Daughter having the BR in 2006/7 we can't quite rememer what year it started.

If this is the case then you could claim compensation from the CRA's as could your daughter because it's a breach of DPA for them to share anything of yours with your kids as there is no financial link, ie joint loan etc which would then only show the join and linked product anyway.

An address is not credit scored, it's the human behind the address that is.

One example --> Can properties be blacklisted by tenants' debts? - Experian UK

This is because credit checks these days take place on people and not addresses. As a result, any debts registered at the address against the previous occupants won’t appear on and therefore affect credit checks made on the current tenants. It’s as simply as that.

[Never-In-Doubt]

Re: Miss Muddle's UE Diary

I don't see why NW won't allow the loan with the OD being so small, are they borrowing to the hilt, ie a full 95%/Income reasons or whatever - if so then that could be why.....

However it would be easier to get the mortgage in principle secured so if they can afford to pay the OD off this month then they should do so and let NW know as soon as it's paid then try and appeal the decline.

Or consider a different bank, the one that has the OD maybe...? Aren't all rates near enough the same? I dunno cos we're on a self cert so live with SVR sadly

[Miss Muddled]

Re: Miss Muddle's UE Diary

6 years from entry so 6 years and a day from the date of BR.

You say NW said it was due to overdraft, how much is she overdrawn? Thing is they could pay that off - no? If not then save enough over the next 3 months and pay it off then look to reapply but whilst the iron is hot I would be offering to pay it and reduce the monthly outgoings in favour of the mortgage.

Its her hubby thats got the overdraft of £2,000. Just now they have the deposit for the mortgage so they are going to pay the overdraft off this month, then find the £2,000 to put back into desposit (as they have to prove they have it). This will let them have 3 months clear bank statements to hand into Nationwide in 3 months time not showing O/Draft. As you say strike while the irons hot.....

However it's the fact of our Credit Score being so bad, that we are scared if they stay at our address that this would affect the decision - seeing they are already on thin ice with my Daughter having the BR in 2006/7 we can't quite rememer what year it started.

Cheers Niddy as always thanks for help......wee belated Xmas donation coming your way at end of month..xxxx

[Never-In-Doubt]

Re: Miss Muddle's UE Diary

When you say BR has to be a full 6 years old would that be from the date the BR started or from end date....

6 years from entry so 6 years and a day from the date of BR.

You say NW said it was due to overdraft, how much is she overdrawn? Thing is they could pay that off - no? If not then save enough over the next 3 months and pay it off then look to reapply but whilst the iron is hot I would be offering to pay it and reduce the monthly outgoings in favour of the mortgage.

[Miss Muddled]

Re: Miss Muddle's UE Diary

Hi Niddy

Hope things all well at your end and you and your family in good health.

Can't believe a year down the line since you first performed your miracle and helped us from the burning hole of hell, no contact been made whatsoever...since then.....TOUCH WOOD!!.

Soooo glad to hear that our Credit Rating shouldn't affect them they have been saving so hard to try and get a place, which is so hard in our area.

When you say BR has to be a full 6 years old would that be from the date the BR started or from end date....

The company (I think Nationwide) have said refusal on grounds of overdraft but if they come back in 3 months with it cleared they would reconsider, which I find quite strange as I always thought they never told you why you are refused. Or do you tink they are just saying that to pacify them.

[Never-In-Doubt]

Re: Miss Muddle's UE Diary

Hi

Should be fine as there is no financial link with you and daughter. Obviously the BR needs to be a full 6 years old or it will still be visible and would affect things. It 100% would as you simply won't get a mortgage in this day and age with any trace if BR showing over the last 6yrs.

Best of luck for her

[Miss Muddled]

Re: Miss Muddle's UE Diary

Does anybody know if our Daughter and Son-In-Law come to stay with us for a few months and they apply for a mortgage at our address would our Credit Rating affect thier decision ?.

The house they rent is being sold (unfortunately too expensive for them) so they need somewhere to live for a few months.

They did apply for a mortgage last month but was refused on the grounds of thier overdraft being too high, which they will get sorted out soon. They were advised to reapply in 3 months time when overdraft is paid off, but by that time they will be staying with us, and I am terrified our Credit Rating will affect them

My Daughter was bankrupt in 2006 (when she was a student) for 3 years but they were told this did not affect the refusal decision.

Any help greatly appreciated......

[Never-In-Doubt]

Re: Miss Muddle's UE Diary

Linky --> A DCA Writes - Page 4 - allaboutFORUMS