Pezman's Diary

[The Tech Clerk]

Re: Pezman's Diary

cash cowing to my mind!¬!

[jon1965]

Re: Pezman's Diary

As a dear friend of mine says , something is not quite right here

Have they defaulted you?
I think even after default they can charge statutory interest but am not sure , even that is 8% so on your balance it's a hell of a lot of money.
I would think that there is some abuse of power on the OC's part. If they were that convinced that they had behaved they would be talking either SD or at least a CCJ

[pezman65]

Re: Pezman's Diary

Have you sent this Our Templates | Unenforceability Templates | CCA Query - Creditor Refusal to Accept UE Status

I assume they've defaulted you. I thought they couldn't charge interest once it's defaulted? (I may be wrong...)

BTW it would be an idea to link to the post of the debt on the first page of your diary so we know which one it is (click on the post number to bring up that post in a new window and then highlight the url and copy and paste it into your updating post.)

As a dear friend of mine says , something is not quite right here

Have they defaulted you?
I think even after default they can charge statutory interest but am not sure , even that is 8% so on your balance it's a hell of a lot of money.
I would think that there is some abuse of power on the OC's part. If they were that convinced that they had behaved they would be talking either SD or at least a CCJ

They state the account is not in default as they have provided all they need to provide and I should contact them to discuss,a bit scary at the moment with all that money going on each month. I have sent the templates up to missing PT as suggested but they ignore it and keep demanding I contact them to discuss, cheers {Pez

[jon1965]

Re: Pezman's Diary

I have no idea what to suggest. One for Niddy

So never been sent a Default notice or anything like that. I assume for all those years you were making arranged payments that fell short of the interest being charged.

I have no advice to offer, except trust in Niddy and Co

[ken100464]

Re: Pezman's Diary

No expert myself either but would think this is just the start of the threat o gram machine.

From your thread it appears Niddy says its UE so suppose they could add what they like as it dont make much difference if you aint paying.

[Deepie]

Re: Pezman's Diary

They state the account is not in default as they have provided all they need to provide and I should contact them to discuss,a bit scary at the moment with all that money going on each month. I have sent the templates up to missing PT as suggested but they ignore it and keep demanding I contact them to discuss, cheers {Pez

Can you link back so we can see whats going on...........

See here -----------> http://forums.all-about-debt.co.uk/s...&postcount=758

[pezman65]

Re: Pezman's Diary

Can you link back so we can see whats going on...........

See here -----------> http://forums.all-about-debt.co.uk/s...&postcount=758

Not sure how to do that, I have copied the text into the diary at the beginning of this post, what else do I need to do, thanks Pez

[Deepie]

Re: Pezman's Diary

Not sure how to do that, I have copied the text into the diary at the beginning of this post, what else do I need to do, thanks Pez

just press quote bottom right............

[pezman65]

Re: Pezman's Diary

As a dear friend of mine says , something is not quite right here

Have they defaulted you?
I think even after default they can charge statutory interest but am not sure , even that is 8% so on your balance it's a hell of a lot of money.
I would think that there is some abuse of power on the OC's part. If they were that convinced that they had behaved they would be talking either SD or at least a CCJ

Just found a letter from them dated 03.10.12 stating "This is a notice of default sums applied to your account and provided to you in compliance with the CCA 1974".

They added £10 for the letter to the amount already outstanding, do you think this means it is in default, no other letters mentioning "default", cheers Pez

[The Tech Clerk]

Re: Pezman's Diary

MBNA send UK mail that is why I use to keep the envelopes to letters & D.N. for O.H.

[pezman65]

Re: Pezman's Diary

My thoughts exactly! MBNA added interest at 36% for 6 months after default, so what, they ain't getting a penny from me!
Sounds like a default notice (DN). You didn't keep the envelope as well, did you? Keep that DN safe, it may come in handy one day if they ever tried to go legal...

Yes, the account would be in default if you are not paying...

Shall I just sit tight or reply with another template, thanks Pez

[jon1965]

Re: Pezman's Diary

I do not think that is a DN. I keep getting those from various people every time I miss a payment, often by email

Notice of default sum(s) under Credit AgreemenP


ACTIVE SECURITIES LIMITED TRADING AS 24/7 MONEYBOX, 145-157 ST. JOHNSTREET7
LONDONEC1V 4P4
TEL: 0207 183 9208


Date: 16/08/201h
Dear Mr. ,
Your fixed-sum credit agreement no.:
This notice relates to default sums which have become payable under your credit agreement and

is given in compliance with the Consumer Credit Act 1974.

We draw your attention to the default sums which have fallen due under your above agreement;
The details are set out below?
Details of default sum(s)?


Description Amount Date it became due
Letter fee £10.00 16/08/2012
Total amount of all default sums included in this notice: £10.0f


This notice does not take account of default sums which we have already told you about in
another default sum notice, whether or not those sums remain unpaid.

Some of my debts didn't default me until I lost my job and went down to £1 per month(CL finance and MBNA both registered the default in 2011 even though I had been in an arrangement from 2006)

[Deepie]

Re: Pezman's Diary

Type of account - Loan

Date commenced - 11/09/1998

Approx balance - £22.345 should be £1800 they have charged interest for last 12yrs

Date last full payment - June 1999 now paying £10.60 month until today

Are you on arrangement or not paying - Arrangement until 29.08.12 now not paying

Status - Just cancelled DD

Account owner - Paragon Finance

Key:
Blue - Communication Sent
Red - Communication Received

29.08.12 requested CCA and sent £1 po
20.09.12 recieved agreement and conditions, emailed Niddy 2 docs.
23.09.12 Niddy says UE and to send missing PT Template.
16.10.12 Letter received stating they have fulfilled their obligation and will not release from obligation
Hi Guys, just received the following from Paranob:

Dear Mr P
With reference to the above account, Please be advised as there have been no payments on the account we have changed the interest rate to the full contractual amount. If you wish to discuss this matter further, please contact the office on the above telephone number. Thank you for your attention in this matter, we look forward to hearing from you, yours sincerely Etc Etc

This is the company who agreed to freeze interest in 2000 but charged it until 2009 when the change in the CCA regulatons stated they had to keep me informed of the balance on a yearly basis, they then froze interest but the loan had risen from £1900 to £22,343. If they charge interest on this amount it will mean over £100 a month going on to the bill, Niddy says it is UE but they state they have provided everything,any suggestions how I deal with this, many thanks Pezman

Did you send this ? -----> CCA Query - Missing Prescribed Terms

[pezman65]

Re: Pezman's Diary

Did you send this ? -----> CCA Query - Missing Prescribed Terms

Yes, this was sent on 11.10.12, they replied with "we disagree and have sent everything we have to" pay up now, Thanks Pez

[Deepie]

Re: Pezman's Diary

Yes, this was sent on 11.10.12, they replied with "we disagree and have sent everything we have to" pay up now, Thanks Pez

I Would see what they send next if it were me...........