PowerOfCats UE Diary

[Roger]

Now this is what a Hard Search is

HARD SEARCHES

Hard searches are made by lenders when considering applications for credit. They don’t affect your TransUnion credit score, but may be considered by lenders when working out how credit-worthy you are.

Link Financial Outsourcing Ltd (SR,SACT,CR,R,CV)
Debt Collection

Now are LINK Money Lenders? Unless you have directly contacted them HOW CAN THEY CLAIM TO BE CONSIDERING APPLICATIONS FOR CREDIT.

No this is to deliberately damage your CREDIT WORTHINESS beyond 5/6 years what other purpose does it serve?
Raising a dispute or contacting them MIGHT be considered Admitting a Debt and thus restarting the Statute Bar Clock.

I surmise that LINK think they can continue to do this every 2 years BUT of course damage to CREDIT opens the door to DAMAGES doesn't it.

[PowerofCats]

Interesting! Thank you!
None of my link accounts appear on my credit file, so I can only imagine it is to 'damage' my credit. Do potential lenders see the debt collection heading?
I worry they'll keep doing the checks every few months, though... Is that possible or legal?

[Roger]

Interesting! Thank you!
None of my link accounts appear on my credit file, so I can only imagine it is to 'damage' my credit. Do potential lenders see the debt collection heading?
I worry they'll keep doing the checks every few months, though... Is that possible or legal?

HARD SEARCHES REMAIN FOR 2 YEARS
".. Hard searches are made by lenders when considering applications for credit. .."
".. They don’t affect your TransUnion credit score, but may be considered by lenders when working out how credit-worthy you are. .."

Well after 5/6 years the CRA debt falls off doesn't it and LINK nolonger have a reason for reporting do they!
The Hard search remains for 2 years! I don't know whether there is any other restriction on the number of Hard Searchs so I presume LINK can continue every 2 years to repeat their PARTY TRICK

For what other purpose, since they are not LENDERS , it can only be to Destroy your CREDIT

[PowerofCats]

Long time no speak.

I've received 2 letters today for debts 1 and 2 from Link Financial

They state that they intend to take legal action to recover the balance and I need to make contact within 14 days

??????
Both are MBNA debts

I'm 45 days out from statute barred (I believe?) as my last payment was Sept 2018 via Stepchange and apart from SAR request I've had no contact

Could I have some advice on what to do? Thanks

[PowerofCats]

Fyi, I've left a message with JCS for some advice and waiting for a callback.

[vaper]

I think you need to edit this as it has your reference number on it!

[PowerofCats]

I think you need to edit this as it has your reference number on it!

Cheers. Edited and re-uploaded

[PowerofCats]

2. Debt: MBNA Credit Card (Virgin) - Now with LINK FINANCIAL LTD Account Opened: 22.01.06
Balance at time of starting DMP: £6900
Current balance: £4807
Defaulted? YES - Drops off Feb 2019
Last payment received: September 2018 via Stepchange for nominal low amount
11/01/19 - CCA request signed for. Signature receipt saved as PDF
25/05/19 - First piece of correspondence received. A statement of account dated 10/05/19. Interestingly it notes my CCA request and £1 on there, but I have not received any CCA documentation.
31/08/19 - Response to CCA request received with some documentation. Emailed to Niddy for his thoughts
31/08/19 - Niddy states that as it's a tick box, it's easy for faults to be remedied and thus ENFORCEABLE
06/08/19 - Digital SAR sent via the MBNA website. Screenshot of confirmation that it has been received retained
06/02/20 - Letter from LINK FINANCIAL LTD to my new address stating they have located me and we need to talk
15/07/2022 - adding note here to state UNENFORCEABLE as per JC comments about winning court case
16/09/24 - letter received stating to contact them within 14 days as they will be sending the account to their solicitors ???????



08/10/24 - letter of claim received dated 03.10.24 from Kearns solicitors stating 30 days to pay before court proceedings.



Advice on what to do please?


(Worth noting that I have only received the letter or claim for this one, not debt 1 as well. This debt is the MBNA Virgin account

[PowerofCats]

Colin G Quinn could you assist? Or one of your colleagues? Rather anxious!

[Ballister]

Hi
Unfortunately Colin no longer works for JCS. You may have to speak with Gerry or someone else.

However looking at your diary it appears that this debt may be Statute Barred. The last payment appears to be September 2018.

[PowerofCats]

Hi
Unfortunately Colin no longer works for JCS. You may have to speak with Gerry or someone else.

However looking at your diary it appears that this debt may be Statute Barred. The last payment appears to be September 2018.

Thanks! Gerry has just called me will wait for the next steps

[Sparkles]

However looking at your diary it appears that this debt may be Statute Barred. The last payment appears to be September 2018.

The 6 year year period runs from the default and gets reset on every payment, so in this case it would be February 2025 when it becomes statute barred. Presuambly that's why they have sent a letter of claim now.

[PowerofCats]

The 6 year year period runs from the default and gets reset on every payment, so in this case it would be February 2025 when it becomes statute barred. Presuambly that's why they have sent a letter of claim now.

Curious as to why Feb 2025 when the last payment was sent Sept 2018 not Feb 2019?

Help an oldie understand lol

Editing to add: defaulted in 2013, went through Stepchange for years until Sept 2018 when they received the last payment. No payments made to creditor since then and default dropped off in 2019.

[Ballister]

It looks like Sparkles thought you got defaulted in Feb 2019 - but that's when it dropped off your file.

[PowerofCats]

That makes sense!

I'm very confident in my dates and lack of contact/payment for the SB timescales.

I only ever dealt with Stepchange and then post Sept 2018 I did a CCA request in Jan 2019 (which I understand doesn't mean I acknowledge debt) and an SAR in May 2019 (again, doesn't acknowledge debt). The latter was never replied to by the creditor!

Researching last night, Stepchange pay the creditor within 7 working days of cleared payment. I paid the end of Sept 2018 and so, the payment would have reached the creditor by the 10th Oct 2018 at the latest... It's so close to the wire.

Gerry did warn that even though they put 30 days on the letter of claim, they often file at the court before then so I'll just wait and see what happens.


The reference on this letter of claim is for the MBNA Virgin account which, I believe, due to a judgement a few years back is irredeemably UE ( Never-In-Doubt can you confirm this is right?)

I have no doubt I'll receive a letter of claim for the bog standard MBNA debt in the post in the next few days, however!