Let the fun commence - 6 year journey starts here!

[Still Waving]

Hi

I think it would be helpful if you were to bring forward the relevant debt diaries, rather than say "2 of".

Do DCAs give up? Some of them would be knocking on your coffin lid, if they could!

Even though you believe debts are SB, it's adviseable to continue to maintain radio silence - long after any presumed SB date.

[Brusselsprout]

Hi guys

Hope everyone is ok

Just a little update! I believe I am now statute barred on 5 of my debts! When i say believe, it has been 6 years since default and last payment/ acknowledgement (assuming none of the letters i sent from this site could be seen as acknowledging). I have 2 Cabot debts that they have been chasing (even sending an Orbit drone to my door the other day!!) and 1 of them according to my paperwork defaulted in August 2016, but the default on my credit file says April 25th 2017! basically 2 questions, if you'd be so kind to help:

1) The 1st cabot debt is a loan that Natonwide said they wouldn't take legal action (because of something they did/or did not do, basically failed in their duites)This gets knocked off in May 2023, so not long but i guess I am just getting a bit jumpy. Could Cabot issue a claim? even though the original creditor said they would not...

2)For the other Cabot debt which was a credit card the date on credit report is wrong, and goes statue barred on the 25th April 2023, but i have the default notice that says August 2016!

Cheeky 3rd question) Link (2 of my biggest debts) has completely disappeared from report a while back, and i have heard nothing for 2 years - no statements etc... These debts go off report in June 2023 (even though Barclays sold before defaulting) Should i be worried? Do DCAs just give up sometimes, even though they are big amounts and CCAs provided...?

Basically I'm getting the 'last few months' jitters and any advice would be great

Just a side note: I want to thank everyone on this site who has helped me from the early days to today. I started off doing this very nervous, and went through some stressful times, but it got easier as the months went by, so anybody thinking of doing this, and going down this route, you really do get all the help and support u need here, and it's not always easy, but it gets easier and the stress does subside It is true that you go from a position of weakness and vulnerability at the start to a position of strength and fearlessness!! Thanks everybody

Thanks
Brussel

[Brusselsprout]

Hello nice to hear from you

I wouldn't worry about it, it could be that they have given up hope of ever getting any money from you, I had a couple that were closed by the debt Co,
they also vanished from my credit report,
so just the rest to go
Take care

NW x

Thanks Nightwatch! Hopefully the others will follow suit...

[nightwatch]

Hello nice to hear from you

I wouldn't worry about it, it could be that they have given up hope of ever getting any money from you, I had a couple that were closed by the debt Co,
they also vanished from my credit report,
so just the rest to go
Take care

NW x

[Brusselsprout]

Hey everyone... hope everyone is well I am 5 years into my journey, and currently all quite quiet... which is good. I have noticed that my 2 Link accounts (2 of my biggest) have disappeared from my credit report! I thought it was 6 years from default was when they dropped off the report. It has only been 5.... Would there be any other reason why they would drop off before that?? Should i care?!

Thanks for your feedback.
Brussel

[Brusselsprout]

Read this link to see if it helps > https://debtcamel.co.uk/wonga-settlement-offer/

Di

Thanks Di, that is an interesting read... and if they are not selling to debt collectors there isn't much more than can do.I will hold off paying for the time being...

Thanks

[Joanna Connolly Solicitors]

Just a quick one on Wonga. I have just been offered what seems a generous discount, but does anyone know what the plans are with the unpaid debts? or what would they likely do.. sell to debt collectors, legal action, etc...? I am tempted to get rid of this one at that price.

Read this link to see if it helps > https://debtcamel.co.uk/wonga-settlement-offer/

Di

[Brusselsprout]

I have no Idea on PDL's sorry, didn't want to read and run.
at the end of the day what you want to do is up to you, go with the flow as it were,if it seems better for you.

NW

Thanks Nightwatch

I think i may as well just pay it unless anyone comes back with any other info.

[nightwatch]

I have no Idea on PDL's sorry, didn't want to read and run.
at the end of the day what you want to do is up to you, go with the flow as it were,if it seems better for you.

NW

[Brusselsprout]

Re: Let the fun commence - 6 year journey starts here!

DEBT #8

Type of account: Wonga PDL
Date commenced: November 2015
Approx balance: £340
Date last paid: last Full payment made via DMP in January 2017. Reduced payment in February. Missed payment in March.
Are you on arrangement or not paying: Currently not paying
Status Account: defaulted April 2016
Account owner : Wonga
CCA received: Not yet requested.

Nothing sent to Wonga yet. Any suggestions as to what to do with these guys?

27th November 2017: Wonga send annual statement via email. Nothing else,no 'why are you not paying?' etc...

2019

9th January 2019: Wonga have woken up. An email advising me that my account is on 38 day hold, and to complete an I&E form.
18th January 2019: Another email from Wonga asking me to fill in my I&E form
16th Feb 2019: Another email from Wonga saying collections activities have resumed on my account, and to take this very serious matter seriously etc...
26th April 2019: Email from Wonga/administrators saying i could make a claim, and to get my claim in to them. Ignored.
2nd May 2019: Email from administrators saying that i need to get my claim in and that they will have another 12 months to assess claims, and recoup monies.
13th May 2019: Income and expenditure form sent again! my 36 days of account hold are over.
16th May 2019: Email saying "we have resumed collection activities on your account..."
18th October 2019: Email from administrators offering me a significant discount to close the account - £80.

Hi all

Hope we are all well...

Just a quick one on Wonga. I have just been offered what seems a generous discount, but does anyone know what the plans are with the unpaid debts? or what would they likely do.. sell to debt collectors, legal action, etc...? I am tempted to get rid of this one at that price... to save any aggro later. I already have too many potential fronts to fight Thoughts?

Thanks
Brussel

[Brusselsprout]

Hi all

I am back in the payday loan trap, and have decided today to take action... No longer can i pay ridiculous amounts each month to satisfy the bloodsuckers! I have cancelled my CPA to Sunny today, and will do the same to On stride Financial. I will offer them a small amount each month..as I am already fighting 8 creditors, so i cannot take anymore on! Maybe I am being blind but is there anything on the site here regarding Unaffordable lending..? templates etc... Will they freeze interest...? anyone had any experience on payday loans?


Thanks
Brussel

[Brusselsprout]

Yes, that's exactly what I meant.

You should stay quiet if you're going the unenforceable route. Don't do anything which could single you out for attention.

I expect the Administrators are sending out emails to try to gauge what money they may be able to recover in order to pay the unsecured creditors which will include those who have already made a complaint and had it upheld so potentially due a refund.

I asked the question to see whether you had already made a complaint (awaiting a decision/refund), and your answer is that you haven't.

I see no reason for you to respond to those emails.

Di

Thanks Di

Great help and advice as usual I shall stay quiet...

[Joanna Connolly Solicitors]

but she then says "i am not saying you should" which makes me quesiton whether i should or not....

If I am going the unenforceable route shouldn't i just stay quiet?

Yes, that's exactly what I meant.

You should stay quiet if you're going the unenforceable route. Don't do anything which could single you out for attention.

I expect the Administrators are sending out emails to try to gauge what money they may be able to recover in order to pay the unsecured creditors which will include those who have already made a complaint and had it upheld so potentially due a refund.

I asked the question to see whether you had already made a complaint (awaiting a decision/refund), and your answer is that you haven't.

I see no reason for you to respond to those emails.

Di

[The Tech Clerk]

well in view I suggest await her response, the article does state complaints will be looked at???

[Brusselsprout]

Diana Mayhew your view in response to the article

The comment she made ask if you have made a complaint ?

Yes (And i haven't) but she then says "i am not saying you should" which makes me quesiton whether i should or not....

If I am going the unenforceable route shouldn't i just stay quiet?

Thanks Brussel