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Hi everyone I'm new to the site and I really need help and advise.
can I post here about my debt?
can I post here about my debt?
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Originally posted by Nik nik View Post
Yes you can
If the thread needs to be moved, one of the Mods can do that for you later on.
Would you like to start by giving a general outline of your debt situation and then suggestions can be made about each one separately after that.
I look forward to helping you.
Di -
Debt 1️⃣
NatWest credit card open 2009
Limit: £8700
Currently: £8909
Last payment: £187 on 11/2018
Default notice sent on 8/3/2019
Account termination letter on 1/4/2019
Niddy said it’s enforceable.
Debt 2️⃣
Natwest credit card open 2006
Limit £300
Currently: £305
Last payment 11/2018
Default notice: 15/03/2019
Didn’t request CCA
Debt 3️⃣
RBS credit card(was Mint until 2017)open 2006
Limit £500
Currently: £510
Last payment 11/2018
Default notice: can’t find
sent I & E with £50 offer a month but they requested £125
Didn’t pay since 11/2018
Didn’t request CCA
debt 1 2 & 3 all with NatWest
Debt 4️⃣
Barclaycard : open 2006
Limit £8000
Currently: £8,583.45
Last payment of £230 on 12/2018
Didn’t receive default notice yet.
Sent I&E and Paid £50 for 4 month
this month I couldn’t afford more then £10
Niddy said it’s enforceable
Debt 5️⃣
Shawbrook personal loan open: 2016 (applied online)
Terms 60 month
Last payment £223.43 made 27/12/2018
Amount of credit £10,000
Total charge £3,405.80
Total payable £12,405.80
Monthly payment £223.43
Account balance: £6,945
Arrears outstanding £996
Default sums outstanding £15 21/11/2016
Sent I&E with £50 offer but no reply to my letter.
Im still paying £50 a month
This month couldn’t d afford more then £10.
Received CCA i guess it’s enforceable
Debt 6️⃣
Lendable loan open 2017
Amount of credit £10.000
Last payment: £258.31 made 29/10/2018
Total charge: £5,466.67
Total payable: £15,566.67
Monthly payment £258.31
Account balance: £9832.24
11/2018 they agreed to reduced payment of £100 for 4 month.
Last month cancelled D/D and I sent I&E but no reply.
Debt 7️⃣
Very catalogue open 2006
Credit limit: £4000
Outstanding: £3060.93
Last payment: £190 made 11/2018
Sent I&E and paid £50 a each month.
Didn’t pay this month
No default yet.
Sent CCA request on 26/4/2019 no reply
Debt 8️⃣
Littlewoods catalogue open 2011
Credit limit: £1700
Outstanding: £516.77
Last payment: £70 02/2019
Was up to date but didn’t pay this month
No default.
Sent CCA request 26/4/19 no reply
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I always made the minimum payments until 11/2018 then I just lost control of my finances as debts got larger and things went wrong.
I don’t know where to start or what to do. I don’t want to loose my home.
Can I offer all creditors £10 a month until things will improve?
i hope someone can help me please
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Welcome to AAD
Best to copy each Debt into a separate Post and then add details to each separate NOTE as your Diary progresses.
You have started to take control of your Life! We have all been down this same path and this first step can be so difficult!
As you did for the Nat West credit card so do with the rest of the Debts.
Using the AAD template for a S77/78 CCA request plus £1 for each individual debt.
My advise right now is not to contact your Creditors other than the CCA request.
From now on everything in writing so no emails, SMS or phone calls. There are good reasons for this!Comment
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Thank you so much for your reply, I’ll able to do separate posts on Monday.
Shell I spot payments to creditors?
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At this time your debts seem to be with the Original Creditors.Originally posted by Nik nik View Post
There is a 6 year clock that will have started. Each letter or communication which admits the debt restarts that clock.
Always refer correspondence back here for the MODS to see and advise.
Send copies of CCA's received to Niddy (as you did with NatWest) .
Taking control means of your money and realistic evaluation of each Debt (you will find that these are actually different).
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The credit agreement may appear enforceable but a debt owner has to comply with many other statutory duties.Originally posted by Nik nik View Post
This is still with NatWest who are likely to assign it to a debt purchaser if you stop paying. I see they've already terminated the account so see what happens next.
Di
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Originally posted by Nik nik View Post
Maybe wait to see what happens next before you send a s 77/79 CCA Request.
Di
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Originally posted by Nik nik View Post
Maybe the reason you can't find a Default Notice is because they didn't serve you with one?
This could be a good thing if the account is terminated and sold on in future so don't mention it to them.
Di
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Barclaycard have a reputation of being slow to issue a DN. Don't tell anyone you haven't been served with one yet.Originally posted by Nik nik View Post
Was this definitely a Barclaycard from the start or could t have been an Egg or Monument or Morgan Stanley Dean Witter etc?
Di
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Send the credit agreement to Niddy to check, but there may be other flaws with the account to look for.Originally posted by Nik nik View Post
Was there PPI involved?
Were you sent an agreement to sign after you made your online application?
Di
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Lendable Loans have a very high interest rate!Originally posted by Nik nik View Post
I'll wait to get a little more history before commenting on this one.
Di
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Originally posted by Nik nik View Post
Very catalogue account often have problems especially if the account is opened when you make the first purchase but the paperwork isn't sent out till later (if at all).
I see you've had no reply to your s77/78 CCA Request sent in April (this year) so the debt will be currently unenforceable. Don't send a reminder in case it makes them try harder to remedy the problem.
Hopefully they'll assign the account to someone like Lowell Portfolio.
Di
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Originally posted by Nik nik View Post
Another catalogue account and another unenforceable debt until they comply with your s 77/78 CCA Request
Di
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