Credit Issues Limited

iolanthe07

I hate these people who try to exploit loopholes. If they are successful it will just make credit more expensive for everybody. If you borrowed the money, you should pay it back.

londonuk2008

iolanthe07 wrote: »

I hate these people who try to exploit loopholes. If they are successful it will just make credit more expensive for everybody. If you borrowed the money, you should pay it back.

#

THANK YOU!!! everyday new threads start with people asking these questions!!! :mad:

tictax

How did this thread end up back again?!

That bet should have paid out by now!

londonuk2008

Here we go .....................:rolleyes: :rolleyes: :rolleyes:

londonuk2008

tictax wrote: »

How did this thread end up back again?!

That bet should have paid out by now!

I know...:rolleyes:

lifestyle_2

What I cannot understand is why people are being sucked into using these companies. I have 26 creditors and did this all myself in terms of requesting the Consumer Credit Agreement, and then checking if they where enforceable - ie signatures, prescribed terms, and some of my accounts didnt even have one, therefore no enforceable credit agreement - no case!

Serchers

Hi everyone

Another newbie here, found this by Googling this new company. I hope that the regulars here will allow a proper debate, I think it's a little early to pass judgement on this business.

What I'd like to know is whether anyone has actually followed through yet with the deal ? I assume it takes a while for the process to go through so maybe facts and figures aren't to hand yet.

Having read the thread there seems to be quite a lot of discrepancy between the figures quoted on here to those on the official website, so will check these again.

Finally, although I think I would 'qualify' for their services I'm confused regarding the advice from some you. Is it really that easy to do this stuff on ones own and where do you start ?

standupguy

Serchers wrote: »

Hi everyone

Another newbie here, found this by Googling this new company. I hope that the regulars here will allow a proper debate, I think it's a little early to pass judgement on this business.

What I'd like to know is whether anyone has actually followed through yet with the deal ? I assume it takes a while for the process to go through so maybe facts and figures aren't to hand yet.

Having read the thread there seems to be quite a lot of discrepancy between the figures quoted on here to those on the official website, so will check these again.

Finally, although I think I would 'qualify' for their services I'm confused regarding the advice from some you. Is it really that easy to do this stuff on ones own and where do you start ?

If you can hang on a while I am sure we will see another newbie post something along the lines that they have used this business and got 15 credit cards and 18 loans cancelled and managed to write off £65000 in debt?


:rotfl: :rotfl: :rotfl:

Serchers

Thank you Standupguy, for adding nothing to what you've already said before. I'm sure there are hundreds of other threads where your words of wisdom will be appreciated, but for now you've proven that you can add nothing constructive to this discussion.

Back to the topic. Assuming that all lenders are aware of the new regulations and have put their house in order since 2007, why have they not made attempts to correct previous errors ? An obvious question which has an obvious answer ! So what is wrong with a company spotting a gap and trying to do something about it ? Their margins/mark-ups seem high - so my original question still stands >> what's stopping someone sorting these problems out themselves and how is it done ?

I'd appreciate positive, constructive replies please instead of more sarcasm.

LilacPixie

One major point that these bottom feeders do not disclose is even if the CCA does exist and is proven to have errors the amount owed is not 'written off' in the sence that it just disappears. The debt still exists but the creditor cannot take the debtor to court to force payment because legally the paperwork is not in order. There is noting to stop the creditor requesting payment. I believe the creditor can also register a default on the debtors credit file and it may take a complaint to the OFT and legal action to remove that which would be costly.

If you are struggling to meet payments on debts contact a free debt charity for assistance. If you just fancy getting out of an agreement you made willingly then grow up and deal with your responsibilities.

Serchers - search the fourm for 'cca request' There is a large thread on the DFW board that discusses this and takes you through the process step by step.