About Triumph Asset Services interest charges.

akaramoin

Hi everyone

I'm not sure if I'm doing this right or if a similar problem like this has already been dealt with else where on this site. I'm new so pls bear with me.

I am desperate for some advice as the community legal advice have closed my file because I send the information in 2mths too late. I will have to pay and as I am currently unemployed can not afford to.

Here goes!

In 2003 I bought a laptop from computer world and was given credit from Cetelem. Included with this was PPI. I paid regularly without fail, by dd, until 2005 when I became unemployed.

I asked Cetelem for a reduced payment which they granted at first, from £35 per mth to £15 per mth. But things were quite dfficult financially as Jobseekers allowance is the only income I had and I had other debts to pay for. So I asked if I could reduce this payment further from £15 to £10 monthly. They refused -and passed or as they put it 'assigned my contract' my debt on to a company called "Fairmile Limited Partnership (FLP) acting by its general partner Triumph GP (UK) Ltd". This was done in july 2006. At this time the balance was £563.10. Again I have paid by dd regularly.

In Dec 2006, Triumph offered me a deal to settle the balance which they quoted as £496.04. Of course, I was not able to pay it as I am unemployed, so I declined. I was told, when the debt was initially passed to Triumph, that they would not add interest. However, since that last offer, the debt has mounted to £700. When I rang to request the rate of interest in writing they have declined saying they do not provide written notice of interest charged.

I do not receive any regular statement. In fact I was totally unaware that the debt had amounted to that much until 3 mths ago when their system failed and they rang asking me to resupply my bank details. When I refused to do this over the phone - for initially i didn't know that the person on the line was their rep.they then wrote threatened to make me settle the balance. I rang them and gave them my details and asked for the balance at the same time. It was then that I realised that the debt had increased so much, this inspite of regular payment of £10 per mth since1996. The money I pay each month doesn't seem to have made much difference to the original balance.
Please help!!!!!!!!!! What can I do? Is there anywhere else I can go for help.