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getting rid of defaults?

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  • GeorgeUK
    GeorgeUK Posts: 7,737 Forumite
    Send them off today and see if they ahve them. If they do have them and they have the required prescribed terms, then no problem - payments as usual. If they don't have them then after 12 working days the debt is unenforcable and you need make no further payment until the CCA is provided. It would be easier to save up to make an offer if you could put the monthly payments towards the offer (and possibly in a high interest account).

    You are legally entitled to ask for your CCA at any time. It doesn't mean you are going to stop payments or anything like that - you are just excercising a legal right (to keep your records up to date).

    Edit: Just remember there is no CCA for an overdraft. Loans and creditcards will be covered though.
    After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91

    Dad Gift 6k ¦ Savings & Inv Tst: £2,500
    Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0

    Total Owed: £2,270 (+6k) 11/08/2011
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