Ask a CCCS counsellor a question

ally1d

hi all, if anyone can give me some advice, this is probably an easy question for you all!
during my more stupid days i did the obvious and got into debt, credit cards and loans etc, to solve that problem i used Apex debt management ( i know, i know, but only now!!) after ending my contract with them, i have now settled all my accounts , but my experian credit report is still showing some to be 8 payments late but account satisfied, do i need to simply write to experian and ask to change it? and also should i write to all the creditors to close those accounts down, would this then remove them from my credit report?? if all this makes sense and you can advise it would be fantastic, cheers!!

himitsunomogura

8 doesnt refer to 8 payments late - it is showing that the accounts were listed as defaults, but as they are showing satisfied it means lenders know you have now paid them off. They will remain on your credit report for 6 years from the default date (that is fixed, nothing you can do there if they were genuine defaults), then automatically drop off. Hope that helps!

ally1d

cheers is that 6 years from date of default or when?

himitsunomogura

Yep ally1d, 6 years from the default date - the date that they supplied to the CRA anyway, which might be a bit off from the date that they notified you. Check the date on your credit report. If you are subscribing to the online service with some CRAs you will also get an email or text that week, notifying you that an account has been removed.

303

Hi there,

Having gone through the online debt counselling on the CCCS website a few weeks ago, and as a result written to my creditors with offers of pro-rata payments, I have received an offer from HSBC of a Managed Loan at 0%. Obviously there are a lot of horror stories around about Managed Loans - would you say an agreement at 0% APR above base rate (although they do reserve the right to review this at a later date based in our income and expenditure) is too good to be true??

spinningsheep

I went to the CCCS for advice and they worked out a DMP for me which I have sent all the letters for, however, only 3 out of my 10 creditors have replied and accepted the offers of payments, the others just keep sending threatening letters. What else can I do? Also, my income will be going down soon as one of my lodgers will be moving out, and we aren't allowed to get anyone else in to replace her,(landlady is fine if we know them but we have no friends looking for a houseshare at the moment) meaning we'll each have to pay more to cover her portion, and theres a prospect of the other lodger going too, so I will have to pay an extra £300 a month to cover it all, making my offers of payments unworkable now. What do I do? I seem to be getting nowhere.

phatlad

just received letter from AKasking for money on old barclays business acc this is from around year 2000 is this statute barred

callywally

Hello,

Some advice please. I am on a dmp and one creditor is lloyds tsb for a overdraft on a currant account despite asking several times they are still taking a monthly fee on this account. I have asked for the account to be closed or changed to a non fee account several times but they just ignore my letters and keep adding the charge every month. i am no longer useing the account and am paying the amount agreed by cccs to lloyds tsb.
As the charge is more than my payment each month I am getting no where are they allowed to keep adding this charge every month even though i have asked them to close the account. any advice please.
thanks

marns

I'd like to know if how you decide whether to help someone with there debts. I don't quite know the scale of mine, but I'm guessing between 15 and 20K.

Techinacly, in terms of income I should be ok but things have been getting out of hand. I had a letter from a bailif at the weekend. My problem is even when I know I what I should do I just can't. I'm depressed and I just can't cope. I know I should contact my creditors but the idea brings on such a feeling of panic that at one point I thought I was having a stroke.

Thanks

Marns

cleomolly

Hi, I'm going to be entering into a DMP soon and wouldl ike to know what to do with my bank accounts? I have posted elsewhere in the forum but haven't had much luck.

i currently have a joint bank account with my OH, the bills all go out, some are in my name, some are in his, it's not split down the middle as most of them are in my name, but it has never mattered before as we both get paid into that account and share whatevers left. now i need to open a new bank account as i have debts with the current one, which are paid from the joint account. my question is, can any of my creditors take money from the joint account if it is left as joint account? my idea was to have my wages paid into my new account and transfer enough to cover the bills coming out of the joint account, but could anyone take money from this joint account as my partners wages would still be going in there and all our debts coming out. hard for me to explain but hoping it makes sense!! Thanks in advance : )