We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Can creditor charge 'Fee' while on agreement?
fuzzgun19
Posts: 7,767 Forumite
I have been in an 'Agreement' with creation finance for a fair few months now paying £10 per month (the debt is about £250 in total).
I was a few days late paying this month, and have received the below letter saying they are charging me a 'late fee'.
Can they do this while I'm on an agreement as I thought they couldn't add interest or anything onto the account while you are in financial difficulties..?
I was a few days late paying this month, and have received the below letter saying they are charging me a 'late fee'.
Can they do this while I'm on an agreement as I thought they couldn't add interest or anything onto the account while you are in financial difficulties..?
I Hate Jobsworths!!!
0
Comments
-
Sorry I can't offer advice, but I was a bit concerned that you have posted your account no there for all to see.0
-
Thanks for that, have edited it.I Hate Jobsworths!!!0
-
Bump...Anyone know?I Hate Jobsworths!!!0
-
**Bump**..I Hate Jobsworths!!!0
-
**Bump**..I Hate Jobsworths!!!0
-
As afr as i know, they are entitled to charge a fee - but i would question £20 - have you had any others previously?? Might be worth claiming them back, similar to credit card chargesNo Longer works for MBNA as of August 2010 - redundancy money will be nice though.
Proud to be a Friend of Niddy.
no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date0 -
Write to them and ask for a breakdown of the £20.00
Click here for Martins (MSE) advice on who to contact with Debt Issues - YOU HAVE NO REASON TO USE A FEE PAYING DEBT MANAGEMENT COMPANY- THEY CANNOT DO ANYMORE FOR YOU THAN THOSE LISTED IN MY LINK ABOVE.
All information given by myself is offered informally and without prejudice - if in doubt seek help from a qualified and insured professional0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards