Sub Prime Credit Thread Part III

ElkyElky

Innocent_Guy wrote: »

Hi Guys,

Do Halifax have an application status checker?

If you log into your online banking, it should list the account you applied for and a link saying "Application Status" or something similar. It will tell you if they have made a decision and whether its an acceptance or decline.

wizzywig27

oh, and what the hell, I have a tomobile account, just tried to pay it early (before direct debit is due) and if I do I have to pay £3.50 as its a different payment method, grrrr!

never-in-doubt

wizzywig27 wrote: »

A quick question, if the ex's grandparent took me to small claims court, for 'money owed' and the court found in her favour, who will they register the CCJ with? Also I receieved a letter around December time (last year) and they advised me they were no longer managing the account and I would recieve a letter from the new company but never did, and have not since, will I be getting defaults? I totally new to this CCJ game!

How can the exes grandparent take you to court? have you got a signed agreement in place, verified by a solicitor for the loan? If not then they would lose in court - same rules apply to family 'gifts' as a company.

Just argue the CCJ on the basis that you need proof of the agreement and if they can prove (i.e. any letters etc between yourselves whereby you admit liability) then just make a token payment of say £50 per month and the CCJ will be removed (set-aside).

Its not easy to just register a CCJ but it is easy to get them removed.

You cannot get a default because there was no data protection or sharing of info agreement/signature so if anyone registers a default they have broken the law and I suggest you speak to a solicitor - it cannot be done for personal debt (i.e. family loans).

never-in-doubt

fairmorn308 wrote: »

This is the problem due to them saying they are keeping £400 odd and i was saying no i want full payment and it went to court and i lost

You aren't helping much mate! Have you already replied to their letter and did you amend my letter to mention the cash element? I'm confused, as are they, as to why you've suddenly started acting about this already?

Regards to default, it is not the default that you need to worry about - it is statute barred and they have said this in their own letter to you (i.e. the default went on in Nov 2003 and will drop off Nov this year but this is wrong cos its 5yrs up norf!)..... However only for statute barred.

Bottom line is that you need to be a lot more forthcoming about this cos i'm lost mate! Why did you take them to court (are you mad?) on what basis/advice? Can you sue whoever suggested you take it court?

What was the principle offer that made you go that far? How did you lose, what was the judgement? Were there conditions? Did the judge say that the debt had to be repaid?

See what I mean, so many permutations dependent upon the question.....

You should never have gone to court - thats what puzzles me, why did you and what for?

wizzywig27

never-in-doubt wrote: »

How can the exes grandparent take you to court? have you got a signed agreement in place, verified by a solicitor for the loan? If not then they would lose in court - same rules apply to family 'gifts' as a company.

Just argue the CCJ on the basis that you need proof of the agreement and if they can prove (i.e. any letters etc between yourselves whereby you admit liability) then just make a token payment of say £50 per month and the CCJ will be removed (set-aside).

Its not easy to just register a CCJ but it is easy to get them removed.

You cannot get a default because there was no data protection or sharing of info agreement/signature so if anyone registers a default they have broken the law and I suggest you speak to a solicitor - it cannot be done for personal debt (i.e. family loans).

Hiya thanks for the reply mate...

Basically her nan paid for a holiday for me, I thought it was a gift, then after we boroke up she claimed it wasnt a gift and took me to the small claims court, the judge decided in her favour after statements from my ex - anyway I offered £20 a month, they accepted, since that she has declared herself bankrupt, so obviously she has people managing her estate, which is where the money is being paid! I have not heard from them in almost a year, but I have not checked my CF.

TheEffect

I'm switching to Natwest. Opened a Current Plus with them today on the phone. They said it had been accepted and no ID was needed (as I had an account with them when I was 13). Just need to sign and return documents.

I rang HSBC Plus line to ask them to put my account down to a normal account and they were quite rude for the first time. They told me as I plan on leaving them, they will close the account and not downgrade it, as we require £500 to go into the account. They also said they wont close my regular saver for me now and they'll close it when I phone them on Monday to get my plus account downgraded/closed.

PARIS_5000

Why did tell them that you were closing the account because you could have the HSBC one as well as the Natwest account.

Natwest can take a long time to open the account and HSBC are much better bank than Natwest.

never-in-doubt

TheEffect wrote: »

I'm switching to Natwest. Opened a Current Plus with them today on the phone. They said it had been accepted and no ID was needed (as I had an account with them when I was 13). Just need to sign and return documents.

I rang HSBC Plus line to ask them to put my account down to a normal account and they were quite rude for the first time. They told me as I plan on leaving them, they will close the account and not downgrade it, as we require £500 to go into the account. They also said they wont close my regular saver for me now and they'll close it when I phone them on Monday to get my plus account downgraded/closed.

Are you totally mad? Leaving HSBC to go to shattywest? I thought you were clued up, well I did until I read that last post mate

TheEffect

PARIS_5000 wrote: »

Why did tell them that you were closing the account because you could have the HSBC one as well as the Natwest account.

Natwest can take a long time to open the account and HSBC are much better bank than Natwest.

They haven't taken any action on my account yet. They said I must ring another department on Monday to get it downgraded.

I'm off to University next year (have unconditional offer) and will be opening an account with Natwest anyway to get their rail card (will save me money), so might as well have an account with them now and switch it to a student account when I go.

They have a few things that HSBC don't

• UK 24/7 Call Centres (HSBC don't, unless you pay £13/month)
• Free txt alerts/messages (HSBC charge £2.95, unless you pay them £13/month)
• Natwest regular saver is 5%, HSBC is 4% unless you pay them £13/month
• Natwest allows you to ring through to your direct branch

never-in-doubt

wizzywig27 wrote: »

Hiya thanks for the reply mate...

Basically her nan paid for a holiday for me, I thought it was a gift, then after we boroke up she claimed it wasnt a gift and took me to the small claims court, the judge decided in her favour after statements from my ex - anyway I offered £20 a month, they accepted, since that she has declared herself bankrupt, so obviously she has people managing her estate, which is where the money is being paid! I have not heard from them in almost a year, but I have not checked my CF.

Hang on, which court decided in her favour? How the hell can they do that using an ex as party (i.e. usually they are an ex for reason and it aint good!) so anomosity is evident and the court believed her?

Wow - did you challenge this and reverse it saying the loan was in fact for the ex and she invited you to go?

If the grandmother is not b/r then to be fair the creditors can shovel for their dosh! Keep to the agreement, how much you owe? They will usually accept a low offer in such cases to allow winding up of estate.

Take advantage maybe.... This just goes to show you what goes around comes around - bet you laughed when you heard the news? :beer: