Payplan and going it alone

tottenhamgirl

pebbles88 wrote: »

forgive me if i have missed it, but have you checked that they have the right cca's for you??

sorry pebbles what does ccs mean i am a bit lost lol

pebbles88

tottenhamgirl wrote: »

sorry pebbles what does ccs mean i am a bit lost lol

cca = consumer credit agreement....

if one (or more) of your debtors doesnt not have the correct agreemtn that it can mean that it is unenforceable.

have a look on this thread..

http://forums.moneysavingexpert.com/showthread.html?t=1868507

ina nutshell, if your agreements with either loans/credit cards were originally done before april 2007 then you could possibly look into cca'ing your creditors.

if it turns out they do not have the correct agreement, it can put you in a better position to negotiate payments with them, and in some cases, refuse to pay them anything at all, although i point out that the latter is up to you and no one else. ie, if they dont have the right cca, you can refuse to pay, but if you want to, it gives you greater negotiating power as in a way they cant force you to do anything.

i am not the best at explaining things, but if you search on this site for this type of thing you will get lots of info.

Karen_30

Hi,

I was with payplan for two years and then decided to go it alone as they kept making late payments to a couple of creditors - cause all sorts of problems as you can imagine!!

I just told people that my circs had not changed but that I would be making the payments to take a better control, that was a long while back now and all has been fine and dandy.

Go for it....it also frees up possibility of clearning/offering settlements easily.

Good luck.

tottenhamgirl

Karen_30 wrote: »

Hi,

I was with payplan for two years and then decided to go it alone as they kept making late payments to a couple of creditors - cause all sorts of problems as you can imagine!!

I just told people that my circs had not changed but that I would be making the payments to take a better control, that was a long while back now and all has been fine and dandy.

Go for it....it also frees up possibility of clearning/offering settlements easily.

Good luck.

thanks i am going to ring round tomorrow and explain, i have had the same problems payplan seem to keep the money for up to 2 weeks before it gets sent and payments have been getting there late, i have a few creditors that i oew very little to and want to get thempaid and finshed and payplan say i cant do that, did any of your creditors change the payment amounts? or add on interest?

Karen_30

tottenhamgirl wrote: »

thanks i am going to ring round tomorrow and explain, i have had the same problems payplan seem to keep the money for up to 2 weeks before it gets sent and payments have been getting there late, i have a few creditors that i oew very little to and want to get thempaid and finshed and payplan say i cant do that, did any of your creditors change the payment amounts? or add on interest?

Nope, everyone is happy and it's been the same since:D Good luck!

P.S - I too want to clear a couple of small silly ones that payplan wouldn't let me....it's nice to feel in control

stephy110288

pebbles88 wrote: »

cca = consumer credit agreement....


ina nutshell, if your agreements with either loans/credit cards were originally done before april 2007 then you could possibly look into cca'ing your creditors.

thanks for explaining the unenforcability thing, as i really didnt understand it myself before. you say 2007 on here but i read somewhere else it was 2006?? was it a typo or is it 2007?? only asking because it would make a big difference to me if it was 2007 haha
thanks

pebbles88

stephy110288 wrote: »

thanks for explaining the unenforcability thing, as i really didnt understand it myself before. you say 2007 on here but i read somewhere else it was 2006?? was it a typo or is it 2007?? only asking because it would make a big difference to me if it was 2007 haha
thanks

i have always been told its april 2007

http://forums.moneysavingexpert.com/showthread.html?t=2305463

have a look on this thread for further info and template letters etc