Without a paddle... support for anyone starting a DMP in 2010 (part2)

mikon

Prof P.

Barclays have served a Termination Notice on me so my credit score is shot to pieces. I believe they serve these notices when the debt is so low it is not worth pursuing so they write it off and issue a Termination notice. the debt i believe is then sold on.

I may be wrong but I await to be corrected.

Emailed CCCS the contents of Barclays letter so i am awaiting them to get back to me tomorrow hopefully. DMP is a bit like a rollercoater ride i have been on the ups lately but this has brought me down.

Regards

regret70

I had a letter this morning from natwest accepting my payment for the overdraft I feel relieved as it was my main worry as they kept ringing my husband all the time.

Still worried about the pay day loans...

true27

Mikon - I'm sure it'll pick up again soon and I must agree with your lovely wife

Regret - great news from Nat West! Will keep my fingers crossed for many more

Nearly the weekend guys!!

VicB

ljm23k wrote: »

I don't seem to have got some statements too, must keep better track!

What is your payment due date for Next? I got the same as you but they don't seem to have acknowledged the first payment. They have now sent the same thing again. First it was May, June July, now July, Aug, Sept. Its the adding on of charges that angers me while they sort themselves out:mad::mad::mad:

Hi LJM, sorry I haven't come back sooner, managed to dig out last 2 Next statements/letters.

Letter on 24th May, with confirmation of CCCS payments in June/July/Aug. Says 'this will commence 8th June' and 'each payment required by 28th of each month' (which works with CCCS payments dates). Says balance is £815.96

Statement on 8th May, nice and RED, balance of £831.04, with £15.83 service charge and no mention of CCCS payment (although I started in April, they won't have got till 25th April, so may have missed this statement).

SO...by my calculations, the April CCCS payment is showing on the letter and my June statement SHOULD show the payment + refund of service charge!! (bloody cheek!! :mad:)

I hope this help! x

eyeopener2

regret70 wrote: »

I had a letter this morning from natwest accepting my payment for the overdraft I feel relieved as it was my main worry as they kept ringing my husband all the time.

Still worried about the pay day loans...

That was my biggest worry although they seem to have gone quiet now. They wouldn't leave me alone atfirst but i've had nothing since Saturday.

I explained in 7 seperate emails what the situation was and even reorted to begging them to accept. I've heard nothing positive as yet though.

Payday loans are just evil.

mikon

Hi everyone

Barclays update.

Received a Termination Notice from Barclays today wording is quite official. I believe this is a legal requirement and it notifies me that the account is not to be used and is being terminated. The worrying part is that it also says that they will apply £0.81p per day interest charges.

It also states that the debt may be passed to a DCA.

I have contacted Barclays and they have informed me that all interest charges have been frozen and no daily charges are being applied, they informed me that because an offer had be made albeit refused no chrges are applied any charges that are applied will be refunded.

They also informed me that the debt would probably be handed to their internal debt recovery team but this takes about 8 weeks so continue making payments until the debt Recovery Team contact you.

So I guess I just wait.

Regards

ljm23k

:mad:

VicB wrote: »

Hi LJM, sorry I haven't come back sooner, managed to dig out last 2 Next statements/letters.

Letter on 24th May, with confirmation of CCCS payments in June/July/Aug. Says 'this will commence 8th June' and 'each payment required by 28th of each month' (which works with CCCS payments dates). Says balance is £815.96

Statement on 8th May, nice and RED, balance of £831.04, with £15.83 service charge and no mention of CCCS payment (although I started in April, they won't have got till 25th April, so may have missed this statement).

SO...by my calculations, the April CCCS payment is showing on the letter and my June statement SHOULD show the payment + refund of service charge!! (bloody cheek!! :mad:)

I hope this help! x

Thanks!, I just heard back from CCCS and they told me that Next had been sent 2 payments but they re-sent the proposal to them anyway. They also told me not to enter into any agreement with Next in the future, to tell them they had to go through CCCS. I will write to Next myself and inform them of this and I won't be signing any more agreements with them. Its so frustrating when you think one of your creditors is playing fair, then find out thats not the case:mad:

ljm23k

So I got my latest statement from Halifax today, WITH INTEREST CHARGED :mad::mad::mad::mad::mad::mad:

I phoned them (getting brave here!) and they said it was because the DMP was cancelled as the payment for March was insufficient???? £1 token, DMP didn't start until April!! Anyway, they set it up again for 12 months and changed the due date. You'd think the dumb-!!!! creditors would have the sense to change the due dates of customers on CCCS DMPs to a suitable date:mad::mad::mad::mad:

ljm23k

don't you just hate it when MSE censors your "offensive" words (see exclaimation marks above) It makes everyone think you typed a really bad word when it was only slang for bottom....

eyeopener2

Spoke too soon.

Paydayuk emailed saying they had tried to ring me, no they hadn't although I wouldn't answer them anyway, saying that the DMP is unacceptable to them.

Apparently my credit rating will be badly damged if not WRECKED if I do not pay them NOW.

Which part of "I have no money" do they not get?

Replied saying CCCS my appointed third party.....no money....all creditors bar you have accepted......debt collection guidelines.....

Aaaaaarrrrrrrrrrrrrrrrrrrrgggggggggggh

E2