Very old Debt from 1985

particular

I am still paying off an old barclaycard from 1985, I pay an amount every month and went to the CAB regarding this, recently I asked for my original agreement and they cannot find it, I still owe just over £1000 and the interest has been stopped, what should I do?

redpete

particular wrote: »

I am still paying off an old barclaycard from 1985, I pay an amount every month and went to the CAB regarding this, recently I asked for my original agreement and they cannot find it, I still owe just over £1000 and the interest has been stopped, what should I do?

What do you want to do? Do you dispute the amount owed? Do you dispute whether you have to continue paying because neither you nor they can find the original agreement? Do you think it might have 'timed out' because it is so old? (AIUI the answer to this last one is "No" because you have been making payments recently.)

Why has the interest been stopped, seems good of them to do this?

nomoneytoday

particular wrote: »

I still owe just over £1000 and the interest has been stopped, what should I do?

Continue to pay off the debt

KingElvis

Yep, not much you can do here as the payments have not made the SB clock tick.

particular

redpete wrote: »

What do you want to do? Do you dispute the amount owed? Do you dispute whether you have to continue paying because neither you nor they can find the original agreement? Do you think it might have 'timed out' because it is so old? (AIUI the answer to this last one is "No" because you have been making payments recently.)

Why has the interest been stopped, seems good of them to do this?

I went to the CAB and they asked them to stop the interest, so I only pay on what the debt was left with.

izools

I don't really understand the motive behind your question.

Barclaycard gave you a credit card in good faith, which you held for a long time, you used it, came into a period of financial hardship (I presume) which resulted in Barclaycard, again in good faith, suspending the interest, to help you continue paying the debt.

So... continue paying the debt?

molerat

izools wrote: »

I don't really understand the motive behind your question.

Oh yes you do

[Deleted User]

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