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MBNA debt sold to Idem capital secuities.

BEAT_THE_DEBT
BEAT_THE_DEBT Posts: 2,219 Forumite
Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
in Debt-free wannabe
Hi i have a dmp, i have just receved a letter saying mbna debt sold to idem. What does this mean for me? Will the debt grow? Oe does it just stay the same.
I will contact dmp monday to imfom them .
Thanks
btd x

Comments

  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    Just a different person to pay
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
  • Rochdale_Guy
    Rochdale_Guy Posts: 1,710 Forumite
    edited 28 January 2012 at 7:02PM
    Hi, can I ask how much you owe to MBNA?

    I owe them £9k on a credit card and am about to start a DMP.

    Reading your post has terrified me they won't accept a token payment through the DMP company :(

    They are currently getting £296 a month off me with £208 of that in interest charges :(

    I can no longer pay this ridiculous amount hence starting a DMP soon as I can't afford the other card debts either.

    Thanks and good luck :) :T


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  • BEAT_THE_DEBT
    BEAT_THE_DEBT Posts: 2,219 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    Hi Rochdale guy dont worry i am sure they will take you ona dmp i had no prob. I suspect they sold my date on as i missed 2 payments in 24 months. I owe 3k to one and 4k to other. Dmp best thing i did though so dont worry xx
  • Rochdale_Guy
    Rochdale_Guy Posts: 1,710 Forumite
    Thanks BEAT THE DEBT.
    .
  • sickasachip13
    sickasachip13 Posts: 1,190 Forumite
    They just sold a few people's debt - see the DMP Mutual Support Thread. Mine has just gone to a different DCA.
This discussion has been closed.
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