Should we apply again?

rizel23

Thrugelmir wrote: »

Lenders won't be interested in the reasons why. Finance houses are no obligation to ever deal with you ever again. Something worth remembering. In years gone by it was called black marking. Basically meant that the individual(s) concerned were untrustworthy and that no business should be conducted. No reports kept on file just a permanent black mark. Lenders require protection too.

So you need to weigh up whether its worth the risk for such a small sum.

Thanks, that why I will be taking action over the next week to get them removed.

Thrugelmir

rizel23 wrote: »

Thanks, that why I will be taking action over the next week to get them removed.

I'm not referring to the defaults listed on your public profile, but the mark that each lender you default on may retain themselves. To protect themselves in the future.

rizel23

Thrugelmir wrote: »

I'm not referring to the defaults listed on your public profile, but the mark that each lender you default on may retain themselves. To protect themselves in the future.

I'm pretty sure "black listing" is a thing of the past in the old days when they did so on addresses which was out ruled, its also more valid for IVA's, i think the banks are to busy churning out automated letters to manually sit through defaults, they can not get the dates right in my case.

If it is the case i will no longer be dealing with Barclaycard (just cancelled my last card with them anyhow) or MBNA fortunately.

Thanks for you comments though.

The_J

I just came back to query the playing god comment. Seriously, grow up. With that you have answered by question on whether you have any friends or hobbies with a resounding no. What a pathetic, immature life you lead that you feel the need to get one over on the banks.

You think the banks caused this recession? If so then you are even more stupid than I thought. You think every financial institution wanted to lose 3/4 of it's value practically overnight? They made mistakes and were certainly too risky but the public caused this recession, the weight of defaults on mortgages and credit cards exceeded a critical level (mainly because everything is so massive and widespread that it is virtually impossible to spot this critical point until it is too late). That's an incredibly simplistic explanation but I fear even this may go over your head.

People like you are the reason we are in this recession. That is the sweet irony of your railing against the banks, they are merely the vehicle that was used to bring everything crashing down. You are blaming the gun, not the thug shooting it.

To me, it is hilarious. I pity your ignorance. You think Barclaycard care about your 2k? They couldn't give a !!!!. It will cost you more than that in time and effort spent trying to get a resolution. Good luck getting a mortgage I'm sure you will enjoy reading the small print to see if you can get out of that :rotfl:

rizel23

The_J wrote: »

I just came back to query the playing god comment. Seriously, grow up. With that you have answered by question on whether you have any friends or hobbies with a resounding no. What a pathetic, immature life you lead that you feel the need to get one over on the banks.

You think the banks caused this recession? If so then you are even more stupid than I thought. You think every financial institution wanted to lose 3/4 of it's value practically overnight? They made mistakes and were certainly too risky but the public caused this recession, the weight of defaults on mortgages and credit cards exceeded a critical level (mainly because everything is so massive and widespread that it is virtually impossible to spot this critical point until it is too late). That's an incredibly simplistic explanation but I fear even this may go over your head.

People like you are the reason we are in this recession. That is the sweet irony of your railing against the banks, they are merely the vehicle that was used to bring everything crashing down. You are blaming the gun, not the thug shooting it.

To me, it is hilarious. I pity your ignorance. You think Barclaycard care about your 2k? They couldn't give a !!!!. It will cost you more than that in time and effort spent trying to get a resolution. Good luck getting a mortgage I'm sure you will enjoy reading the small print to see if you can get out of that :rotfl:

For a moment I thought you were a Financial Advisor? I don't think your comments of any constructive value to either the original topic or sub topic will be doing your reputation any good, personal opinions questioning facts of law does not not bond well in your profession. I'm not going to enter silly arguments of "I have more friends than you" I take it we won't be Facebook friends any time soon....

I understand that you'll probably find it frustrating that general members of the public are more than happy to challenge any consumer law acts, and that not all of us will just do what other people and institutions tell us to do. My argument is, has and will always be based on legal facts quoted directly from the legislation that is relevant to them. I'm happy to proceed in removal of these defaults and pretty confident i will have them removed soon.

I'm not going to entertain any further 'banter' as I don't want my thread closed, so back on topic please :money:

Dave_Ham

Quick Few Questions:

In your world of hiding behind "legal contracts"

Is a phoney home insurance fraud ok (I mean nowhere in the t & c's does it preclude "accidents on purpose" in the accidental damage section

What about if you go out for a meal and they forget to leave the bill on the table - do you leave without paying as it was their fault?

What about if a neighbour does a bit of cash in hand work and a punter drops the payment through your door?? He should not be doing cash in hand work in any case, so all bets off yes?

What about a car crash - you have a pain in your neck, do you go to hospital and et it defined as whiplash or soldier on?

You know what I swore I would stay away from this thread (and I bet J did too) but I would have had more respect if you just came on and said I thought I would try it on, their slip up and I thought I was going to save £2k rather than this other garble...

Given this experience and your time again, would you have just paid the debt you owed or gone through this fable all over again?

Thrugelmir

Back on topic.

Are you intending to settle the outstanding debt?

rizel23

The_J wrote: »

You're the one asking for advice. You're the one struggling to get a 90% mortgage on a house that's not even threatening the stamp duty barrier. I'm the one mortgage free, feet up, in my office drinking a cup of tea watching my shares bounce back from yesterday's drop.

My secret? Playing fair. I suggest you try it. Barclaycard will probably remove the defaults, I've never known a situation where a lender hasn't when argued sufficiently, but they will drag it out for so long, and infuriate you so hard that I can assure you it won't be worth it. Your file will be tagged "Bottom of the queue", it will only be looked at by the most junior assistant in Bangalore, when you call you will be placed on hold while "George" goes on his lunchbreak.

This is what banks do. Enjoy your 2 grand :grouphug:

I'm glad your happy sat at work looking at your shares replying to my thread, you must be busy. You'll be pleased to know that the tax from your hard work goes to towards my .gov pension, so many thanks :-)

I have never asked for advise on dealing with defaults (as you can tell I know a thing about consumer law) i just bided my time as to when I should challenge them to increase my chances of having them removed fully and see nothing wrong with that.

I did however ask for advise on if i should apply for a mortgage in our current situation, if it means waiting another 6-12 months then thats fine, holiday and larger deposit will be the goal

rizel23

Thrugelmir wrote: »

Back on topic.

Are you intending to settle the outstanding debt?

We can clear all outstanding debt (other than defaulted amounts for reasons above) but would rather not as its all interest free.

I did some reading into best mortgages for our situation and the Ipswich came up, i rang them and explained the situation and advised of the defaults and they did not discourage us from applying if recent history is good and can be backed up with documentation. However they are not doing any further applications at the current time due to back log, but should be in a few weeks.

Dave_Ham

Thrugelmir wrote: »

Back on topic.

Are you intending to settle the outstanding debt?

Have you actually read any of thread?

I was hoping you was going to be all over this, almost looking forward to your retorts and thought we may actually agree..

Come on have a proper read - you will be horrified...