Bad Credit Score - Advice please :(!

GDYEAR

I'm a 20 year old worker with a bad credit score - sad sight.

I believe it's due to a debt I owe to a company that now no longer exists and that company is the ever so evil Double Take Studios. Almost a year back I found out that they went into admission and since I've moved house, got a new mobile and land line number (not intentionally of course) and I've not heard from them since. Double Take Studios set me up with Ezi Pay and now I've been passed on to a debt collectors called CERTEGY LTD and I believe this is who I'm waiting to track me down like a hungry hound. Credit Expert says that I owe them £1,048 - not too bad I know BUT really I don't want to pay for it at all. I feel like I'm handing money over to an invisible man.

The whole experience was awful. Being a push over I even signed the part of the contract that asked whether I felt pressured. Of course I felt bloody pressured. I felt pressured just by being asked that bloody question.

Does anyone have any tips on reducing debt with a-holes like these or has anyone been in the same or similar situation - how did it turn out for you?

I think it's come to the point that I just want to pay it off to get it out of my hair but there are many others things I need to spend my money on - rent, driving lessons, saving for a car, passport, phone bill etc.

I'm usually pretty good with money but it's just this stupid, massive mistake which has just toppled my previously spotless credit rating into a big stinky pile of poop.

Thank you all.

BugsyBrowne

Pay the debt because it won't go away.

You don't pay the debt you better get used to getting turned down for credit.

redcard

What a bizarre, entitled attitude you have.

You might pay it just to get them off your back?

Move back in with mummy for a while and move out when you can afford it.

runforlife

Why don't you want to pay for your debt?

mattyprice4004

You don't want to pay for it at all? That's too bad, this is the real world where you have to pay for things you buy.
I suggest you contact them and try to come to an arrangement to pay, either that or have a trashed credit file and potentially be taken to court etc.

Sometimes you have to accept you've made mistakes and pay for them - the ultimate 'fix' is to learn not to sign up for things you don't want / need.

The_Boss

Must be a troll. Don't take the bait.

19lottie82

you spent the money, so

1) pay it back

and

2) stop moaning

savingjenny

The poster says they are 20 (of course we can't check that) but in that case, given Double Take Studios very bad reputation (see http://www.thisismoney.co.uk/money/bills/article-1671245/Doubletake-Studios-customers-not-smiling.html if you haven't heard of them) I have some sympathy.

As the company has gone into administration, it seems likely that your debt was bought for quite a bit less than its face value. In that case I think you should consider offering a full&final settlement of say £250. This page http://debtcamel.co.uk/debt-options/less-common/full-final/ describes F&F offers and has a link to a sample letter that you can use.