Barclaycard AP removal [successful]

happy_bunny_2

malarkey wrote: »

Surely these new guidelines would not be retrospective? I.e. They can only be applied going forward?

I would assume this to be the case.

dumpyboy

I was told the new guidelines were drawn up by the credit industry and the ICO as the old ones were to restrictive which seems totally un fair as the credit industry telling them what do do complained to my mp he said wait till FOS look at it

erskineman

Barclays (manager in Executive Offices) told me last month that the ICO Guidelines are just that - 'Guidelines' - and they don't have to abide by them!!
They did however go onto say, they are currently reviewing their position on this (arrangement and late payment markers), in order to minimise 'future' complaints.
Apparently their Executive Offices, as well as their Customer Relationship Depts, are receiving many complaints about this.

xgingerx

Just FYI, Nationwide have just back dated my default date by 2 years thanks to the advise on this thread thanks all

fermi

A success ---> https://forums.moneysavingexpert.com/discussion/comment/65724206#Comment_65724206

Monkeyballs

Hi,

I entered into a DMP with SC back in August last year and recently raised a complaint to ask for the account to be defaulted.

I have paid £30 against a £2k debt and am repaying 0.59% interest which amount to around a third of the amount paid each month.

I received a final response back today to confirm that they intend to continue to add AR to my file until the debt is fully repaid despite using the ICO regulations argument.

They advise me the AR is more favourable than a default and is not putting me in a worse position than someone not paying their debt...

I've made a complaint to the FOS to review the decision so I guess it's a case of wait and see but ironically I spoke to someone at Barclaycard a few days ago who agreed that she thought it was less favourable but that was only from an outside perspective...

MB

rizla_king

Monkeyballs wrote: »

They advise me the AR is more favourable than a default and is not putting me in a worse position than someone not paying their debt...

Total bullsh!t. In the long term it is much worse. It screws you for 6 years after it is paid off rather than 6 years from the default.

20aday

rizla_king wrote: »

Total bullsh!t. In the long term it is much worse. It screws you for 6 years after it is paid off rather than 6 years from the default.

It is total BS!

When I entered a DMP they told me I'd be better off.... Wrong!

If I'd defaulted they would've fallen from my credit files a couple of years ago.

Monkeyballs

rizla_king wrote: »

Total bullsh!t. In the long term it is much worse. It screws you for 6 years after it is paid off rather than 6 years from the default.

Hi Riz,

Yup, that's what I said (in a less colourful way lol) on the call... I've since had it in black and white as a final response hence the FOS complaint...

Even on the call she woman I spoke to kept going on about the AR marker being for a short term agreement and she seemed to be suggesting that my DMP was just that, a short term arrangement? Sure, it's short in so far as I aim to pay if off within the next couple of years at most but I'd tend to say short term is six months tops?

MB

cmssbrie

Has anybody who has taken this to FOS actually had a ruling yet? I raised my complaint with FOS after Brclaycard refused to budge around 6 / 7 weeks ago, but just wanted to know if anybody has actually been through this route yet, and of course if they had any success with the FOS?