New here - please help :-(

Frith

I didn't send a SAR letter last week. I sent one ages ago, and the SAR came through yesterday. I was about to send a 2nd letter, but the SAR came so I haven't sent it.

Liz

RAS

Thank you for your recent response to the Subject Access Request received on (date) August 2007.

I also received a letter dated 16?????August 2007 in which you stated

"Thank you for your recent payment on 13th of August."

It appears that you have credited the £10 that I had sent you as the maximum statutory fee towards the amount that you demanded in your original letter, dated xx month 2007.

Please can you clarify the situation?

With respect to the Subject Access Request, I note a number of items that I cannot understand as they have been abbreviated.

Please could you explain what the following are and the basis on which they are calculated:

MBA
MLA

Anything esle for which they have used initials

Yours

RAS

ACey


Need the folllowing from the CCA that HSBC sent you

Exact date the document document was signed.

Principal loan

Amount of loan
Total charge for credit
Monthly repayment

credit protection

Amount of premium
total charge
monthly repayment

RAS

Acey

I am going to be asking you some rather complicted questions in the next few days, so can you try and bear with me?

As I understand it, what happened in the beginning is that HSBC replaced a overdraft and a car loan with a larger loan, with little consideration as to how you would be able to pay it?

Then they paid the loan payments from your current account, but since you did not have an income/only a low income, this meant that you were soon overdrawn again, so they combined the loan you were unable to pay with the new overdraft and lent you more money that you were even less likely to be able to pay.


This started in 2000 when you were on maternity leave. Before or after your older son was born? any idea what month they got you to sign for the first loan

There was another loan set up, rollling £950.73 overdraft into the loan in November 2000?

At this point, you were still receiving maternity pay, but the last payment was January 2001.

What income did you have between January 2001 and May 2001? Were you receiving any benefits - child tax credit, WTCX, child alllowance?

In May 2001, you were £1,414.98 overdrawn and this amount was rolled into the revised loan just before the acount was closed.

Between November 2000 and May 2001, did you get called back in to sign any other loan documents with HSBC (should show up on the paperwork that you have)?

RAS

ACEY wrote: »

I didn't send a SAR letter last week. I sent one ages ago, and the SAR came through yesterday. I was about to send a 2nd letter, but the SAR came so I haven't sent it.

Liz

ACEY

Please can you send a revised second letter. We need to establish that you paid the £10 for the SAR, not agains thte debt.

Also you need to know what those initials mean.

Edited the post number 163

Frith

Sorry, RAS, I am not ignoring you, but will find all the details tomorrow when the boys are not here! There is still one awake now, at 10.30....

Liz

Frith

RAS wrote: »

Thank you for your recent response to the Subject Access Request received on (date) August 2007.

I also received a letter dated 16?????August 2007 in which you stated

Dated 14th August

"Thank you for your recent payment on 13th of August."

It appears that you have credited the £10 that I had sent you as the maximum statutory fee towards the amount that you demanded in your original letter, dated xx month 2007.

4th January 2007! is the last letter I can find which demands money seriously, rather than being a letter together with CCA or SAR's.

Please can you clarify the situation?

With respect to the Subject Access Request, I note a number of items that I cannot understand as they have been abbreviated.

Please could you explain what the following are and the basis on which they are calculated:

MBA
MLA

These initials are not used in any of the MCS stuff. They just keep appearing on the HSBC statements so I will pop into HSBC and ask them tomorrow.

Anything esle for which they have used initials

Yours

10 characters added so this message will post....

Frith

RAS wrote: »

ACey


Need the folllowing from the CCA that HSBC sent you

Exact date the document document was signed.

27th November 2000

Principal loan

Don't know - this was more than 6 years ago so not included in the statements.

Amount of loan On 27th November 2000 it says loan required £1600 and to cover existing debts - £8570

then MLA 2650 MBA £950 CHARGES £27.50 INTEREST £12.12
to pay off car loan £4930.44 EXTRA LOAN £1600

with a grand total of £10,170.06



Total charge for credit all the above is handwritten scrawl but it also says £16,602 which I think would be the total loan above £10,170.06 with the interest added. HOWEVER... on another typed sheet, it states the total as £13,082.69. It gives the monthly repayments as 217.74

Monthly repayment £260.93. £217.74 for the loan and £42.88 for the loan protection?

credit protection says Amount of Premium £2001.65 Total Charge for Credit £572.80

Total Amount Payable under this Agreement £2572.80. Then the initial repayment was £42.88 with 59 further monthly payments of the same.

Amount of premium £2001.65
total charge £2572.80
monthly repayment

£42.88

The date of the 1st payment of this new super-loan was 31st December 2000.

Frith

As I understand it, what happened in the beginning is that HSBC replaced a overdraft and a car loan with a larger loan, with little consideration as to how you would be able to pay it?

First there was the mysterious MBA and MLA plus an overdraft.

The car loan was added 27th November 2000. I need to know what the MLA and the MBA were, as they were in existence before that date. The overdraft was paid off on 27th November from the large loan.

After 27th November 2000, they did not increase the loan. We had no income so kept paying everything and getting more and more overdrawn until they closed the account in May 2001.

Then they paid the loan payments from your current account, but since you did not have an income/only a low income, this meant that you were soon overdrawn again, so they combined the loan you were unable to pay with the new overdraft and lent you more money that you were even less likely to be able to pay.


This started in 2000 when you were on maternity leave. Before or after your older son was born? any idea what month they got you to sign for the first loan

Don't know when the MLA and MBA started as it was more than 6 years ago. My son was born in September 2000 and the large loan was taken out in November.

There was another loan set up, rollling £950.73 overdraft into the loan in November 2000?

At this point, you were still receiving maternity pay, but the last payment was January 2001.

What income did you have between January 2001 and May 2001? Were you receiving any benefits - child tax credit, WTCX, child alllowance?

We had child benefit for one child but this was collected from the Post Office so does not show on the bank statement. 23rd Jan 2001 I was paid £355.36 maternity pay (with the bills coming to c £600.....) After that we had no income at all until after the a/c closed. I do vaguely remember the ex not being able to sign on a) because he was always sacked and b) because I was on maternity leave - there was some confusion about this. There is no sign of tax credits being paid at all!

In May 2001, you were £1,414.98 overdrawn and this amount was rolled into the revised loan just before the acount was closed.

Between November 2000 and May 2001, did you get called back in to sign any other loan documents with HSBC (should show up on the paperwork that you have)?[/quote]

No.

I only have the CCA paperwork for the 27th November 2000 loan where the MLA and MBA were combined with the car loan.

Now looking at the bank statements from HSBC:

27th November 2000 Paid IN £12,170.00 (this was the loan going in the a/c)
also 27th £2,671.35 debit "loan protection"

29th November 2000 debit £4,985.49 to loan a/c
29th November 2000 debit £2,671.35 to loan a/c

Frith

Sorry, need to make a correction to post 168.

The most recent letter I have received telling me to repay the debt was dated 15th June 2007.

After that, I received the letter as mentioned about the £10 postal order going towards the debt and how I was to repay the debt following the £10.

Liz