Brogden's Debt Disaster & Self Managed DMP!

NoOneAround

Brogden wrote: »

I've responded NOA !! A bit late........soz

A load of hugs and kisses to you anyway I've already crashed into your garden onto the tomatoes before your gracious and cordial invitation :):) !!!!!

Brogden xx

Lunch decision made for tomorrow then - tomato soup it is......
xx

PinotGrigio41

You daft pair !! :rotfl:

hope all is calm there this evening Brogden xx

grannyx2

Oo yummy tomato soup, can I have some, pretty please

X

Brogden

grannyx2 wrote: »

Oo yummy tomato soup, can I have some, pretty please

X

Thanks Granny - I love my soup served out of the window cleaner's bucket!!! :rotfl:

Brogden

PinotGrigio41 wrote: »

You daft pair !! :rotfl:

hope all is calm there this evening Brogden xx

It wasn't that calm last night Pinot but it has been since I got up (very early this morning.) I spoke to the offending callers (ARC Europe) today from the car - all is OK It just irks me a bit to be pilloried and vilified for getting a bus lane fine and having to pay an insurance excess but when I clear space in the budget to pay this I get told off because a DCA calls the house......yes I should have forewarned them that they weren't getting their monthly payment this month....didn't get around to it.... but priority bills have to come first

Thanks for askin' M'dear

Brogden x

Brogden

PinotGrigio41 wrote: »

Hey Brogden,

So glad the envelopes are working three days in ! I love having pennies left over, even its only 2p, it all adds up in the end .

I have a glass jar, everyone laughs hear when the sound of the spare money goes in and we all now empty any loose change into it including the girls. We do dip in every now and then if they need extra bus fares etc, but all in all it works well. We save it for a year, then count it all up and have a treat. To be honest we have been doing that for longer than the DMP has been running, it has become some sort of tradition and is always cashed in the day before October Half term starts.

As for the noise, my Dad always used to save in an old long sock !! It was all very secretive and if I remember rightly it was only his coppers that he saved. We did always insist that sock must be clean and not stinky and smelly ! Once his sock was full, he would count it all up again in secret , then surprise one of us with a treat, even when I was grown up he would give me money from his sock savings to have a meal if I was going on holiday or treat my mum to some plants for his garden. It gave him great pleasure to be able to do this. Perhaps this is why I started the glass jar tradition many moons ago.

Anyway , maybe an old ( quiet) sock is the way to go for you too !! xx

Thank you.....lovely post

I read about your dad when I caught up with your diary a while ago. I lost my dad and my mum in the same year a while back. Its funny how you remember certain things about how they were and what they did. Being a bit younger I would have thought that all of it was irrelevant and boring but the things your parents did, they normally did for good reason and for the best result.....and usually for us Just because you don't know what the internet is (as my Mum asked me) doesn't mean that you don't have the deepest understanding of life and the things that are the most important.

Its like 'thought for the day isn't it?'

Hope all the PG-er's are fit, well and happy and speak again soon.

xxx

P.S. No spare socks available - I might have to use a pair of the missus' tights!!!

PinotGrigio41

Brogden wrote: »

Thank you.....lovely post

I read about your dad when I caught up with your diary a while ago. I lost my dad and my mum in the same year a while back. Its funny how you remember certain things about how they were and what they did. Being a bit younger I would have thought that all of it was irrelevant and boring but the things your parents did, they normally did for good reason and for the best result.....and usually for us Just because you don't know what the internet is (as my Mum asked me) doesn't mean that you don't have the deepest understanding of life and the things that are the most important.

Its like 'thought for the day isn't it?'

Hope all the PG-er's are fit, well and happy and speak again soon.

xxx

P.S. No spare socks available - I might have to use a pair of the missus' tights!!!

Now that would be a sight to behold !! :rotfl:

A thought for the day is good, I like that idea ! x

Brogden

PinotGrigio41 wrote: »

Now that would be a sight to behold !! :rotfl:

A thought for the day is good, I like that idea ! x

Thanks........its only the loose change in the tights! Not me......:p

Brogden

Good Morning Everybody

Well its all quiet at Brogden Towers and I am at my desk all day. I burned a bit of diesel on Monday and Tuesday and ticked one hell of a lot of work boxes so its great to have a day to get organised and then I’m likely to be out at least some of the day on Thursday and Friday. As I will be driving only a few miles today for errands I am expecting a significant ‘undershoot’ in the daily envelope budget and maybe a note or two in addition to the coins will be saved at close of business tonight!

I have amended my signature for October – nothing too exciting and I hope you are not all going to get bored with me.

- As a result of paying the motor insurance claim excess, the inflated bus lane fine and putting the electricity back on track only £120.40 has been paid to the debts…….this is really rubbish.
- The debt balance on my signature has been reduced by more than that…..an additional £562.63 to be precise. I have been thinking about this for a while and consider one of my payday loan to have been effectively written off.

Hmmmmmnnnn……welcome to Brogden’s ‘darker side’…..his flirtation with the PDL’s…………:eek:

The ‘write-off’ I mentioned above is an inflated debt with a payday lender which, at the time when I was struggling most was passed to the DCA, ARC Europe but seemingly not assigned…..My head was in the sand for a time and a few weeks passed before I called ARC Europe as part of a ‘PDL Tidy Up Exercise.’ It was I think my last LBM since which time I feel I have pretty much ‘held the reigns’ and become once again human. I find that the PDL has taken back the debt from the DCA. I called the contact number for the PDL which was their parent company who told me it was nothing to do with them. I decided to take no further action on the premise…..’if you are a complete bunch of numpties then you deserve everything you get.’

I accept I may have to add this debt back in to my outstanding balances if they decide to contact me and I do not mention the name of the firm here but somehow I doubt they will contact me and I will for the time being consider the matter closed.

On the subject of ‘murky’ PDL’s I have two more ‘odd’ situations:-

Wonga – They sold the debt to BCW / Red Castle / Gothia (why have one name when you can have three?) Contrary to the MSE announcement…..if Wonga have sold your debt you are not included in the bunch who may have had their loan written off as they would have been declined under Wonga’s new lending criteria. So….it doesn’t matter whether Wonga made a good or very poor lending decision…..they sold your debt so Mr. Punter you are stuffed with the full debt plus interest plus charges.

Whilst I do take my hat off to Wonga for doing something…..this is inequitable in the extreme and I do not believe that if this is pushed that Wonga can justify their stance. Hence I have sent a letter of complaint to both Wonga and the DCA. I have included with the complaint two copy letters from the time in 2013 when Wonga accepted me for a loan……one is a demand from my mortgage lender for payment of mortgage arrears and the other is advice of an attachment of earnings for council tax arrears. Whilst I wanted the cash, can we really say that Wonga acted as a responsible lender? If Wonga and the DCA do not cooperate then this is going to the FOS. I have put them on token payments of £1.00 per month in the meantime.

CFO Lending……Ha!……..this lot have entered a voluntary agreement with the FCA to not issue new loans and to cease all outbound debt collection. Simply…..everything I say about Wonga’s loan ‘underwrting’ applies here too. I have sent them two emails asking them to contact me to discuss the situation but……nothing. They used to call me 3 or 4 times a day!!! Now they won’t speak to me even if I ask them to. Later today I will get around to complaining here and if nothing happens taking this to the FOS on the basis that I cannot even get a final response out of them. I have a number of emails from them which will be useful. They were in the habit of offering ‘defaulting’ customers additional finance to bail out the defaulted loan and give them an extra few hundred quid on top!!!!!!!! I guess the FOS and FCA may have already seen these and this appalling behaviour may have added fuel to the fire but no harm in sending these too. They are on £1.00 per month token payments also.

I do think we should consider ourselves responsible for our actions and if we borrow then we should pay back. However, regardless of what we sign in a credit agreement, I believe we need ‘fair play.’ If we are struggling we should not be exploited and maybe we should be granted a concession here and there. Where our situations are hopeless in that we could never pay a debt which was increasing exponentially we should be assisted. Finally, in the situation where an awful industry is imploding on itself and businesses are ‘forced’ to give concessions and redress then those concessions and that redress should be administered fairly. I say this before any internet trolls land on this thread and I do mean this most sincerely.

Brogden

Aloofdragon

Morning xx Eh some interesting reading there, I really hope you get a conclusion with all of the PDL companies very soon at least when you have your totals correct you know where your heading, and hopefully their incapable monkey type grabbing actions are piddled on from a height by the people who can !!


Great news anyway on your monthly reduction, even though you weren't personally happy with the amount.. November will be far greater now you have paid the crappy fine and elec bits off (Santa will have to have what's left) eh.


Have a fab day and I hope it's warmer with you it's brass monkeys here in the office. x


Loved the Dad memories PG XX