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Advice please - been on a DMP for 6 years

tiffanie
tiffanie Posts: 14 Forumite
in Debt-free wannabe
Hi all,

I have been on a DMP for around 6 years and really want to try and clear this debt as soon as possible.

I was wondering if it is too late to send CCA Requests as i have been paying these debts for so long and acknowledge them? Or should i still request these with the thought that i may be able to request low F&F settlements if they can't provide them?

Many thanks
LLOYDS TSB LOAN - [STRIKE]£1,394.64 [/STRIKE] £1,273.56 LLOYDS TSB CREDIT CARD - [STRIKE]£1,615.22[/STRIKE] £1,480.10
LLOYDS TSB OVERDRAFT - [STRIKE]£3,367.72[/STRIKE] £3,082.50 ALLIANCE & LEICESTER - [STRIKE]£1,347.00[/STRIKE] £1,226.19
WELCOME FINANCE - [STRIKE]£4,333.31[/STRIKE] £3,938.93 TESCO CREDIT CARD - [STRIKE]£864.91[/STRIKE] £789.01
:eek: TOTAL - [STRIKE]£12,922.80 (09/08/11)[/STRIKE] £11,790.29 (02/05/13):eek:

Comments

  • rockm87
    rockm87 Posts: 847 Forumite
    Wedding Day Wonder
    Hi, are you able to increase the amount you are paying them?
    Total Debt in Feb 2015 - £6,052 | DEBT FREE 26/05/2017
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  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
    Tenth Anniversary 1,000 Posts Combo Breaker
    Hi

    You can request the CCA agreements at any point so it’s not too late. You could see what they come back with as it may help your case if you do decide to make F&F offers.

    James
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
  • tiffanie
    tiffanie Posts: 14 Forumite
    I'm afraid not - i had a baby this year and if anything, my payments will have to decrease soon as i'm struggling to keep them as they are. My family have said that they may be able to offer some money if i can get F&F settlements but they cannot afford to pay the full amounts.
    LLOYDS TSB LOAN - [STRIKE]£1,394.64 [/STRIKE] £1,273.56 LLOYDS TSB CREDIT CARD - [STRIKE]£1,615.22[/STRIKE] £1,480.10
    LLOYDS TSB OVERDRAFT - [STRIKE]£3,367.72[/STRIKE] £3,082.50 ALLIANCE & LEICESTER - [STRIKE]£1,347.00[/STRIKE] £1,226.19
    WELCOME FINANCE - [STRIKE]£4,333.31[/STRIKE] £3,938.93 TESCO CREDIT CARD - [STRIKE]£864.91[/STRIKE] £789.01
    :eek: TOTAL - [STRIKE]£12,922.80 (09/08/11)[/STRIKE] £11,790.29 (02/05/13):eek:
  • fatbelly
    fatbelly Posts: 23,735 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    tiffanie wrote: »
    Hi all,

    I have been on a DMP for around 6 years and really want to try and clear this debt as soon as possible.

    I was wondering if it is too late to send CCA Requests as i have been paying these debts for so long and acknowledge them? Or should i still request these with the thought that i may be able to request low F&F settlements if they can't provide them?

    Many thanks

    Yes, do cca requests- I agree with James
  • tiffanie
    tiffanie Posts: 14 Forumite
    If the debt companies cannot provide me with credit agreements where do I then stand? Do I still have to pay the debt? Or do I just use it as a better bargaining tool for f&f offers?
    LLOYDS TSB LOAN - [STRIKE]£1,394.64 [/STRIKE] £1,273.56 LLOYDS TSB CREDIT CARD - [STRIKE]£1,615.22[/STRIKE] £1,480.10
    LLOYDS TSB OVERDRAFT - [STRIKE]£3,367.72[/STRIKE] £3,082.50 ALLIANCE & LEICESTER - [STRIKE]£1,347.00[/STRIKE] £1,226.19
    WELCOME FINANCE - [STRIKE]£4,333.31[/STRIKE] £3,938.93 TESCO CREDIT CARD - [STRIKE]£864.91[/STRIKE] £789.01
    :eek: TOTAL - [STRIKE]£12,922.80 (09/08/11)[/STRIKE] £11,790.29 (02/05/13):eek:
  • fatbelly
    fatbelly Posts: 23,735 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    If they don't supply anything, then the debt is unenforceable until they comply.

    They could comply by producing a reconstruction.

    But the point of the exercise is, for you, that it strengthens your hand when making an offer.
  • tiffanie
    tiffanie Posts: 14 Forumite
    Thanks very much fatbelly 😀
    LLOYDS TSB LOAN - [STRIKE]£1,394.64 [/STRIKE] £1,273.56 LLOYDS TSB CREDIT CARD - [STRIKE]£1,615.22[/STRIKE] £1,480.10
    LLOYDS TSB OVERDRAFT - [STRIKE]£3,367.72[/STRIKE] £3,082.50 ALLIANCE & LEICESTER - [STRIKE]£1,347.00[/STRIKE] £1,226.19
    WELCOME FINANCE - [STRIKE]£4,333.31[/STRIKE] £3,938.93 TESCO CREDIT CARD - [STRIKE]£864.91[/STRIKE] £789.01
    :eek: TOTAL - [STRIKE]£12,922.80 (09/08/11)[/STRIKE] £11,790.29 (02/05/13):eek:
This discussion has been closed.
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