DMP Mutual Support Thread - Part 12

motivated

:hello:

January welcome back. Glad everyone is OK. Weve missed you :A

BeingDebtFreeStartsHere

Great to have you back January - hope everyone is ok. Sorry to hear that things have not been so good for you

Hope you mange to get the boiler sorted - at least you don't need any central heating at the mo!!!!

Take care,

BDFSH x

sourcrates

heavenlyharry01 wrote: »

Does anyone have any advice regarding my NRAM post above.

Also what does a CCA look like? !

Harry,

How much was the NRAM loan for ?

If less than £25000 then it should be regulated under the consumer credit act, therefore i would send a CCA request first, see how that pans out.

Credit agreements take many forms, but a ballpark example is something like this :

heavenlyharry01

Thanks so much Soutcrates
Unfortunately the NRAM/NR loan was for £30,000

Up_the_creek

Hi all,
I have been on my DMP for 15 months now and it is ticking along well, I have another 3 years to go. Unfortunately I have been faced with a massive car bill today and am not going to make my payment due next week.
Will stepchange allow me to miss a month or make a significantly reduced payment or will this terminate my agreement with them?
I really need my car for work but the bill is likely to be near £700 😩😱
Thanks in advance for any wise words

sourcrates

heavenlyharry01 wrote: »

Thanks so much Soutcrates
Unfortunately the NRAM/NR loan was for £30,000

What year did you take the loan, was it before 2008 ?

Suseka97

Sorry if this has been asked and answered before (did a quick search but couldn't find anything) -but is there a date (year) or time limit for CCA requests. So what I mean is, can you only request a CCA check with a DCA if the debt dates back to (on or before) a certain year?

We have CCs and a loan currently being recovered by the PRA Group - one dates from early 2008, one from 2010 and one from 2012. So I'm wondering if its worth sending in a CCA request for any of them before I try to negotiate any F&Fs.

Thanks.

Julie67

I would Suseka97 I've just had one come back unenforceable from PRA from 2011. Good luck

Coinmachine

This happened to me, spoke to Stepchange, reduced my payments to £5 per creditor for one month, no issues at all. I also wrote to each creditor explaining why it was reduced for one month and offered to send a copy of the car bill if they wanted me to. No problems at all.

Up_the_creek wrote: »

Hi all,
I have been on my DMP for 15 months now and it is ticking along well, I have another 3 years to go. Unfortunately I have been faced with a massive car bill today and am not going to make my payment due next week.
Will stepchange allow me to miss a month or make a significantly reduced payment or will this terminate my agreement with them?
I really need my car for work but the bill is likely to be near £700 😩😱
Thanks in advance for any wise words

sourcrates

Suseka97 wrote: »

Sorry if this has been asked and answered before (did a quick search but couldn't find anything) -but is there a date (year) or time limit for CCA requests. So what I mean is, can you only request a CCA check with a DCA if the debt dates back to (on or before) a certain year?

We have CCs and a loan currently being recovered by the PRA Group - one dates from early 2008, one from 2010 and one from 2012. So I'm wondering if its worth sending in a CCA request for any of them before I try to negotiate any F&Fs.

Thanks.

Hi,

There is no time limit, as long as it's a consumer credit act regulated debt.

The only requirement is that a balance remains to be paid on the account, that's it.