Old Defaults

turk101

!!! wrote: »

Lloyds would be passing the payments on.

Unless Lloyds or PRA tell you other wise then you can carry on paying Lloyds.

However PRA may now contact you and ask you deal direct with them now.

Thanks for the advise again.
I have spoken to PRA and they have said they are dealing with it now and NOT to pay Lloyds direct but I offered to make a reduced settlement and they were not helpful at all. I think I will just continue to pay Lloyds direct and hope nothing can come of it as I have never refused to pay.

turk101

I called 1 of the other debters and made an offer which they excepted. I just do not get why this other 1 would not even consider it !

[Deleted User]

As stated already - they're not obliged to take a settlement - also if they've instructed you to start paying them direct then I would do that rather than pay Lloyds still in case any payments aren't passed on.

How much was the debt for and how much is outstanding?

How much has been paid off thus far and at what rate per month?

turk101

!!! wrote: »

As stated already - they're not obliged to take a settlement - also if they've instructed you to start paying them direct then I would do that rather than pay Lloyds still in case any payments aren't passed on.

How much was the debt for and how much is outstanding?

How much has been paid off thus far and at what rate per month?

Default amount was £1802
Current balance is £1625
Paid £1 pm
Have not got a clue as to the rate.
I appreciate they do not have to take a settlement but surely that would be in there interest.
£1 pm or or lump sum.
Thanks again

[Deleted User]

£1 per month on £1625 would take 135 years to clear... so be prepared for them to start asking for a higher sum after a statement of earnings etc. or applying for a CCJ to clear it quicker.