Whilst I agree that there may be grounds for a PPI claim, it does not change the fact that the clock is ticking on enforcement for the debt, and the OP needs advice on the letter before claim. That should be the priority I think
I work within the voluntary sector, supporting vulnerable people to rebuild their lives.
Whilst I agree that there may be grounds for a PPI claim, it does not change the fact that the clock is ticking on enforcement for the debt, and the OP needs advice on the letter before claim. That should be the priority I think
Agreed. I've just filled out stepchange forms, they have advised DMP, I'll get step change to set this up, I think its my best option right now. CCJ is not a good idea.
I am not happy with Vanquish and their iffy products, but, I have some monthly funds to offer a vastly reduced payment - debt is for £2600
I just don't have a lump sum to offer - if I had I'd have maybe paid the reduced offer.
Having had experience with Lowell for three accounts and they all had defaults (not good I know! But just cleared my last one) they have always been fair and reasonable with me.
Call them and ask them if they will keep to their reduced offer and allow you to repay monthly to what you can afford. This is what I was able to do.
Work our the amount you can afford to repay monthly before you call. They always make sure your other important bills are up to date and like I say they are definatly fair.
Anytime you are struggling. Call them up to change it to what suits.
Any money paid back is better than a dismissed debt to them and it shows you are making effort to pay back.
PS: Lowell will not update your credit file to the reduced agreement but goes closed when you’ve reached that amount.
You would have been better off taking the discount on the other side when you had the chance rather than ignoring them. You won’t get a reduction with Lowell Solicitors they go in to legally enforce the lot.
Agree with ya though LMCD, you play fair with them they will be helpful and set things up in a way that fits. You had a 60 percent discount!! Some people would chew their right arm off to get a reduction like that! Why the hell didn’t ya take it and get rid?!
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How do I get this submitted? Sorry for ignorance.
On what grounds are you claiming for mis-sold PPI? Other than just because all the TV adverts tell you to?
" Vanquish declined the claim and said I was not entitled to payment of the minimum payment whilst I found another job."
I love my job
Agreed. I've just filled out stepchange forms, they have advised DMP, I'll get step change to set this up, I think its my best option right now. CCJ is not a good idea.
I am not happy with Vanquish and their iffy products, but, I have some monthly funds to offer a vastly reduced payment - debt is for £2600
I just don't have a lump sum to offer - if I had I'd have maybe paid the reduced offer.
You need to check the terms for the PPI as the statement they have issued you may stand
Having had experience with Lowell for three accounts and they all had defaults (not good I know! But just cleared my last one) they have always been fair and reasonable with me.
Call them and ask them if they will keep to their reduced offer and allow you to repay monthly to what you can afford. This is what I was able to do.
Work our the amount you can afford to repay monthly before you call. They always make sure your other important bills are up to date and like I say they are definatly fair.
Anytime you are struggling. Call them up to change it to what suits.
Any money paid back is better than a dismissed debt to them and it shows you are making effort to pay back.
PS: Lowell will not update your credit file to the reduced agreement but goes closed when you’ve reached that amount.