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Advise please - Barclaycard letter
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Hello there,
Hope all of you are well and healthy, I am halfway through my DRO thanks to this forum and first time in roughly 8-9 years I can sleep properly not worrying debts! Thanks to everyone who is contributing to this forum and helping out people like me.
Right, the advice. I am not entirely sure if this is the right place to ask this (and I do apologise if it is not)
I am currently under DRO (Moratorium period ends February 2021)
One of the creditors which was included in DRO was my Credit Card from Barclaycard,
Today I received a letter from them, anxiously opening the letter and there was following
"We May have previously set your credit limit higher than we should have
We recently reviewed the way we set some of our customers credit limits and can see that limit we gave you on your account ending ****, which is now closed, may have been higher than it should have been at that time
We are sorry this happened and recognise that this may have had an impact on your circumstances, or you may have incurred losses"
While I completely accept my responsibility using the credit card, it did affect me and it was one of the main reasons I started considering DRO because I just couldn't afford to pay minimum payments anymore. and there is a number on the letter saying to get in touch and discuss this
I found a few threads discussing this, and some of them said that eventually they just got 25£ or 50£ as an apology but those people were just regular credit card users (not under DRO or IVA etc)
My question is, is it worth it to give them a call? would it affect my DRO if I get some sort of "compensation"? Or should I just ignore this letter?
Thanks a lot in advance.
Hope all of you are well and healthy, I am halfway through my DRO thanks to this forum and first time in roughly 8-9 years I can sleep properly not worrying debts! Thanks to everyone who is contributing to this forum and helping out people like me.
Right, the advice. I am not entirely sure if this is the right place to ask this (and I do apologise if it is not)
I am currently under DRO (Moratorium period ends February 2021)
One of the creditors which was included in DRO was my Credit Card from Barclaycard,
Today I received a letter from them, anxiously opening the letter and there was following
"We May have previously set your credit limit higher than we should have
We recently reviewed the way we set some of our customers credit limits and can see that limit we gave you on your account ending ****, which is now closed, may have been higher than it should have been at that time
We are sorry this happened and recognise that this may have had an impact on your circumstances, or you may have incurred losses"
While I completely accept my responsibility using the credit card, it did affect me and it was one of the main reasons I started considering DRO because I just couldn't afford to pay minimum payments anymore. and there is a number on the letter saying to get in touch and discuss this
I found a few threads discussing this, and some of them said that eventually they just got 25£ or 50£ as an apology but those people were just regular credit card users (not under DRO or IVA etc)
My question is, is it worth it to give them a call? would it affect my DRO if I get some sort of "compensation"? Or should I just ignore this letter?
Thanks a lot in advance.
0
Comments
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Any lump sum you get is only going to be a problem if it takes you over the £1000 asset limit.
Personally I'd leave it alone. It's not likely to cause a problem but why take the risk?1
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