Help! Link Financial F&F Offer Refused

runforlife

Yes they wrote to say they couldn’t locate them 

User_060921

I don’t get why you can only pay the £1 for a CCa via cheque or postal order. I have no cheque book.

I have never used a postal order. Do you leave the payee blank on those or do you need to name the company (Mbna for example)

JamieJ89

Fusterclucker said:

I don’t get why you can only pay the £1 for a CCa via cheque or postal order. I have no cheque book.

I have never used a postal order. Do you leave the payee blank on those or do you need to name the company (Mbna for example)

Just go to the post office and ask for a Postal Order for £1. Costs 50p + the £1 - not addressed to any company name.

fatbelly

Fusterclucker said:

I don’t get why you can only pay the £1 for a CCa via cheque or postal order. I have no cheque book.

I have never used a postal order. Do you leave the payee blank on those or do you need to name the company (Mbna for example)

It's to fulfil  the letter of the law (1974 I think). 

Just leave it blank. Half the time it gets returned to you and you can use it again!

User_060921

And who do I actually send the CCa request to ?

runforlife

Your creditor or the debt collection agency that has current ownership. in other words to whoever you are paying at the moment.

Zzzz_2

tayajade said:

Hi all
We entered into a DMP with payplan in 2013. We had 8 creditors with a combined debt of £48000. We have been making token payments of £1 per month to all creditors for the last two years. 

We recently found ourselves in the fortunate position to be able to make partial settlement offerers to clear the debts. All creditors have accepted 30% (next pushed us to 50%) and these have been paid. All of these accounts had already dropped off our credit file.

We have two accounts purchased by Link Financial in 2016, they were originally Barclaycard credit cards. Both accounts are defaulted but still on our credit file, one drops off in October 2021 and the other in September 2022. 

Link didn’t respond to my offer letter so I have been negotiating via telephone. I have offered 30% and 35%, both offers were rejected and we were told not to bother submitting any more counter offers as they will only consider a 70% reduction. The max we can afford is 50%.

I have requested the CCA - Link confirmed that they don’t have it and have requested it from barclaycard, again this conversation took place on the telephone only. 

Any advice on what to do next?? Do we wait to offer again when they’ve dropped off our credit file? Do I continue to make £1 payments each month? 

Sorry, I thought you could stay up to a year with TPP? Did you use any special ground or something? 

DjangoUnchained

if they cant supply a cca i think you should stop paying them anything. I wonder if barclaycard actually keep any cca, ive been waiting nearly 4 years for mine, so i havnt paid them a bean.