Barclaycard - Link Financial

guyzie

As advised by another user, re-psoted to a different forum page

Hello! I had a Barclaycard that was put into persistent debt. Around 2021 I tried to work with Barclaycard to cleat down a £13.5k balance in under 3 years but they did not accept my proposal. I then did not hear from them until just before Christmas 2022 where they advised me that they'd transferred my account to a company called Link Financial, who've subsequently written to me and asked me to contact them - I have not as yet as I have read a lot of negative content online about them and the guidance I am seeing is to NOT contact Link Financial / admit liability to the debt as they're not your original creditor. I am confused as to what I should do and would appreciate any guidance / advice. Thanks in advance

grumbler

Repost on  Debt-free wannabe    board.

WillPS

You've been advised by Barclaycard that your debt has been sold, which is something they are allowed to do.

They are inviting you to establish communication with Link Financial. Whether you choose to do so or not would really depend on how serious you are about paying your debt off, but it'd be foolish to expect the debt will go away if you don't. If you're serious about paying down your debt in the timescales you suggest then engaging early would likely be beneficial - if you know otherwise then I'd encourage you to look at the Debt Help advice on MSE.

guyzie

grumbler said:

Repost on  Debt-free wannabe    board.

Will do, apologies