drafty loans CCA letter details.

stu12345_2
stu12345_2 Posts: 800
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edited 25 October 2023 at 8:26AM in Debt-free wannabe
one of my creditors is a drafty loan.can anyone confirm the exact address and who to write the £1 cheque to for a CCA letter request. 
need cheque  and address to be exactly correct. 

on their website it has a po box address Leicester. and a trading name of gain credit LLC.

as with reference to a thread by another poster about accounts going on hold whilst creditors search for CCA agreements.im with stepchange. I guess stepchange will be wondering why I'm not paying them  for next few months.yes I can stop and start as I choose.i get that point.
one debt I can't do a CCA letter is a bank overdraft debt.

I will be with stepchange until every creditor replies.then make my decision to pay or not to pay which creditor.
so I guess an email will be sent today from me to stepchange to say no money will be sent at to until ALL creditors reply ( cos stepchange won't do selective choosing of who gets payments or not)
I wonder what sort of reply stepchange will give.
pay your debt at your rate.not what the creditor demands.cos they have no power.they aren't the police.

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  • stu12345_2
    stu12345_2 Posts: 800
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    edited 25 October 2023 at 9:02AM
    and another debt is simply be. Google search is showing JD Williams address in manchester.so I guess that's the only address.plus is it a cheque to JD Williams and co ltd
    pay your debt at your rate.not what the creditor demands.cos they have no power.they aren't the police.
  • Rob5342
    Rob5342 Posts: 1,363
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    edited 25 October 2023 at 9:17AM
    Drafty say that is the contact address so it should be fine using that.

    Stepchange have a very fixed approach on how to pay debts, if you aren't doing it their way it's far easier to just manage it yourself - all it takes is an email to each creditor to tell them what they are getting plus setting up a standing order to them in your banking app.
  • yes.basically wanted exact names who to title cheques. so think it's gain credit LLC and JD Williams and company ltd.
     will await all replies.then decide who to pay 
    deciding what to say to stepchange today. 
    basically want to read what they say when I tell them creditors should put my debts on hold.
    they will prob say bye bye to me when I tell them that fact.
    pay your debt at your rate.not what the creditor demands.cos they have no power.they aren't the police.
  • Rob5342
    Rob5342 Posts: 1,363
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    Half of mine just sent the £1 cheque back, presumably it wasn't worth the hassle cashing it.


  • stu12345_2
    stu12345_2 Posts: 800
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    edited 27 October 2023 at 11:54AM
    rob . how long can creditors put my account on hold whilst they search for agreements.do they actually send a reply stating it is on hold or do they just sent back what they class as the agreement.
    and if I do eventually start making payments again.can I realistically make ad-hoc payments to them.as tbh I'm not regimental with set spending per month.sometimes I over spend other times I underspend.
    I'm basically looking to see how relaxed the creditors are with repayments.
    before they say we hate ad-hoc payments.lets take this guy to court instead.
    I'm not trying to create a duplicate version of my stepchange agreement of a regular payment albeit run by myself instead.
    but create a here's some money Mr creditor this month.you may get less next month or even more or you may get nothing next month type repayments.
    the sort of agreement you make with a mate if you owe them money. you know .one where your mate says pay me what you can when you can.but not one every month or the same amount.type of thing.

    I know we read it time and time again here that we are in charge.not the creditor.i just want to know how much in charge am i.and how far I can be in charge of what I pay and how often and how much.

    basically I've seen the letters stepchange write to my creditors showing my outgoing and income and then stating.this is the max our client can pay.every month.

    I don't want that.i want my own plan.without sending any income and expenditure forms.just a case of hitting them with money when I can.but ad-hoc.

    don't want the set up a standing order type thing.want a log on to creditors website and make payments from time to time set up.
    pay your debt at your rate.not what the creditor demands.cos they have no power.they aren't the police.
  • sourcrates
    sourcrates Posts: 28,548
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    edited 27 October 2023 at 11:51AM
    Already covered this before stu, in quite some detail, advice has not changed.

    Accounts stay on hold until required paperwork is supplied, however long that may be, six months or six years.

    Original creditors don`t tend to use the courts, they use debt collectors, only debt purchasing companies may get legal with you, and then only if you ignore them, you have to use your discretion and common sense when dealing with creditors as they can all want different things, there is no "one size fits all" scenario.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing [email protected]. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
  • stu12345_2
    stu12345_2 Posts: 800
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    edited 27 October 2023 at 12:42PM
    won't be ignoring them I  will just be giving them money when it suits.
     and that isn't ignoring them. unless they class ignoring them by not paying every month or not sending in an income and expenditure sheet.
    but giving them payments at my disposal is still being responsive to the debts owed.and hence it is responding via payments requests. which will probably be in any letters they write .

    I now feel more in. control and empowered since I joined this website  before I felt it was I had to go via stepchange.i had to make the max payable I had to pay creditors every month without fail etc.

    now I'm not like that anymore.i decide when I pay and how much I pay.i won't jump through any creditors hoops or scary letters or stepchange advice and rules.
    the writing of my CCA letters was the push that I needed to regain control of am I in charge or are my creditors in charge or is it a case of everything  is worded and in their favour.
    no it is not.so here it is. I'm going to enjoy life more. spend more on leisure. days out .nice meals. fun.etc and not jump when the creditors or stepchange say jump or imply it.

    if one month I pay £600. then another I pay £200 or another month pay nothing.so be it.they will still get their money that if I legally owe it .but I am not jumping to it anymore.

    pay your debt at your rate.not what the creditor demands.cos they have no power.they aren't the police.
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