Credit card debt

munchkin_1603

My credit card debt has been passed from MBNA to a debt management company.  Who do I send a SAR form,  MBNA or the debt management company.  Also can anyone explain the process once you have sent a letter and the possible outcome please.  Many thanks  

born_again

Why would you be sending a SAR?

munchkin_1603

Because they have passed my details on without my permission.

eskbanker

munchkin_1603 said:

Because they have passed my details on without my permission.

It's highly likely that they'd have the right to do this enshrined within the account Ts & Cs, but it's still unclear how a SAR would address your issue anyway?  Have you been compliant with your contractual repayments or is the account in arrears?

munchkin_1603

it is in arrears

eDicky

I suspect that your permission was given when you initially accepted the terms and conditions of the credit agreement...

munchkin_1603

I was reviewing the details about SAR letter and dealing with credit card debt. 

Check Mate The Matrix on TikTok, concerning credit card debts being passed onto a collection agency,  sending them a SAR letter to clear or reduce the debt?

eskbanker

munchkin_1603 said:

I was reviewing the details about SAR letter and dealing with credit card debt. 

Check Mate The Matrix on TikTok, concerning credit card debts being passed onto a collection agency,  sending them a SAR letter to clear or reduce the debt?

All a SAR does is to get them to send you copies of relevant personal data, it doesn't actually initiate anything else.

Grumpelstiltskin

OP Go over to this board.

Debt-free wannabe — MoneySavingExpert Forum

You will get help on there. Forget a SAR it is the wrong way to go about it.

I hope you have not been reading somewhere online that sending a SAR will end up will your debt being written off, it doesn't happen.

munchkin_1603

Can any one suggest the best way forward to reduce the debt owing,  what is the best way to approach them.  I understand that I owe them but would like to see if there is any opportunity to negotiate a overall reduction that is manageable to repay.

Grumpelstiltskin

munchkin_1603 said:

Can any one suggest the best way forward to reduce the debt owing,  what is the best way to approach them.  I understand that I owe them but would like to see if there is any opportunity to negotiate a overall reduction that is manageable to repay.

Read my reply above yours.