Your credit card debts totally written off

zombie

I am here to tell you that I have successfuly managed to get some of my credit card debts wiped totally clean. Some of the credit card companies do not have the original agreement which I signed at the time, of if they do, they are so illegible that they can't be read. If the original contract was shredded but a copy kept on microfiche years ago and you can't read the small print, it is unenforceable.

This means that they do not have a contract with you subject to the CC act 1974. Basically they cannnot enforce you to pay another single penny and the balance is wiped clean.

There is a lot of information on other forums on this subject, but not much here.


zombie

DaisyFlower

Maybe theres more info on other forums as this is a money SAVING site rather than a site that encourages people not to pay back money that they have spent.

Sammy_Girl

There are already a few large threads regarding CCA requests and updates. I'd copy them in this reply, but don't know how to!!

zombie

Get off your high-horse! What about those who would love to pay off their debts but due to circumstances beyond their control (applies to me as well) and knowing full well they have been ripped off by their lenders, they would jump at the chance of any retribution.

DaisyFlower wrote: »

Maybe theres more info on other forums as this is a money SAVING site rather than a site that encourages people not to pay back money that they have spent.

krisskross

zombie wrote: »

Get off your high-horse! What about those who would love to pay off their debts but due to circumstances beyond their control (applies to me as well) and knowing full well they have been ripped off by their lenders, they would jump at the chance of any retribution.

So it is 'ripping you off' when they lend you money which you spend and then don't intend to pay back. Sounds more like the boot is on the other foot and it is you doing the 'ripping off'. Sounds like stealing to me.

pania

I think what Zombie is talking about here is the CCA requests that we have spoken about on the boards. although no one would avocate avoiding your responsibilities at all he/she is correct n saying that if the original credit agreement can't be provided then a debt cannot legally be pursued.

Jvic28

What a moral dilema. I know I spent the money but am in such a mess for various reasons it's very tempting to give it a go.

THE_LONE_RANGER_4

good for you zombi i had one written off when i was in debt lets face it most cc debts are doubled with bank charges etc they get there money back and more , i love the high horse brigade at the end of the day you are number 1 and you do anything legal to put you on the right track if you do not then these people must love to suffer .
WELL DONE

NUFCnutter

I don't mind paying back the money I owe. What I do object to is having to pay massive charges on money that I borrowed. Its also good advice for people who are REALLY struggling, who want to pay back the debts that they have but cannot (sometimes through no fault of their own). Its no good getting on a moral high ground and saying that the consumer is ripping off the company. The company should have kept better records of the debt in the first place.

thriftymomma

NUF!!!!ter wrote: »

I don't mind paying back the money I owe. What I do object to is having to pay massive charges on money that I borrowed. Its also good advice for people who are REALLY struggling, who want to pay back the debts that they have but cannot (sometimes through no fault of their own). Its no good getting on a moral high ground and saying that the consumer is ripping off the company. The company should have kept better records of the debt in the first place.

I totally agree!!

NUFCnutter

Thank you , I cannot stand people who have no empathy and just take the moral highground all the time. There but for the grace of god.....and all that.