Credit Agreements ???

luckymum_3

hi all..
i am in need of help with regards to credit agreements..
i owe littlewoods catalogue £800 , have been a customer since 05/03/05 and the account is now with Iqor debt recovery .( paying £10 a month )
i also owe kays £624 ,have been a customer since 07/10/06 , now on their extended repayment plan ( paying £16 a month )
also grattan at £200 making minimum payments , been a customer since 16/08/06. and last is vanquis visa , owing £500 and been a customer since 08/12/05 , have made 3 payments of £10 a month , and now i have to see if they will extend the time ..
i can not remember if i signed any credit agreements with the above so how would i go about finding out if i did , and what happens if i do not here from the creditors.. reason for asking is i am struggling with some payments and times will get harder for me as my son is starting senior school in sept so it is going to be an expensive time for me ...thanks.

RAS

Bump this so I can find it again and will be back with the CCA letter.

Did you join the catalogues on-line?

RAS

here is the link for catalogue debts.

http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=32_catalogue_debts

and info on CCas generally

It has been summarized quite well elsewhere:

Basic information on Credit Agreement requests

and items 2 and 3 in the first post of this thread:

A short warning thread

Both courtesy of our own fermi.

luckymum_3

thanks , no i didnt join them online ...
i am just not sure if i should contact all creditors and pursue it ,also do i need to pay them for sending me out a copy

RAS

Do you already have defaults on those debts?

There is a CCA letter that needs to go to each relevant creditors (see the short warning before you send anything) with a £1 postal order.

luckymum_3

iqor is due on the 17th july , grattan want their payment by the end of this week , my visa payment of £20 ( as missed last months payment ) is due this week i think and kays isnt due yet ... i have read the links so it is possible they have signed agreements but wont send me them straight away, does seem like alot of work to do . ; (

luckymum_3

p.s my visa creditor will need to be contacted again as they only accepted £10 a month for 3 months , they then want another review.. my other option would be to send soa 's to each creditor saying i am now living on £155 a week which has to cover all bills etc and hope they will accept lower payments.

RAS

Hi

If you are on benefits, then you need to contact the debt charities to which I linked you and pay £1 per month per creditor.

However, if the CCA letter reduces your debt leevel that might help you decide what to do.

Certainly, never pay a DCA until you have the CCA request complied with.

We have several instances when more than one DCa has contacted someone about the same debt and they have paid them.

Did you take out any sort of insurance on the catalogues or cc?

luckymum_3

no i didnt take out insurance on them..
i am on benefits of £124.99 income support and £30.20 child benefit a week, so not alot really..but with regards to iqor debt recovery , they took over my littlewoods account and i have been paying them , so if i wish to get a copy of the cca do i write to littlewoods with the account number and request it from them ? ... am hoping that cca's could reduce my debt by about £1,400

stapeley

Non supply of a true copy of a signed CCA does not mean the debt goes away but It can mean its unenforceable .

RAS

Hi, you write to Iqor for the CCA, as they Appear to own or collect the debt. Regardless of what they say, they have to produce it in 12+2 days before they default and then they have another 30 days before further pursuit would be illegal.

There is always the risk that they they can come up with it later, but if you make it plain that if they produce the CCA, you will start re-paying, then you are covered.

Do not sign the CCA request letter by the way and it must start "I do not acknowledge any debt to your company". Even if you have been paying.