There is no fee to apply, but you must apply within 16 days of the date the judgment was sent to you, or you must apply with an N245 and pay a fee. Hello, I`ve paid $20 a month for years for an old credit card debt that`s never repaid, it`s so old it`s no longer on my credit file and I`ve again got a great score, is that something I could try to get rid of? Would it have an impact on my score if I went down that road? Thank you, Mr/MadameAccount Nr.: Please send me a copy of the credit agreement above and a full breakdown of the account, including all interest or commissions. As far as I know, under the Consumer Credit Act 1974 (sections 77 to 79), I have the right to obtain a copy of a credit contract and a statement of account statement if I request it. I include a payment of $1, which is the tax payable under the Consumer Credit Act 1974. I understand that a copy of a credit agreement, accompanied by an account statement, should be provided within 12 business days. As far as I know, under the Consumer Credit Act of 1974, creditors are not in a position to enforce an agreement if they do not respond to the request for a copy of the agreement and the billing statement. I look forward to hearing from you. Their faithful To prevent the very rare appearance of the CCA from appearing later and to stop the strange polite letter, some people decide to offer them a really small settlement amount, say 5%. If you have used debt advice and are able to manage your monthly payments but your arrears cannot be fully repaid, you can offer to pay a portion of the amount you owe. Use this template letter to update your creditors. The CCA agreement is unlikely to be reached later. This seems rare – if the collection company did not find in the first few months, the chances of it appearing later seem very slim. Is this debt still visible on your credit statement? If you don`t think this isn`t the case, check the three credit reference agencies to make sure that`s not the case.
If the debt has no default date, if you stop paying now, a default will be added and it will fall in 6 years. That is not good news. Read What should be the default date? and ask the original creditor to add a default date for years. Hello Sara A big thank you for your advice here re cca application for old credit card debts. I asked Soka of Morecroft re Arrow Global Guernsey for my MBNA Virgin and Wescot re Cabot Financial Europe card for my RBS Mint card, both from before 2006. I learned from them in a week that my request had been forwarded to their clients (Arrow and Cabot). So far, no CCAs have been created, and it is approaching three months after my initial request. I intend to stop payment through my Debt Management Plan (PayPlan) next month, if nothing is produced by then. My question is: Should I inform PayPlan in writing of my reasons for non-payment and expect them to pass on my reasons to Morecroft and Wescot, or should I write my reasons to the three organizations? It would be very useful to get an idea of the text of this email. Thank you very much and keep up the good work! Andy, that`s not what I`m proposing. There is a chance that it will last another 6 years and that the paperwork will appear is about zero.
It is best to communicate clearly with the creditor in writing. I get what you want from my CCA request, reset the prescribed watch, but it was in July, so I don`t want to reset it by writing again if you get what I mean. If you are tired of paying an old debt for a long time, for it to last many more years, you need to look at your alternatives.