• Welcome to the LegalBeagles Consumer and Legal Forum. Please register to get the most out of the forum. Registration is free and only needs a username and email address.
  • Please note that LegalBeagles is a public forum and the main areas are accessible to all, and as such, please take care your username or posts do not identify you. There is no need to post claim numbers, names or precise amounts to get support with your case. When uploading documents please ensure that you have properly redacted your personal details. Thank you.

Agreement for catalogue debt

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Agreement for catalogue debt

    Hi,
    Would like a little advice if possible.
    A family member had a catalogue account with Littlewoods, due to ill health, he had to retire early, and could not afford the repayments.
    The debt was sold to Lowell, I have CCA`d Lowell, and they have provided a signed copy agreement, the account was opened in 2008.
    I am trying to help him out with paying the account, when he defaulted, there were a number of BNPL items outstanding, as a result, these were all added to the account, including the interest payable on then, a Hugh amount of interest actually.
    The question I have is this, the agreement they have provided states "no interest is payable on this account" and it clearly shows the interest payable is 0%, as the interest bearing items were added to the account by Littlewoods, is this agreement still valid for this debt ?
    I would just like to know where we stand, as Littlewoods just kept upping his credit limit, even though he had asked them not to, and he didn't fully understand the implications of all the added interest.
    Tags: None

  • #2
    Re: Agreement for catalogue debt

    Would it be possible to upload a copy of the agreement?
    Common Sense .... if in doubt, use it !

    “We may not win by protesting, but if we don’t protest we will lose. If we stand up to them, there is always a chance we will win.” Hetty Bower

    Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

    If we have helped you we'd appreciate it if you can leave a review on our Trust Pilot page

    Find Solicitors offering fixed fees on our sister site - JustBeagle.com

    Comment


    • #3
      Re: Agreement for catalogue debt

      Will give it a go.

      Comment


      • #4
        Re: Agreement for catalogue debt

        This is the copy agreement they sent me, notice the charge for interest is 0% !!
        Attached Files

        Comment


        • #5
          Re: Agreement for catalogue debt

          This is a better copy.
          Attached Files

          Comment


          • #6
            Re: Agreement for catalogue debt

            Its coming up a bit small, can make most of it out though would be easier bigger - do you want to email it to me - admin@legalbeagles.info
            Common Sense .... if in doubt, use it !

            “We may not win by protesting, but if we don’t protest we will lose. If we stand up to them, there is always a chance we will win.” Hetty Bower

            Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

            If we have helped you we'd appreciate it if you can leave a review on our Trust Pilot page

            Find Solicitors offering fixed fees on our sister site - JustBeagle.com

            Comment


            • #7
              Re: Agreement for catalogue debt

              Well it definitely has APR 0% and states no interest or charge for credit in a couple places.

              It does refer to ' clause 30 overleaf' - did Lowell send you a copy of the other side of the agreement ? To comply with the CCA they need to send you ALL terms of the agreement from inception.


              The back should be something like this - this is also shop direct from 2008



              The front of this one is http://i645.photobucket.com/albums/u...ark/img011.jpg
              Common Sense .... if in doubt, use it !

              “We may not win by protesting, but if we don’t protest we will lose. If we stand up to them, there is always a chance we will win.” Hetty Bower

              Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

              If we have helped you we'd appreciate it if you can leave a review on our Trust Pilot page

              Find Solicitors offering fixed fees on our sister site - JustBeagle.com

              Comment


              • #8
                Re: Agreement for catalogue debt

                The only other document they sent was some T`s & C`s, copy of which I have emailed you.

                Comment


                • #9
                  Re: Agreement for catalogue debt

                  Do you have the transaction lists / statements from the account ?

                  Do you know how much was spent on the purchases and how much is the 'interest' and charges added ?
                  Common Sense .... if in doubt, use it !

                  “We may not win by protesting, but if we don’t protest we will lose. If we stand up to them, there is always a chance we will win.” Hetty Bower

                  Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                  If we have helped you we'd appreciate it if you can leave a review on our Trust Pilot page

                  Find Solicitors offering fixed fees on our sister site - JustBeagle.com

                  Comment


                  • #10
                    Re: Agreement for catalogue debt

                    Originally posted by Amethyst View Post
                    Do you have the transaction lists / statements from the account ?

                    Do you know how much was spent on the purchases and how much is the 'interest' and charges added ?
                    Don't have a full statement, but as an estimate approx. 1200 is interest, and maybe 130+ in charges, out of a balance of 3800.

                    Comment


                    • #11
                      Re: Agreement for catalogue debt

                      Originally posted by sourcrates View Post
                      The only other document they sent was some T`s & C`s, copy of which I have emailed you.
                      Thank you.

                      Attached Files
                      Common Sense .... if in doubt, use it !

                      “We may not win by protesting, but if we don’t protest we will lose. If we stand up to them, there is always a chance we will win.” Hetty Bower

                      Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                      If we have helped you we'd appreciate it if you can leave a review on our Trust Pilot page

                      Find Solicitors offering fixed fees on our sister site - JustBeagle.com

                      Comment


                      • #12
                        Re: Agreement for catalogue debt

                        So what do you think ?, is it valid for the full account, or does it fall down because of the added interest ?

                        Comment


                        • #13
                          Re: Agreement for catalogue debt

                          Well nothing on the reverse about interest or how much charges are etc.

                          I think he'd be pretty safe negotiating a repayment arrangement or settlement with 2470 as the absolute maximum offer. As Lowell probably bought the debt for more like 400 I'd start much lower.

                          Basically if he was taken to court for the debt and everything else was in order that should be the maximum a court would order, possibly adding 8% stat interest PA.

                          That's if he wants to come to an arrangement, or wait for Lowell to bring court action and defend it.
                          Common Sense .... if in doubt, use it !

                          “We may not win by protesting, but if we don’t protest we will lose. If we stand up to them, there is always a chance we will win.” Hetty Bower

                          Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                          If we have helped you we'd appreciate it if you can leave a review on our Trust Pilot page

                          Find Solicitors offering fixed fees on our sister site - JustBeagle.com

                          Comment


                          • #14
                            Re: Agreement for catalogue debt

                            Thanks very much for your time and trouble.

                            Comment


                            • #15
                              Re: Agreement for catalogue debt

                              Hi Just reading this what goods did the person buy and would littlewoods write off any of the debt as a goodwill gesture or reduce the amount in any way?.

                              Comment

                              View our Terms and Conditions

                              LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

                              If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


                              If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.

                              Announcement

                              Collapse
                              No announcement yet.
                              Loading...

                              upgrade to vip

                              Want exclusive access to forums, more privacy and a live chat box? Upgrade to become a bigger part of our community.

                              only £15/yr

                              Offers available. No subscription traps.

                              sign up now



                              Search and Compare fixed fee legal services and find a solicitor near you.

                              Find a Law Firm


                              Working...
                              X