I defaulted on a credit card, need advice on what to do next.....

[echat11]

They still haven't complied with your CCA request, no doubt further discounts will be offered, the big one in the January Sales.

[echat11]

Done.

Thanks, that was super quick!!

[EXC]

EXC Can you please approve the post.

Done.

[echat11]

I'm trying to post an update but for some reason, the post is coming up blank.....

EXC Can you please approve the post.

[Alacoque]

I'm trying to post an update but for some reason, the post is coming up blank.....

[Alacoque]

Two emails from the Third DCA arrived today, within about 30 minutes of each other.

Here’s the gist of the first email: ‘…..to finalise your account, our client has agreed to accept a one-time payment of £X as settlement of the outstanding balance on your account of £X….please note this offer is a limited time offer. If this account is recorded on your credit file, once a reduced settlement amount has been paid, it will be updated as partially settled, not as settled or satisfied.’

The one time payment amount is pretty substantial, half the (rather substantial!) balance, which has been larded up with ongoing interest. No deadline to accept their ‘offer’ is stated.

The second email is more along the lines of ‘we haven’t heard from you’. As though the sender hadn’t seen or read the previous email.
And no sign of the Creditor responding to my CCA request….

[Alacoque]

Mike770, huge thanks for your post, your advice. I don't intend to make any moves!!

[MIKE770]

Sit on hands their problem may they forever look for one and never find one. do not contact them, or chase for one. No CCA no CCJ.

[Alacoque]

A ‘nothing’ update here - the Third DCA has been keeping a very low profile. They’ve called once (didn’t leave a message), texted twice and sent one letter in which they state they’re ‘here to help you find the best solution to fit your needs’. It’s dated three weeks ago but only recently arrived. I’ve blocked the various numbers they’ve used for the call and the texts.

Still no sign of a response from the Creditor to my CCA request….

[Alacoque]

Mike770 and Echat11, thank you both so much. I am bewildered as to why the Creditor doesn't just throw together a legally acceptable agreement. I have a feeling that my CCA request is just sitting, ignored, in some cupboard at the Creditor's head office or, more possibly, thrown away. I've ignored the Second DCA and am presently ignoring the Third DCA. Hope this doesn't provoke the Creditor into to taking the matter to court.....

[echat11]

With DCA's there seems to be a sequence that they acquire the debt, like strongest, ending with the weakest. I think this is the third, so hopefully they'll leave it.

[MIKE770]

If a CCA1874 request outstanding leave it alone regardless who initially you sent it to, more pushing will make them did deep?do not keep sending as a DCA has no records only debt purchases or originators.

[Alacoque]

Ok, will go ahead with the CCA request.

But what I can't grasp is.....if a 'reconstituted' agreement is legally acceptable, then why doesn't the Creditor just put one together. Or is it more complicated than just conjuring one out of thin air.

[echat11]

Since my credit card account was opened after 2007, is it still a good idea to send a CCA request to the Third DCA?

Thanks in advance....

I prefer to be pro-active, so for me it's a good idea, hold off see what they do next.
They are clearly having difficulties getting hold of it.

[Alacoque]

Since my credit card account was opened after 2007, is it still a good idea to send a CCA request to the Third DCA?

Thanks in advance....