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Hi
New to the forum
I had an old Lloyds Bank Loan and credit card - well before 2007
I've been paying these and other creditors through Step Change for many years
I wrote to IDEM who now service the debt, asking for a copy of the credit agreement.
Had a letter this morning to say "we are unable to supply a copy of the Credit Agreement... and acknowledge that the agreement cannot be enforced"
"The balance of the account is still outstanding and we will continue to pursue the debt which will include registering any arrears and defaults with the credit reference agencies"
"You are free to take whatever action you consider appropriate but we will not be releasing you from any obligation under the agreement"
These debts have now been removed from my credit files with Experian and Equifax - after 6 years, so at the moment my credit report is excellent
Can IDEM put a default on my credit report - Lloyds did when I first defaulted?
Over the 2 debts, I owe around £11,000
The last recession was the cause, I can afford to pay the monthly payments through the debt management plan, should I continue to maker the payments?
Should I make a silly offer, I read somewhere 5% ?
Thank you for your help
New to the forum
I had an old Lloyds Bank Loan and credit card - well before 2007
I've been paying these and other creditors through Step Change for many years
I wrote to IDEM who now service the debt, asking for a copy of the credit agreement.
Had a letter this morning to say "we are unable to supply a copy of the Credit Agreement... and acknowledge that the agreement cannot be enforced"
"The balance of the account is still outstanding and we will continue to pursue the debt which will include registering any arrears and defaults with the credit reference agencies"
"You are free to take whatever action you consider appropriate but we will not be releasing you from any obligation under the agreement"
These debts have now been removed from my credit files with Experian and Equifax - after 6 years, so at the moment my credit report is excellent
Can IDEM put a default on my credit report - Lloyds did when I first defaulted?
Over the 2 debts, I owe around £11,000
The last recession was the cause, I can afford to pay the monthly payments through the debt management plan, should I continue to maker the payments?
Should I make a silly offer, I read somewhere 5% ?
Thank you for your help
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