Tweet
I'm on a DMP through Money Plus (will stop using them due to the fees they charge). I've recently seen that requesting for CCAs can be beneficial as the debt isn't enforceable.
I have a few questions:
1 - a lot of my debt is relatively recent, 2017-2019. What are the chances CCAs will be available for these? A lot of that debt now is with PRA 2 - One of my credit cards was with Nationwide, who the debt is still with. I'm assuming they will most likely still have the CCA, although the credit card was opened in 2009. What is the likelihood of this
3 - Do I need to wait for replies of acknowledgement before saying "until I have a CCA i will assume the debt is unenforceable" or can I make the assumption once I send the letters off?
I appreciate it's always worth asking for a CCA but if anyone could help with the above, it will help me manage my own expectations. Total value of the debt is £40k across 2 loans and 6 credit cards. Made a few silly decisions which unfortunately I'm paying the consequences for, literally.
I have a few questions:
1 - a lot of my debt is relatively recent, 2017-2019. What are the chances CCAs will be available for these? A lot of that debt now is with PRA 2 - One of my credit cards was with Nationwide, who the debt is still with. I'm assuming they will most likely still have the CCA, although the credit card was opened in 2009. What is the likelihood of this
3 - Do I need to wait for replies of acknowledgement before saying "until I have a CCA i will assume the debt is unenforceable" or can I make the assumption once I send the letters off?
I appreciate it's always worth asking for a CCA but if anyone could help with the above, it will help me manage my own expectations. Total value of the debt is £40k across 2 loans and 6 credit cards. Made a few silly decisions which unfortunately I'm paying the consequences for, literally.
