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Egg Credit Card transferred to Marlin Capital Europe and Mortimer Clarke

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  • Egg Credit Card transferred to Marlin Capital Europe and Mortimer Clarke

    I wonder if anyone can help, I took out a credit card with Egg way back in 1999 I managed to keep up the repayments however in 2004 had some financial difficulties un-beknown to me I had PPI I found that out recently. The debt went to Marlin and this was managed by MC, I arranged payments of £50 per month and set up a direct debit. However Marlin cancelled the direct debit a few years later when the date on my bank card expired and I got on with life, then I received a court letter in 2013, I attended court to get things resolved. The debt was £8,559 the judge applied £5,955 and applied a charge on my house and added a fee of 8% per annum on what was now a whopping £15,000, after paying £100 a month since 2013 the debt still stands at £10,383. Can anybody advise me as its never ending.
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  • #2
    Just looked I wonder if you could write to Marlin / Cabot and ask for a reasonable final settlement figure, as no doubt they have had most of their costs by now.

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    • #3
      Celestine

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      • #4
        What a dreadful situation. I would definitely recommend contacting Cabot for a fixed settlement agreement. Do you or anyone in your family have a vulnerability?
        "Although scalar fields are Lorentz scalars, they may transform nontrivially under other symmetries, such as flavour or isospin. For example, the pion is invariant under the restricted Lorentz group, but is an isospin triplet (meaning it transforms like a three component vector under the SU(2) isospin symmetry). Furthermore, it picks up a negative phase under parity inversion, so it transforms nontrivially under the full Lorentz group; such particles are called pseudoscalar rather than scalar. Most mesons are pseudoscalar particles." (finally explained to a captivated Celestine by Professor Brian Cox on Wednesday 27th June 2012 )

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