hi i will make it short to start first sorry for and typos and spelling as im dyslexic
at the moment i looking for help with a vanquis credit card dept that looks like it has been sold to lowell group that have bean chasing me for payment.
yes i did have a card with vanquis and fell in to dispute with them over the account and there repayment option plan.
short story i was in dept with lloyds tsb and a few others and on advice from. the Consumer Credit Counseling Service (CCCS)
i changed banks from lloyds tsb to natwest and in doing so ther was aproblem with the direct debit transfer that ment i was late paing two payments.
that was in jan 2011 i tryed woring with vanquis on a payment plan and using there repayment plan but had no luck.
vanquis then sold dept on to lowell portfolio ltd on 2nd march 2012. dept amount £953.26
1 year and many letters and phone calls i have recived a letter from bryan carter solicitors llp
date 09 sept 2013 stating that fredrickson international limited will be recommend to that proceeding be issued without further notice it doesnt say what proceeding but i does say charges will de added taking it from £953.26 to £1078.26 i replyed by email
Dear Bryan Carter Solicitors Llp,
Thank you for your letter regarding Lowell Financial Limited this debt was with vanquis bank on a credit card with them. I did use the card for a 6 months with no problem until money problems came to a head after going in to hospital for a operation on this card I had some “repayment option plan” there was a aggressive sale pitch to have this product to the point that the only way to stop the calls was to have the plan I was told that no mater what if I ran in to problems I could use this product on my account. The cost of he plan was 1.29% of the balance of the card. i do not believe I was given all the information about the plan and its terms to give informed consent to begin the plan it also become impossible to stop the plan. This was not a problem to start with as I paid the card off in full every month so no charge for the plan. How ever when the plan did start charging it went on to the card as a transaction. This meant that it increased the card balance even if you had already got to your limit. It also meant that when you paid the minimum payment it did not take the balance down in fact it added 1.165% every month to the balance (apr 13.978%). this meant that by the time I was in a position to contact vanquis bank with all the interest and charges on the account it had gone up to £803.53
at this point in November 2010 I tried with the help of consumer credit counselling service to come to a arrangement with vanquis bank this proved impossible they would not even take any reduced payment offers. The “repayment option plan” continued until 13 January 2011. in total with credit card interest still being applied the repayment plan and charges account for £394 of the £953 then there is the interest on the balance as well that continued after I tried to set up a payment plan. When all that taken in to account including payments made it is less than £400 left I have tried with every other company that contacted me starting with 1st credit limited to set up a payment plan for the part of the debt that I owe but all that happens is it gets past to a new company so please can you help me set up a plan to clear my part of the debt. I could pay £5 every month but not any more. As part of my debt plan I do not have a active phone number so cannot call also becouse of harasment from vanquis bank I cannot give out my work number
Yours sincerely, mr mark austin
and receved this reply
We confirm that we were only instructed to send a letter before claim but we thank you for contacting us.
We have passed your email to Fredrickson International Limited, who remain instructed in this matter and we are informed that they will be responding to you directly in due course.
Yours sincerely
a few more letters and calls from at least two diffrent companys and i receved a new letter on the 09 september 2014
headed
letter of claim
"we have been instructed by fredrivkson internaion limited on behalf of or client. lowell finacial limitedregarding your vanquis account. to commence legel action and issue a claim againt you in the county court in respect of this dept."
again 14 days.
Ii know it is late in the day no court letters yet what advice have you got i have loads of info and letters so just ask thans and sorry for length
Bryan Carter, lowell and fredrickson
