Credit Cards or Loans taken out before April 2007 ?.

[Uncle Spielberg]

If anyone has any credit cards or loans taken out before April 2007 you need to send me a PM about looking into having the debts written off or reduced.

 

[Titanic]

Do you mean credit card debts still outstanding from before April 2007... or debt on cards taken out before then, but used more recently?

 

[Easy 10]

Blimey, thats quite a statement. I can feel my eyebrows raising uncontrollably.

 

[Alex Alex Dawson oo! oo!]

This isn't like that Stamp Duty "Scheme" is it?

 

[cardboard]

I have had loans taken out before then, still paying off now??
How can they be reduced/ written off??

 

[Brighton1]

Do you mean credit card debts still outstanding from before April 2007... or debt on cards taken out before then, but used more recently?

If you have a signed credit agreement that was signed prior to 4th April 2007, and if you have a balance of £1,000 or more there is a fair chance that you will be able to get your debts written off! PM Gareth!

 

[Rusthall Seagull]

If anyone has any credit cards or loans taken out before April 2007 you need to send me a PM about looking into having the debts written off or reduced.

damn....wish I had been nicer to you now....

 

[Hatterlovesbrighton]

I've seen this about a lot, but never really understood it. Care to explain a bit more US

 

[Uncle Spielberg]

It is what it says. Credit agreements taken out before April 2007 may be fatally flawed and the debt unenforceable.

 

[pishhead]

your pm box is full.

 

[Bozza]

I'd imagine having customers trying to wriggle out of commitments they wilfully made, will do wonders for the health of our banking sector...

 

[CHAPPERS]

Why only of debts of £1000 or more?

 

[DIFFBROOK]

Does it include mortgages?

 

[Uncle Spielberg]

your pm box is full.

Cleared.

 

[Uncle Spielberg]

Does it include mortgages?

Not at the moment.

 

[sully]

Bloody typical. I have 1 payment left to make on my car loan. Why didn't you point this out 2 years ago?

 

[Bozza]

Bloody typical. I have 1 payment left to make on my car loan. Why didn't you point this out 2 years ago?

If you Google 'loan before april 2007' - you'll find numerous discussions on this going back nearly a year or so.

 

[beorhthelm]

It is what it says. Credit agreements taken out before April 2007 may be fatally flawed and the debt unenforceable.

presuambly only applies to those taking payment protection with the loan.

 

[e77]

I suppose you could argue that the banks should have made sure the paperwork was in order but if the banks have to write off tons of debt it is going to make getting credit even harder.

 

[desprateseagull]

culd wel be a scam- promises of getting debts written off, but have to pay a hefty ee UP FRONT, before any case is taken on..

there is also no guarantee or evidence to support such schemes..

i beleive the FSA have even put out a warning.