I am still confused over this Default notice from Egg saying they would take further action after 11/11 if I have not paid.
Yesterday I got the same letter from Intelligent Finance, a defult notice and I had to pay by 21/10 if not then they would take one of a list of actions. Then the other letter I got the same day issued the next day said they have terminated the agreement and in the next 48 hours would be given to a debt collection agency to recover the full outstanding balance???
Hi all of these are more or less posturing by the lenders. Default notices affect nothing but your credit file. Debt Collectors have no more powers than the lenders, they just hassle a little more.
Confused - Help!
Posted - 17 October 2008 : 10:25:50
