Non contact from Barclaycard

[Regulus]

Took out a barclaycard at when I was 18/19, I forget which. I maxed it out liek a complete doofus and got into trouble meeting repayments.

Went through citizens advice and managed to get a repayment of £1 pcm, this was about 5 years ago.

Last year, I lost my job and my bank account was closed, I never bothered contacting Barclaycard because they had never tried to contact me since I made that £1 pcm agreement with me. Since my account closed down, they have only tried to contact me once, by phone, and my girlfriend feigned ignorance. Nothing since. I haven't told them my new address since I moved 18 months ago, but I also know they haven't tried to send me letters as my old landlord would have told me had any mail gone to that house for me.

So, what should I do? Ignore it and wait to see if they let it go the 6 years or get ahead of it and take the initiative?

Yes they did whack on some charges, and I could certainly use that money right now, but on the flip side, If I never hear from them again, thats £2500 I never have to repay.

Not sure what to do here.

[slick132]

Hi Regulus,

If you only stopped paying the a/c 1 year ago, it's a further 5 years before the debt becomes Statute Barred. So I think they'll come looking for you at some stage.

What I would suggest is that you keep any statements which you have for the a/c as evidence of penalty charges made to it.

If they come after you in, say, 3 years time and you then ask for all statements, they'll only supply them going back 6 years from when you ask. Hence, you'll lose out on older charges.

If you reclaim all charges now, they'll use the refund to reduce the balance owing on the a/c.

When you get a job again and get back on your feet, you could review the situation then.

[Regulus]

Okey Dokey, Il run with it that way then.

Thank you very much.