CITI CARD to OPUS - any dealings

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skint of leek

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Post by skint of leek » Wed Nov 17, 2010 7:21 pm
Hi, in a DMP with CCCS and recently received a letter from Citi Cards (who have been really good) to say they have sold the debt on to Opus, a credit card run by Bank of Scotland. Anybody had dealings with Opus, are they likely to still run with the DMP or do they try and play hardball!

cheers[:)]
 
 

kallis3

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Post by kallis3 » Wed Nov 17, 2010 7:36 pm
You will probably be ok skint. Companies who buy debts usually play ball.

Hope you are well?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

skint of leek

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Post by skint of leek » Wed Nov 17, 2010 9:04 pm
thanks Kallis, all going well so far, stress levels are way way down and life just seems a lot more fun![:)]
 
 

Adam Davies

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Post by Adam Davies » Wed Nov 17, 2010 10:57 pm
Hi
I came across this last week where a client had his Citi card sold to Opus and his interest shot up. He said that he wasn't in arrears
Regards
Andam Davies
 
 

kallis3

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Post by kallis3 » Thu Nov 18, 2010 6:40 am
That's not good news then. I know all of my debts were sold on when we had the DMP and all continued to play ball.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Andrew Graveson

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Post by Andrew Graveson » Thu Nov 18, 2010 12:19 pm
We've heard from Citi Cards regarding this. I think a lot of the portfolio is being transferred over to Opus this weekend.

It remains to be seen whether existing debt management plan agreements will be maintained. Bank of Scotland are normally reasonable when it comes to DMP's so fingers crossed.
Andrew Graveson
Bright Oak Ltd
UK Debt Management Company
Website: www.brightoak.co.uk
 
 

skint of leek

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Post by skint of leek » Thu Nov 18, 2010 11:02 pm
well, I'll have to wait and see what happens

I'll let you know if they start slapping on the interest - its a shame as Citi were spot on and really helpful, shame if it takes a step back!
 
 

skint of leek

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Post by skint of leek » Thu Nov 18, 2010 11:07 pm
another thing, CCCS did say that they sent my financial breakdown to Opus so fingers cross they see that without their help my DMP won't work.

time for some quantative easing!
 
 

kallis3

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Post by kallis3 » Fri Nov 19, 2010 6:32 am
Fingers crossed skint!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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