Mr_Jailer & Basa

Since my last post, i received yesterday from Shop Direct Finance (LIttlewoods) with a heading Empire Stores:-

As a reponsible retailer we are guided by legislation to ensure you are kept fully informed of the status of your credit agreement with us. Below you will find details of all relevant transactions that have taken place on this credit agreement in the statement period. We will provide you with a statement on each anniversary until the agreement is completed. These letters are for information only and require no action from you.

There are four credits listed, not from me i might add.

Then underneath there is;-

How interest is calculated

Paying less than the agreed sum

Settling your your Credit Agreement Early.

Then on the back it says:-

Dispute Resolution

If you have a problem with your agreement, please try to resolve it with us in the first instance. If you are not happy with the way in which we handled your complaint or the result, you may be able to complain to the Financial Ombudsman Services. If you do not take up your problem with us first you will not be entitled to complain to the Ombudsman. We can provide details of how to contact the Ombudsman.

So, what do you make of all this, when the first paragraph says 'Requires no action from you'.

Does it mean i will get a yearly statement on the (what they call) anniversary.

As for my credit file, i don't personally care. I don't intend to ask for credit or cards in the future from anyone.