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Issues with cabot
jonnyf
Posts: 3 Newbie
In march I received a letter from Cabot financial stating they had bought my Credit card debt, £8800.
All well and good. I was on a reduced payment plan with my cc company and cabot had all teh details etc. so when I phoned them up they continued to except £30 per month.
Then the phonecalls stated. Last month they rang me loads. The gist being my account is up for review and they want more. They ask for a budget plan which I send in.
Now the phonecalls & voice messages have stated again this month, same as before.
However Yesterday when i returned their call they didnt know why I had been rang and that my account would be reviewed again in six months because I had spoke to them last month.
Today I return todays call and they want more money, or a settlements and have not received last months budget plan.
Im really worried about these guys, the last thing I want is a ccj when they take me to court but i simply cannot afford any more each month. do these guys have a record of taking legal action against people.
All well and good. I was on a reduced payment plan with my cc company and cabot had all teh details etc. so when I phoned them up they continued to except £30 per month.
Then the phonecalls stated. Last month they rang me loads. The gist being my account is up for review and they want more. They ask for a budget plan which I send in.
Now the phonecalls & voice messages have stated again this month, same as before.
However Yesterday when i returned their call they didnt know why I had been rang and that my account would be reviewed again in six months because I had spoke to them last month.
Today I return todays call and they want more money, or a settlements and have not received last months budget plan.
Im really worried about these guys, the last thing I want is a ccj when they take me to court but i simply cannot afford any more each month. do these guys have a record of taking legal action against people.
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Comments
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Hi jonnyf
I think there are threads on here about Cabot - have you tried a search for them?
My loan was passed to Cabot - they have rung me a fair amount, asking me to increase payments, borrow from family to clear the account etc,etc.
I have explained that I am paying what I can afford - and I do not intend to increase this to an amount that I cannot afford - I have told them the loan will be paid as soon as I can and that keeping ringing me is not going to make this happen any quicker!
I have asked them to call me direct and not use their voice messaging thingy. I have also complained about one of their staff who was rude to me - but in general they have been ok.
Hope this helpsDebt at 2nd LBM (!) Jun 08 £8,435 - hm, let's not go there!!
DFW Nerd - 721 / DFW Long Hauler 4 / DFD - ASAP!!
Sealed pot challenge - member 336 - £200 target
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thanks for the reply coolmum, have just taken a search and yes they appear to be pretty popular!! suppose I will have to wait and see how it plays out
since posting they phoned again last night....3rd time in 24hrs hours.
When I asked what they wanted this time, they said...oh I dont know your account seems to be okay until next review in March, goodbye!!!!!!0
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