question about cca

aligerdie

I recently sent off a cca request to lowell for a large debt I had been paying off monthly.
I suspected they may not have the cca as they had accepted a low monthly payment from me without asking questions. I hadn't previously sent off the request for fear of them withdrawing my payment plan and taking further action against me.

Anyway, a month ago I set the request off. As yet no agreement, so I have sent the 2nd letter.

I have received 4 letters from the dca saying they have requested the creditor to retrieve the form from their archives, and when its found the debt will have to be paid in full.

I'm so worried they will demand this in full when they produce my agreement, are they allowed to do this?

Thanks for your help.

fermi

If they can obtain a valild agreement, then yes.

Knowing Lowells, I would say the odds are low though........

They buy a lot of debts from the lenders very cheaply because the lender knows they are not enforcaeble in court if challenged.;)

aligerdie

thank you for your reply fermi.

The creditor is egg, I don't know what the chances are of them finding it from their archives.

I'm going to hope that this isn't one of the debts they can find the cca for then...

fermi

Even if they do, just pay what you can afford and no more.

These people like to threaten court and all sorts, but in the end that is all the court will demand if you let them know your circumstances.

It is hard when you receive these letters, but remember that these people make their money from scaring people.:rolleyes: They would much rather make a quick £1 by scaring the next person who may not be clued up.

aligerdie

thank you so much, you've made me feel a whole lot more positive about the situation.

fermi

aligerdie wrote: »

thank you so much, you've made me feel a whole lot more positive about the situation.

Good.

BBC watchdog have reported on Lowells recently where they were chasing debts that were not really owed.

Tells you what sort of company they are.............;)

http://www.bbc.co.uk/blogs/watchdog/2009/01/the_chase_for_debts_not_always.html

If they use any unfair tactics then report them to trading standards and the OFT.

rog2

fermi wrote: »

BBC watchdog have reported on Lowells recently where they were chasing debts that were not really owed.

Tells you what sort of company they are.............;)

http://www.bbc.co.uk/blogs/watchdog/2009/01/the_chase_for_debts_not_always.html

If they use any unfair tactics then report them to trading standards and the OFT.

What a load of old cobblers from Lowell - especially this part of their response to Watchdog:

"In the small minority of instances where a debt is disputed, collections activity is immediately put on hold while we endeavour to resolve the dispute promptly, in order to minimise any potential distress to the account holder."

Feedback from those unfortunate enough to have used their 'freefone helpline' has not been brilliant either.

Merlinexcalibur

"In the small minority of instances where a debt is disputed, collections activity is immediately put on hold while we endeavour to resolve the dispute promptly, in order to minimise any potential distress to the account holder."

*picks self off floor after falling off chair in ironic shock*