We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
help previous bank account loan
Options
wales1_2
Posts: 2 Newbie
I need help, about 10 years ago i run a debt on my switch card and had to take out a loan to cover the cost, i think the loan was only for about £2000. I thought i had paid the debt so just left it there and moved out of my parents and am now with a different bank.
Now this morning i have received a letter from a credit agency acting for the bank asking for a payment for over £4000, this is the first time i have received any contact from them and never questioned it as i thought the debt had been paid. Now ive read somewhere that you dont have to pay a debt if it is over 6 years old and you have received no contact from them or made a payment in that 6 years, is this right? Can anyone help me please????
Now this morning i have received a letter from a credit agency acting for the bank asking for a payment for over £4000, this is the first time i have received any contact from them and never questioned it as i thought the debt had been paid. Now ive read somewhere that you dont have to pay a debt if it is over 6 years old and you have received no contact from them or made a payment in that 6 years, is this right? Can anyone help me please????
0
Comments
-
Do a search either on the forums or google for STATUTE BARRED.Got Halifax Classic to reduce my interest rate by 5% woohoo - 10/06/08 Thanks MSE!
Another 3% shaved off 10/12/08
ANOTHER 4 % June 09:beer:0 -
Thankyou, have searched on here about statute barred and came across a letter, which i have now copied and pasted and sent to the credit company.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards