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help previous bank account loan
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
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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
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