Cabot Financial and Unidebt Collections

amosworks

Anyone please? I really need to send this letter to them today and I'm still trying to muddle my way through my rights and this legalese above. I'm a bit confused

Harassed_2

Does the bit "your obligation also extends to providing a statement of account" mean they also have to give me the account breakdown of payments, interest, charges etc? This is the main thing I need TBH. Thanks for any help

Yes, it does. If they don't supply - report them to Trading Standards.

Englishrose21

Cabot Financial have just bought a debt from Simply Be that I paid off over three years ago. This dept was marked as Satisfied on my credit report a year ago after a long battle with Simply Be. Now Cabot have marked my credit report with Default and say I owe them £274. Credit expert are contacting Cabot and Simply Be to put them straight but this sort of thing should never happen and these companies should be bang to rights. :mad:

thechippy

Amos,

Send a subject access request - it will cost a tenner, but they have to respond. It will show all info they have on you and should contain a breakdown of the account.

You have a perfect right to see how the balance of account has come about.

Dca's quite often add ficticious and illegal charges. They have no right to add charges / interest unless the original agreement had the provision to do so (which they rarely do).

Therefore, if when you get the SAR info back - if there are any suspect charges, tell them to go and sit on a revolving pineapple for them..........:D

creditcritter

just a thought , dca can apply charges if they are set out in the origonal agreement , dose this mean charges can be reclaimed that are indeed reclaimable?