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Citi cards transfer

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Hi All,
I have had a letter from Citi stating that my card has been transferred to CC Asset Management. There is a thread elsewhere on this, but question is can this affect my IVA which is up and running with one payment left of a two part F&F ?

It would appear from other thread that CCAM are a sub prime card provider and DCA !

Comments

  • armistice
    armistice Posts: 120 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    Simple answer, no it cant effect it. (I assume the original debt was included in your IVA)

    I completed my IVA in 2008 and a surprising 60% of my creditors sold their debts. Your letter should have explained that the transfer doesn't effect your agreement.
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