Freedom of information to Credit reference company?

katie0207

Hello,

I was wondering if anyone has ever approached a debt collection agency with a freedom of information request to establish how much they bought the debt for by the original creditor?

Whilst i don't mind repaying what i owe, i refuse to repay a different company a full balance when i know they will have bought the debt for much less than they state!!

Any help/thoughts on this??

Thanks

Culex

The Freedom of Information Act 2000 does not apply to the private sector.

katie0207

That explains that then! ha - Thank you. Is there no other way of finding out how much the debt collection company paid for the debt from the originator?

Mines in relation to a bank overdraft ( I have another thread for that) Would the SAR request cover that i.e show when it was sold and for how much?

Culex

katie0207 wrote: »

Is there no other way of finding out how much the debt collection company paid for the debt from the originator?

None of which I know.

Mines in relation to a bank overdraft ( I have another thread for that) Would the SAR request cover that i.e show when it was sold and for how much?

I would doubt it, because:

1. The data could/would be commercially sensitive
2. The debt would have been sold with a number of others as a job lot.

Tixy

Definitely no way of finding out.

Legally they can collect the full balance.

But if you want to pay less most DCAs are willing to accept reduced full & final settlement offers if you are in a position to make one.

katie0207

Thanks all, twas worth a try!