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I need help with 1st credit!!!
bridgyboo
Posts: 10 Forumite
Sorry if i have hijacked a thread but had no idea where to write this.......I received a letter from 1st credit saying i owed £990 to a debt. After a very rude phone call in which i did not admit the debt but i was spoken to like i was the scum of the earth, i wrote asking for a cca. I have received a photocopy of an agreement that has my old married name and address, saying that i took out £2000 loan with capital one in sept 1999. There is nearly 1000 added on for creditcare and another 2000 for arranging the loan. I remember taking out a loan but thought this was finished. I have heard nothing from this debt in years and they have tracked me to my new home i a completely different part of country. It says on the photocopy that my bank details are with barclays, i have never had a barclays account! But my name and address are correct and it looks like my old signature. Do i own up to this debt and get them off my back? Or is this debt no longer enforcable after 11 years? What about the £1000 creditcare, is this equivalent to ppi? I need help cos im at my wits end and have no idea where to turn to 
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Comments
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How many years is it since you would have last made a payment or acknowledged the debt in writing?
Over 6?Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
To be honest, I really don't know, would they have records of this? I dont want to admit to this debt but it is my name. I dont remember paying them! I must have paid at least £4000 according to the debt left!0
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In that case have a careful think about it.
Read the info in this link: http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=25_liability_for_debts_and_the_limitation_act
Would probably be a good idea to give the people who wrote that ^^^ a call to discuss the best option. Free on 0808 808 4000.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
Credit care sounds like ppi, which could be used as a counter claim.
£2k to set up a loan?? - that does not sound right at all!
If push comes to shove, a SAR might be in order. Also, knowing this lot I'd be surprised if the agreement was compliant anyway....Happiness, is a Kebab called Doner.....:heart2::heart2:0
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