1st Credit HELP!

fermi

At very least you need to what to see what type of agreement/debt this was. You don't know what this is, if it is actually yours, or the account history. You just have a start date, that doesn't really signify whether it is statute barred or not, and even if you could work out the date of last payment or acknowledgement certain types of debt may not be statute barred until 6 years + some months after that.

So all in all if me Iwould hang fire for a time to see what else they send and if there are further details. Then it's possible to reconsider the position and approach from a position of greater knowlege.

Groovatron

Good stuff, I shall update when ive heard from the next.
Hopefully others can find this thread useful :beer:

Groovatron

So as promised heres an update, With information from 1stCredits update letter.

Re: Agreement with Barclays Partner Finance
Balance outstanding £1,488.24

"Please find attached your latest statement detailing all financial transactions from 01/10/2012-30/09/2013"

Following page reads..

Annual statement related to fixed sum credit agreement

Statement 5
Annual statement relating to period from 01/10/2012 to 30/09/2013
AMOUNT OF CREDIT £1253
Opening balance at the start if statement period £1488.24
DATE OF AGREEMENT 01/05/2007

So, in terms of the dates whu do they reference 1/10/2012?
I have no recollection of dealing with any debt collection over this period, as mentioned above i wasnt aware i was in any debt!

Whats the best way to move forward based on the info received above?

Many thanks guys

BrainTrust

They do it to try and make you think it can't be statue barred.
6 years on 2012 makes statue barred in 2018.
They are trying to deceive you. Something like that tactic might work on an elderly person who doesn't have the computer knowledge to come to a forum like this and learn how to do what you are doing.

happy_bunny_2

They just sent the statement for the last 12 month period.

Doesn't mention anything about a payment on there though?

So they haven't sent you anything you didn't already know from what I can see?

sourcrates

Told you these Bu**ers were cunning didn't I !! every trick in the book and then some, they would swear night was day if it meant getting money from you !!!!!:rotfl:

Groovatron

Should i still hang fire on sending any letters to them then?

fatbelly

Their letter makes a direct accusation about what the debt is. If you haven't already sent a prove-it, now is the time.

Groovatron

looks like the prove it letter will be going in the post first thing in the morning then :beer:

Groovatron

Im yet to send the prove it letter, but have returned home to a 3rd letter from 1st credit.

This one is abit more informative..
It now reveals a different reference
re: Clydesdale financial services limited trading as barclays partner finance.

It sais BPF has assigned all rights to the above account inc the oustanding balance to 1st credit effective 09/12/2011

it goes on to state..

The total balance sold was £1488.24 as at the date of sale 09/12/2011

1st credit has been appointed to manage your account blah blah

There is another letter within the envelope, saying they would like to take this opportunity to introduce 1st credit as the legal owner of the outstanding debt.

Il be sending the prove it letter tomorrow i guess