No credit agreements and credit file

VLF

Hi MSE Forum peeps,

So I am currently challenging a catalogue debt that meets the rules relating to it been unenforceable...

I am now wondering as there is no signed credit agreement nor did I give the company my permission are they allowed to record any information about the debt on my credit reference file?

Could anyone provide any specifics if this is the case.

Thanks in advance.
:money:

Whiner

If you borrowed the money, pay it back.

VLF

Whiner wrote: »

If you borrowed the money, pay it back.

Whiner by name, whiner by nature eh!?

The debt is unenforceable and have no intentions of paying it back, even if it were enforceable they wouldn't see a penny, that isn't the issue here and wasn't my question.

I asked if there is no enforceable credit agreement that complies with the consumer Credit Act then does a company have the right to share my data and record the debt on your credit file?

tomtontom

VLF wrote: »

Whiner by name, whiner by nature eh!?

The debt is unenforceable and have no intentions of paying it back, even if it were enforceable they wouldn't see a penny, that isn't the issue here and wasn't my question.

I asked if there is no enforceable credit agreement that complies with the consumer Credit Act then does a company have the right to share my data and record the debt on your credit file?

Wow, just wow!

BillJones

VLF wrote: »

I asked if there is no enforceable credit agreement that complies with the consumer Credit Act then does a company have the right to share my data and record the debt on your credit file?

Indeed they do, and it's a good thing, too. If you are going to welch on an agreement, then others need to know this before deciding to do business with you.

Hopefully this is all hypothetical, though, you'd not really refuse to pay what you owe, would you?..

BillJones

Just for reasons of humour, here's the OP#s thread asking if they can default on their debts,

https://forums.moneysavingexpert.com/discussion/4730876

It's pretty clear that these are absolutely enforceable.

VLF

BillJones wrote: »

Indeed they do, and it's a good thing, too. If you are going to welch on an agreement, then others need to know this before deciding to do business with you.

Hopefully this is all hypothetical, though, you'd not really refuse to pay what you owe, would you?..

No enforceable agreement exists - end of subject.

And just to reiterate, even if it was enforceable i I wouldn't pay.

VLF

BillJones wrote: »

It's pretty clear that these are absolutely enforceable.

The courts automatically declare these debts as unenforceable.

Perhaps you should do a little research before you reply.

tomtontom

VLF wrote: »

The courts automatically declare these debts as unenforceable.

Perhaps you should do a little research before you reply.

Please let us know when you go to the courts so we can come and watch. In your case a little research is clearly a dangerous thing

VLF

Are you really that stooooopid?

It can't go to court, because the lender needs a credit agreement that complies with the Consumer Credit Act.

Do you work for a DCA? You seem to spread the same bullish*t and misinformation they do.

tomtontom

VLF wrote: »

Are you really that stooooopid?

It can't go to court, because the lender needs a credit agreement that complies with the Consumer Credit Act.

Do you work for a DCA? You seem to spread the same bullish*t and misinformation they do.

Says the one up to her eyes in debt :rotfl: