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loan been sold on

Hi ive been told that if my loan has been sold on then i no longer have to pay it because the agreement was with the old company and not the new one. Does anyone know if this is right or not?? xx thanks in advance xx

Comments

  • It's complete bobbins. They have the right to reassign the debt. so you still owe it.
  • The debt may have been sold on to a third party, but you will just be expected to pay what you voluntary agreed upon when you took out the loan. Now just be a good girl and pay up.
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