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Old Monument credit card sent me a cheque out of the blue
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Emma2820
Posts: 1 Newbie
in Credit cards
New on here so not sure if I'm posting this in right place... I had an old Monument credit card back around 2004, was really irresponsible back then and didn't pay I think the credit limit was £1000.
I'd forgotten all about it, don't remember receiving correspondence, certainly for the last 10 years or so... Then last week I received a cheque for £3600, the accompanying letter starts "further to our correspondence...."
The cheque is made to my maiden name. I'm not sure what to do, or why they have sent it. If I claim the cheque would this be seen as acknowledgement of this old account, and if so I'm concerned that for all these years I have been accumulating interest and I will be stung for a huge debit... But then again why would they send me a cheque for far more than they ever received in payments from me?
I'd forgotten all about it, don't remember receiving correspondence, certainly for the last 10 years or so... Then last week I received a cheque for £3600, the accompanying letter starts "further to our correspondence...."
The cheque is made to my maiden name. I'm not sure what to do, or why they have sent it. If I claim the cheque would this be seen as acknowledgement of this old account, and if so I'm concerned that for all these years I have been accumulating interest and I will be stung for a huge debit... But then again why would they send me a cheque for far more than they ever received in payments from me?
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Comments
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I don't think a financial institution would or could get away with sending a cheque out to trap you in to accepting a debt. Sounds more likely that they have misprocessed a PPI claim.0
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Seems similar to the story here:
http://www.consumeractiongroup.co.uk/forum/showthread.php?472932-Monument-Payment-Break-Plan-**WON-%A37K**&
Nice little windfall if so!0
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