Personal Loan (lender mistake)

JC91_2

Hi,
I'm looking for some advice surrounding a personal loan I took out approx 4 years ago.
I was one of many victims who stupidly bought an over priced car from Carcraft. A part of the agreement was a personal loan as well as a purchase hire agreement. The personal loan was through a company called All In One Finance.
All In One Finance went into administration several years ago and passed on my debt to the PRA Group. Not long after the debt was passed over I was informed my account was closed and I no longer owed the money (£3,500). However, two years later, I have received a letter from the group informing I do infact still owe the money and it was an administration error on their part. So, is this enforceable? There now agreeing to write off £1,000 making the balance £2,500 (kind of them I know). I thought all my Christmases had come at once when the debt was written off! Any advice would be much appreciated. And next time when I think it's too good to be true... it probably is!
Thanks
Jess

DCFC79

How were you informed it had been written off ?

StopIt

Send a CCA request to the DCA now chasing you.


The chances of them finding the paperwork for this one would be slim. No agreement would mean the debt would not be enforceable, so you would them be able to settle for a low amount, or tell the DCA they can't enforce it. That comes with the risk of them selling it on and having to repeat this potentially lots of times however.