Lowell threatend me court letter

Dalep9

Hello you have most probley all seen this before a few months ago lowell sent me a letter saying they are going to take court action i then sent a CCA request to them and they didnt reply for ages i recently just had a letter from they with what looks like to be a statement and a T and C bit of paper work at the back with my name on it and a box ticked to agree i sign it says on the letter i was defaulted on this account in 2013 but when i check my credit report they came up with no defaults this is only recently last month it stated i had defaults but they have come off now i am confused because if i have no defaults it must been the default date on the letter is wrong any help would be greatful i dont know how to deal with them thanks

sourcrates

Hi,

What type of account was it, how old is it, how much is outstanding, and is it your debt ?

Dalep9

Hello its a old shop direct account the CCA they sent me back states it was opened in december 2010 but it was defaulted in 2013 and that i made payments in 2012 they balance outstanding is £320 but when i check my credit report it says i have no defaults and yes this is my debt thanks for the quick reply

sourcrates

If opened online, a screenshot of a tick box is sufficient to comply with a CCA request.

Let me tell you a few things about Lowell :

They are a specialist debt purchaser,

They take legal action at the drop of a hat, if ignored.

but on the other hand, they offer very good repayment terms, large discounts, you can even repay a discounted amount over a time to suite you.

On a good day, you could get that £320 reduced to £200 fairly easily, and repaid over 6-9 months at a sum you can afford, that would be my way of dealing with this.

Dalep9

Ok so theres not much i can really do just save myself the hassle write back to them and say i cant afford all the debt at once i will have to set up a payment plan or shall i try and bargin with them and say i can give you 250 today to settle the whole debt ? Thanks

sourcrates

Dalep9 wrote: »

Ok so theres not much i can really do just save myself the hassle write back to them and say i cant afford all the debt at once i will have to set up a payment plan or shall i try and bargin with them and say i can give you 250 today to settle the whole debt ? Thanks

Ask if they will discount the balance, say you are in financial difficulties, and you wish to repay over time.

Basically any reasonable repayment option you put to Lowell is normally accepted.

If you can pay a discounted amount all at once, then see if they will accept that.

Jm90

I've had Lowell send me letters for debts I owed but wrongly ignored due to not having the money. Was the worst thing i did. I got a court letter and threatened ccj. I managed to pay that one off over 3 months.
I called them about the others I owed that hadn't been left so long and I actually found them very helpful. I said an amount that I felt I could afford each month and they were willing to accept lower due to my financial situation. I've managed to keep up with these payments.
Others are right they offer very good discounts to but I chose not to go down that road as I thought they only show as partly settled on your credit file.

Dalep9

Thanks for all the answers i think i will right them a letter and try sort out a payment plan just after 6 years all my pervious defaults have gone from my credit report now this happens i cant be dealing with a CCJ and waiting 6 more years for a mortage