📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Are these companies the same one?

Options
As a silent reader here for over a year, I have taken the plunge and joined. Thanks to everyone who posts their questions and to all those who reply, you really help us silent readers.

I have/had four really old credit cards. Paid these for many years, then did the usual robbing Peter to pay Paul for years and then had to default. 

I realise now from reading here, that for the one debt that has been sold on, I should ask for a CCA. For the first time in years, I have looked at my Credit Reports and I don't understand something. Are Arrow, Intrum and Capquest all the same company?

Bank sold to Arrow, who then wrote months ago and said assinged ownership was now with Intrum who had appointred Capquest and that they (Arrow) will no longer process any personal data as Capquest are in control of that. Yet my Credit Reports show that Arrow are still updating my credit reports with the last update from them last month.

Which means I don't have an address for Intrum to send the CCA request to as my CR only shows Arrow's address under useful addresses.

Any help please?


Comments

  • fatbelly
    fatbelly Posts: 23,019 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    Welcome to the forum

    If Capquest have written to you, I'd send the request to them
  • Rob5342
    Rob5342 Posts: 2,426 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 4 September 2024 at 4:59PM
    I'm sure they do this on purpose to frustrate the process of asking for the CCA.

    I have a debt that's owned by Intrum but they said they had appointed Capquest to administer it and Resolvecall to manage it. I wrote to Capquest requesting the CCA and they wrote back saying I need to phone Resolvecall about it. I then wrote to both Intrum and Resolvecall to request it and got a reply from Capquest saying they'd look into it.

    It took about four months to show up as Intrum on my credit report initially after Virgin had sold it.
  • fatbelly said:
    Welcome to the forum

    If Capquest have written to you, I'd send the request to them

    Thanks. Capquest have written to me.
  • Sly72
    Sly72 Posts: 207 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 4 September 2024 at 5:24PM
    I am led to belive Intrum have purchased Arrow/Capquest (Same Company), as my credit file has change to Intrum
    I have Dyslexia which is a learning difficulty that primarily affects the skills involved in accurate and fluent word reading and spelling so some post may not make sense.
  • sourcrates
    sourcrates Posts: 31,630 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Intrum owns Capquest, they recently acquired it from Arrow Global, however, Intrum apparently have a lot of debt, and are selling off assets to reduce there risk.

    Anyone with an account owned by this company, may be well advised to seek a settlement offer if circumstances permit.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.