DMP Mutual Support Thread - Part 12

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  • kram
    kram Posts: 136 Forumite
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    Just been checking through my sc account online & noticed that tesco have passed my debt onto 1st credit.
    Has anyone had any dealings or experience of them & have tesco sold it on or are 1st credit just managing it for them.

    Tia
  • sourcrates
    sourcrates Posts: 28,878 Ambassador
    First Anniversary Name Dropper First Post Photogenic
    edited 4 February 2018 at 5:33PM
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    kram wrote: »
    Just been checking through my sc account online & noticed that tesco have passed my debt onto 1st credit.
    Has anyone had any dealings or experience of them & have tesco sold it on or are 1st credit just managing it for them.

    Tia

    1st credit are debt purchasers, and prior to FSA enforcement action, (or OFT as it was then) were one of the worst offenders for flouting fair debt collection rules.

    However, that was then, this is now, they are under threat of suspension of their consumer credit licence if they go back to their old ways, so they should treat you in a fair and business like way, if they dont, use the complaints Channels available to you, dont accept any carp off them.

    If you need help, PM me, I love dealing with them.

    http://webarchive.nationalarchives.gov.uk/20100402132045/http://www.oft.gov.uk/news/press/2009/20-09
    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
  • kram
    kram Posts: 136 Forumite
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    sourcrates wrote: »
    1st credit are debt purchasers, and prior to FSA enforcement action, (or OFT as it was then) were one of the worst offenders for flouting fair debt collection rules.

    However, that was then, this is now, they are under threat of suspension of their consumer credit licence if they go back to their old ways, so they should treat you in a fair and business like way, if they dont, use the complaints Channels available to you, dont accept any carp off them.

    If you need help, PM me, I love dealing with them.

    http://webarchive.nationalarchives.gov.uk/20100402132045/http://www.oft.gov.uk/news/press/2009/20-09


    Thanks for that.

    Were tesco under any obligation to tell me that they sold it or did they just tell sc instead?
  • mrsorganised
    mrsorganised Posts: 26 Forumite
    First Post First Anniversary Combo Breaker
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    https://youtu.be/SyXJ8WdNVws
    This is an enlightening video that you need to watch when the kids are in bed or you have half an hour to spare
    For people in debt ( towards the end of the video) there's light for those dealing with debt collectors , other stuff is about your rights
    KNOWLEDGE IS POWER, good luck
  • sourcrates
    sourcrates Posts: 28,878 Ambassador
    First Anniversary Name Dropper First Post Photogenic
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    kram wrote: »
    Thanks for that.

    Were tesco under any obligation to tell me that they sold it or did they just tell sc instead?

    Should of issued you with a "notice of assignment" letter.

    Just a technical breach if they didn't, and you can always request one from them.
    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
  • sourcrates
    sourcrates Posts: 28,878 Ambassador
    First Anniversary Name Dropper First Post Photogenic
    edited 5 February 2018 at 6:27PM
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    mrsorganised wrote: »
    https://youtu.be/SyXJ8WdNVws
    This is an enlightening video that you need to watch when the kids are in bed or you have half an hour to spare
    For people in debt ( towards the end of the video) there's light for those dealing with debt collectors , other stuff is about your rights
    KNOWLEDGE IS POWER, good luck

    Oh nooo, don't put any credence in the "strawman of the land" rubbish.

    Its been challenged in court numerous times, and has not been successful yet, it is based only on one mans opinion.

    It all boils down to been able to provide evidence of liability, we do that by sending the "provit letter" the other stuff in their "3 letter process", would be laughed out of court.

    This guy should not be allowed to imply stuff like this works, it docent.
    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
  • selinek
    selinek Posts: 72 Forumite
    First Anniversary First Post
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    sourcrates wrote: »
    1st credit are debt purchasers, and prior to FSA enforcement action, (or OFT as it was then) were one of the worst offenders for flouting fair debt collection rules.

    However, that was then, this is now, they are under threat of suspension of their consumer credit licence if they go back to their old ways, so they should treat you in a fair and business like way, if they dont, use the complaints Channels available to you, dont accept any carp off them.

    If you need help, PM me, I love dealing with them.

    http://webarchive.nationalarchives.gov.uk/20100402132045/http://www.oft.gov.uk/news/press/2009/20-09


    This is why I love this site. Where else would we find out about companies like 1st. Credit. They are one on my creditors. Hoping to negotiate a F&F on the back of another UE Agreement :j
  • braveheart6612
    braveheart6612 Posts: 28 Forumite
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    Hi there looking for some advice

    I have a Barclaycard opened in 2013 it has a balance of £10k. It's now defaulted and with Link.
    I have sent them CCA request in Sept 2017 and today they have now sent me terms and conditions but it does t look like the original. So I thought it might be a reconstituted agreement but there's no credit limit, the interest rate is different from original and on the bottom of the form it states 14062014 I'm assuming the last time the terms and conditions were updated. I this enforceable???
  • System
    System Posts: 178,094 Community Admin
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    braveheart6612 wrote: »
    Hi there looking for some advice

    I have a Barclaycard opened in 2013 it has a balance of £10k. It's now defaulted and with Link.
    I have sent them CCA request in Sept 2017 and today they have now sent me terms and conditions but it does t look like the original. So I thought it might be a reconstituted agreement but there's no credit limit, the interest rate is different from original and on the bottom of the form it states 14062014 I'm assuming the last time the terms and conditions were updated. I this enforceable???

    Watching this with interest. We have just sent off 3 CCA's to Link, for old BC debts.
  • Puzzcat
    Puzzcat Posts: 4,200 Forumite
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    braveheart6612 wrote: »
    Hi there looking for some advice

    I have a Barclaycard opened in 2013 it has a balance of £10k. It's now defaulted and with Link.
    I have sent them CCA request in Sept 2017 and today they have now sent me terms and conditions but it does t look like the original. So I thought it might be a reconstituted agreement but there's no credit limit, the interest rate is different from original and on the bottom of the form it states 14062014 I'm assuming the last time the terms and conditions were updated. I this enforceable???
    ploppy57 wrote: »
    Watching this with interest. We have just sent off 3 CCA's to Link, for old BC debts.[/

    You should post on all about debt, they can check agreements for you. You do have to pay to join fully if you want to access their letters to challenge cca's.

    Puzz.
    Christmas 2020 £109
    I love my dmp started in Nov 13 with SC. Self Managed 2016 57% done
    £60062/25384.84 - 13222.60k UE

    MY DIARY     http://forums.moneysavingexpert.com/showthread.php?t=4768685
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