hi everyone i need help,

i defaulted on my HSBC credit card over 6 years ago , and since then ive been paying them £X a month. Never missed a payment

Went to check my credit file and now they have changed the date of the default to 2004 not 2001.

can they default me twice within the same period ?

My six years of being "blacklisted " was over , only for it to start all over again!

HELP PLEASE

That's a nasty trick for them to play.....if you've been paying them every month regularly, I am surprised at them doing this ?....if they are doing that I would request the CCA from them....

well ive been paying payments on all 3 HSBC's i fought hard not to get a CCJ , perhaps I should have got a CCJ may have been easier

IS IT LEGAL , sorry everyone am at my wits end, the 6 year black hole is up and then it gets extended.

the CA, said they could be a reason , the data comissioner says it probs is ilegal .

I was made homeless beacuse of my debts and never gave them a forwarding address, as that was a condition of me living with my parents again , ( didnt want bailliffs round)

however every 3 months I would ring them and keep in contact , I have never missed a payment in 6years since then. HSBC know this and were happy

ADVICE please

Hello everyone

I have an old HSBC credit card from 1999 which I have been paying of at £10 a month

I have never been contacted for additional payments or threatening letters. Over the years I have paid the money and got on with my life

The debt never went to CCJ and from 2005 the debt went from my file..

In 2013 the payments came back bounced as the HSBC account was closed , ( their collection account)

I was never contacted to set up new details so I just left it.

This week I have been given a letter saying Cabot have bought the debt from HSBC , it stayed with them for 15 years

What is the best way to play this?

My main concern is playing payment information on my credit file..

Can I pay the debt off in full , probably can?

It wont be statue barred , last payment was 7 months ago, will Cabot know this?

Any advice?

It cannot go back on your credit file unless they obtain a court judgment. Given that it's an old debt so consider sending a CCA request to see what paperwork they have, if any.

Well I think they may have , if HSBC never contacted me or passed on to a DCA , they just sold the debt to cabot

I just think to be punished again if anything went on my file would mean 21 years before it dropped off my file...

You can challenge it. Once a default is off, it cannot be reapplied. It would be unlawful for that to happen. Do check your file and let us know what the situation is.

they have done an enquiry search twice , nothing declared on file

about time you send hsbc an sar me thinks

what was the debt back in 2007?

and what is it now

they should have been sending you statements {NOSIA} better that 6mts too

if the consider it in arrears.

dx

Don't know how much I owed or did owe.

don't know how much I owed I think it was 1900

,when it was first defaulted but I do need statements. I have paid £1320

Question is ,

would £10 a month really keep them happy ?

would asking for a SAR delay anything?

With the debt been relatively new , they would want to take the chance and go for a CCJ?

I cant use the statued barred as I have been paying for the last 15 years

Don't know how much I owed or did owe. don't know how much I owed I think it was 1900 ,when it was first defaulted but I do need statements. I have paid £1320

Question is , would £10 a month really keep them happy ?

would asking for a SAR delay anything?

With the debt been relatively new , they would want to take the chance and go for a CCJ?

I cant use the statued barred as I have been paying for the last 15 years

It springs to mind that either Cabot has substituted the original default date for the date it acquired the debt or the bank did not default the account until just prior to sale.

the correct default date was 2001. making 2007 the correct date for it be wiped.

about 2 months before it was due to be wiped it flagged up on Equifax as a default date of 2004 pushing it back to 2011

ahh so what your saying is HSBC sold the account in 2004 , not recently as I think happened?

Question is

is a SAR ect CCA request going to achieve anything ,

will I have to pay in the end ?

Is it better to wait for a settlement figure which always happens and settle?

the correct default date was 2001. making 2007 the correct date for it be wiped.

 

 

about 2 months before it was due to be wiped it flagged up on Equifax as a default date of 2004 pushing it back to 2011

 

 

ahh so what your saying is HSBC sold the account in 2004 , not recently as I think happened?

Yes this happens a lot, debt sold in a large portfolio and lies dormant on the debt purchasers books.

Has the account shown on your credit files with the 2001 default date? Was this then removed in 2007.

Is Cabot now shown as the owner on the new entry?

A formal complaint to the data controller at Cabot is the next move.

it was HSBC showing on the both defaults

nothing now on my credit file , no transfer of ownership was ever shown on my file

it was HSBC showing on the both defaults

 

 

nothing now on my credit file , no transfer of ownership was ever shown on my file

So your credit file is clear no debt registered by Cabot or HSBC?

Meaning that this dead and buried since 2011?

yes that's right .

I have been making payments till dec 2013 when their bank details changed and their account closed.

So where do I stand legally in enforcement?

Cash cow springs to mind here. get those letters off fast don't make further payments to anyone till you seek further advice here

yes that's right .

I have been making payments till dec 2013 when their bank details changed and their account closed.

 

 

So where do I stand legally in enforcement?

Well the debt is not statue barred but if it is not on the CRA files it's not causing any problems so you could cease payment completely.

If anything comes up again (which after so long is doubtful) come back to us.

hello , just an update..

Cabot are now threating legal action with a CCJ

can I put in a defence , see what happens , of if I issue a defence and lose I am automatically issued the ccj without the opportunity of payment

will they be aware its not statued barred?

or do I dispute the debt now , before it gets to that stage?

bet the letter doesn't say WILL anywhere read it carefully

they should not goto court without a signed cca

have you sent cabot a cca request?

Hi All , sorry have been away for the day

the letter says they WILL proceed with the above course of action in the next 7 days

post #21?

i haven't , can this halt any action? will this stir up more issues

get one sent asap