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Capquest 90% discount offer on £3100 HSBC Loan 'debt'


Eagle1977
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Hi all,

 

I've had a letter from capquest saying they have taken over a debt apparently owed me, from arrow global. I just threw it in the bin.

 

Anyway, I received another letter from capquest today. It tells me that I owe £3110 to HSBC. And I can pay £310 over three months to clear it.

 

I guess if they are offering this kind of discount, it's basically unenforceable? I had a HSBC account in 2000?

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Discounts from capquest mean 100% Unenforceable, but do your homework. They may chance their arm at issuing a claim.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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what bank account?

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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90% discount means 100% unenforceable.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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Was there any PPI on the loan?

 

 

And was it secured/unsecured ?

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Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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