egg closed thousands of CC accounts that weren't in default, claiming the agreement had a clause allowing them to close accounts at any time.

IMHO. a clause for them to close an account (or rather, end the agreement) at any time contradicts the CCA. if an account is in default, they have to issue a DN and give time to rectify. If rectification is made, the CCA prevents them doing anything. They could though, just close the account without a DN by virtue of 'the clause'. They could wait to see if rectification was made, and if not, close it by virtue of the CCA provision. If it was rectified, they could use their clause to close the account.

Clauses like that undermine the CCA. Just imagine, a CCA agreement meeting the requirements of the CCA, and other clauses over ruling the CCA protection. Just imagine the scenario, they attract you with an interest free period, persuade you to transfer a balance............. and when you do, they close the (non default) account by virtue of their clause, and then bring into play another clause that allows them to increase the interest rate permanently to a ridiculous level in the event of the account closing...... None of that would be against the CCA, but is arguably unfair.

I'm sure all agreements contain those clauses allowing them to close at any time, but they're against the spirit of the CCA at the least. The CCA is silent on the issue of closing non default CC accounts, so its up to a court to decide if such clauses are in keeping with the CCA. I don't think they are, but it looks like the courts may disagree. I don't think its been argued that allowing them to close accounts by virtue of their clause can be used to undermine the provisions of the CCA by closing rectified accounts.

I'm in the same boat with my egg card - they closed it as soon as I told them I had money problems (so much for keeping them informed). The last word I had from them a few months ago was that they were selling the account.

I have found egg the most dishonourable duplicitous conniving bunch you could imagine. EVERY letter is written to cause confusion, to avoid providing information, and to simply wear you out

Folks - I have never been told that my account was terminated. They have two entries - 9 months apart stating TERMINATED AGREEMENT ACCOUNT.

 

On my CC documentation it also states that my Card Account is ACTIVE, in May 2010, but Apex claim to have been sold the debt in 2009. I was orignally telephoned repeatedly by Apex to pay up because I had failed to keep my agreement with them! As I didn't know who they were - I told them to take a long and mind expansive run off a short cliff which wasn't received too well! Egg have never confirmed thye have sold the debt - nearly a year on! However, this site has helped me enormously and I am slowly making headway.

This saga continues on and on.

Today I have received a letter Cabot Financial UK Ltd telling me that my Egg Current Account (never had one) has an outstanding balance. They are going to refer me to Fidelite so they can visit my home.

I last advised Apex that I would not correspond with them further in December 2010, having not had documents sent in the timeframes specified. They carried on for a while and then Cabot appeared a while ago. I've been ignoring them so far as I don't think they have any rights if Apex dropped the ball in 2010, why would Cabot be able to pick it up and run with it now?

I am going to send a CCA to Cabot and a further letter regarding sending agents onto my property, etc, My last letter to Apex was in July 2010 but I did have a SO still going to Egg until Sept 2012. Where do I stand? Do I just send the CCA? Please advise.

I have read this thread with interest. I have a strange situation with an old egg Credit Card which is detailed on another thread but my saga continues on and on.

Today I have received a letterfrom Cabot Financial UK Ltd telling me that my Egg Current Account (never had one) has an outstanding balance (I assume Credit Card). They are going to refer me to Fidelite so they can visit my home.

I last advised Apex that I would not correspond with them further in July 2010, having not had documents sent in the timeframes specified, not been advised by Egg that the account had been re-assigned and the Egg account was still active at the time. They (Apex) carried on for a while (until June 2015) and then Cabot appeared a while ago. I've been ignoring them so far as I don't think they have any rights if Apex dropped the ball in 2010, why would Cabot be able to pick it up and run with it now?

I was going to send a CCA to Cabot and a further letter regarding sending agents onto my property, etc, because I don't want some idiot stressing out my family. My last letter to Apex was in July 2010 but I did have a SO still going to Egg until Sept 2012. I have had no notice of re-assignment at any time.

Where do I stand? Do I just send the CCA? Please advise.

Fidelite = old scotcall (Snotcall)

ignore them

the debt is now statute barred.

dx

ignore them

the debt is now statute barred.

 

 

dx

Thanks for coming back to me dx100 - sorry I didn't mean to post in the wrong place.

Even though I continued to pay after I thought I didn't have to pay them, the debts are still statute barred? Is this why they do not appear on my credit file?

if a debt was defaulted more than 6yrs ago it wont show

theres no link between defaulted date and SB date mind

so when was your last payment

you appear to indicate it ws plus 6yrs ago?

The standing orders were left being paid until Egg returned the monies without any warning

- card last payment was 09/12 and loan was 02/13.

But I had continuously refuted the debt based on an unlawful agreement since 05/08

and never acknowledged any debt to

(nor ever paid any monies to) Apex who claimed to take over the debt in 11/09.

I had 2 debts with Egg at the time, credit card and loan and I challenged both.

Apex claimed to have been assigned the debts but I never had any official notification from Egg

when I challenged Apex, they didn't provide me with copies of the agreement within the specified timeframe

- requested mid January, arrived 3rd week March 2010.

So I ignored all their letters until Jul 2010 and Dec 2010 when I told them they wouldn't hear from me again.

This latest lot of correspondence is from Cabot who have threatened all sorts of stuff so far but I have not responded and I just keep getting letters until this one saying they will send someone for a home visit....?

I was going to send another CCA but is it worth it when Apex didn't hit the date they were supposed to?

I was also going to send a letter stating that they are not permitted on my property without my express permission? Is it worth sending that one as well?

do not send anything.

simply invites letter tennis.

dirty mac brigade have no legal powers and rarely turn up

IGNORE

unless /until you get a claimform

dx

do not send anything.

simply invites letter tennis.

 

dirty mac brigade have no legal powers and rarely turn up

IGNORE

unless /until you get a claimform

 

dx

OK thanks dx100 - I shall follow your advice