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CC account sold on to Moorgate


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Had been on a reduced payment plan with A&L for a credit card and have paid every month the agreed amount for at least 2 years.

 

Out of the blue I get a letter from Moorgate saying they now own the account and to continue making payments to them.

 

Should I have had a notice of termination or something from A&L or something?

 

All seems a bit odd to me as I have heard nothing from A&L.

"Never annoy a redhead - especially when she's a member of CAG!"

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well its not terminated just sold p'haps.

 

check your CRA file

 

that will show the owner

 

dx

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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Had been on a reduced payment plan with A&L for a credit card and have paid every month the agreed amount for at least 2 years.

 

Out of the blue I get a letter from Moorgate saying they now own the account and to continue making payments to them.

 

Should I have had a notice of termination or something from A&L or something?

 

All seems a bit odd to me as I have heard nothing from A&L.

 

Was the account defaulted??

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

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The letter is a simple notice of assignment, the matter of a default if any can be resolved by checking CRA files.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

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Changes such as this are not part of the ''monthly'' update, this type of entry is usually made immediately by the creditor/DCA, maany people use the ''update/change''

alert service to be notified of such changes on credit file entries.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

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