Hi guys,

I have received a letter from Cabot dated 3rd October 2017, telling me that I have to pay my account with them , the balance being £ 7568.15. and that I can set up a payment plan at a sum I can afford. The original lender they say was Associates Capital Corp PLC.

I cannot honestly say that I know about this debt, but there again at nearly 80 years of age the memory is a bit vague these days and it might be. But apart from that there has never been any contact or letters or even payments concerning this account in the past 10 years or more.

I do have two payment plans with Cabot for Barclays debt where I have been paying a minimum monthly payment for about 10 years and never missed a payment in that 10 years period, yet this new debt has never been mentioned in that time.

Any advice on what to do would be welcome thanks.

well because you have been blindly allowing them to cash cow you on 2 accounts for 10yrs

they thought they'd try and and see if they can mug you into paying another one.

associates would have been CITI finance so its a card or a loan

but if its 10yrs old since you could have paid anything

then its statute barred

but ofcourse they couldn't careless and if you don't know they cannot even demand anything from you

as NO DCA HAS ANY LEGL POWERS WHATSOEVER

THEY ARE NOT BAILIFFS

they think they can mug you further..

sorry if this is all a shock

but you need to list ALL the debts you are blindly paying anyone on...

who was the original creditor

what type of credit was it

when did you take it out

how much is outstanding

who you now pay.

lets get you out of the DCA's cash cow milking parlour....

dx

Thank you DX for your response.

I have been unable to get on the site most of today, but will respond hopefully tomorrow.

we have and are sadly still having continuing issues.

dx