Indeed they do it would seem! Assuming they have purchased it, how long will it take to reflect this on my CRF? I am assuming there are letters I could send to ask for proof I owe the debt, and they own it. However it's so close to being SB (Feb '12) that I want to just try and ignore it without giving cause for them to seek a CCJ.

Thank you very much. I'm not convinced 1st credit have indeed purchased the debt as the letter supposedly from Lloyds looks very suspect. Are 1st credit known for going on fishing trips?

After receiving a rather dubious 'debt purchase' letter from 1st Credit I'm hoping someone can answer the following. Should the debt now show as settled with the original creditor on your CRF? Does the original date of default remain there, or does a 2nd more recent default get added by the DCA who have allegedly purchased the debt?

I do know that I incurred this debt, and obviously owed it to Lloyds. Whether I actually owe 1st Credit is another matter. I don't want to send a CCA request because unless I am mistaken, if they can produce a valid CCA then they are entitled to pursue it. I'm not sure if this is wise given the debt will be barred in 5 months?

Thanks! It appears on comparing the two credit reports (both equifax) that the default dates are correct and still the same. It's just they put the red box showing the default in the wrong month. I live in Scotland so the SB time line is 5 years unless I am totally wrong? The last payment on this account was in Jan '07 so in theory it will be SB by Feb '12. My worry is obviously they'll take some sort of action before this. Is there any chance Lloyds have passed this to them lock stock, and they have the required proof etc? I should add that had this creditor (and the others) helped me when this initially happened I would have made payments and tried to clear the debt. However it made me ill and all they wanted was as much money as they could get. Even if this meant taking charges and extra interest from me, rather than trying to clear the actual balance.

Hello All, I am having some problems with 1st Credit and looking for some advice. I’ll be as succinct as possible. Back in 2005 I was diagnosed with a chronic illness and was forced to leave employment. This happened in December 2006. At this time I was given a monthly pension and a small lump sum (circa 10k) I had several creditors and tried to negotiate with them. However I was not working, had no benefits as the DWP had made a mess of processing them and was surviving initially due to family, and then the lump sum / pension. I used much of the lump sum to make payments to creditors which I now know was stupid. They didn’t stop charges etc and were pretty aggressive. I got in touch with the National Debtline who advised me to ask for all debt to be written off due to ill health. They all refused and at this point I was advised to pay nothing. Since then I have considered the LILA bankruptcy route and discussed this with a debt advisor through my local welfare rights service. Their advice was that due to having almost no surplus income to either go down this route, or forget about it as if they’d wanted to take me to court they would have by then. If they did, they’d get nothing anyway as I have no assets, savings or surplus income, and if I was granted bankruptcy it would be no bad thing. For the last 18/24 months I’ve heard nothing from any DCA. However three weeks ago I received a letter from 1st credit claiming they’d bought a debt from Lloyds. This is partially true. They did do this, but it was back in 2007 or so. The letter looked very amateur, almost like it had been made on a computer by cutting and pasting. They have also started to call my home and I’ve no idea how they got the number. I’ve also had two more letters, one asking for a payment, another stating they think my financial situation has changed and they want a payment. They claim to know this by checking my credit file. The truth is my credit file does show a change, I took on a mobile phone. I admit it wasn’t the cleverest thing to do, but I’ll have to live with that. I would have more sympathy for them, and more of a moral obligation if they hadn’t sucked me dry of money when I just didn’t have it. They knew I hadn’t taken advice and they bullied me into making payments, adding silly charges and interest, until I couldn’t anymore, at which point they sold the debt and then the real animals got their teeth into it. So what are my options here? Are they likely to pursue this? My thoughts were that as most of my debt will become statute barred beginning 02/12 I could play the long game and ignore it. However my fears are they’ll think there is a pot of gold to be had and apply for a CCJ? Any advice would be grateful. *Edit* I've also noticed today that two of the accounts have had the default dates moved. I know this as I have a screen grab of my credit report in Feb, and one from today.