I would just like a bit of clarification,lowell has bought accounts off several mail order companies and have placed defaults on these with the cra's.

I would just like to know the difference beetween the account start date and default date as i suspect that these defaults have not been applied in the proper way

Thanks

just a quick update,recieved this through the post today,quite pleased really

SCAN0015.pdf

I will send them a letter with regards to the removal of the default and see what reply i get,and then take it from there.

Good result - I take it you won't be taking up their kind offer to appeal against thier decision

I might sounds tempting,but what would the chances of them actually paying up,me thinks quite slim.

How do i get the default removed

Can they still sell this debt onto another DCA

What letter do i write to get them to remove the default and how can i go about claiming compensation?

Well good news,recieved this letter today from HFO.:-DI would just like to thank everyone for their help which was very much appreiciated.

PDFOnline.pdf

It is welcome recoveries dept that are sending the letter

Is this along the sort of lines i should be going,would appreiciate if anybody has got anything to add

I have today spoken to welcome finance compliance department and also their recoveries department and they have informed me that the last payment on the above account was 28/05/04 which was for £70.

I have enclosed a copy of the letter which they have sent confirming this.

Why then have you seen fit to place a default on my credit file on the 01/05/06,nearly 18 months after the actual breach.

I now request that the default be removed,as it was not applied to my credit file in a timely manner in relation to the actual breach as required by the OFT,s guidance,which is 6 months maximum from the date of the actual breach which was 28/05/04.

If this removal is not actioned i will be making a claim for compensation and will again report this matter to the OFT and financial ombudsman

Well i have sent a SAR to welcome,and a cca request to HFO,so i guess ill just have to sit tight and wait for their reply,HFO have still not recieved or signed for the letter i sent back on the 3rd november.

So ill have to write to DLC to see when it was sold?

They have sent me a letter to say that the last payment was made on 28/05/04 for £70,as i no longer have the original agreements or records for that account i cannot cross reference.So DLC have sold it onto HFO.

I have just spoken to welcome finance compliance department,and they have told me that the last payment was made on this account on 28/05/04 for £70,not the 26/08/05 for £15 as originally stated,they have sent me a letter with all the information requested on,but as yet have not recieved it,so they are going to send me another one out.They also stated that the account was originally sold to DLC not HFO,i did ask why the default was put onto my credit file nearly a full 2 years after last payment and they seemed unable to answer that,can anyone tell me where i stand with regards to this and also the matter of welcome originally selling the debt to DLC not HFO.

hello DB and RHOS,how are we today?

i have also lodged a complaint with the financial ombudsman

have just got off the phone to welcome and they said they have posted a letter confirming date of last payment and when the account was sold to hfo,so a little bit of ammunition to fight these scumbags

That is an old Welcome trick - have welocme confirmed in writing to you the date of the last payment?

 

If not you may need to issue them with an SAR.

I have issued welcome with a sar request which they recieved on friday,but they said they will write to confirm last payment and when the account was sold to HFO.I have also sent a cca request to HFO,so ill have to sit tight for now and wait for their response.

When the account is sold to HFO they would take over the original account and CRF info. So the start date you refer to would be the start date of the account - not of when HFO took the account over.

 

Does it give a default date?

it does give a default date of 01/05/06,but the last payment was made to welcome on the 26/08/05,and no other payment or acknowledgement of the debt has been made since then.They put the default on just over 9 months from last payment.

hello all,well i had a look at my equifax report and guess who appears on there,youve guessed,HFO!!,under the heading loan from hfo services ltd,outstanding balance £4983,so where do they get the figure of nearly £8000 from,the start date is 18/03/04,so in other words they had been sold the account,not so according to welcome the account was sold to them 11/05/06,and the last payment was made to welcome august 2005,so how can hfo have taken over the account in 2004.These dates dont add up whatsoever,also the default was added by hfo on the 01/05/06,a full 10 days before welcome said they sold the account to them,any help or advice would be welcomed.

have you read the link i posted from the csa,it makes a mockery of what hfo told me on that letter:-)

Hello DonkeyB

Found a nice piece of info from the credit services association with regards to statute barred debt makes quite interesting reading

just got to wait on hfo,s reply to the cca request,which i sent last week