MISSION
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Hi all,
First time poster
I have a couple of issues I would like help with please
Can a creditor purchase a credit card account from another creditor and then turn that credit card into one of there own.? E.g. say I had a credit card with The Bank of Scotland and then this account was sold to MBNA, could MBNA then turn the credit card into a MBNA credit card? if so what would have to be done for this to happen.?
My other issue is that I have a creditor that has stated that they have destroyed my loan agreement. I understand that a creditor has to keep agreements for a number of years which I believe is stated within the Limitations Act but I am having problems finding the info.
Would appreciate some help
Many Thanks
MISSION
A Little Advice and Help Please
in Debt Collection Agencies
Posted
Thanks Brigadier for your fast responce
So if MBNA purchased the account from The Bank of Scotland then turned the credit card into a MBNA credit card
would they not have to provide a new CCA between MBNA and myself??
Thanks
MISSION