I'd spend your time researching when you can, to see how other similar cases are handled and/or resolved.

 

See if Cabot contact you further and, if they do, fire back a CCA request in which you can confirm having no knowledge of Career Development Finance.

 

Already found a few cases in which they successfully sued skills train and won there money back. However i just don't have the evidence anymore. Obviously i can get bits from other peoples cases as i took it out at the same time as them.

Will wait and see what cabot send me next. So far they have offered me a 30% discount, so i'd have thought there trying there luck here.

It does become statue barred the beginning of next year. february i think.

Will see what they come with next and then figure out my next move.

Thanks

When i took the course out, i was told i was signing just a payment per month for the course. I later found out it was actually a loan, which the rep never ever mentioned. I also have a witness that was with me at the time of the rep selling me the course.

At the time the sales rep came to my house, i just lost my mum and was in a bad way and looking for something to look forward to.

I thought BPF would have been the only LENDER involved here and, if they weren't being paid by you, they'd sell the debt to a DCA.

 

Do you know how or why Career Development Finance fit into the picture.

 

After investigating, i have found that skillstrain (who don't actually trade anymore) and there website is also not working.

http://www.skillstrainuk.com/

and Career development finance have something in common, they both have the same directors. which those directors have been under investigation before.

A Mr jan telensky is/was on both of those companies directorships.

So it's obviously they are both linked to each other.

I know i can remember that i was hard sold, i was only 20 and back then struggling to find a career. which is why i chose web design and thought this course was perfect, they told me i was gaurenteed to find work after completeing it. They said i had 24/7 support, which was untrue (took a few days to get a reply ever) eventually i gave up and looked elsewhere and never actually heard anything from them until this day.

I'm actually in that career now and starting my own business in the next few weeks. but i ended up going to college as that course taught me zip!

for £2000 i think i received 3 booklets, 3 days support via a online messaging system and 2 cd's as i recall. never received anything after that.

I know i paid around £500+ i can't remember the exact figures but the course fee was just over £2000+

They were caught using microsoft and other names saying that they endorsed the course to which they didn't.

If i knew what i knew back them, i'd have fought it and would have had the evidence to show the poor course supplies. However i don't have that now .

Hi F's,

 

Do you know for sure that BPF sold the debt, and when it was sold.

 

I would ignore Cabot for now.

 

Nope, never had any contact with anyone up until now.

I do no that on the cabot letter it does say "career development finance as there client"

I have also found out that the same guys who ran skills train, actually ran career development finance or so i have investigated.

you certainly can

however again that wont stop the calls

they'll just sell the 'supposed' debt on

 

the important bit here is the discount.

 

they know its a toxic lemon debt

 

that's why BPF has sold it

I think you'll find cabot wil be shown as the owner soon.

the settled bit, is just the OC putting it on the phishing list

for a mug DCa to buy for pennies and try to fleece you.

 

dx

Understood....

Ignore list then!

they rarely pay any attention to the harassment letter.

 

though DO keep a detailed log of the frequency of the calls.

 

dx

Right no problem, will do.

8 calls since 9am today. all from different numbers.

a discount 90% of the time means no debt exists.

 

ignore them.

 

if you type in skills train

or

Barclay partner finance

 

in the search of our GREY top toolbar

 

you'll find several very good threads

about the whole 'debacle' surrounding these home learning courses

 

dx

Yeah already been having a look at them.

However i keep getting a few phone calls from them, only the odd one or so a week.

is sending a cca request out of the question and pointless?

Would sending them the harressment letter stop them phoning up?

then an sar is a good idea

 

not got ROP too have you?

 

dx

No, i cancelled that after i found out what it was. quite near to when i took out the card.

Right, Will get on to S.A.R them!

Hey guys,

This debt i have is a tricky situation.

Back in 2008 i took out a "loan" however i didn't know it was a loan at the time. I was sold a home learning course and was gaurenteed a job at the end of the course.

The sales rep sold me the course by telling me a pack of lies.

I had to make £75 per month payments, even though i was unemployed at the time.

The loan was orignally took out with barclays partner finance. which now the debt is with career development fiance.

I made around £500 in payments when i started the home learning course, however i couldn't make payments and the standard of the course was shocking. I actually knew more then what the course was actually teaching me.

I stopped the payments as they also stopped sending me my booklets to carry on the course after i complained. I actually got a job back then and never thought anything of it.

This was a web designer course, with skills train, which i think are no longer in business.

I have this week been notified for the first time about this debt with cabot financial.

I got a letter tuesday morning saying they have tried contacting me and they have had no success. They state they want me to contact them.

However today i have recieved another letter from cabot saying they are offering me a LIMITED OFFER only valid for the next 30 days.

This offer gives me a 30% discount if i settle now.

I have checked my credit report and i cannot see it anywhere. however on one credit report i do have "loan" marked as settled (which i think this is the account) and this was marked settled back in 2009

They state i owe around £1500 (which i think is the correct amount)

They also state that we will be able to offer you a attractive repayment plan that can repay my debt back within 5 years (works out around £25 i believe)

What would be my best option to respond?

Ask them for a CCA request?

same as your other debts with PENALTY charges

 

get them back!

 

have you ALL the statements?

 

dx

No they don't send me statements. So i only have the last 6 months statements, which show online. Which i counted £60 in £12 fees, in late payment charges and overlimit charges. I'm positive there is a lot more spanning over the last 2 years.

Hi What level are these penalty charges at £12 or more?

There all £12 each.

I also have all these interest things being added, such as :BILLED DEFERRED FINANCE CHARGES, DEFAULT CHARGE INTEREST

I've got myself in trouble with vanquis, i've had the card over 2 years now as i didn't know much about them when i took out the card. Stupid!

I've fell behind with payments and currently can't make a payment this month.

My debt has now shot up over my credit limit up to £300 (credit limit was £250)

I've had already 6 phone calls from vanquis and it's only 10:30 am, each phone call has been with a different number. (google'd each number)

I've looked at my last 6 month online statements and can see £60 worth of charges alone.

These charges are "overlimit" and "late payment charges"

This seems to be spiralling out of control and i don't know what to do, or what my next move is.

I'm looking for a little bit of advice to help me

yes on the ad

 

dx

Great, Thank you.

Anyone know where i can find the right JDW address to send the SAR to.

Is it :

J D Williams & Company Limited

Registered office: Griffin House, 40 Lever Street, Manchester, M60 6ES. Registered in England.

This is there registered office address, would it be fine to send it there?

You dont pay ANYTHING. WHen you claim back the fee's, you also calculate the interest rate they were charging you. You'll probably find out they owe YOU money, which is why it has been sold. They know the debt is unenforceable, but are hoping you pay up before you notice it.

Right, thank you. Going to get on to that right now then!

not really dca's are not bailiffs

and have no such legal powers

Right, no problem.

Red are part of Lowell - the whole group have a pretty poor reputation where caggers are concerned.

 

Charges - you will need to obtain copies of statements from the original creditor by way of a Subject Access Request which will cost you £10.00. Once you have the statements, you will need to complete a spread sheet which we can provide for you. Then you would need to write to the Original creditor enclosing your spread sheet and demand for the refund of the charges.

 

You say the "debt is over 2 years old" when did you enter into the agreement originally - if only 2 years then almost certainly there will be an agreement in existence somewhere.

 

If you have other debts, it might be worth your considering a Debt Management plan with either Step Change or PayPlan. You can of course administer your own DMP with the help of CAG.

 

But you will need to let us know all your debts.

I don't have the information on hand to how old the account is, but Yes, there is most certainly an agreement, which was made by applying online.

Will be sending off the SAR in the next couple of days. to get all the information i need.

I think this account is made up of all 80% charges, mainly penalty fees.

If so, once i get the information back from JDW and 80% are all fees, would paying the 20% that aren't fees and then tackling the charges be the best option? therefore on the account would be all charges of £12's?

is that a way of clearing the debt faster?

To be honest i think all my debts are made up of charges, thus why i'm tackling them one by one.

I have a vanquis card thats littered with late payment fees and that account is 3 years old, those charges would clear the account 7 times over i think. i just can't seem to get the vanquis debt down because of there high interest rates. Anyhow, that's another debt i will tackle a little later.

if JDW sold it

 

theres something wrong

 

i'd sar JDW and get all the info

 

dx

Okay, Will get more information on a SAR and get that sent out.

Do i need to reply back to this letter? or just ignore?

Today i have received a letter from Red Debt Collection Services They are requesting a debt to be paid on behalf of there client "Lowell"

However i know the debt belongs to JD Williams "Originally"

The letter goes on to say, "You debt remains unpaid" they are now wanting to take further action on this account.

They go on to say what happens next and they state they have a copy of my credit file and are in process of obtaining my employment details (no chance as i'm unemployed)

They then go on to say that you can avoid this by setting up a payment of 0.50p a day, £15 quid a month by completing a direct debit at lowells website.

What advice can you give me so i can tackle this debt?

Few things i know :

The debt does have some charges (not sure how many)

The debt is over 2 years old

I'm trying to clear eveything now and would like some advice on what i can do to tackle this debt?

Should i respond to this letter? what should i respond with?

Appreciate the help!

Thanks for that!

Yep in the Cag library CCA Request.

 

As dx said also a SAR to the catalogue company Is needed, there us also an excellent template for this.

Thank you, will get onto that.

ok time to get an sar off

 

whos the cat company.

 

dx

I think it's littlewoods or additions, i cannot remember, all i have on my credit file is "mail order agency" going through my paperwork i cannot find any reference for who the debt belongs to! I think it's additions though.

Sorry posts crossing.

 

Closed by the creditor, and taken over by Lowell?

Figured that.

Nope, all it says that is was closed "Closed 4 January 2012 (balance £412)" and the actual default balance was £184, there is nothing regarding lowell or anyone else.

Is there any template for a cca to send to advantis?

account opened on 2008 but not sure when the last payment was made to that account.

just found on equifax that this account was actually closed on the 4th of january 2012, it also tells me that the default balance was £184, and now the balance is £400+ when it was closed.