Yes I guess the debt would have been sold less than a year after my first missed payment.

Sorry to sound silly but what is a CCA and how do I request one?

Hi,yes I was resident in Scotland.

The loan was taken out with hitachi.

Hi,

It’s my first time here and I could use some advice!

I defaulted on a Personal loan in 2016 after I lost my job due to health issues.

The amount owed is approx £3.5k.

I’m still not working and have no income not even benefits.

(I’m fully financially supported by my partner).

Since the default I have made no payments whatsoever.

The debt was passed to Cabot and I have been receiving letters from them for the last couple of years.

Recently they have instructed Nolans solicitors to recover the money.

I have been incredibly stressed out By everything but I managed to borrow a bit of money from a close relative to see if they will accept a settlement offer and they flat out rejected it.

I was told I had to offer the full amount or I will be taken to court.

I’m not in a position to offer anywhere close to the full amount.

I asked for a copy of the original credit agreement because I can’t remember fully the amounts that were borrowed or interest rate.

I am waiting to hear back from them.

I only made that settlement offer as I panicked and knew that my settlement offer was definitely lower than what I originally borrowed.

I’m really worried about everything and hope that someone can give me some advice on what to do next?

I live in Scotland if this makes any difference.

Thanks in advance