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credit file question


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After being sent threatening letters from a DCA , I looked on my credit file and the company who I had problems with have put on my file " Debt assigned " .....and " explanation = The account and liability have been transferred to another company " Does this mean that the DCA have bought the account ? On my file it is showing as sattisfied ! before stating the above .

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  • 4 months later...

It would appear so as the account has been marked settled. I have seen similar on my own file and it has happened when an account has been purchased by a DCA.

Completed:

Woolwich: Received £30

Intelligent Finance: Received £1100 after two years and approximately 20 letters, 6 pieces of hair and an eyeball.

Barclaycard: Received £90

HFC: Received £170

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