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In 2001, a debt I had with MBNA was sold to a Debt Collection Agency (Link FInancial). After being hounded on the phone and in letters, I did some internet research and, although I can't find it now, I did find some info saying that for a debt to be sold, it had to state in the Terms & Conditions that this was allowed.


I therefore, verbally, asked Link Financial to supply me with a copy of the agreement. I said that I would refuse to make any further payments until I received this. I have not made any payments since November 2002.


I still get phone calls every 2 weeks from Link, and I go through the same rigmarole of insisting that I will not make any more payments until I receive a copy of the original credit agreement.


I want to put this matter to rest once and for all.


Firstly, do people know whether I am correct in my understanding that the Terms & Conditions of an agreement need to allow for the debt to be sold on?


And secondly, would a CCA letter, assuming that a copy of the agreement won't be forthcoming, be sufficient to put this matter to bed?


Many thanks for any help that people can provide......

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Take a look at this thread and I am sure there would be others too that will answer a lot of your questions.




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Should you be offered help that requires payment please report it to site team.


Alliance & Leicester Moneyclaim issued 20/1/07 £225.50 full settlement received 29 January 2007

Smile £1,075.50 + interest Email request for payment 24/5/06 received £1,000.50 14/7/06 + £20 30/7/06

Yorkshire Bank Moneyclaim issued 21/6/06 £4,489.39 full settlement received 26 January 2007



Advice & opinions given by Caro are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

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