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Cabot / Monument Help!!


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Hi, i had a monument card in 2004, with a small limit of £500. Well cabot have been bombarding me with letters stating that i owe nearly £1300. This is mostly made up of charges. I CCA'd them and they sent me the application form back with statements and also a letter of assignment. I have asked them for a true copy with the prescribed terms etc and they have sent a letter back saying that they have complied and they now want a firm proposal to get the money back. What should be my next move? Many thanks for any replies.

Its better to live one day as a lion than a thousand days as a lamb!!!;-)

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have you read this?

 

http://www.consumeractiongroup.co.uk/forum/legal-issues/173201-why-you-shouldnt-use.html

 

 

also have you thought about reclaiming the charges?

 

 

ida x

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Hi, i had a monument card in 2004, with a small limit of £500. Well cabot have been bombarding me with letters stating that i owe nearly £1300. This is mostly made up of charges. I CCA'd them and they sent me the application form back with statements and also a letter of assignment. I have asked them for a true copy with the prescribed terms etc and they have sent a letter back saying that they have complied and they now want a firm proposal to get the money back. What should be my next move? Many thanks for any replies.

 

Welcome to the Monument/Cabot club -- I'm in exact same position as you are....I've just told Cabot that if they believe they have complied etc etc then they are welcome to take me to court and we'll see if the judge agrees with them...I'm still waiting for a reply from them 5 weeks on.

 

...Oh and by the way, this has been to ing and froing from me and Cabot for 3 years now - still haven't got a penny out of me ;-)

Just hate every DCA out there

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Hi, i had a monument card in 2004, with a small limit of £500. Well cabot have been bombarding me with letters stating that i owe nearly £1300. This is mostly made up of charges. I CCA'd them and they sent me the application form back with statements and also a letter of assignment. I have asked them for a true copy with the prescribed terms etc and they have sent a letter back saying that they have complied and they now want a firm proposal to get the money back. What should be my next move? Many thanks for any replies.

 

EXACTLY when in 2004 -you are getting close to SB so you may want to think about how much you say to them!!

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  • 3 weeks later...
This is the latest letter from Cabot. Any advice would be greatly appreciated.

 

Hi johnny131070

 

I would advise you to follow my thread. I have already passed the stage you are in and now Cabot has issue an application to set aside judgement after I issued a warrant against them.

 

I am sure within a two weeks or so I will have the hearing and will get the decision from court.

 

I will advise you to log a complaint with Financial Ombudsman Services, who will chase Cabot. If after few months you dont get any joy then depending on the outcome of my case, they them to court.

 

Hope it helps

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