RBS and the dreaded Moorcroft

[durtydurty]

Evening all,

 

I owe the AA best part of 9k in loan agreement I took out a few years ago, the money was obviously put up by RBS, and when I fell on hard times I contacted the AA regarding this and have an agreement with them to pay a sum of money every month that I can manage.

 

They are happy with this etc, started getting letters from Moorcroft and got another one today basically saying we acknowledge receipt of your payment of £xx but we are now responsible for this debt so please contact us with an offer of repayment before we instruct lawyers to come and get you! etc etc.

 

Fairly standard letter I guess, but slightly worried as heard alot of bad things about Moorcroft. A few questions,

 

1. Do Moorcroft now own this debt and what does that mean for me?

 

2. Do I write to Moorcroft and tell them Im dealing with the AA?RBS and no one else?

 

Any help will be greatly received.

[dx100uk]

unless they have a NOA and have sent you such or the oc have said in a leeter they have sold it

you prob just have the standard attempt to extract more money out of you.

 

what letters have you had of resent and what does your cra file show about the debt?

 

dx

[durtydurty]

Thanks for the swift response

 

Firstly whats an NOA?

 

First letter was just asking for me to contact them, which I duly ignored. Then get this one and as far as Im aware Ill keep dealing with AA/RBS until they tell me otherwise!

 

Would a bemused letter to moorcroft be constructive ( should read, shall I write moorcroft with a bemused letter just to wind them up )

[MARTIN3030]

NOA=Notice of Assignment,that the debt is being sold to another party.

It seems odd that Moorcroft are chasing when you are already making repayments under an existing agreement with the original creditor.

Have you missed any payments or else reduced the payments agreed previously ?

Yes write to Moorcroft and say that you consider your agreements that are in place with the OC are still effective,and ask them to provide information as to why they are now handling the account.

That you will only be dealing with the OC until they advise differently.

Ask them to send a copy of their complaints procedure.

Also remind them of their responsibilities under codes of practices to which the are subscribed to including CSA and OFT.

[PriorityOne]

It seems odd that Moorcroft are chasing when you are already making repayments under an existing agreement with the original creditor.

 

You also need to send a copy of your letter to the OC to find out what they're playing at; since Moorcroft can only have got involved after instructions from them.

 

If the OC has sold the account, you have no guarantee that your payments are being deducted from it. If they haven't sold the account, then you could CCA Moorcroft to see if they have the authority to collect.

[durtydurty]

Hi to both of you and thank you both for your input.

 

Its nice to get some feedback, in the wilderness that is debt!

 

Firstly I am keeping my end of the bargain up and paying what I'd said I'd pay and havent missed a payment. With the NOA Im guessing it would be quite an obvious thing and I'd know if i'd got it etc.

 

Ill draft a letter up to both Moorcroft and RBS and see where I get.

[durtydurty]

Wrote a letter to Moorcroft basically outlining the above,

 

Along the lines of what are you doing writing to me, my debt is with RBS/AA Loans.

 

Also one basically saying leave the phone calls out please

 

And got back

 

We acknowledge there receipt of the above correspondence and have put you account on hold whilst we communicate with our client and we will let you know the outcome.

 

Thats fine but Im wondering what the AA?RBS will say.

 

Anyone else had a similar letter and what they got next?