Lombard / Arrow Global/wescott

[Chauffeurboy]

Received a letter from Lombard that they are handing all my details over to Arrow Global on the 5th December 2011,

 

today i received a letter from Arrow Global saying that Westcot Credit Services will be collecting the debt on their behalf

and any dealing regarding this debt are to be addressed to Westcott.

 

The last correspondence i had with Royal Bank Of Scotland and their debt collection agency "Arden Debt Management"

was a letter sent recorded saying the account was in dispute.

 

Arden went quiet

 

However Lombard sent me statement on a regular basis and then they sent the letter stating that they had sold or transferred the debt to "Arrow Global"

 

Do i do anything at this stage or do i make the first move to Westcott stating that the debt of £1727.71 is in dispute with the Royal Bank of Scotland

and they have bought a duff debt.

 

Can they put a mark on my credit file if i don't play ball.

 

Can Westcott legally chase me for the money.

Edited December 8, 2011 by Chauffeurboy

[dx100uk]

no they cant

 

does this debt show already>

 

dx

[Chauffeurboy]

no they cant

 

does this debt show already>

 

dx

 

No

[dx100uk]

phishing trip

 

ignore wetcloths

 

dx

[havinastella]

When did you last make a payment or acknowledge this debt in writing?

[BRIGADIER2JCS]

I am concerned here Chafeuer boy states he was missold

the the loan ??? If he new at this point he was not able to

service the loan why did he accept it, imo '' only his only

intention to give the kids what they needed'' is not

a good or or even defencible reason for defaulting on

the debt.

Having now admitted he was living beyond his means.

How can one say the creditor is at fault here.

[Chauffeurboy]

The Last Payment was 24/2/2010 they have not badgered me since for any payments just sent me statements without additional interest i have contested the Loan however they have issued a original of the CCA but when challenged about it being missold they went quite.

[Chauffeurboy]

Can Westcott Touch Me is the Question?

[BRIGADIER2JCS]

Personaly I think the misselling would have to be tested in court.

[Chauffeurboy]

Thank you for all your advice, one last think are they allowed to give another company all my Data? without my consent. Should i just ignore all correspondence from Wescott?

 

Thanks again

[BRIGADIER2JCS]

The original agreement will give them ''permission'' to share

data in the Ts &Cs which you signed .

[Chauffeurboy]

Good Evening All...

 

First of all let me give you the full run-down of my case and please do not judge me on this.

 

In December 1996 i took out a loan as a very desperate new father with a young family with Lombard Bank which was £6000

with 16.9APR which came to around £11000 with interest.

 

A year later my marriage broke down and what with paying my child matenance i barely had the funds to live on.

 

I turned to Gregory Pennington who sounded great that took all the hassle off your back and you paid them a £25 per month fee

until i found out that they did not have your best interests at heart so pulled out of the scheme in 2010.

 

The is debt is the last one i have to pay off and there is £1727.71 outstanding. Lombard passed the debt to there sister company RBS

who passed it to Arden Credit Management who passed it to Arrow Global or passed it to Westcott who are the latest persuers of this debt.

 

I have not paid a penny for approx 2 years. I asked RBS for them to to take the PPI off and they did immediately.

 

I offered £600 in full and final settlement to Arden which was refused.

 

Surely they would have had me through the courts by know????

 

Any clues how to handle Wescot Please......

[Chauffeurboy]

Sorry Forgot to say, this loan was done entirely over the phone with Lombard and no checks were done with my employer, the cheque was delivered by Courier the next day.

Edited April 14, 2012 by Chauffeurboy

[Chauffeurboy]

Hi All

 

Just need a bit of advice not too complicated,

 

I received a letter from Wescott saying that there client (Arrow Global) had instructed them to withdraw the account and would not pursue the debt

 

now I received a letter from Rockwell who are now pursuing the debt on behalf of Global

and this debt does not and has never appeared on my credit file which is squeaky clean !

 

any advice would be a great help.

 

thanks everyone!

[Bazooka Boo]

Ignore them.

Wait for something much more substantial to come via the post not some fairytale begging letter.

 

What is the debt, how much, how old?

[Chauffeurboy]

Hi Bazooka

 

Thank you for you swift reply, the debt dates back to 1997 sadly it isn't statute barred as I stopped paying Gregory Pennington in 2010 as I couldn't keep paying as icouldnt afford it they were useless anyway however this debt has never been on my credit file

[Bazooka Boo]

OK, what is the debt?

How much?

Who is the original creditor?

 

It won't be on your credit file now as defaults only have a life span of six years regardless of the state of it, ie paid or not.

 

There won't be any chance of them adding this to it now.

[Chauffeurboy]

Hi Bazooka Boo

 

 

Loan was from Lombard

No Credit Check Done all processed over the phone

Debt £7000

outstanding debt was £1700

RBS Then followed Lombard as I think they bought them the arrow global bought the debt.

They have been trying for 2 years now without anything more than threatening letters.

[Bazooka Boo]

OK, will ask to get you moved to the relevant forum by the site team to get more interest and advice in your post.

 

So, the original debt was a Loan for £1700 off Lombard? Taken out in 1997.......last payment 2010.

 

This payment was made via a fee charging DMP called Gregory Pennington, are their charges still £25??

You might like to read this link regarding GP and reclaiming their PPI....http://forums.moneysavingexpert.com/showthread.php?t=3810455

 

The debt is now £7K, RBS took over Lombard who have sold it? or given it? to Arrow Global to chase.

 

I do believe your being what is called, 'Cash cowed' here, basically, the murky world of debt collection has been fleecing money off you for years, and as such have marked your file as 'mug awaits fleecing' and are passing it around each other so they can all have their pound of flesh from you.

 

Have you corresponded at all with AG?

What does their latest missive say?

[ims21]

Thread moved to Debt Collection forum.

 

Thanks BB

[dx100uk]

now retitled into RBS forum

 

dx

[Bazooka Boo]

Thank you DX & ims

[Chauffeurboy]

Evening All

 

Hope you all had a great weekend! I started a thread last week to enquire about the powers of Rockwell DCA. Well now they have started calling me although I am wise enough to blank there calls I wanted some knowledge or indeed a question answering by the wise people of consumer action group.

 

This debt was with Lombard in 1996 for £7000.00 I defaulted and put it in the hands of a debt management company for 8 years before wising up to there failure in getting me back onto the straight and narrow.

 

The Debt was then transferred to RBS who I think own Lombard. When I was trying to get matters sorted I contacted RBS about the PPI they didn't hesitate and reduced the outstanding debt to £1700 and have now passed it onto Arrow Global who had Wescott chase me for the debt and then out of the blue they sent me a letter stating that they were no longer dealing with the debt and would not pursue it so I guess Arrow have now given it to Rockwell who are now chasing the debt.

 

My question is why if they know were I live they have not taken me to court is the debt too old this is the question I need answering. I last paid a small instalment 3 years ago so am not statute barred.

[citizenB]

I have merged both your threads as they are on the same issue and moved you to the Debt Collection Industry forum where I think you will attract more interest

 

When you say the debt has been "passed on" - had you received a Notice of Assignment from Arrow Global ? They are debt purchasers and extremely litigatious.

 

I imagine they then used Wescott to pursue as collection agents only. What communication did you enter into with Wescott and was it them or AG who wrote saying it was being passed back and to whom?

 

Are Rockwell acting on behalf of RBS or Arrow Global do you know ?

[renegadeimp]

They wont take you to court as its unenforceable. As mentioned earlier, you are bing cashcowed. You seem more than willing to pay whatever they have asked, even when its been through different DCA's. It's not SB'd, but what you can do is stop payments and send them a CCA request. Due to the time elapsed since you took out the loan, it is very doubtful theyll ever get a copy of the original agreement and T&C's.