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Creation/Sygma Mastercard PPI Claim after it went to Lowells debt collection


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Hi

 

I have/had a credit card with Creation/sygma bank. This was done in the MK One store where I used to live as a student. Obviously being a student, and absolutely skint, I thought "ooh free money" - How stupid!!

 

Things with the card got out of hand, and Im not even sure how much I used it, owed in total: anthing!! other than I never paid it, and a few ears later after being chased by Lowell Portfolio, I owed £736.33

 

After a few letters back and forth, and a lot of help from you guys, I eventually got them to stop contacting me, as Id asked for a copy of the original credit agreement, which the were unable to obtain. So in effect, the debt was written off. I haven't heard from them since.http://http://www.consumeractiongroup.co.uk/forum/showthread.php?275340-Lowell-Portfolio-1&highlight=nishi

 

Im wondering whether there is any point chasing the PPI on this account, or whether, due to the debt being wiped, that its best just to leave sleeping dong lie as it were...

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Umm, sorry.. just because they were unable to comply with s78 request, does not mean the debt is written off. It just means until they can comply.. they are unable to obtain a judgment. They can take all other enforcement action.

 

 

Unless of course they wrote to you and specifically confirmed that it WAS written off.

 

You can if you wish put in a claim for the refund of the PPI - be warned however that if the account is still with the original creditor, they will probably assign any refund to the outstanding monies. If the refund is higher than the o/s balance then of course they will refund to you.

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