Jump to content


Cabot Financial


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 3797 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hi,

 

I recently sent a letter to Cabot Financial asking them to send me a true signed copy of the credit agreement with £1 postal order.

 

I had a reply from them advising that the default will only be removed if they receive proof that it was issued incorrectly.

 

Can someone advise on how i should proceed next as they cannot provide me with a true signed copy of the credit agreement and they also did not return my postal cheque either.....

Link to post
Share on other sites

Wait. Why would they talk about your default when you requested a simple CCA?

 

Can we have some background to this please.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Link to post
Share on other sites

Recently checked my credit file and

 

noticed that Cabot Finance had listed a default back in 2009.

 

I cannot remember what the default was for and was not aware that I had signed any credit agreement with them

therefore I have written them a letter asking them for the default to be removed

and also that they must provide me with a true signed copy of the credit agreement

as I cannot remember signing any credit agreement.

 

I received a reply saying that a default will only be removed if I can proof that the account was opened in error.

 

They have not supply me with the CCA or return my postal order.

 

What shall I do next?

Link to post
Share on other sites

Thread moved to Debt Collection Forum.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

Link to post
Share on other sites

Write back to Cabot and ask how you can prove that any alleged account was opened in error when they won't give you any details about the account.

 

All letters to Cabot and any other DCAs should start:

 

Dear

 

I do not acknowledge any debt to your organization or any organization you claim to represent.

 

Then carry on with the letter...

Link to post
Share on other sites

what is the debt al about please

 

 

its probable the original creditor registered the default

so nothing to do with them

 

the OC just sold the debt to them.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Cabot will have bought the debt with the default in place.

Im afraid your letter will be ignored as when debts are sold to a debt purchase company such as Cabot it is with all the rights and obligations of the original agreement so Cabot now own the account outright the debt is payable to them, they must update your credit files with their data but the default date Must remain the one placed by the original creditor.

 

You need to make a CCA request to Cabot to see if they have or can get a copy of the original agreement.

 

Use the template from the CAG Library for this, there is a £1 statutory fee to pay (use a cheque or postal order clearly marked ''For Statutory Fee Only'', Cabot have 12+2 days working to reply.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...