Cabot Financial

[miss_boriz]

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.....

[renegadeimp]

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

 

Can we have some background to this please.

[miss_boriz]

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?

[maroondevo52]

Thread moved to Debt Collection Forum.

[Desperate Daniella]

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...

[dx100uk]

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

[BRIGADIER2JCS]

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.