Jump to content


Default Notice challenge Lloyd's admit didn't send a default notice


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 1896 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

I have been trying without success to challenge a Lloyd's bank default from 2010.

 

After 2 years of letters Lloyds have finally replied and told me they didn't actually send me a default notice but its all ok as they sent a solicitors letter instead .

 

This seems off to me and i smell a large rat :)

 

They also sent me a cheque for £50 as a gesture of goodwill !!

 

Any advice on the next steps ?

 

The debt is fully repaid and just trying to clear my CRA file

 

thanks

Link to post
Share on other sites

It is my understanding that they should not start reporting defaults on a credit file unless or until they have issued a Statutory default notice.

 

A solicitor's letter doesn't comply.

 

Have you made a formal complaint to LTSB head office ? If so and they have provided a final response, you can escalate your complaint to Information Commissioner and/ or the Financial Ombudsman.

 

Sadly, I don't think either of them will provide the result you are looking for :(

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

Uploading documents to CAG ** Instructions **

 

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

 

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

 

 

BCOBS

 

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

 

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

 

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

Link to post
Share on other sites

There are lots of threads on here about debt collectors and most posters give them bad versions of their name and call them bottom feeders. Sometimes I wonder if the banks aren't even lower, they really don't care and seem to get some perverse enjoyment from doing this sort of thing.

I think they are trying to say 'we are the king pin' but they really aren't.

Link to post
Share on other sites

Hi

Yes this letter is in reply to my formal complaint to head office.

 

I plan to reply saying "thank you for admitting you have not issued a Default notice and as such i require it be removed from all CRA's immediately"

 

Is that the right approach ?

Link to post
Share on other sites

I think you will have no end of problems trying to convince LTSB that they have behaved badly and contrary to their obligations. :(

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

Uploading documents to CAG ** Instructions **

 

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

 

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

 

 

BCOBS

 

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

 

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

 

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

Link to post
Share on other sites
  • 5 months later...

Just a quick update on this , I finally went to the Financial Ombudsman and they made a ruling as below:

Lloyds have agreed to the following after the ombudsman said they had not acted correctly but he could not over turn the default as such

putting things right

As it stands, Lloyds have offered to do the following to put things right:

- Record the default from February 2010 rather than August 2010. That will mean the default is off your credit file after February 2010.

- Refund the £17 account fee between November 2009 and August 2010 (when the fees were stopped). That will come to £170, plus 8% statutory interest.

- Offer an extra £150 for the inconvenience caused.

 

It pays to be persistent, and shows the Banks are being held to account just a little :)

Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...