Idem Servicing 1998 Lombard Loan

[Mitch177uk]

Hi Dx, Im afraid without a current bank account, debit or credit card (both as a means of payment and identity) I cannot access any system. Do experian etc accept postal orders?

[dx100uk]

yes as previously detailed back in july 23rd in post 10.

 

i'd get that cra file before you do anything more

 

send that sar back with a copy of a recent util bill

 

are you at the same address as when the loans were taken out

 

if not include a list of previous addresses.

 

and send it to rbs not lombards

 

as for the ppi question

 

you can say this is a future possibility

however, i currently wish to gather all information of a financial nature first

as you believe you are being chased for debts that are statute barred

and wish to confirm this.

 

please send me my full SAR, i wish everything.

 

dx

[Mitch177uk]

Thanks Dx,

 

I have been paying £10/m for over 7 years now to a variety of DCAs from an old debt arrangement made so statute barred is a non starter.

 

I will send a utility bill as suggested,

 

should I mention that Lombard have already corresponded with me at my new (5 years) address and that they should have my records on file?

 

Of the 3 CRAs which would you recommend?

thanks for your help so far

[dx100uk]

tell you of my fears

 

yes i know about your payments

 

but if the debt was written off years ago

then sold on a phishing list

 

i wonder if ANY of your payments HAVE actually gone off the debt.

 

but have been 'appropriated' by the various DCA's into their profit pocket.

 

then passed around, here we have a mug, you have some money from him.

 

we call this cash cowing.

 

if you fell for threat-o-grams years ago

or

the people you had the DMP with were 'in-bed'

with these DCA's [ as many are - esp if it were a fee paying DMP]

 

they would have not actually checked the legality of the debt before paying them.

 

as they were already doing you with a fee.

 

i'd go for credit expert

 

i bet this debt does not show.

 

dx

[Mitch177uk]

Many thanks , it hadn,t been explained to me before exactly how this works.

 

I will contact the CRA suggested and revert, by the way Im fairly sure it was National Debtline and not a paid DMP

[dx100uk]

ok

 

well i hope i'm wrong then

though its rare even for NDL or even Payplan or CCCS to actually CHECK they are legally owed

for that time period ....of recent they've wised up a bit.

 

 

but certainly to me

 

your story is one of classic cash cowing

 

dx

[Mitch177uk]

Hi all, Ive managed to do a bit on my own so far from reading advice but now need some more direct assistance pls.

 

HISTORYIn 1998 i took out a £5k loan with Lombard. it was a 2nd consolidation of a 1994 loan (original had PPI which I am currently dealing with RBS about (but a separate issue to this).

 

I defaulted on the loan in 2002 and through The National Debtline reduced payments to £10/m whilst I was in financial dire straits.

I sold my house in 2007 and offered Lombard appx £2500 (debt stood at just over £5k at the time) in full and final settlement

or i would use to pay off other debts which they turned down.

 

 

Some months later I recvd letter from Westcot say they now had the debt and I had to pay them

and I have been paying £10/m for nearly 13 years now.

The debt went to Arden for a few years but once I asked for and received a copy of the CCA

the debt was moved again shortly after to Idem Servicing (is this a coincidence?).

 

As of today I received 2 letters relating to the SAR I sent to RBS regarding this 1998 loan

- one says it gives me access to my data but does not entitle me to any Documents which may contain my data:???: confusing or what?

- the other letter is asking me to ring my 'Case Handler' to explain what exactly am I after.

 

This is where I need assistance;

do i call and what is it I am actually after?

is it proof they sold the loan

and do I actually owe Idem the money?

 

I may be being 'cash cowed' as you guys put it but need to know my next move pls

[dx100uk]

yes me thinks you have been cash cowed.

esp seeing the names in your list.

 

 

as for the SAR

I wold suspect they are trying to curcunvent the SAr by assuning your after the details for a PPI reclaim.

 

 

I'd be writing to them

and stating you wish ALL the details they hold on your

as you required them for your records.

 

 

you say they complied [the DCA you are paying ] with an enforceable CCA?

and who said it WAS enforceable?

 

 

dx

[dx100uk]

3 threads merged for history

 

 

please keep to one thread

 

 

dx

[dx100uk]

why oh why did you not stop paying this debt when advised to in 2011?

 

 

dx

[Mitch177uk]

3 threads merged for history

 

please keep to one thread

 

dx

 

sorry dx thought id posted here before but couldnt find my orig thread, thought it mightve been archived.

 

I keep putting it off but now getting letters monthly from Idem asking me to contact them

 

- all strangely since I contacted RBS??

 

Did Arden smell something when I asked for a copy of the CCA

as it was only a month later when it swapped to Idem?

 

ir is iy unenforceable.

Should I have got my credit report first?

 

have i done things wrong way around

[dx100uk]

cash cowed

have you been getting notice of assignments each time

and who is listed as the DCa's client if any?

 

 

dx

[Mitch177uk]

Hi dx, just checked the last letter from idem- it says

Agreement type: unsecured credit agreement

Company Name; Idem capital securities

 

never noticed but no mention of Lombard

 

it goes on to say my balance was purchased by Idem first finance (if of any relevance)

[Mitch177uk]

Had my SAR request reply today but there is nothing about the loan which I am being chased by Idem for, only my 2 original loans. A covering letter states

 

"...the account XXX/XXXX/XXXXXXXX mentioned on your request has actually been sold onto a third party company called Idem Servicing. We have forwarded all your details onto them".

 

The original DCA was Westcot then Arden and has been Idem for last few years.

 

Do I need to go back to RBS regarding why they haven't sent details of this loan or is the ball in Idem hands now?

[dx100uk]

if the loan was active within the last 6yrs they must hold the info

and are not allowed to simply fob you off to the debt buyer or their dog

 

 

dx

[Mitch177uk]

Thanks dx, just called RBS who will now have to call RBS.

 

I asked for the date of the sale of the debt and any paperwork relating to it.

 

I also asked why my prev correspondence of a lump sum offer in full and final settlement letter (for over 50% of balance) and their rejection letter was not included. Thought this SAR was to detail everything?

[Mitch177uk]

Update, RBS Customer Services in Leicester have sent me a letter apologising that their SAR Team in Edinburgh have not been able to find any details relating to the sale of the debt, nor can they find correspondence relating to my offer of full and final settlement and their subsequent rejection letter.

 

They have sent me a booklet on how to complain to the Financial Ombudsman but not sure what this would achieve.

[mikeymack2002]

Well it does appear you have been paying all and sundry, it's about time you stopped doing so until all the requests are complied with. If they were going to take you to Court they would have done so already, so why are you still paying?

 

 

Make an official complaint to the OC let them take the 56 days then escalate this to the FOS/FCA in the meantime save your money and bank it... Its a debt that is not a priority one and you can drop it to £1-00pm ... Most of all DEMAND a final resolution letter from the OC once the procedure is complete...

 

 

You may want to read up on the CONC rules and read them fully see here http://www.consumeractiongroup.co.uk/forum/forumdisplay.php?423-Consumer-Credit-Sourcebook-%28Conc-FCA-rules%29

 

 

The full handbook can be found here https://www.handbook.fca.org.uk/handbook/CONC/

Edited September 16, 2015 by mikeymack2002
Added a link

[Peterbard]

Hi

Just skimmed this thread, i notice that you have recieved a copy of the agreement.

 

Was this after your request made under section 77 of the CCA and payment of the fee ?

 

Was this a reconstructed copy or was it a copy of the signed document ?

 

This is quite an old fixed sum agreement from what I gather , has anyone taken a look at it regarding enforceability under section 127 ?

[Mitch177uk]

Thanks Mikey/Dodge

 

Yes I paid Ardern to see my CCA and it looks totally legit, a photocopy with def my signature. A few weeks later though I received the letter that Idem were now the DCA- is this a coincidence?

 

Wonder if the reason RBS cannot find my correspondence under SAR is because it went to the DCA?

 

Recent correspondence from Idem has stopped saying Re:Lombard and now says RE:Acct Number xxxxx- again not sure if relevant but thought Id mention. Hidden away in the last letter was text saying that Idem First Finance were the DCA and not Idem Servicing. again not sure if relevant.

[Peterbard]

Thanks Mikey/Dodge

 

Yes I paid Ardern to see my CCA and it looks totally legit, a photocopy with def my signature. A few weeks later though I received the letter that Idem were now the DCA- is this a coincidence?

 

Wonder if the reason RBS cannot find my correspondence under SAR is because it went to the DCA?

 

Recent correspondence from Idem has stopped saying Re:Lombard and now says RE:Acct Number xxxxx- again not sure if relevant but thought Id mention. Hidden away in the last letter was text saying that Idem First Finance were the DCA and not Idem Servicing. again not sure if relevant.

 

You need to check it for prescribed term presence and accuracy, sorry if you have already.