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Problem with Lowell and old Oakam loan

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I am not sure if you can see picture so that is Oakam reply:


Please find enclosed with this letter a CD with all the available information you have requested from Oakam.

Call recording are normally held for duration of 2 years, so these are provided where possible.

Please be aware that Oakam's customers do not fill out application forms directly. They undergo an interview process and the information they provide is filled in by the customer service representative that is conducting the application. In this instance the applications have been provided as screenshots.

Regarding the statements provided, these show all the charges and interest due on the agreement as per contract.

Please be aware that the outstanding balance owed on your most recent loan has been assigned to Lantern (formally Motormile Finance UK Limited) on 15/09/2017. Thus, any concerns regarding balances or payments need to be sent to them.


We have been told that debt was sold to Lowell, now in letter that giving different company. Confusing 



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4 minutes ago, London1971 said:

And from the date of last payment you should be able to work out if it is statute barred or not.  In the meanwhile do not answer any calls from Lowell, just ignore them.  It's unenforceable anyway as they haven't returned your CCA


original loan was taken earlier but on 27/12/2012 he took top up which total was 5,000.

don't understand why Oakam added another contractual interest for 29/04/2015-11/03/2019 if they sold debt on 15/09/2017??





we have received letter from Lowell telling us that they requested information from Oakam and we might have to wait for 40 days for they reply.



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I also dont understand why but it can be challenged. Why have they given a redress payment?

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None of this matters, because Lowell have just told you they can't find the CCA, so it's unenforceable anyway. 

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on statement shows that last payment of 5.00 was made on 31/05/2013. Why on credit report it shows end date 28/09/2013?


but when we were running credit report it showed that :


He has two loans under settled accounts:

Lowell Portfolio (balance on 07/02/18)

Start date: 27/12/2012

Default balance: £5311

Last delinquent date:Sept 2013

End date: 28/09/2013

Start balance: 0

If you go to account history:

Date: January 2018

Status: default 

Balance: £10,785


Second loan - Oakam Ltd

Balance on 15/09/2017 - £0

Start date: 27/12/2012

Default balance: £7474

Last delinquent date: September 2013

End date: 28/09/2013

Start balance - £0

Fixed payment- £333

Account history 

Date: August 2017


Balance: £0

Date: July 2017

Status: default

Balance: £6903

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Because the date on your Credit Report is the default date. Statute barred goes from the final payment, It will be Statute barred 31st May 2019. Also it will disappear from your Credit File September 2019, 6 years after default.


The likelihood is that they will not produce a CCA at anytime soon, I wouldn't even bother worrying about this, it's highly unlikely that they will.  On the off chance that they do, you can run it past this forum.


Please, please please do not respond to any phone calls or emails though, or make any offers to pay.  This debt is now on the verge of being 100% unenforceable.  Do not spoil this by paying them anything.

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of course we won't pay. What will happen if they will send us exactly this same information what Oakam send us on CD? Loan was approved online. Just wondering if screenshoot will be counted as CCA?

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let it run.

it'll take them a while to find the CCA 

and even if its considered enforceable by them, it might not be

and they'll still have to go thru the PAP letter of claim protocol


and you have a month to reply to them

and it'll probably take a month to issue a court claim.

by that time it will be statute barred.




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