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adam1992

Arrow Global Vanquis

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I have had a long term agreement (via CAB) with Vanquis whereby they froze my card and allowed me to pay off a sum each month to tackle the debt, without interest. I've since this month have had a letter from them & Arrow Global stating a notice of assingment. (Think the account began in 2014)

 

The account has been sold to Arrow  and payments should be made to Arrow. 

 

I've check (MSE/Karma/ClearScore) and it's completely gone (the account) but understand that it may reappear. I've had no default or default notice that I'm aware. I'm a bit confused whether I continue my agreement (as they will pass the payment on as it's set up) or get in touch. 

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so vanquis have sold the debt to arrows.

 

probably from before 2014 

and defaulted? soon after?

hence its now gone as the default reached 6yrs?

 

send them a CCA request.

 

 


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Ah no DX apologies.

 

its never defaulted. We had a an agreement in place whereby they didn’t default the account so every statement that came through had the interest frozen and I was just chipping away at it.

 

which is why this doesn’t make sense. Surely it has to default before they sell it? I’m totally ruined if this Company now applies a default .

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it would need to be defaulted and vanquis issue a default notice for court action.

 

why would a default ruin you?
 

 

 


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