Jump to content


Been Blindly paying Various DCA's £10PCM for 15yrs on old RBS Lombard loan - help


Willowsdad
 Share

Recommended Posts

Hello all, hope somebody can advise.

 

On one of your site team footnotes it says to "...stop blindly paying a DCA-"

 

well I have for nearly 15 years now after I defaulted on a Lombard Loan. About 10 years ago I sent RBS a SAR but they had no records of my loan although I did get a copy of the CCA agreement from Westcot. 

 

My original agreement through Citizens advice has meant i remain on paying back at £10 pcm with no interest added. I have not missed a payment in those 15 years but will probably be 6 feet under before it is repaid.

 

In the last 15 years the debt has been sold and resold from Westcot to Arden, Robinson Way, 2 different Idem companies,  Robinson Way (again!) and a few months ago to Hoist who offered to write off half of my £4000 balance and will accept £2k over 3 payments which I dont have although I was curious why they would do this- none of the others have?.

 

So the question I have is

- do  I continue to pay £10/m and the debt dies with me? (i retire in 5 years) or negotiate with hoist to get a further discount? Or....do I stop "blindly paying " and if I do what are the consequences?

 

thanks in advance

Link to post
Share on other sites

so why didn't/havent you ever sent a CCA request instead of an sar which is useless.?

 

they wont have one 

 


n

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Thanks dx100uk - it was your footnote I saw when I was searching for advice earlier- so glad you have replied

 

Off memory (15 years ago) I asked for one and they said it was with the DCA which Im sure was Westcot and they sent me a copy - I do have it somewhere.

I think the SAR was a much later thing to do with me being cheeky and asking for PPI back which I had taken out.

Link to post
Share on other sites

well what wetcloths sent years ago, might not exist today. so send hoist a cca request, must be something wrong else why offer a discount....

 

sadly it looks like a classic cash cow account... sorry

they pass it around all their mates... here you have a bit ..this mug is blindly paying anyone that rocks up after a simple letter.

 

di you get the ppi back of lombard (rbs)?

 

 

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

  • 3 weeks later...

Update... I have received a response from Hoist confirming my request for a copy of CCA. They have returned my £1 postal order saying it is no longer required for this.

 

If and when I get the CCA I will advise further

Link to post
Share on other sites

oh well they've already exceeded the 12+2 working day deadline.

must be diving deep into their filing cabinet of fake agreements to copy your details onto...:pound:

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

  • dx100uk changed the title to Been Blindly paying Various DCA's £10PCM for 15yrs on old RBS Lombard loan - help

and ofcourse now please stop paying!!

 

dx

 

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...