Couple of questions regarding Lowell's legal action against me re a Vanquis CC debt.
1 Once an account is terminated can the creditor add on another month's interest and late payment charge a month later?
Eg the DN states £3500 balance on say 5th March 2021, terminates on the 28th March but then increases the balance owing to £3700 on the 28th April due to Aprils interest plus a further late payment charge on the same date?
2 It appears Vanqu
The claimant will not be able to comply with the judges order....as an assignee they have very little history or information re the debt so would be impossible for them to correct the default notice information...get ready for a Notice of Discontinuance.
As an assignee the new owner of the debt does inherit all the rights of the agreement going forward......but the problem when it comes to litigating is that the debt has already or normally been terminated upon the sale of t