Jump to content
Twitter - Include the @company's twitter name in your post title – here's why…
The UK Stands With Ukraine - 'Slava Ukraini'

lasek22uk

Registered Users

Change your profile picture
 View Profile  See their activity

  • Posts

    171

  • Joined

  • Last visited

  • Days Won

    1

 Content Type 

Everything posted by lasek22uk

  1. lasek22uk
    yes, but when I wrote to CFO I was told Harrisons (Harrisons - Business Recovery and Insolvency) are now in charge as CFO lending is now closed. Harrisons said to me speak with MMF...
  2. lasek22uk
    no, it ended up in MMF and FOB complaint dept and they reply was: From MMF: We understand your concern to be that you feel CFO Lending did not carry out sufficient checks and were irresponsible in approving your loans. Prior to any loan being issued, CFO Lending required potential customers to provide the following data at point of application; employment status & job title, income, household & financial expenditure and tenure. This information was inputted via an online form. Based on this information, we are comfortable that affordability was sought by CFO Lending. Upon purchase of these accounts, MMF took the decision to remove all interest and charges and reduce the balance to principal amount only. This means that we are only asking you to repay the original amount which you borrowed. Conclusion Having reviewed your complaint and based on the information detailed above we can advise that your complaint has been rejected. We would like to think the action taken and the decision made will be to your satisfaction. However, this is our Final Response; if you remain unhappy with our reply we are enclosing a leaflet about the Financial Ombudsman Service. You have the right to refer your complaint to the Financial Ombudsman Service, free of charge – but you must do so within six months from the date of this letter. If you do not refer your complaint in time, the Ombudsman will not have our permission to consider your complaint and so will only be able to do so in very limited circumstances. For example, if the Ombudsman believes that the delay was as a result of exceptional circumstances. If you would like a copy of this response by post including the leaflet please let me know by return email. Customer Relations Officer Motormile Finance UK Ltd (MMF) Here was reply from FOB The FCA did indeed instruct Cfo Lending to refund some of their customers for unfair practices and the redress offered included some of their customers’ outstanding balances being written off. Cfo Lending needed to contact all the affected customers by March 2017, unfortunately if you haven’t been contacted by them by now it would suggest that you aren’t one of the customers affected by these unfair practices. However, I can see on the link you provided that it states that if you believe you were affected by any of the issues in the link and may be entitled to redress, you should contact them on 0203 583 6303. We can contact the administrator on your behalf and ask them to look into your complaint. But unfortunately we won’t be able to help further. I hope this information helps, but if you have any further questions please let us know. Yours sincerely *Financial Ombudsman Service, Exchange Tower, London, E14 9SR
  3. lasek22uk
    Hello folks, any advice? Thank you!
  4. lasek22uk
    Hey Bazooka Boo, this was done I believe. Letter was posted by Royal Mail to FCA.
  5. lasek22uk
    Dear all, I have received this from my friend : Good afternoon Further to our previous emails regarding the statute barred status for this account: Lowell Ref xxxxxx I can now confirm that following a review, the decision has been taken to close your account and we will not be contacting you again regarding this matter. Kind regards Lowell Agent __________________________________________________________ Many thanks to all again.. :)
  6. lasek22uk
    will do! thanks!
  7. lasek22uk
    thanks all!
  8. lasek22uk
    hi and sorry ericsbrother! i read your post. just confused now. hopefuly my friend wont go to the court..
  9. lasek22uk
    thanks, oh so what action need to take then? or shall wait and see what they reply with?
  10. lasek22uk
    Hi Andy, No problem. DCA is just saying at the moment that the default date for this account is 1st January 2012 then the account is not statute barred. According to credit report that was ran by friend of mine the last successful payment was in July 2011. Then August 2011 - 1st missed payment, September 2011 - 2nd missed payment, October 2011 - 3rd missed payment, November 2011 4th missed payment, December 5th missed payment, January 2012 - defaulted thanks for help, we will report them as well to FCA as per dx100uk suggestion
  11. lasek22uk
  12. lasek22uk
    Hi Andy, 2011 July was last payment 2012 Jan default date was recorded
  13. lasek22uk
    thanks dx100uk, I guess Lowell is an expert in legislation
  14. lasek22uk
    thanks dx100uk Lowells so replied to email and I have a copy of their response: Good morning, Please be aware that the statute barred timescale commences from the most recent of the following events: the default date, the date of the last payment or the date of any judgement on the account. As the default date for this account is 1st January 2012 then the account is not statute barred. As previously advised, your account is under review and we will be in contact again in due course. Lowell agent
  15. lasek22uk
    hi ericsbrother so consequences can be that thy will still issue CCJ for my friend? sorry im lost here now
  16. lasek22uk
    OK I will help him to write letter via recorded letter and post to FOB
  17. lasek22uk
    sorry, on letter itself was email address and friend thought he can also use this from of communication.. well lesson learned.. YES, many helpful people from this forum also confirmed this information
  18. lasek22uk
    Lowell was so quick and here is what their response was: Good afternoon, Thank you for your email and for providing those security details for us. I have now confirmed this email address on to your account: The Limitation Act and your account We’ve noted your comments, however, your account is not statute barred under the Limitation Act 1980. This is because the full balance became due after you defaulted on the original agreement. According to Oakam Ltd, the Default Date was 1st January 2012 and the debt remains enforceable for 6 years after this date. However, in light of the impending statute barred status on this account, I have submitted this account for a review. Once the review has been completed, we will contact you. If I can be of any further assistance in this matter then please do not hesitate to contact me. ___________________________ I will ask my friend to forward what they say and I guess next step will be question to them when last payment was made for this account. Surely as per my info it was June or July 2011
  19. lasek22uk
    great thanks, will let him know and ask him to send a letter off to Lowels
  20. lasek22uk
    thank you all, over the weekend we worked this out from credit file. 2011 July was last succesfull payment Then: 2011 August: Either the payment due wasn't made for 1 months, or the account is 1 months in arrears. 2011 September: Either the payment due wasn't made for 2 months, or the account is 2 months in arrears. 2011 October: Either the payment due wasn't made for 3 months, or the account is 3 months in arrears. 2011 November: Either the payment due wasn't made for 4 months, or the account is 4 months in arrears. 2011 December: Either the payment due wasn't made for 5 months, or the account is 5 months in arrears. 2012 January: Either the payment due wasn't made for 6 months, or the account is 6 months in arrears. 2012 February: The status of the account is unknown. 2013 March: A notice of default has been served - this usually arises from non-payment Then it goes all to 2017 Dec as Default.
  21. lasek22uk
    An update that last payment was in June 2011*
  22. lasek22uk
    Thank you will forward message and on behalf of my mate small donation was made by me
  23. lasek22uk
    Thank you BankFodder, so he shall wait few more weeks and in Jan 2018 send them a letter? He mentioned that default date was around Jan 2012.
  24. lasek22uk
    Hello all, Friend of mine asked if I can check something for him. Is his debt written off after 6 years? For example letter had arrived today from DCA and debt last payment he made was on 01 Jan 2012. That when he made last payment. Does DCA 'reset's almost 6 years period of time? Thank you!
  25. lasek22uk
    Thanks here it is : - Consumer Credit Agreement CFO.pdf

Follow: @real_CAG

Navigation Links

Welcome
CAG Community Centre
CAG Library
Banks & Credit
Other financial Institutions
Retail
Non-Retail
Work & Social
PayDay and Short term Loans
Debt
Motoring
Legal

Latest

Our Picks


Help and Support

CAG Library
Questions about This Site
Change your notification sound
Change your profile picture - FREE!


Useful LInks

County Court Forms
MoneyClaim Online
CPR - Pre-Action Protocols
Civil Procedure Rules
UK Legislation
Youth Consumer Service

Reclaim the right Ltd

registered in the UK
reg.05783665
reg. office:- 923 Finchley Road
London NW11 7PE

The Consumer Action Group

The National Consumer Service
×
×
  • Create New...