hope i have put this in the right place...charging orders are very frightening to many people this could be the start of some important changes.... : OFT imposes requirements on RBS/NatWest over charging Orders OFT imposes requirements on RBS and NatWest about use of charging orders 03/13 11 January 2013 The OFT has imposed requirements on Royal Bank of Scotland plc (RBS) and National Westminster Bank plc (NatWest), both members of the RBS Group, to address concerns about the way some customer debts are enforced via charging orders. A charging order is a court order that places a 'charge' on a debtor's property, turning unpaid, unsecured judgment debts into secured debts. This means that once any prior ranking charges on the property have been settled, the debt must be paid back out of the available proceeds of sale when the debtor sells the property. A bank or other creditor which has obtained a charging order can also apply to the court for an order requiring the property to be sold, but this happens only in a minority of cases. Charging orders are a legitimate way to secure and ultimately recoup unpaid debts. However, an investigation by the OFT concluded that there were problems with the way RBS and NatWest were using them. The OFT's concerns included an apparent failure by the banks to consider customers' financial circumstances and the proportionality of the approach before asking the court to put a charging order in place. For example, the OFT found evidence that the banks were not always taking account of customers' efforts to repay debts using a debt repayment plan or other method, and that many charging orders were used to secure relatively small amounts of debt, sometimes below £5,000. The requirements imposed reflect proposals made by the two banks. David Fisher, OFT Director of Consumer Credit, said: 'Lenders are entitled to use charging orders but they must do so proportionately and not to secure relatively small amounts of debt. 'Where we consider the use of charging orders to be unfair or oppressive we will take action to protect consumers.'

The CSA have awarded 1st Credit with the Collector accreditation initiative,which i guess they believe entitles them to change their name to CAI Finance and keep the same company no 7212016 OFT report methinks.....

well i never...all the usual faces...what ever next...?

got letter yesterday with 1st credit heading at top then 'COMPANY NAME CHANGE' "]'we write to inform you that 1st credit(finance)5 Ltd Co number 7212016 has changed the name to CAI Finance Ltd it retained the same company no 7212016. This will not have any impact on your debt which is still being serviced by 1st Credit. yours sincerely Gavin Flynn head of collections' No sign of Cai with DBSG or CSA company check no sign of CAI FINANCE....SOMETHING FISHY GOING ON!

thanks bandit127...moving on as you say..done the dispute letter and told them to send it back to lloyds..thanks guys for all your advice will keep you posted...

thanks unclebulgaria...will do....

sorry

thanks dx will do.....

thanks citizenB will do thanks for very prompt reply

got a letter today from Lloyds TSB plc Credit operations PO BOX 66 Rosyth KY11 2WG funny thing the heading shows a faint Lloyds TSB logo top LHC the letter pretends to be from Lloyds bank and states.written in.same format that Wescots use) 'As we haven't been able to agree a suitable repayment plan we've transferrd your Lloyds TSB bank to a debt collection agency Wescot Credit services Ltd'...an even fainter logo bottom RHC and above the logo is Wescots printer code. This letter is pretending that wescots are Lloyds bank. The account is disputed and is with the FOS awaiting decision.

thanks Galactica for information I will see how i go on your advice and keep you posted.

this is odd S de Tute a solicitor....not acceptable to put name and solicitor under as in your letter... check law society... .no sign...report to law society... which firm does she work for?. de tute...also president of the CSA... company records check at wescot director/sec=S de tute ...very odd...

Hi Dennis in debt here just thought i'd jot down my experience with the fos and lloyds..and the circus (DCA'S).. have a case with the fos since last december against lloyds treating me unfairly over a £1k o/d that i was paying back at £1pr month they passed to dca i stopped paying i got my final response letter last nov and all papers sent to fos...accepted ref given ...jan 2012 moorcroft writing telling me i must pay them i email back saying the case is with fos even quote fos ref..email fos they state that banks are allowed to carry on debt activity even though there is a case with themselves i email back fos stating i consider this to be unfair...their reply is that they have asked lloyds to discontinue collection activity and it stops for 3 weeks...then guess who...Robbers way start i inform them that case with fos same procedure goes on fos state they have asked lloyds to cease activity and last week letter back from rw saying they are no longer dealing with the account...point of this is that even in the face of a case being accepted by the fos and being investigated the very bank the investigation and dispute is with is allowed to carry on collection activities..there is something wrong with this system..thursday this week...guess who.....wesclots...so off i go again.....anyone else had the same experience..?.i will continue my battle against the circus.....

Dennis 69 in debt here... just thought i'd bring you upto date. ..since the phones gone its been peaceful no more calls from india at 10pm at night. I now use only payasyougo. I am handling all the letter writing for marigold and wetclths robinson way have backed off already on 2 debts but the same 2 debts have resurfaced with moorcroft all claiming to be agents for the bank. .so i use email only now i find out who runs the show from the DBSG and CSA sites and (email the managing director ) i inform them that i will only deal with their agent, the bank and quote them the BCOBS unfairness bit i would say again here i am not trying to avoid paying the debts its the manner in which the banks are treating us unfairly i invite them to take marigold and me to court as we have now 6 ccjs against us and at our age we dont care anymore so far all district judges have accepted our £1pr month offers which technically is inalienable pension credit income but i understand some form of offer has to be made. by the time we have paid all of it off we'll be 190 which is fine. ..to sum up.. .i'm actualy enjoying dealing with these ignorant dca's who have no powers whatsoever but are making a fortune out of trying to frighten us. .dont be scared this site is great and the comments point us all in the right direction but i have found the phone is their greatest tool so get rid of the phone/change your number/ make sure you reply to all their letters/send out the doorstep threat reply on here by email to headman and dont be frightened of them a court appearance is nothing to be frightened of. I've seen off Lewis Cohen in court they never turned up twice DJ wrote it off. I still have blackhorse.dlc hillesden to deal with but ill get there thanks to CAG for pointing us in right direction.Will bring you upto date as it happens.

thanks dx and seanamarts feel better already now the phones gone its the daily letters but i'm gonna get there i am not taking it from these 3rd party collectors sending letters to all of them this is a great site and marigold is feeling much better about it already...thanks guys....

’m Dennis call me Dennis in debt... and I’m making a stand.. I am receiving only guaranteed credit ..Marigold.. . oh bye the way Marigold is 60... ..living together..... ..at our age. ..enough. ..lets get on... I’d like to state at this point that my partner Marigold is not trying to avoid paying her debts. ..this is very important at this stage that you do not judge this to be an of avoidance of debt. I myself have 2 debts which I acknowledge with the OC.. we 2 people are well and truly in debt admitted. Marigold dutifully acknowledged all debts that she owed to the Original Creditor at the time that she was made redundant through ill health.in 2009.... She received no replies from the original collector (OC) and matters were soon passed onto unscrupulous debt collectors ..in my opinion ....This is wrong..... why should the banks be allowed to sell on/instruct dca’s who they have no knowledge of .Who phone everyday..Sometimes from foreign parts 24/7 18 times a day, These people who the banks have instructed have made our lives a misery. ... so much so..... that eventually we have to change our number.. ..TO SUM UP...I dont care .. take me to court.. you’ll get a £1 per month......... ........ as follows here...MOORCROFT.....LOWELLS.....LEWIS.....ROBINSONWAY..and others you all know them....... You know the lot of them............. ..........it’s all bent...don’t give in...Come and get me....... .........REMEMBER I AM 69 years of age.....go on......you could go for it...........? I really am sick of this....i didn’t want to say the words...help...but i am...... ..................... Anyone out there please advise................ ................and no i cant afford to check my card cause i don't have a card in the first place.. .i would like to say that without the thought of cag and what i have read,, ,i do sincerely have hope someone will advise....

hi retired 3 years ago now at 69 oap ..took 6k loan IN MY NAME ONLY with BH in 2006 paying at 125pr month in 2007 retired in debt notified bh on pension credit only couldnt afford to pay 125pr m..they kept phoning had no changed things were getting so bad with calls. bh took me to court i admitted debt and offered 6quid pr month( NORTHAMPTON COURT NOTE) accepted offer.. been paying 6 quid by standing order.(still paying to BH) 2 WEEKS AGO letter from BH TO ME AND TO MY WIFE statement...my wife was never on any agreement( NORTHAMPTON STATED TO BE PAID AT £6 UNTIL PAID OFF/court papers clearly only have my name on court form) on BH STATEMENT DURATION OF LOAN 62 months...funny that....I have applied to NORTHAMPTON COURT TO LOWER THE PAYMENTS ONCE I REALISED THAT STATE BENEFITS PENSION CREDIT IS NOT TO BE USED FOR DEBTS. LETTER from court saying a hearing will be arranged in a court near to me.Not heard as yet. Now the funny bit..3 days ago letters to myself and my wife for the debt to be paid to DLC/HILLESDEN SECURITIES AND APLINS SOLICITORS ALL FUTURE PAYMENTS TO BE MADE TO DLC/ I have emailed them explaining i do not acknowledge any debt with them..no reply to date. I note others on this site it would appear that there a lot of us in similar situation with BH AND NOW THE ABOVE MENTIONED CREW....ADVICE PLEASE....there is something very funny here....