Hi
I had a current account with Lloyds, opened 2002.
I stopped servicing this account in 2015, with an overdraft of £1,900.
The account was assigned to Cabot 9 months ago.
When I was notified of this assignment I wrote to Cabot to verify that they had the rights of the account and were in a position to request payment.
I requested from Cabot copies of the original agreement I would have signed when it was set up, the terms and conditions, a full statement of the account, the notice of assignment and the default notice.
After a long wait they have written back stating:
"we contacted Lloyds for further information.
Unfortunately, they have been unable to provide a copy of the agreement as when your account was opened, they were not obligated to retain this information"
they include a few statements from 2014 to present
there was no default notice
they included a copy of the assignment notice
Without the original agreement and terms how am I able to proceed
, I would like to determine the charges applied etc and understand the terms
Can I request the statements from day one of the account, or should I SAR Lloyds?
I don't recall receiving a default notice, so I would like to see a copy of this too.
What is the best form of reply here?
Cabot end their letter:
"I believe the evidence provided verifies the outstanding balance. "
does it?
Thanks