cabot

[sonic007]

I have noticed on my credit file that cabot have defaulted me on the charges from capital one, but as from april2008 they re-assigned my account back to capital one can i get this removed if i still owe capital one money?

[rory32]

Can you give us some more details?

 

How much are the charges and the outstanding balance?

 

Do you have a claim against Cap One for the charges?

[sonic007]

hi there rory

 

yes did claim back charges from capital one but still owe a balance of 581.06 which capital one have not yet asked for but in the meantime Cabot have put a default notice on my credit file but dont own the debt?

[rory32]

The default would simply be in the name of the company that were dealing with the account. So really it could be either Cap One or Cabot.

 

Have you asked for a copy of the credit agreement from Cap One?

[sonic007]

yes sent the £1.00 fee which they returned and Capital one have said they have not been able to obtain the relevant information for my account? do you think this is why they havent contacted me for the remainder of the balance?

[rory32]

Quite likely. Even if Cap One can find the agreement they are usually (for usually ready nearly always) completely unenforceable as they contain none of the prescribed terms.

[sonic007]

so can get my credit file ammended? if cabot dont own the debt and was in dispute of the charges? what should i do about the remainder of the debt contact capital one?

[rory32]

In all likelyhood the default would just change from being registered in Cabot's name to Cap One's.

 

Cap One don't like writing debts off but you can always try a little gentle persuasion. I would take a look in the default forum for strategies on how to remove the default.