Wescot Credit Services

[Magic1!]

Hello,

I took out a bank loan Dec 2007 when I lived in Scotland.

 

Shortly after I moved to England.

 

When it came to make the repayments on the loan I found myself out of work and unable to pay.

 

I informed the bank of this and my new address.

 

I never heard from them again which I found surprising.

 

Now last week out of the blue I receive a letter from Wescot claiming on behalf of their client for an amount roughly but not exactly amount I owed.

 

The bank has never informed me of passing this debt onto this agency or using them as a collector.

 

Now before I posted I looked through similar cases on various sites and was made aware that a debt in Scotland is void after 4 years and in England 5 years,

is this correct?

 

So my question is am I under England rules where I live now or Scotland rules where agreement was made?

 

Secondly is the debt from when it was signed or from when first payment was due?

 

And finally any general advice on this issue,

 

should I just ignore them or should I contact them?

[BRIGADIER2JCS]

No .... a debt in England becomes statute barred after 6 years (5 in Scotland)

 

In Scotland the debt is extinguished in England it still subsists until the Creditor is informed in writting that the debt is statute barred and the debtor will not be making payment.

 

For a debt to become statute barred IF there has been NO payment and or no written acknowledgment of the debt, any payment at any time in the 6 years restarts the clock.

 

Liability for a debt starts once the agreement is signed and you accept use of the credit available.

 

Have you been contacted in writting by the debt collection agency?

[dx100uk]

hi welcome aboard

 

what does your CRA file say about this debt?

 

see below

 

noddle is free

 

dx

[Magic1!]

Hello,

Yes Wescot send me a letter last week wishing payment for an amount, not correct amount but nearly claiming to be working on behalf of their client. So am I under Scottish law or English cause 5 years are up in Scottish law ,yes?

[Magic1!]

Hello,

I ve made no payments atall on this debt or been in contact with bank since I told them I was unemployed at start of 2008. Bank have made no attempt to contact me either.

[BRIGADIER2JCS]

It will depend on the jurisdiction laid down in the agreement, it may say something like ' disputes will be dealt with under English law''.

[BRIGADIER2JCS]

You definitely must check your credit files before doing anything.

[ims21]

Thread moved to Debt Collection forum

[Magic1!]

Hello,

Noddle asks for bank details online to get credit report is that safe?

[pammiec]

I asked exactly the same question about Noddle this morning when I tried to check my credit rating. I was assured by dx that it was so I put my card info in. Unfortunately they weren't able to confirm my ID anyway, so it got me nowhere.