Capquest old loan with CitiFinancial

[davef28]

I have had an agreement with Capquest for ages and have fulfilled all my payments.

 

I do not appear to have had a statement of account for two years.

 

I have just received a text asking me to call them.

 

Should I ignore this and wait until they write to me ?

[dx100uk]

WHY are you paying a DCA?

 

is this debt on your CRA file?

 

NEVER EVER phone a dca or TALK about your debts on the phone.

 

DCA's are NOT BAILIFFS

they have NO SUCH LEGAL POWERS.

 

tell us about the debt please

 

dx

[davef28]

I had a loan with CitiFinancial,

 

had a few problems paying them but always spoke to them.

 

I was told that I would not be in default !

 

Out of the blue in 2009

 

I got a letter saying loan was sold to Capquest. they hassled me for full payment.

 

After seeking advice I agreed on paying £100 per month.

 

They put it to £120 after four months,

 

have been paying that since,

 

totalling £4440.

 

It is on my CRA

 

although I have tried to get it removed as I was ill advise by Citi.

I have not had an account statement since 2011. I will not be ringing them. thanks

[dx100uk]

how old is this debt?

 

have you asked crapest for the agreement by CCA?

 

hae you CHECKED they SRE legally assigned this debt & hold ALLthe necessary paperwotK?

 

how much was the loan for?

 

how much have paid to date?

 

moved you to the citi forum

 

have a good read.

 

dx

[davef28]

Loan Taken out November 07.

Paid back to Citi 3732.90

Paid back to Capquest £4440.00

Total £8172.90

Original loan was for £8000 plus interest and fee = £12,100.

Have got all the paperwork from them , that is first thing I did.

Last statement February 2011 !

[dx100uk]

ok looking better than what I thought

 

any PENALTY charges or PPI?

 

dx

[davef28]

"looking better than you thought" - what does that mean ?

 

No PPI and I have had no missed payment penalty charges since Capquest.

 

One strange thing was that two payments in March and April 09 appear on my bank statement as payments to Capquest ?

 

I was only notified in September 09 that Citi had sold it on ?

[dx100uk]

that's strange then

 

any how

 

what I meant was at least you've not been cash cowed

 

you need to CCA crapest.

 

that should give you a statement of account too

 

you say no penalties since crepest

 

does that mean there are some before that?

 

dx

[davef28]

I sent a CCA from day one and got back a copy of the original agreement.

Are they in breach of anything for not sending me regular statements ?

I have not had anymore texts and as yet nothing by post, I'll sit tight.

I had some £15 standard penalties when with Citi.

[dx100uk]

yes they should be sending better than annual statements i'm sure.

 

is this on your CRA file?

 

 

dx

[davef28]

It is on CRA file

[dx100uk]

who is shown as the owner

and what is thee default date in the summary

 

dx