Barclaycard sold to Cabot - help

[brokenglass]

I've received a letter from Barclaycard informing me they have sold my debt to Cabot.

 

£1 monthly payments were being made to Credit Solutions.

 

The letter says I should contact Cabot to arrange a payment method.

 

I would like to continue to do this by internet banking each month.

 

The letter also says that Cabot will honour the payment plan for a minimum of three months.

 

I just want to check that there is no pitfall to contacting Cabot (by phone at least)

and whether there is anything else I should do at this time.

[Stigman]

You pay Cabot exactly what you are paying Credit Solutions, when Cabot bought the debt, they also acquired any payment arrangements.

 

You need to keep everything in writing, write informing Cabot that a payment arrangement was in place and kept to with Credit solutions, this will continue at £1 pcm to Cabot.

 

Have you asked for a CCA request? If not send Cabot one.

Does the sale, amount outstanding and any payments made have been updated on your credit report?

 

Stigman

[oleg]

Of course Cabot are, as you said, already aware of your existing payment plan but was it confirmed in writing

and did it specify a fixed time period or indefinite [until balance repaid] or nothing specified?

 

The point is, Cab cannot vary a written payment plan.

 

If yours extends beyond the 3 months' grace which Cab have so generously bestowed, you can tell them to ****

 

Do NOT phone Cab:

 

debt purchasers are not famed for their integrity

 

and you need a paper trail in case of legal action or other dispute.

[dx100uk]

get that CCA request off!

 

who say this debt is even enforceable

 

if CSL had it and now its been sold again to cabot

 

this smells of cash cowing

 

how old is this debt?

 

when did you take the card out?

 

is it on your credit File?

 

how did CSL 'spoof' you into paying them?

 

if you are using the phone STOP NOW

 

they and any other DCA are NOT BAILIFFS

and have

NO SUCH LEGAL BAIIFFS POWERS.

 

might be an idea to get an SAR of to BC

 

I bet you've loads of PENALTY charge

 

and

 

PPI to reclaim?

 

BC sold it for a reason...find it

 

dx