LOWELL/HBOS bank account debt

[PastMistakes]

Hi

 

I have a debt dating back quite some time now for

HBOS WHICH HAS BEEN PASSED TO LOWELL 03/09/2008

(Account opened date, according to Noddle Credit).

 

It was a premium halifax account with only a £100 Interest FREE OVERDRAFT ON IT.

I asked for a extension before i went away on holidays, they REPLIED FIRMLY NO.

 

I had a good time on hols but spent a bit to much ££££ and

 

when i got back i desperately needed some petrol to put in the car to get us back home!

 

I Had only £10 Cash left on me so i thought i would try my Halifax card Just incase

they might honor it as i was at asda and

 

i have heard about some banks having agreements with larger shops that they will honour it if its a small transaction.

 

RESULT! THEY HONOURED IT i purchased about £20s worth of fuel!

 

Obviously a few days later i got a letter saying about the transaction

and that it was outside my arranged overdraft and now unarranged as such

and applied some fees (which back in 2008 was about £25 if u failed a payment,

i know now the banks have changed there policies,

i'm now with barclays and they charge £6 i think if a payment bounces,

which is much more reasonable than £25!!!

 

I hadnt heard anything about this debt for years,

at the time i was living with my grandad and he has since passed away

and i moved out obv, so maybe some delays in finding new address?

but all these years, its abit long isnt it?

 

lowell called me first about it around a year and a half ago,

i said i was aware of my old account with halifax and that i owed £100 interest free overdraft

and a little bit more for a transaction for £20 outside the overdraft

and a reasonable amount of interest/charges.

 

They then replied stating i owed £795!!!!!!

 

i had to call them the other day to help a relative

and it took them 55mins to answer the phone!!??

 

How they even exist as a modern day bank is beyond me!!!!

 

SO THEY WANT £795!!!

 

Ive done some googling and found that i can state to them i want to see proof of the debt,

which i have done,

infact ive done it 3-4 times over the last year and a half (they seem to cal every 6 months to chase it up!!

 

In the case of this, its a current account, so we settled on account statements,

which they said would take some to arrive from hbos! (over a year and a half ago)

 

Although every few months they call me to ask whats happening

and i have to tel them don't call me, call hbos, because i want to know whats happening too!

 

So now ive filled you in and had a lil rant, the problem i need solving i suppose is this....

 

WHAT CAN I DO???!!? I'VE ASKED FOR PROOF OF DEBT,

THEY REPLY STATING THEY ARE WAITING TO HEAR FROM HBOS!

EVERY MONTH They mark my credit report with a default! IT JUST DRAGS ON!

 

I want to resolve my poor credit history as quickly as possible

and don't see why this shadow should be looming over me

when i have even offered to pay them around about £180-200 for the £120 i borrowed!!!

 

ALL HELP AND ADVICE IS GREATLY APPRECIATED!!!! THANK YOU!!!!

[dx100uk]

firstly.......

 

why are you speaking on the phone to a fleecing DCA?

 

they are NOT BAILIFFS

and have

NO SUCH LEGAL POWERS

 

STOP USING THE PHONE

you are under no legal obligation to discus debts with tem over the phone

 

in writing only

put the phone down.

 

2nd...

 

having any available balance on a bank account debt card

allows you, at an automated payment machine at a petrol station

to spend upto £99 regardless of the balance available.

it will not reject the payment if you use more than the available balance.

 

you need to send HBOS an SAR request to get all the statements.

 

I would suspect the high balance is due to unlawful penalty charges by the bank.

 

as long as your credit file has a defaulted date in the summary

it matters not what data lowells later file

 

the whole account will VANISH on the defaulted dates 6th birthday

 

however, this does not mean the debt is not owed.

 

what is the defaulted date

 

dx