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HSBC 'managed loan' now OD - sold to CL Finance/Hoist/Lowell - paid until late 2018 - help


HP Mum
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An update:

I recently got a letter advising that Hoist was acquired by Lowells in Oct 2022.

Lowells advise hsbc legally assigned my former agreement first to hoist finance then to lowell portfolio  and now to lowell financial.

Lowell financial write they are now managing my account.

 

By 'my account' they refer to my old unsecured overdraft of apx £20k from 2005, towards which I used to pay a nominal amount per month, but stopped paying end 2018. 

I never made any payments to Hoist.  There was another company before Hoist - to which Lowell do not refer - called CL finance. I paid them until I stopped in 2018.

 

Just wondering what I should do now?

Anything?  Or ignore?

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until you ever get a letter of claim you sit on your hands.

 

 

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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  • dx100uk changed the title to HPMum and 'managed loan' now OD - CL Finance/Hoist/Lowell - paid until late 2018 - help
  • dx100uk changed the title to HSBC 'managed loan' now OD - sold to CL Finance/Hoist/Lowell - paid until late 2018 - help
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