Cabot Financial

[shylass]

About a month ago I had to have a credit check for a job I applied for and

 

now I have had a phone call from Cabot Financial, but don't know what it's about.

 

The phone conversation started off

 

"can I speak to Miss C***?", I replied "speaking".

 

They said "can you confirm your date of birth for Data Protection?"

At this point I said "who am I speaking to, I am not obliged to give you personal information over the phone

when you contacted me and I don't even know who you are".

 

They then told me that they were Cabot Financial.

 

I told them I had never heard of them and they told me they would send me a letter.

 

Now I am worried about what it will be about since reading up on the Internet

it seems they are not a nice company and tend to buy old debt.

 

There are a couple of things I would like to ask to anybody that could possibly help.

 

(1) Have I now acknowledged that I am the person they are looking for by answering the phone to them?

(2) I was given the job I applied for,

but told by manager that I have to have a credit check once a year

so does this mean that I may lose my job if Cabot took me to court?

 

I have yet to wait to hear from them,

but if I hadn't have had to have a credit check for employment purposes,

I would be living in peace now.

Can anybody please help?

 

Many thanks in anticipation.

[dx100uk]

whats on your credit file they could be chasing?

 

dx

[shylass]

I'm not sure, I've never looked at my credit file.

 

I'm afraid of what may crawl out of the woodwork once I apply for my credit file?

 

Is it possible that I have a county court judgement that I am unaware of

and if so would it still apply after so many years have passed.

 

In other words do Cabot take over debt that has been to court?

[dx100uk]

if you have court judgements they'd be on your credit file

and you wouldn't of got the job.

 

the old myth of viewing your file exposes you

is an old wives tail.

 

dx

[shylass]

Thanks dx. May apply for credit file now that I know it's just a wives tale

[renegadeimp]

Sounds like theirbold trick of phishing. Instead of letters they use the phone and try to scare you into paying. Relax, ignore the call and IF you get a letter (you probably wont), come back and we can help you sort it out.

[letsgetitsorted]

check http://www.noddle.co.uk for you Credit file, it is a free to use service.

[shylass]

Thanks I'll let you know if I get a letter from Cabot; in the meantime I'll give Noddle a go to see if I can see anything on my credit file. Feel more relaxed now I have help at hand from you folks

[Stigman]

the old myth of viewing your file exposes you

is an old wives tail.

 

Sorry DX but I disagree with you on this one.

 

Below is a quote from & a link to the BBC Watchdog website...

 

Credit reference agencies now do more than simply collect and sell personal data - they also provide a tracing service for third parties. That means that if you go missing without repaying a debt, they’ll help whoever you owe to track you down.

http://www.bbc.co.uk/programmes/articles/1FV0VyS6DFgDCS64NP0T4bB/credit-reference-agencies

 

Stigman

Edited July 16, 2014 by Stigman
Left in an "i" - does happen

[fkofilee]

Hi Stig and DX,

 

DX is correct, registering to view your credit profile won't alert the DCAs, however Stig is also correct that they provide a tracing service through being able to view accounts.

[dx100uk]

ofcourse if you update your details then poss

 

but 9/10 your details are already there

 

esp if you've a mobile contract or say on voters already

 

its always better to get your credit file anyway

 

might even lead to reclaiming!

 

dx

[shylass]

Hi there, just an update.

 

I still haven't received any letters from Cabot but

 

incidentally I received a text message yesterday from an housing association about a supposed repair job,

but seeing as though I haven't lived in this housing association's property for 7 years

I thought they must have sent me this text message in error.

 

I had a missed phone call today and decided to ring the number to find out who it was.

It appears it was the same housing association that had sent me the text message.

 

It took me through a series of "press 1 to make an automated payment" etc, at which point I hung up.

 

Now the thing is, me and my young daughter at the time were made homeless by this housing association

after I could no longer afford the rent after my marriage broke up.

 

I had nowhere to go and had to put my belongings in storage so I didn't leave them a forwarding address.

 

I never thought anything more about it but all this has now started to worry me.

 

Could anybody please tell me is it possible that they could have taken me to court

even though they didn't have a forwarding address when they evicted me

and if so can they do anything about this 7 year old debt now.

 

The biggest question I would like to ask is...

 

Have I admitted that the debt is mine just by telling Cabot on the phone the other day that my name was the person they were asking to speak to?

 

I would appreciate any advice.

 

Thanks

[renegadeimp]

Stop worrying. Phone calls have no real relevance. Wait for something to come in the post.

 

In any case, if your info is correct, your HA debt would be well Statute barred by now anyway. If you think theres a CCJ against you, check all 3 credit record files, or check trustonline.

 

Acknowledgement of the debt is in writing where you state specifically that the debt is yours and you owe it. On the phone it doesnt matter much as anyone can pretend to be you.

[dx100uk]

cra file will show any judgements

 

dx

[shylass]

Thanks for that. I will now sleep tonight knowing I have been reassured. So glad for this forum

[shylass]

Stop worrying. Phone calls have In any case, if your info is correct, your HA debt would be well Statute barred by now anyway.

 

Does statute barred still apply if it was taken to court without my knowledge?

[renegadeimp]

Nope. Court proceedings override it. However, if there was a clear 6 years before court action was taken ( unlikely in your case), you could get a set aside based on them sending it to a wrong address, if they knew a different one, and then if they tried to reissue proceedings, use the SB defence.

 

 

However, for now, its all conjecture. Get your credit files and check if theres a CCJ there. No CCJ = absolutely nothing to worry about.

[dx100uk]

if its was taken to court after it was SB'd

the judgement is void

 

if there was a judgement issue within 6yrs

it would reset the SB clock

to the date of the judgement.

 

IMHO you are worrying about nowt

 

go get that cra file

then you'll know

 

dx

FWIW cabot don't do anything bar consumer credit debts.

 

so cant be an HA 'bill'

 

dx

[shylass]

Thanks folks, it maybe that they don't even know where Iive and are phoning me to find out. For this reason I don't really want my credit file in case the CRA use my address for tracing me, then I would be in deep.

[dx100uk]

have you a mobile phone or sky tv/virgin/bt BB or line or are on voters

then your details are already on the file.

 

get that cra file.

 

dx

[shylass]

Hi there,

 

I have just received a letter from Cabot to say they have bought my debt.

 

The problem is I need to know if it is enforceable.

 

Originally the debt was took out in approximately 2005.

 

I had to move house due to a divorce and was left with nothing.

 

The debt caught up with me in 2012 (7 years later).

 

Unfortunately at the time I didn't know anything about statute barred and so I acknowledged that it was my debt by having a phone conversation with them telling them that I couldn't afford to repay the debt.

 

Since then I have moved home again because I couldn't afford the bedroom tax and had to move somewhere smaller.

 

Now Cabot have bought the debt, but I'm not sure whether just talking to the original creditors on the phone in 2012 (without paying a penny to them) would mean that the debt started from the beginning again in 2012.

 

Could anyone please shed any light.

 

Thank you.

[Lula]

hi , once your alleged debt is statute barred , it remains statute barred , end of .

[Peterbard]

Hi

Just talking to the creditor is not a confirmation. The debt has to be acknowledged in writing or a payment made in order to reset the SB clock. Also if the debt has already reached the SB condition it cannot be reactivated even by a written acknowledgement.

You may want to tell them it is statute barred or just ignore the letter and see if they continue to Chase you.

[Lula]

Even though you acknowledged it after 7 years , it still doesn't start the clock again.

[shylass]

Thanks for all your replies, I can relax now after getting all worked up about it. Really appreciate it