Advice please RE: Lowell and capital one

[tr79]

Hello all

 

I have never posted on this site but often read threads and gained valuable information. I am seeking some advice regarding a letter i received today from Lowell regarding a very old capital one account, I am not exactly sure how old but got to be 5 or 6 years. Basically letter is offering me 75% discount if I pay within 15 days. This account is not showing on any of my credit files (I monitor regularly). I do not want to pay if they are then going to report it to credit file as i have worked hard to sort out old debts. I had a similar offer a few years ago on another account with Lowell and settled but it was pointless as it was a default for £72 and even though i paid it does not which come off until l 2016, I do not want to make the same mistake. Any advice appreciated.

[mikeymack2002]

Can you please post up more details like when you last made a payment/written acknowledgement.

 

 

If such a large discount there is something wrong with it you will need to find out what

 

 

Start the ball rolling by requesting a copy of your agreement a template letter is here

http://www.consumeractiongroup.co.uk/forum/showthread.php?387435-CCA-Request-Consumer-Credit-Act-1974 send to Lowell with a blank £1-00 Po with your reference number on the rear, get proof of postage and keep safe, I tend to take a photo of the letter/po/and send both to Lowell. Retain all proofs and keep safe.

 

 

They the have just 12+2 days in which to comply.

 

 

Then stay off of the phone if they ring simply state in writing only and do not go through their security

 

 

Then come back to update your thread

 

 

Thx

[tr79]

This is the first I have heard of it for years. I remember having a card at an old address but this was well over four years ago. Lowell state they have wrote to me numerous times and they may have but I cannot remember and it definitely is not showing on my credit file, i checked all. Amount was for £437 and they offering £109. It is also in an old name, i used my foster parents surname when i was a child and stopped using that surname a long time ago, it was never change legally. I was married in 2008 and stopped using it around 2006 I think. Last payment would have been over 5 years ago.

[mikeymack2002]

If the name on the agreement is different to that on their current letters then they have used a trace to locate you. it matters not what your name is now the debt was in a different name and this should be used in all correspondence. A hitch but nothing to fret about.

 

 

Just send off the CCA then just wait till they respond, make sure you include this "This £1-00 payment is for the STATUTORY fee for the CCA request and for nothing else."

 

 

Then just wait

 

 

Side note here I have very successfully argued on a name defect on an agreement the debt was wiped on several occasions.

[tr79]

do i sign letter with old name or new one lol? thanks for your help

[mikeymack2002]

Neither you DO NOT SIGN A CCA REQUEST but you sign a SAR but that will come later ok,

 

 

This is what CAG does is help people ok