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Northern Rock loan sold to cabot - Enforcable


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Hi all,

 

Can someone please tell me if this loan agreement is enforceable? It was signed in 2004.

There is about £5500 left. I realised they charged the interest upfront.

 

Its now with Cabot/Marlin I have been paying for the last 6 years on a DMP as well.

 

 

But is getting rid of the DMP as I cant afford it any more.

 

I cant seem to post links or images yet but I will try. might just need a copy and paste.

1drv.ms/21Dingp

 

Thanks a lot!

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HI and welcome to CAG

 

click upload

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

 

 

Any help I am able to give is from my own experience only. Should you have any doubt you should contact a qualified professional.

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very few are not by them.

puzzles me why they sold it mind.

 

 

have you all the statements?

 

 

dx

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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have they levied any penalty charges?

 

 

theres no T&C's there

but as said

there are very few NR agreements that are not enforceable.

 

 

so I don't think that's an avenue you should look down

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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Share on other sites

I cant see any penalty charges. All my other creditors froze interest when I went on the DMP, however this one was loaded up front.

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  • 4 weeks later...

I got the Northern Rock agreemnet already.

Creditor Cabot Marlin Financial Services

Original Northern Rock Loan

Date account opened 01 June 2004

Default Date

Latest Balance £5,800.00

Accepted Offer £4,000.00

Still on credit File No

 

It look like it might be enforceable.

 

 

what do you suggest is the best action on that one?

NorthernRockAgreement.pdf

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wheres the rest of it?

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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Share on other sites

its what they send you

not what you hold

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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Share on other sites

yep, and you keep yours under your hat...

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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Share on other sites

it is not a complete CCA return

let it run

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... 

Link to post
Share on other sites

cca request is a seperate matter, purely a request under s77/78

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

 

 

Any help I am able to give is from my own experience only. Should you have any doubt you should contact a qualified professional.

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