Robinson Way Reply to CCA re 1st Direct Bank OD - Help Please

[dx100uk]

I would suggest that this is probably the old 1st direct [HSBC] Managed loan debacle.

 

what hsbc used to do was merge old debts to a refinanced loan call a 'managed loan'.

thus the OD bal show £0 TRANSFER £6504.91

that the customer typically knew nothing about

 

then when they failed to pay the loan transfer it back into the OD or as an OD on another account

seems like the last part couldn't happen as they closed the OD account

 

but

robbersway seem to have statements to prove they did.??

if you look at them, you'll probably see what ive described going on?

 

SAR to 1st direct time me thinks.

 

so when was the last payment by YOU on the statements?

[dx100uk]

:lol:

 

oh robbersway...shoot yourself in the foot or what....

 

dx

[dx100uk]

can I ask why did you send the CCA?

were they chasing?

 

 

dx

[dx100uk]

were they threatening court in their threat-o-grams?

 

 

dx

[dx100uk]

yea that's what I was wondering

and you fell for them.

 

 

they obviously know the debt was statute barred and thus should not threaten court

under England & wales SB rules

the debt actually still exists

they can ask you for payment

you can equally ask them to go away.

 

 

but better to ignore.

you fell for it

entered into letter tennis

they think they've found a mug.

but no the letters wont stop. now.

 

 

you could send the SB letter with regard to FCA conc rules:

whereby once a fleecer is told a debt is SB'd they should cease all comms.

 

 

dx