Been Blindly paying Various DCA's £10PCM for 15yrs on old RBS Lombard loan - help

[Willowsdad]

Hello all, hope somebody can advise.

 

On one of your site team footnotes it says to "...stop blindly paying a DCA-"

 

well I have for nearly 15 years now after I defaulted on a Lombard Loan. About 10 years ago I sent RBS a SAR but they had no records of my loan although I did get a copy of the CCA agreement from Westcot. 

 

My original agreement through Citizens advice has meant i remain on paying back at £10 pcm with no interest added. I have not missed a payment in those 15 years but will probably be 6 feet under before it is repaid.

 

In the last 15 years the debt has been sold and resold from Westcot to Arden, Robinson Way, 2 different Idem companies,  Robinson Way (again!) and a few months ago to Hoist who offered to write off half of my £4000 balance and will accept £2k over 3 payments which I dont have although I was curious why they would do this- none of the others have?.

 

So the question I have is

- do  I continue to pay £10/m and the debt dies with me? (i retire in 5 years) or negotiate with hoist to get a further discount? Or....do I stop "blindly paying " and if I do what are the consequences?

 

thanks in advance

[dx100uk]

so why didn't/havent you ever sent a CCA request instead of an sar which is useless.?

 

they wont have one 

 

n

[Willowsdad]

Thanks dx100uk - it was your footnote I saw when I was searching for advice earlier- so glad you have replied

 

Off memory (15 years ago) I asked for one and they said it was with the DCA which Im sure was Westcot and they sent me a copy - I do have it somewhere.

I think the SAR was a much later thing to do with me being cheeky and asking for PPI back which I had taken out.

[dx100uk]

well what wetcloths sent years ago, might not exist today. so send hoist a cca request, must be something wrong else why offer a discount....

 

sadly it looks like a classic cash cow account... sorry

they pass it around all their mates... here you have a bit ..this mug is blindly paying anyone that rocks up after a simple letter.

 

di you get the ppi back of lombard (rbs)?

 

 

[Willowsdad]

Update... I have received a response from Hoist confirming my request for a copy of CCA. They have returned my £1 postal order saying it is no longer required for this.

 

If and when I get the CCA I will advise further

[dx100uk]

oh well they've already exceeded the 12+2 working day deadline.

must be diving deep into their filing cabinet of fake agreements to copy your details onto...

[dx100uk]

and ofcourse now please stop paying!!

 

dx

 

[Willowsdad]

Well dx100uk I did as you said and they received no payment from me in December or January. No CCA was ever received by me (£1 po returned) although today I have had a letter from Hoist asking me to speak with their "reconnection team" to "...determine if a home visit would help" . ???

 

Do I ignore it  or tell them I didn't receive the CCA so its case closed? ( i dont want anyone arriving and bothering my teenage kids if I'm out)

 

please advise next move. many thanks for your help so far

[dx100uk]

Well polish your doorstep and give it to them.

 

Please remember no dca has any legal powers and are not BAILIFFS

dont fall for the idle threats they designed to make you respond..dont.

 

no pointless letter tennis