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  • #1

    Citibank

    I am receiving weekly demands from Cabot and they have very recently checked my credit file four times, twice in one day!
    It is in regard to an old account that originated with a People's Credit Card, that was taken over by Citibank, I believe that this account was sold to a DCA during 2002, but I have not received written proof.

    2002 DCA purchased account balance of £2885
    2005-2007 Token payments made
    2007 CCA requested
    2007 Account collection on hold
    2011 Letter received demanding payment
    2011 Reconstituted agreement received
    2011 interest has accrued from 2007-2011, balance now just over £7000

    The letter accompanying the generic agreement and t&c's states; "that the reconstituted agreement complies with section 77/78 of the CCA and is a true copy, enforcement means that we are able to obtain a CCJ against you."

    I sent a copy of P1's CPUTR 2008 request and their response states; "I can confirm that we have been unable to obtain a copy of your original signed agreement, however, the reconstituted agreement fulfills our obligations and we intend to initiate legal proceedings."

    It is likely that they intend to litigate quite soon and naturally I would prefer to avoid the stress, what could or should I do next?
    I refuse to offer any payment, given the amount of interest added to the account.
    Last edited by Never-In-Doubt; 12 May 2012, 22:29. Reason: removal of cag shitty-links
    Tags: act, action, bank, cabot, cca, ccj, citibank, con, consumer, consumer credit act, cputr 2008, credit, credit agreement, date, dca, debt, default, enforcement, fine, firm, help, icu, interest, legal, letter, loan, money, niddy, pay, penalty, rate, sar, signature, statute, statute barred, stress, template, templates, thank you, threat, threats, unenforceability, update
  • #2
    Re: Citibank

    Originally posted by dibsthefrenchie View Post
    It is likely that they intend to litigate quite soon and naturally I would prefer to avoid the stress, what could or should I do next?
    I refuse to offer any payment, given the amount of interest added to the account.
    & welcome.

    I'd send this to them--> Our Templates | Unenforceability Templates | Threat by Creditor - Threat-o-Gram Letter Before Action

    Comment

    • #3
      Re: Citibank

      Can you confirm, when exactly did you last pay? If it was indeed 5 years ago then they'll make wild threats based on the fact it's less than a year until SB....

      Don't stress, you're in the right place for associated help
      I'm the forum administrator and I look after the theme & features, our volunteers & users and also look after any complaints or Data Protection queries that pass through the forum or main website. I am extremely busy so if you do contact me or need a reply to a forum post then use the email or PM features offered because I do miss things and get tied up for days at a time!

      If you spot any spammers, AE's, abusive or libellous posts or anything else that just doesn't feel right then please report them to me as soon as you spot them at: webmaster@all-about-debt.co.uk

      Comment

      • #4
        Re: Citibank

        Thank you for the replies.
        It has 13 months to run before being statute barred, so they have plenty of time to litigate and on browsing, that seems to be their current theme!

        Comment

        • #5
          Re: Citibank

          Originally posted by dibsthefrenchie View Post
          Thank you for the replies.
          It has 13 months to run before being statute barred, so they have plenty of time to litigate and on browsing, that seems to be their current theme!
          Nah you'll be fine. Get the legal template sent off - that puts you in control.

          Can I see their attemp at cca or have you had nowt?
          I'm the forum administrator and I look after the theme & features, our volunteers & users and also look after any complaints or Data Protection queries that pass through the forum or main website. I am extremely busy so if you do contact me or need a reply to a forum post then use the email or PM features offered because I do miss things and get tied up for days at a time!

          If you spot any spammers, AE's, abusive or libellous posts or anything else that just doesn't feel right then please report them to me as soon as you spot them at: webmaster@all-about-debt.co.uk

          Comment

          • #6
            Re: Citibank

            Thank you for the replies
            I have taken a fresh look at the reconstituted agreement, it is simply a typed page headed with: Credit Agreement Regulated by the Consumer Credit Act 1974, the parties to this agreement are:Peoples Bank of Connecticut and below is my name and address, there is no signature and no date, then several pages of t&c's, it is simply a generic copy that could be attributed to anyone.
            The huge amounts of interest that are being applied are listed as penalty interest, but do not show at what rate it is being applied.
            I'm tempted to SAR Citibank, but have no idea what address to send it to, or if it is actually worth spending the money on.

            Comment

            • #7
              Re: Citibank

              Originally posted by dibsthefrenchie View Post
              their response states; "I can confirm that we have been unable to obtain a copy of your original signed agreement,
              They've cooked their own goose with that statement....

              It might all be huff and puff; if they believe you to be an ignorant consumer, then they could issue papers to try for a CCJ by default but their sol. will/should contact you before that happens.

              If you follow the protocols on here, then chances are they'll back off.
              Remember the mantra:
              NEVER communicate by 'phone.
              Send EVERYTHING by Recorded/Special Delivery
              Keep a copy of EVERYTHING sent
              Keep hold of EVERYTHING received
              PriorityOne & CPUTR 2008 (ex P1 CAG CPUTR 2008)

              I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

              If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

              Comment

              • #8
                Re: Citibank

                Originally posted by dibsthefrenchie View Post
                Thank you for the replies
                I have taken a fresh look at the reconstituted agreement, it is simply a typed page headed with: Credit Agreement Regulated by the Consumer Credit Act 1974, the parties to this agreement are:Peoples Bank of Connecticut and below is my name and address, there is no signature and no date, then several pages of t&c's, it is simply a generic copy that could be attributed to anyone.
                The huge amounts of interest that are being applied are listed as penalty interest, but do not show at what rate it is being applied.
                I'm tempted to SAR Citibank, but have no idea what address to send it to, or if it is actually worth spending the money on.
                Pointless SARing them, stop stressing we'll not let anything bad happen to you....

                Just send the legal threat off as directed above and chill. From what you've stated above this will be UE anyway.
                I'm the forum administrator and I look after the theme & features, our volunteers & users and also look after any complaints or Data Protection queries that pass through the forum or main website. I am extremely busy so if you do contact me or need a reply to a forum post then use the email or PM features offered because I do miss things and get tied up for days at a time!

                If you spot any spammers, AE's, abusive or libellous posts or anything else that just doesn't feel right then please report them to me as soon as you spot them at: webmaster@all-about-debt.co.uk

                Comment

                • #9
                  Re: Citibank

                  Thank you P1 and Niddy.
                  I have sent the legal threat suggested by Swanfan, by recorded delivery today.
                  Just wish I could remember who very kindly pm'd me the link to this site, I owe them a huge thank you!

                  Comment

                  • #10
                    Re: Citibank

                    No reply yet, but lots of phone calls and a text message, hopefully they will get bored of no reply!
                    Last edited by daisy; 20 May 2012, 21:30. Reason: typo

                    Comment

                    • #11
                      Re: Citibank

                      I like the idea of giving them another number, but I didn't give them mine in the first place!
                      They have never received a reply and that won't change, so I'm sure they will soon get the unspoken message

                      Comment

                      • #12
                        Re: Citibank

                        Niddy has confirmed that this is UE, yippee another one Cabot will not collect on!

                        Comment

                        • #13
                          Re: Citibank

                          Originally posted by dibsthefrenchie View Post
                          Niddy has confirmed that this is UE, yippee another one Cabot will not collect on!
                          Brilliant news
                          "If wishes were horses, beggars would ride"

                          Comment

                          • #14
                            Re: Citibank

                            Niddy has given me even more good news today about a couple of AK accounts, will update tomorrow!

                            Comment

                            • #15
                              Re: Citibank

                              Well done Dibs, you're doing great!

                              Elsa x

                              Comment

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