OH's Cahoot Flexiloan

[Fred Bassett]

Re: OH's Cahoot Flexiloan

Hi Cymru, I don't know if this applies to you, but it may be of interest: http://www.moneysavingexpert.com/new...fter-rate-hike

Regards.

Fred

ps, hope I'm not out of order by posting this on here.

[cymruambyth]

Re: OH's Cahoot Flexiloan

They must be looking very hard!

[Pixie]

Re: OH's Cahoot Flexiloan

If you've been waiting since May, it would seem that they might not have the agreement.

[cymruambyth]

Re: OH's Cahoot Flexiloan

Clarity are now waiting for their client to supply the information required.....

[cymruambyth]

Re: OH's Cahoot Flexiloan

CCA request sent in May,no reply yet. Regular answer phone messages from Ruth at Clarity.
Phone letter sent, so they would like contact re payment. New letter reminding them of legal requirements etc, a variation of Niddy's excellent templates.

[cymruambyth]

Re: OH's Cahoot Flexiloan

Hi Niddy thanks for having a look. The introduction paperwork says 'thank you for choosing to bank online with Cahoot' if I remember correctly you received a loan account of £xxxx, cheques and an additional cc. I have the introductory letters as well as the agreements that I have uploaded. I always assumed (in my ignorance that as I had all the paperwork that they were enforceable!
Two copies were supplied, 1 to keep and1 to return with relevant proof of I'd etc.

What else do you need to know?

[Never-In-Doubt]

Re: OH's Cahoot Flexiloan

These types of loans were weird if I recall - wasn't it kind of like an overdraft cum loan or something?

Can you please try and explain how they worked? Not seen one for a while but usually they're unenforceable so just want to remind myself (sorry lots going on and head not 100% with it)....

Thanks

[cymruambyth]

Many years ago, when hair was less grey, there were fewer wrinkles and a lot less pounds, all and sundry were throwing money at us. One such company was Cahoot who gave a Flexiloan and credit card following an online application in 2002, copies of which will be reaching Niddy in the very near future......

Financial meltdown began in 2003 and I have been battling loads of companies ever since. The account has been defaulted and visited a few DCAs (I may have offered payments in January 2011) but no payments have been made since 2008/9.

Santander has just written to OH to state that the account is being referred to Clarity Credit Management Solutions and 'our agent will be responsible for managing your account on our behalf, and where appropriate, will take steps to come to an amicable arrangement with you on the repayment of the outstanding balance.'

I am probably going to send a CCA request just to stall for time...

I will update as and when and plan my campaign following Niddy's comments on enforceability.