Payday loan CCA

[scottygees]

I will also have a think but at the moment I have oy intermittent access on my mobile so reading it through is difficult. I am home in a few days

Many Thanks

[scottygees]

So the LBC was issued on the 8th June that would make the 30th day is Saturday the 7th so I want to have sent this back to them on or around the 3rd, so any assistance before this date would be greatly appreciated.

Thanks

[scottygees]

Thanks Di

so sequence of events on this is as follows:

1st court claim discontinued in January due to non compliance on their part, before going to court

new letter before claim received last week from Asset Collection.This LBC stated the wrong amount owed as it still had fees from the discontinued claim added to it.(extra £60)

i phoned Asset Collection to query this and they said they would remove the fees and send a further LBC with the correct amount

Next correspondence received was email from TM Legal stating CCJ had been registered, cue a phone call to TMLegal to see what they were playing at. This is when they admitted an error on their part and that they would now be returning everything back to Asset Collection.

so now I don’t know whether the LBC they sent last week for the wrong amount is still valid and should be returned by the deadline given or whether I will now be receiving another one showing the correct amount owed.

so any advice would be appreciated.

Hope this makes sense.

on the question of the other debt (Avant)with Asset Collection, we are just receiving the standard non threatening letters at the moment but I have been told by my future son in law that my wife’s details are unverified on this particular account and because of this they won’t commence legal action.

As far as letting Asset know of my ongoing complaint with Lending Stream. I am sure I have been advised on this site that it won’t stop Collection activity,so up to press I haven’t mentioned it.

Finally the wording from the email TM Legal sent regarding assignment states
“This is a formal notice that the Account been assigned from Asset Collection to TM LEGAL services”

so I have just been reliably informed (by future son in law) that the account is still sat with TMLegal services , so really don’t know what to do about the LBC?

[scottygees]

Let me give that some thought.

Box D is for disputing things.

They've not complied with your CCA Request yet have they?

Warwick65 knows a thing or two about PDLs so he may have something to add to this conversation

I’ll get back to you on the LBC issue.

Di

Sorry to bump this back to the top but said LBC needs to be returned by Wednesday at latest so it is received at Asset Collection by Friday. (Day 30 is the Saturday)

thanks again.

[Warwick65]

Hi
I only got home late last night after a 10 hour marathon from Kiev to Birmingham and the disaster of dropping a bottle of Vodka on the floor at Heathrow - luckily it cost 5 euros

I am just about to read back and see where we are

[Warwick65]

Hi
I have never had a loan with Lending stream - a shock to some I know but it is true

Maybe you have been asked and answered these questions
Was the loan from lending stream a 1 month loan or was it revolving credit ? By that I mean, could you pay it off and then borrow again without having to reapply- a bit like a credit card

If it was the latter they must issue a DN in order to enforce and that would have to be by post- not email

I think , if it were me I would be asking for copies of the default notice and assignment but Di may very well disagree and i would bow to her knowledge

It seems these people have a bit of a record for playing fast and loose with the truth - such as writing saying you have a CCJ.

[scottygees]

[QUOTE=Warwick65;n1512013]Hi
I have never had a loan with Lending stream - a shock to some I know but it is true

Maybe you have been asked and answered these questions
Was the loan from lending stream a 1 month loan or was it revolving credit ? By that I mean, could you pay it off and then borrow again without having to reapply- a bit like a credit card

If it was the latter they must issue a DN in order to enforce and that would have to be by post- not email

I think , if it were me I would be asking for copies of the default notice and assignment but Di may very well disagree and i would bow to her knowledge

It seems these people have a bit of a record for playing fast and loose with the truth - such as writing saying you have a CCJ.[/QUOTE

[scottygees]

[QUOTE=scottygees;n1512014]

Hi
I have never had a loan with Lending stream - a shock to some I know but it is true

Maybe you have been asked and answered these questions
Was the loan from lending stream a 1 month loan or was it revolving credit ? By that I mean, could you pay it off and then borrow again without having to reapply- a bit like a credit card

If it was the latter they must issue a DN in order to enforce and that would have to be by post- not email

I think , if it were me I would be asking for copies of the default notice and assignment but Di may very well disagree and i would bow to her knowledge

It seems these people have a bit of a record for playing fast and loose with the truth - such as writing saying you have a CCJ.[/QUOTE

[scottygees]

[QUOTE=scottygees;n1512015]

Thanks how do I alert Di with the icon/signature she uses on here

[scottygees]

[QUOTE=scottygees;n1512014]

Hi
I have never had a loan with Lending stream - a shock to some I know but it is true

Maybe you have been asked and answered these questions
Was the loan from lending stream a 1 month loan or was it revolving credit ? By that I mean, could you pay it off and then borrow again without having to reapply- a bit like a credit card

If it was the latter they must issue a DN in order to enforce and that would have to be by post- not email

I think , if it were me I would be asking for copies of the default notice and assignment but Di may very well disagree and i would bow to her knowledge

It seems these people have a bit of a record for playing fast and loose with the truth - such as writing saying you have a CCJ.[/QUOTE

the loans weren’t revolving unfortunately. I do have a formal complaint with Lending Stream and also have the FCA involved as they haven’t responded within the 8 week timeframe. I contacted the FCA last week to inform them I still hadn’t received a reply from LS and am awaiting their response.My gut is telling me in the first instance to respond to Asset Collection stating the amount on the LBC is incorrect, that they haven’t followed correct procedures and outlining the fact there is an outstanding complaint with the FCA and LS and ask them to send copies of all documentation from themselves and LS and see what happens next!

[Warwick65]

[QUOTE=scottygees;n1512018]

the loans weren’t revolving unfortunately. I do have a formal complaint with Lending Stream and also have the FCA involved as they haven’t responded within the 8 week timeframe. I contacted the FCA last week to inform them I still hadn’t received a reply from LS and am awaiting their response.My gut is telling me in the first instance to respond to Asset Collection stating the amount on the LBC is incorrect, that they haven’t followed correct procedures and outlining the fact there is an outstanding complaint with the FCA and LS and ask them to send copies of all documentation from themselves and LS and see what happens next!

To me that seems
a) a little confrontational
b) Gives them the opportunity to put it right

Maybe just tick box D and say outstaing complaint with FOS and no harm in asking for the DN

Diana Mayhew

[scottygees]

[QUOTE=Warwick65;n1512019]

To me that seems
a) a little confrontational
b) Gives them the opportunity to put it right

Maybe just tick box D and say outstaing complaint with FOS and no harm in asking for the DN

Diana Mayhew

So if I tick box D and give explanation,including reference numbers so they know I am not bluffing,and then complete Box I and request default notice and also a copy of all the other documents listed in this section, would that be sufficient at this stage?

Thanks

[Joanna Connolly Solicitors]

the LBC was issued on the 8th June that would make the 30th day is Saturday the 7th so I want to have sent this back to them on or around the 3rd, so any assistance before this date would be greatly appreciated.

According to you the deadline to respond to your Letter Before Claim is 7th July.

If that is the case then you have time to seek guidance on how to deal with this issue.

Di

[scottygees]

According to you the deadline to respond to your Letter Before Claim is 7th July.

If that is the case then you have time to seek guidance on how to deal with this issue.

Di

Thanks Di

I just need to make sure it is back in time, having had previous experience of how they deal with things.

So how would you advise I deal with this situation Apart from this site I wouldn’t know where to go for guidance.

[Joanna Connolly Solicitors]

Thanks Di

I just need to make sure it is back in time, having had previous experience of how they deal with things.

So how would you advise I deal with this situation

We've now talked this through which flagged up a possible issue (for them)

Di