CCA check

[Roger]

Apologies it wouldn't let me attach the images but the letter from Tesco Bank and from intrum both clearly state intrum UK finance limited. The company number at the bottom of intrums initial correspondence is 04140507.

Intrum UK Finance Limited - this company is not FCA registered

So Intrum UK Limited is FCA registered Intrum UK Limited (fca.org.uk)
BUT Intrum UK Finance Limited isn't FCA registered

see here
Intrum UK Finance - AAD Consumer Forum (all-about-debt.co.uk)

So Make a note in your records and Diary of whom the legal owner is
Details like this are important!!

[dmdm85]

Tesco Bank Personal loan brought by Intrum UK finance limited in Jan 2022
Opened online June 2017 original amount £24,500
Last full payment date September 2018
Regular £43 monthly payments from Feb 2021
Remaining balance £21,000 (sorry balance was wrong in the original diary).
No CCA request sent on this

Updated to confirm debt purchased by Intrum UK finance limited.

[dmdm85]

Tesco Bank Credit card purchased by Intrum UK finance limited Jan 2022
opened online 2004
Last full payment date September 2018
No payments made for the last 11 months
Remaining balance £10,000
CCA request previously sent to tesco bank thought to be unenforceable

Updated to confirm debt purchased by Intrum UK finance limited.

[dmdm85]

Barclaycard credit card account now with PRA
Opened online 2011
Last full payment made September 2018
No payments made for 11 months
No contact from PRA other than the odd email asking me to pay something.
CCA request previously sent and advised unenforceable
Remaining Balance £13,000
March 2022 letter from PRA to state Moorcroft will be chasing the debt.

Update for letter received from PRA to say Moorcroft are recovering the debt.

[The Tech Clerk]

Moorcroft hoping to make money getting you to pay (On commissions)

[dmdm85]

Should I send the SAR to Tesco now or should I wait in case there is more interaction between them and intrum to capture? Not sure how this works really.

[Mrreese6018]

So Intrum UK Limited is FCA registered Intrum UK Limited (fca.org.uk)
BUT Intrum UK Finance Limited isn't FCA registered

see here
Intrum UK Finance - AAD Consumer Forum (all-about-debt.co.uk)

So Make a note in your records and Diary of whom the legal owner is
Details like this are important!!

I had a shop direct debt with Intrum UK Finance and I had one doorstep visit (I wasn't in), I had letters every so often offering me ridiculous amounts off, it went Statute barred last year and I haven't heard a peep out of them since.

The only thing I did when I found that they were unregistered (thank you AAD) was to get a copy of my credit report, it was probably a pointless exercise but I just assumed that if they did try anything in regards to changing companies then I would have proof of this.

[dmdm85]

I had a shop direct debt with Intrum UK Finance and I had one doorstep visit (I wasn't in), I had letters every so often offering me ridiculous amounts off, it went Statute barred last year and I haven't heard a peep out of them since.

The only thing I did when I found that they were unregistered (thank you AAD) was to get a copy of my credit report, it was probably a pointless exercise but I just assumed that if they did try anything in regards to changing companies then I would have proof of this.

I really don't want doorstep visitors and I have to admit the thought of receiving a letter before claim absolutely terrifies me. I still don't quite understand how my debt being with intrum UK finance and them not being FCA registered benefits me. I just assumed if they take legal action they have the same chance as any other creditor against me.

[Roger]

I really don't want doorstep visitors and I have to admit the thought of receiving a letter before claim absolutely terrifies me. I still don't quite understand how my debt being with intrum UK finance and them not being FCA registered benefits me. I just assumed if they take legal action they have the same chance as any other creditor against me.

Intrum can always issue a Claim even if you have been paying monthly!

AAD members all started where you are NOW.
If you search and read the Diaries you will see we have all experienced these same fears and terrors.

I did give you a link to the Intrum specific information and which explains this FCA issue.
Intrum UK Finance - AAD Consumer Forum (all-about-debt.co.uk)

The cost of Fuel has gone Up and a high Inflation figure is projected for this year.
Fuel, Food, Health, Rent, Rates, Insurance, Cars etc.. Are priority DEBTS .
Priority Debts are place before Unsecured Consumer Credit.
As the Cost of Living is and has risen and I doubt where your income has it means less if any surplus monies will be available to pay these DEBTS.
Living Costs Inflated and without an increase in INCOME.

So ask yourself this question ! If you have NO surplus money how can you continue to Pay.
Better to calm down look at each Debt individually and making Notes of Sic Legal owner (and whether FCA authorised).
Documents under Consumer Credit Act are these in order or NOT.

Save monies towards a fighting fund!

Confidence increases with knowledge! Thats what so many of US with AAD have discovered!

[dmdm85]

Intrum can always issue a Claim even if you have been paying monthly!

AAD members all started where you are NOW.
If you search and read the Diaries you will see we have all experienced these same fears and terrors.

I did give you a link to the Intrum specific information and which explains this FCA issue.
Intrum UK Finance - AAD Consumer Forum (all-about-debt.co.uk)

The cost of Fuel has gone Up and a high Inflation figure is projected for this year.
Fuel, Food, Health, Rent, Rates, Insurance, Cars etc.. Are priority DEBTS .
Priority Debts are place before Unsecured Consumer Credit.
As the Cost of Living is and has risen and I doubt where your income has it means less if any surplus monies will be available to pay these DEBTS.
Living Costs Inflated and without an increase in INCOME.

So ask yourself this question ! If you have NO surplus money how can you continue to Pay.
Better to calm down look at each Debt individually and making Notes of Sic Legal owner (and whether FCA authorised).
Documents under Consumer Credit Act are these in order or NOT.

Save monies towards a fighting fund!

Confidence increases with knowledge! Thats what so many of US with AAD have discovered!

Thanks Roger, I did read the link but didn't really understand how them not being FCA registered changes anything to my advantage. I will just wait and see how it plays out. With relation to my question a few posts above about the SAR, is this weekend a good time to send it?

[Roger]

Thanks Roger, I did read the link but didn't really understand how them not being FCA registered changes anything to my advantage. I will just wait and see how it plays out. With relation to my question a few posts above about the SAR, is this weekend a good time to send it?

https://all-about-debt.co.uk/forum/d...ed#post1526450

Intrum UK Finance Limited is not authorised by the Financial Conduct Authority to exercise the rights of a lender. They rely on the para 55 FSMA 2000 servicing exemption.

We look forward to using the same legal arguments in the future against Intrum UK Finance Limited which we used against Idem Capital Securities Limited in the recent successful FCA authorisation Appeal where the Circuit Judge found that the para 55 FSMA 2000 servicing exemption did not allow the unauthorised debt purchaser to issue proceedings in the county court.

Intrum also have issues with their assignment process and documentation.

If you are currently defending a claim with Intrum, whether stayed or ongoing, or they have obtained a Default Judgment against you and you have any query please post any queries on this thread..

Send the SAR now.
It makes sense to see what Tesco have or don't have in their records on you and will be for both the Credit Card and this Loan. It should include as well as correspondence between Tesco and Intrum.

[Timewilltell]

To be clear, any Debt purchaser has to abide by the law, whether it be in relation to documentation or procedures. Many purchasers do not have much if any documentation from the Original Creditor, so this is their first obstacle, if they fail to be registered then this adds to their problems such as are they legally able to purchase, pursue a debt etc. so whilst you may be new to this and it is terrifying initially, the more you read and understand then the fear is lost and replaced with a confidence to continue. I will not say that it will be easy and not drawn out and the endless pursuit of your attention by letter, calls etc is tedious, but and it is a big but, you will become empowered and will be able to take control of your life rather than the debt controlling you.
stay with it, learn as much as you can and you will soon be giving the same advice as I!!
As Roger indicated, most if not all members here have been where you are, we are still here, some have made SB some are nearly there and others have forgotten more than they know now it’s been that long!!

[dmdm85]

To be clear, any Debt purchaser has to abide by the law, whether it be in relation to documentation or procedures. Many purchasers do not have much if any documentation from the Original Creditor, so this is their first obstacle, if they fail to be registered then this adds to their problems such as are they legally able to purchase, pursue a debt etc. so whilst you may be new to this and it is terrifying initially, the more you read and understand then the fear is lost and replaced with a confidence to continue. I will not say that it will be easy and not drawn out and the endless pursuit of your attention by letter, calls etc is tedious, but and it is a big but, you will become empowered and will be able to take control of your life rather than the debt controlling you.
stay with it, learn as much as you can and you will soon be giving the same advice as I!!
As Roger indicated, most if not all members here have been where you are, we are still here, some have made SB some are nearly there and others have forgotten more than they know now it’s been that long!!

Thank you I really appreciate the valuable support and advice from everyone on here. I would never have even got this far without it.

[nightwatch]

To be clear, any Debt purchaser has to abide by the law, whether it be in relation to documentation or procedures. Many purchasers do not have much if any documentation from the Original Creditor, so this is their first obstacle, if they fail to be registered then this adds to their problems such as are they legally able to purchase, pursue a debt etc. so whilst you may be new to this and it is terrifying initially, the more you read and understand then the fear is lost and replaced with a confidence to continue. I will not say that it will be easy and not drawn out and the endless pursuit of your attention by letter, calls etc is tedious, but and it is a big but, you will become empowered and will be able to take control of your life rather than the debt controlling you.
stay with it, learn as much as you can and you will soon be giving the same advice as I!!
As Roger indicated, most if not all members here have been where you are, we are still here, some have made SB some are nearly there and others have forgotten more than they know now it’s been that long!!

Oy, wotzizname, are you saying I'm getting old and forgetfull, just because you get to the stage when you can't remember what you need to go upstairs for, then remember you now live in a bungalow, so go to the kitchen and make a cupper then leave it on the side while you let the dog in, who is sopping wet coz you let him out half an hour ago, so go and find a towel to dry him off, Which was what you were going to do in the first place.
You youngsters nowadays

[Roger]

Thank you I really appreciate the valuable support and advice from everyone on here. I would never have even got this far without it.

As you can see our AAD MODS and fellow members are understanding and very friendly and helpful!
What a difference AAD has made to my Life!!