Marly Diary

[JLC]

A CCA request should be made to cabot for all your debts. Not sure about the mortgage shortfall one thought.

[Marly]

No I haven't sent a CCA for Cabot debts, should I hold off on this until they start getting threatening?

Yes Debt 1 is a Mortgage shortfall debt, but its not on here as I thought it wouldn't come under UE

[Still Waving]

It doesn't look as if a CCA74 request has been sent in respect of this account, so I think that should be the first response rather than a SWID.

Incidentally, looking back to the beginning of this diary I note that the accounts begin with "Debt 2". Is there an account missing?

[JLC]

If you have sent your CCA request off to the original OC and not had a response, and it has been sold on, then you send the SWID, if not, send Cabot a CCA request.

[Marly]

SWID? is that sold while in Dispute? even if there was no dispute with OC

[JLC]

You should send cabot a swid. It sends them into a spin (well it did on my three accounts).

edited to say that I believe it is better to tell them sooner rather than later that there is a dispute. They may ask why you didn’t tell them sooner if it ever went to court (that is why In prefer to send the SWID sooner rather than later).

[The Tech Clerk]

managing mean they are only collectors, so owner has the CRA file registered in third name, cabot must own it then and appointed CCM to manage account (collectors) sure others will comment also, you need to concentrate on the main theme now.

[Marly]

It shows as Cabot Credit management group. But the letter says they are managing on behalf of Cabot financial (UK) Ltd so should it not be them showing on my credit file.

It confuses me that they use so many names, they give me a headache. I looked on the FCA register and Cabot Financial (UK) Limited licence has lapsed, but Cabot Credit Managements is Authorised, is that why they do it? All seems a bit suspicious hiding behind 10 different names

[The Tech Clerk]

(this is sometimes called 'assign') assign-ment or assigned, could look on your CRA file and should be listed as owners under your default date stays the samw but owners name would change to new owner?

[Marly]

There are 2 Cabot Debts, one letter had an enclosed letter stating:

"We have decided to transfer (this is sometimes called 'assign') all of our rights in connection with your account to another company, Cabot Financial (UK) Limited ("Cabot"). Cabot has appointed Cabot Credit Management Group Limited ('Cabot Group") to manage your account on their behalf.

It didn't say notice of Assignment on it, which is what confused me but reading it again it seems they have purchased it.

The other account had just a letter from Cabot but no Letter from Tesco.

[The Tech Clerk]

Quote:- Tesco dated 23rd August to say all rights in connection with account to Cabot manage the account on their behalf.??? did it actually state being managed or sold to Cabot i.e. All Rights assigned to Cabot?

[Marly]

Debt 2- I originally thought this had been sold to Cabot as it is showing on my credit file as Cabot and closed with Tesco, Now I have no idea as the letter is not a notice of assignment.

• Type of account- Credit Card
• Date commenced- January 2009
• Approx balance- £5k
• Date last paid July 2012
• Are you on arrangement or not paying- Was making sporadic reduced payments until March 2015
• Status- Default May 2013
• Account owner- Tesco Bank? or Cabot?

2016- At some point Tesco made some credits to this account for wrong interest charges or something, I cant see them now as Tesco has gone from my noddle report
25th August 2017 Cabot wrote with letter enclosed from Tesco dated 23rd August to say all rights in connection with account to Cabot manage the account on their behalf.
9th September 2017 Cabot wrote saying they really want to help
6th October 2017 Cabot called, told them wasn't convenient to talk, and they said they would call back later
9th October 2017 Cabot called I didn't answer they left voicemail
12th October 2017 Cabot wrote asking me to contact them
19th October 2017 Cabot text asking me to call them
3rd November 2017 Missed call and voice mail from Cabot
6th November 2017 Cabot wrote asking me to contact them
7th November missed call and voicemail from Cabot

9th November missed call and voicemail from Cabot

[Marly]

Debt 4- Originally Barclays

• Type of account- Credit Card
• Date commenced- February 2007
• Approx balance- £4.5k
• Date last paid July 2012
• Are you on arrangement or not paying- Was making regular reduced payments until February 2013
• Status- Default March 2013 by Link
• Account owner- Link Financial

22nd March 2013 Barclays Sold account to Link Financial having never marked default
31st March 2013 Link defaulted account prior to even contacting me.
2014-2016 Various please contact us letters -all ignored
6th November 2017 Link text asking me to contact them

Obviously something has woken Link up to start chasing this again. This was never defaulted by Barclays before they sold it, should it have been? I have not received a default notice that I can remember, however Link have added a default on my file about a week or 2 after they bought it.

[Marly]

Debt 2- I originally thought this had been sold to Cabot as it is showing on my credit file as Cabot and closed with Tesco, Now I have no idea as the letter is not a notice of assignment.

• Type of account- Credit Card
• Date commenced- January 2009
• Approx balance- £5k
• Date last paid July 2012
• Are you on arrangement or not paying- Was making sporadic reduced payments until March 2015
• Status- Default May 2013
• Account owner- Tesco Bank? or Cabot?

2016- At some point Tesco made some credits to this account for wrong interest charges or something, I cant see them now as Tesco has gone from my noddle report
25th August 2017 Cabot wrote with letter enclosed from Tesco dated 23rd August to say all rights in connection with account to Cabot manage the account on their behalf.
9th September 2017 Cabot wrote saying they really want to help
6th October 2017 Cabot called, told them wasn't convenient to talk, and they said they would call back later
9th October 2017 Cabot called I didn't answer they left voicemail
12th October 2017 Cabot wrote asking me to contact them
19th October 2017 Cabot text asking me to call them
3rd November 2017 Missed call and voice mail from Cabot
6th November 2017 Cabot wrote asking me to contact them
7th November missed call and voicemail from Cabot

Cabot seem rather insistent on calls and letters, It would appear they have purchase the debt according to my credit file, however the letter they sent said they are managing on Tesco behalf. I also have another Tesco Debt that Cabot are writing about, however there was no letter informing me whether they are managing or own the debt.

Should I just continue to ignore, until they get heavy, or should I be asking them now to prove they have rights to chase this?

thanks

[The Tech Clerk]

Ha Ha