Thanks, SW & Roger.
I was just about to post a question that I suspect has been answered already. Presumably a 'holding' identity - in this case PRA - has to follow the full assignment process when moving purchased debts between internal companies and can't just give ownership away by a simple declaration? If so then every time they do it they make it harder for themselves to pursue any perceived claim.
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You have issues of course with both of these two the Barclaycard and theMBNA failed court action and UE.
I believe these were Assigned to PRA Group(UK) Limited
transferred isn't the same as Assign.
Seems as if they are rearranging the lifeboats on the Titanic!
SILENCE and PATIENCE and thankyou for updating the Diaries! Much appreciated!
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Originally posted by Night Monkey View PostTwo emails from PRA regarding the Barclaycard and MBNA accounts telling me that "PRA Group (UK) Limited recently transferred your account to PRA Group UK Portfolios Ltd."
Does anyone know if this is PRA just parking them, or them gearing up for further action? I suspect the former since one was the subject of failed court action and the other they have admitted to being UE.
Either way, I will not be following the link to FAQs.
Pra Group UK Portfolios Ltd is an active company incorporated on 25 October 2023 with the registered office located in London, Greater London. Pra Group UK Portfolios Ltd has been running for 2 months. There are currently 3 active directors according to the latest confirmation statement submitted on 25th October 2023.Last edited by Still Waving; 2 January 2024, 21:43.
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Two emails from PRA regarding the Barclaycard and MBNA accounts telling me that "PRA Group (UK) Limited recently transferred your account to PRA Group UK Portfolios Ltd."
Does anyone know if this is PRA just parking them, or them gearing up for further action? I suspect the former since one was the subject of failed court action and the other they have admitted to being UE.
Either way, I will not be following the link to FAQs.
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Originally posted by Night Monkey View Post
And the ClearScore changes are in. The existing HSBC current account defaults remain, one ~£4k and one ~£100 that I didn't bother to add to the diary. Lowell have added two credit cards, one ~£5.5k and one ~£3.5k. With a bit of cross-referencing with my 'time since defaults' spreadsheet I can see that the missing credit card has been added, and the overdraft has been duplicated as a credit card with a different default amount. There doesn't seem to be any reference to dates of default, and fwiw the credit 'score' remains the same, and apparently quite high when compared to the average.
It seems to me that all that's been achieved is a muddying of the waters as far as any debt chasing is concerned.
We know that CRA's objections etc.. Have been used in Court to prove acknowledgment of a Debt!
But these public entries work both ways especially if a Debt is clearly being misreported.
I watched my debts and took the worst case calculation of the Statute Bar Date!
Made up my mind that I would stay SILENT make notes and watch the CRA's read Diaries make personal notes.
Stay current!
Tactics have change over time and what I did at one time I would never do now!
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I had an email notification today from ClearScore that a 'credit agreement' was about to be added to my report - checking the account shows that two Lowell accounts are due to be added, both listed as a 'credit or store card'.
The HSBC accounts were last updated in April 2017, with no mention of the credit card atm. I'll update in a couple of days when the changes have happened.
It seems to me that all that's been achieved is a muddying of the waters as far as any debt chasing is concerned.
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Originally posted by Night Monkey View PostAin't that the truth. I tend to keep my eye on ClearScore, which is free and (I believe) sources its data from Equifax. I'm aware of one glaring omission that is reported elsewhere via Experian but I try not to overthink it. Whenever we're about to do something major (remortgage for a better rate, for example) we'll cast the net wider to see if anything is lurking elsewhere. Consistency doesn't seem too much to ask, but there we are.
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One of the really confusing things with credit agencies is that not everyone reports to every credit agency...
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Originally posted by Night Monkey View PostI had an email notification today from ClearScore that a 'credit agreement' was about to be added to my report - checking the account shows that two Lowell accounts are due to be added, both listed as a 'credit or store card'.
The HSBC accounts were last updated in April 2017, with no mention of the credit card atm. I'll update in a couple of days when the changes have happened.
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I had an email notification today from ClearScore that a 'credit agreement' was about to be added to my report - checking the account shows that two Lowell accounts are due to be added, both listed as a 'credit or store card'.
The HSBC accounts were last updated in April 2017, with no mention of the credit card atm. I'll update in a couple of days when the changes have happened.
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...of course Iron Mountain storage facility disaster for many banks etc.
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Originally posted by Night Monkey View Post
Fair point, I'll give it until next month & then send it. I would like to see what HSBC actually still have, these counts hail from the '90s.
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I think I would be inclined to let the dust settle a bit, to ensure their systems are updated. In any case, in all probability Lowell have bought a job lot of accounts from HSBC, and there won't be any specific conversations to discover.
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I think I would be inclined to let the dust settle a bit, to ensure their systems are updated. In any case, in all probability Lowell have bought a job lot of accounts from HSBC, and there won't be any specific conversations to discover.
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Why Lowell ?
I'll recycle the one I sent to MBNA in 2020, unless it's been updated since then.
Any thoughts on reasons why I shouldn't send it just yet?Last edited by Night Monkey; 26 May 2023, 14:47.
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