Hi !

[Roger]

Time to send SAR to Halifax cost £10 (cheaper than £500) will take 40 days but there are many reasons why an Agreement is UE not just the CCA.

The Current Owner Idem First Finance Limited FCA Number: 643384 Ended 29/02/2016 (Unlicensed).

As for Idem wait and see what they next send you before offering a penny. Post details (redacted) in your Diary and you will get advice.

[DallasCowboy]

Niddy very kindly had a look at the credit agreement they sent. Unfortunately it's enforceable!

I've still not heard from them since they sent the credit agreement to me, so I currently haven't got a payment plan set up (I recently cancelled my dmp with step change when I thought they didn't have a credit agreement). However, I'm sure they'll be in contact soon and I'll have to set up a plan I suppose. Im Thinking of offering them a small amount each month. Maybe a fiver or something. It will take a long time to pay off, but at least it won't feel like I'm paying anything really.

The only other thing I'm wondering is whether they could start adding interest? This is a debt that was sold on to them from around 2009 and ever since I've been in a dmp with step change, the interest has stopped. As I say, I'm not in a dmp with step change anymore though..

[cymruambyth]

Try not to worry; 2 weeks to wait will not have any impact on their actions. Just because they send lots of paperwork doesn’t mean that it is correct! In addition there can be many faults other than those with the CCA, such as the default notice and notice of assignment.

[DallasCowboy]

Oh no Roger there's plenty there. It looks good to be honest.

a sheet detailing name , dob, address etc from halifax
What appears to be a signed credit agreement with date which I don't remember signing but looks like my signature.
lots of pages detailing terms and conditions
statememt of account detailing all payments

to the untrained person it looks pretty good and like Halifax has sent it all to them, who the original debt was with.

You describe 2 sheets. Is that ALL that has been sent to you?




I think that Still Waving's advice is sensible and you should do nothing here until Niddy has seen the paperwork.

[DallasCowboy]

Ok thank you.

I cancelled my step change dmp just prior to receiving the credit agreement (it's the only debt I have left and I thought it was unenforceable). But I did make a payment through step change around 9 Feb. I currently haven't got a payment arrangement in place with idem, but hopefully I can hang on for a couple of weeks.

Niddy is the only one who sees unredacted CCAs.

Hang tight for a couple of weeks then ask Niddy to look at the paperwork. Do nothing in the meanwhile, but post here if you get a threatening letter from them.

[The Tech Clerk]

send to Niddy he will look at them for you! soonest

[Roger]

Hi,
very surprised to suddenly get a credit agreement through the post from idem. Amazed that Halifax has provided this to them from almost 9 years ago!
Does anyone check agreements?
It looks good to me - it looks original. it has a personal details form with address , dob etc and Halifax symbol , then there's a sheet with parties, key financial info etc listing interest rates and so on with my signature and date plus a stamped date. It looks good to me - it looks original.
thank you.

You describe 2 sheets. Is that ALL that has been sent to you?

Niddy is the only one who sees unredacted CCAs.
Hang tight for a couple of weeks then ask Niddy to look at the paperwork. Do nothing in the meanwhile, but post here if you get a threatening letter from them.

I think that Still Waving's advice is sensible and you should do nothing here until Niddy has seen the paperwork.

[Still Waving]

Thanks Roger. Niddy is away for a couple of weeks he said, if anyone else can help?

Niddy is the only one who sees unredacted CCAs.

Hang tight for a couple of weeks then ask Niddy to look at the paperwork. Do nothing in the meanwhile, but post here if you get a threatening letter from them.

[DallasCowboy]

Thanks Roger. Niddy is away for a couple of weeks he said, if anyone else can help?

[Roger]

Hi,
very surprised to suddenly get a credit agreement through the post from idem. Amazed that Halifax has provided this to them from almost 9 years ago!
Does anyone check agreements?
It looks good to me - it looks original. it has a personal details form with address , dob etc and Halifax symbol , then there's a sheet with parties, key financial info etc listing interest rates and so on with my signature and date plus a stamped date. It looks good to me - it looks original.
thank you.

Send a UNREDACTED copy to Niddy with a Link to your entry https://www.all-about-debt.co.uk/for...98#post1508898
to webmaster@all-about-debt.co.uk

[DallasCowboy]

Hi,
very surprised to suddenly get a credit agreement through the post from idem. Amazed that Halifax has provided this to them from almost 9 years ago!

Does anyone check agreements?

It looks good to me - it looks original. it has a personal details form with address , dob etc and Halifax symbol , then there's a sheet with parties, key financial info etc listing interest rates and so on with my signature and date plus a stamped date. It looks good to me - it looks original.

thank you.

[DallasCowboy]

Great, well I won't be paying another penny as things stand

[Roger]

Bottom of my latest letter (where they said the debt cannot be enforced) it says,
Idem Servicing
po box 16619
solihull
b91 9tu

Idem servicing is a registered style of Paragon finance Plc which is authorised and regulated by the financial conduct authority
registered office 51 homer road Solihull West Midlands b91 3qj registered number 01917566

The last letter I have detailing who actually owns the debt was sent to me in October 2015 and it says that the outstanding balance on your account was purchased by another company within our group , idem first finance limited...

Idem Servicing is a Trade Name of the Paragon finance Plc Group
- idem first finance limited is also with the Paragon finance Plc Group

The purchaser is the CURRENT OWNER --- IDEM FIRST FINANCE LIMITED - FCA Permission ended 29/02/2016 (Unlicensed)

[DallasCowboy]

Bottom of my latest letter (where they said the debt cannot be enforced) it says,

Idem Servicing
po box 16619
solihull
b91 9tu

Idem servicing is a registered style of Paragon finance Plc which is authorised and regulated by the financial conduct authority
registered office 51 homer road Solihull West Midlands b91 3qj registered number 01917566

The last letter I have detailing who actually owns the debt was sent to me in October 2015 and it says that the outstanding balance on your account was purchased by another company within our group , idem first finance limited...

[Roger]

..It was bought by Idem in June 2013. They have sent me a ‘statement in compliance with CCA 1974’ each year detailing the account transactions, which basically just lists my payment from Step Change. Apart from that I’ve had hardly any contact from Idem. I get a letter every now and again saying my account was purchased by another company within the group Idem Capital Securities or something!

They may have changed their name BUT that doesn't mean that the Current Creditor is Authorised!
Can you check the exact name of the account purchaser on your paperwork because

Idem Capital Securities Limited FCA permissions ended 30/09/2015 (Unlicensed)