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Hello. I am a pensioner trying to make ends meet. I'd like to tidy up my affairs the best I can and am sending my first DSAR to an 'agent' of my first (of four or five) very old credit card 'debts' which I have repaid each month for the last six to eight years with a small, regular sums. My questions are:
1) I read somewhere that we no longer have to send a postal Order for £1 with our DSAR letters to 'agents'.Is this true? My 'debts' have been passed on so many times in those years that I don't recognise the 'agents' any more. I'm still paying by direct debit the 'agents' who existed four years ago. I realise it's wrong but I just ignored them when they changed. It got too confusing.
2) My second question is: do I need to sign over a (value of?) stamp on the reverse of the letter in the bottom right hand corner? I've seen conflicting reports.
3) My third question is: are the 'agents' cottoning on to a mass change in the public or are these DSARs still effective? I am going to use the template on this site and just need to be confident that it is the most up to date. Here it is:
Your name
Your address
Your address
Your Postcode
DATE
Creditor Name
Creditor Address
Creditor Address
Creditor Postcode
Dear Sir/Madam
Re:− Account Number xxxxxxxxxxxxxxxxxx
Please treat this letter as a formal request for you to supply a copy of my Consumer Credit Agreement as is my entitlement under sections 77-79 of the Consumer Credit Act 1974.
I require you to provide me with a true copy, or reconstituted copy of the credit agreement relating to any account you deem to be mine, together with any other documentation the Act requires you to provide. I expect you to comply fully and properly with this request, within the statutory time limit.
Your obligation also extends to providing me with a statement of account. I enclose a £1 postal order, which represents payment of the statutory fee payable under the Consumer Credit Act. I understand that a copy of my credit agreement should be supplied within 12 working days from the date of this letter.
If it is your view that you are not the creditor, s.175 of the CCA1974 applies in the case of a simple assignment, and places a duty upon you to pass this request to the creditor. In the case of an absolute assignment, you are a creditor as defined by s.189.
I understand that under the Consumer Credit Act, creditors are unable to enforce an agreement if they fail to comply with a request for a copy of the agreement under these sections of the Act.
Yours faithfully,
YOUR NAME
Many thanks
In hope,
Betterment
1) I read somewhere that we no longer have to send a postal Order for £1 with our DSAR letters to 'agents'.Is this true? My 'debts' have been passed on so many times in those years that I don't recognise the 'agents' any more. I'm still paying by direct debit the 'agents' who existed four years ago. I realise it's wrong but I just ignored them when they changed. It got too confusing.
2) My second question is: do I need to sign over a (value of?) stamp on the reverse of the letter in the bottom right hand corner? I've seen conflicting reports.
3) My third question is: are the 'agents' cottoning on to a mass change in the public or are these DSARs still effective? I am going to use the template on this site and just need to be confident that it is the most up to date. Here it is:
Your name
Your address
Your address
Your Postcode
DATE
Creditor Name
Creditor Address
Creditor Address
Creditor Postcode
Dear Sir/Madam
Re:− Account Number xxxxxxxxxxxxxxxxxx
Please treat this letter as a formal request for you to supply a copy of my Consumer Credit Agreement as is my entitlement under sections 77-79 of the Consumer Credit Act 1974.
I require you to provide me with a true copy, or reconstituted copy of the credit agreement relating to any account you deem to be mine, together with any other documentation the Act requires you to provide. I expect you to comply fully and properly with this request, within the statutory time limit.
Your obligation also extends to providing me with a statement of account. I enclose a £1 postal order, which represents payment of the statutory fee payable under the Consumer Credit Act. I understand that a copy of my credit agreement should be supplied within 12 working days from the date of this letter.
If it is your view that you are not the creditor, s.175 of the CCA1974 applies in the case of a simple assignment, and places a duty upon you to pass this request to the creditor. In the case of an absolute assignment, you are a creditor as defined by s.189.
I understand that under the Consumer Credit Act, creditors are unable to enforce an agreement if they fail to comply with a request for a copy of the agreement under these sections of the Act.
Yours faithfully,
YOUR NAME
Many thanks
In hope,
Betterment
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