Cumin v Cap One - CCA / Kerobo

[cunim]

Re: Cumin v Cap One - CCA / Kerobo

You will think me a real Dweeb but yes I have all the statements from 24/02/05. The interest rate was zero as I was paying all at the end of the month. Cash withdrawal 2.207% in May and June 06 and from the 10th Aug rising to 3%.
Oct 07 - purchase interest 2.207 - 20/10/07 cash - same
Dec07 - ditto 2.528
March 08 ditto Annual rate quoted 30.340%
Dec 09 gone up to 34.080%

Edit - When the CC people send the copy of the CCA plus terms, the could lack of a page be interpreted as being outside the legal framework of the legislation?

[cunim]

Re: Cumin v Cap One - CCA / Kerobo

Latest info - Kerobo no longer in business - no phone and no website and no Ministry of Justice authorisation.

[Amethyst]

Re: Cumin v Cap One - CCA / Kerobo

Oh thought you knew that already and that was why you were taking the claim over yourself lol, sorry.

[cunim]

Re: Cumin v Cap One - CCA / Kerobo

No but I had had a clue from an official source so that was why I had started out on the lonely road with DIY.

[Amethyst]

Re: Cumin v Cap One - CCA / Kerobo

Okay, so what do you want to do with this debt ?

Whats Cougar saying ?

[cunim]

Re: Cumin v Cap One - CCA / Kerobo

Cougar is saying to pay off all within three payments which totals £3500. One of £400 on the 5th Oct followed by two instalments of £1200 which adds up to £2800 in as they would accept a discount of £700 if paid in three instalments.

Now, I am still not happy with the legality of their demand as I consider that we are still in dispute. (I'll eventually pay it off anyway but in my own time).

Whilst Kerobo has gone, they did send me a case note which "identified" breaches. I would still like to fight this case and tell the DCA to stick their idea of settlement.

Any ideas?

[The Debt Star]

Re: Cumin v Cap One - CCA / Kerobo

Latest info - Kerobo no longer in business - no phone and no website and no Ministry of Justice authorisation.

Kerobo? sounds like some kind of martial art or japanese board game

[cunim]

Re: Cumin v Cap One - CCA / Kerobo

YAAY!!

[Amethyst]

Re: Cumin v Cap One - CCA / Kerobo

Well I'd send the following to Cougar... Legal Beagles Consumer Forum - View Single Post - ~~~ Consumer Credit Agreements - A Guide ~~~~ inc. Letters for the moment.

Have a read of the thread that that is on too, will give you some guidance.

I'll have to get the maths geeks lol to check the interest rate calcs that Kerobo came up with on their list of breaches.

[Amethyst]

Re: Cumin v Cap One - CCA / Kerobo

Okay Credit Card agreement - no need for a total charge for credit figure - no idea where Kerobo have got the figure of £515.56 from. TCC on the APR for purchases would be about £223 (based on £1500)

You sure that is for this card ? You didnt have a loan with them as well ?

anyhoo have you got the page of terms which has term para 23 on - and is that the 'Use of Information' paragraph ? (if you look on front of agreement you'll see it refers to it)

The actual reverse of the agreement should have this stuff on (this is from one same style as yours but for 2003) http://i513.photobucket.com/albums/t336/Poolio22/CapOne /CapOneAgreementBack.jpg

The interest rates are different to those in your terms but as this is an earlier agreement thats no suprise lol. I just put it here for example for you to show that the backs DO have the prescribed terms on.

If you look you'll see it says terms taken from main terms paras 8,10 and 23 (ie the para 23 I mentioned above)

Still dunno where they got the £515 TCC from tho.

[TUTTSI]

Re: Cumin v Cap One - CCA / Kerobo

Sadly, they were a Claims Management Company - authorised by the MOJ and ran a series of adverts on the radio which must have cost them a fortune.

Kerobo? sounds like some kind of martial art or japanese board game

------------------------------- merged -------------------------------
They spent all the money on Radio advertising no doubt - prime time as well.

Latest info - Kerobo no longer in business - no phone and no website and no Ministry of Justice authorisation.

[Zazen.Warrior]

Re: Cumin v Cap One - CCA / Kerobo

Latest info - Kerobo no longer in business - no phone and no website and no Ministry of Justice authorisation.

I didn't know they were actually out of business, how did that come about?

You can bet they took a lot of peoples' money with them. I mentioned before that I worked briefly for a company which took their (very ANGRY) calls.

I wonder if they got paid...

[Amethyst]

Re: Cumin v Cap One - CCA / Kerobo

S'ok found a V10 page with 23 on and it is right.

[cunim]

Re: Cumin v Cap One - CCA / Kerobo

Unfortunately I spoke to Cougar re settlement but did not mention paying the Nov Dec payment only that IF things went well then I would arrange to pay off the rest in maybe two instalments. I suppose my call has nullified my defence. Aaargh
------------------------------- merged -------------------------------
ZAZEN well I had it intimated that the chopper was to come down and the MoJ site confirms this.
Business Name: Kerobo Limited Address: 1a Britannia Road
Sale Town/City: Cheshire Postcode: M33 2NN County: Cheshire
Trading Names: No Trading Names Sectors: Financial products/services, Personal Injury, Status: Authorisation Cancelled

[Zazen.Warrior]

Re: Cumin v Cap One - CCA / Kerobo

It was cancelled once before I think, but their website etc has certainly gone.