Thames credit

[Tools]

Re: Thames credit

Thanks guys. i did speak to one of their agents on the phone yesterday as I need to change the DD to a different account and asked them then to send teh info, but will follow it up with a more formal request (so they can't wriggle out of me asking for it!!)

Do I keep paying them???

Hi Jen

How long have you been paying to Thames Credit or is this another company who have bought the debt recently?

If you are unsure how much was paid to each creditor with your previous Debt Management Company then you are also able to send them a detailed Subject Access Request asking for this information.

IF you are unsure whether you have a valid debt to pay then I would suggest asking if you can make smaller token payments(i.e £5/month instead of £20) supported by an up to date I/E sheet. That way you are still paying off the debt if it does exist and also goes in your favour as still willing to pay if it goes to court. If you don`t owe the money then you will have minimised the amount you have paid until you receive the correct documents.

As Amethyst, Budgie and have stated send in the CCA request also asking for any supporting documentation as suggested by Pkea such as the statement of account, assignment notices etc.

Have a good read here Debt Template Letters
here Negotiating arrangements with DCA’s or Original Creditors - Legal Beagles and here Consumer Credit Agreements - A Guide - Legal Beagles
I`m sure you already have at some point but refreshing your memory won`t hurt.

[fuzzybrain]

Re: Thames credit

I have been makign the payements to Thames Credit who have bought the debt from barclaycard.

The company we used was debtcare, but this was aboiut 8 years ago - would they still have records for us??? I don't have a reference number etc, as when the last of the debts dropped off the credit i shredded all the info on them, as I thought i wouldn't need it (i know - what a silly cow!!!)

[Curlyben]

Re: Thames credit

Thames are well known for "stretching" the truth.
As already mentioned you should CCA ANY DCA's to ensure they have the legal right to collect on any debt.

This thread explains the whole process: Consumer Credit Agreements - A Guide - Legal Beagles

[sam]

Re: Thames credit

http://www.debtcare.co.uk/

You can but try.

[Amethyst]

Re: Thames credit

Sam, not really sure of the relevance of that link ? Sorry hun.

Seems to be a debt management company that charge 17.5% of your monthly payment ? plus an entire months payment as an arrangement fee.

Probably best if you quote the bit you were hoping to point to.


EDIT ahhhhhhh with you now lol....These who Jen was using originally - ouch ! Well goes to show how shoddy some of these companies can be. They should have records but I wouldnt hold your breath...some companies will remove after 7 years and some when they feel like it lol.

Get the CCA request in to TC

[sam]

Re: Thames credit

Its the company that Jen was useing. As she said she had nothing left I though this would give her a starting point. Phone number or email.
------------------------------- merged -------------------------------
Sorry ame. Teach me for not reading the whole thread. Yep you got it. LOL. Got to many convo's going at the same time.

[fuzzybrain]

Re: Thames credit

Thanks guys for all your help, I really do appreciate it. Will send off the CCA to TC asap (so many abbrevations!!) and see what happens. I may just hold fire on setting up the DD just in case tho. Something tells me I might have been scammed by TC...........

[sam]

Re: Thames credit

Im sure you will get there Jen.

[Curlyben]

Re: Thames credit

Just another comment.
NEVER use DD when paying a DCA as THEY have all the control.
If you are paying a DCA use a Standing Order instead as all the control lies with you.

[Sapphire]

Re: Thames credit

Hiya Outspoken, sorry I havn't been much help as of late but I've got a few personal issues to deal with and I'm only popping in here as and when I can.

I too have had a 'run in' with Thames Credit during 2006 and posted on another site but here's the gist of it hun.

In 1994 my 'ex' took out a loan with the Halifax and stupidly i signed the paperwork (I had just lost my father and wasn't thinking straight at the time). Anyway over the years payments were NOT made by him, and then we split up. Halifax 'sold' debt to Thames Credit and 'chased' myself and my new partner for the debt which we had been paying off monthly ever since.
Just to clarify the total owed (allegedly) was £6,880.57.

So sent off a CCA 1974 letter on the 19th October 2006, to see what would happen really.

Got a reply back 31st October 2006 saying

Dear Madam,

We refer to your previous correspondence. Halifax PLC have confirmed that they are unable to supply any copy statements or a copy of the original application form. Please find enclosed your cheque for £1.00. We can confirm that we have written off your account and you will receive no further communication from Thames Credit Ltd with regard to this matter.

So as you can see Outspoken its well worth sending off a CCA request.

[fuzzybrain]

Re: Thames credit

Thanks forthe help, very much appreicated indeed. Will let you know what happens from the CCA request.

Good luck with your personal issues - is there anything i I can do to help???

[fuzzybrain]

Re: Thames credit

HELP!!!!!!!!!!!!!!

I have just had a acall from Thames Credit (who now tell me they are actually Aktiv Kapital) and is has scared the hell out of me.

Apparently they never received my CCA request (The address they have given me isn't the one I sent it to, so i think I made a mistake) Anyhow they say that because they are the secondary creditor they do not have to supply any infomation to me re the orginial debt.

I have also discovered that they are chargign 1.5% interest per month on top of the debt and the debt has now risen to £7,418 and continually rising. i didn't know anything about this interest beign added - they never mentioned it any any correspondance.

Now I am pretty sure I paid this debt off to a collections agency, but I can't prove it (i managed to lose a box of paperwork when we moved and these papers (letter of statifcation and who it was too were in the lost box)

I am goign to send and email a new CCA request to them, however

[Curlyben]

Re: Thames credit

Absolute Carp as ever.
Fire off another CCA to these muppets and make sure it's recorded.
Snail Mail ONLY for CCA's

They can charge what ever they want, but without a valid CCA they are completely stuffed.
Even if they do comply if there is no contractual provision for interest by a third party then again they are stuffed as well.

[fuzzybrain]

Re: Thames credit

Sorry, computer crashed, so will fisnish the rest of the story.

Details of the debt

Orginial debt was to Barclaycard for around £4,700
Defaulted in 2000 for £4,900
According to Aktiv Capitial it lay dormant for 4 years (although i'm convinced that it went to a DCA who we paid off)
Activ Kaptial brought the debt in Nov 04 and we commenced paying £20 a month since then (total payments paid so far is £740)


They have said under 77/1 of the Credit Consumer Act they do not have to supply any orginial info of the debt as they are not the orginial creditor, nor do they have to give me any info re their purchase of the debt. Basically they told me that I owe them near on 7,500 and it's going up by 1.5% per month!!!

They denied that they receievd the CCA request and said even if they had of had it its irrelevant as it doesn't apply to them.

This has scared the hell out of me, I can't afford this debt!!!!

I know i need to send the CCA request (by signed for post) which I will do, but where does this lead me?
What happens if they can't/won't supply the paperwork?
What can I do about this mounting interest - its roughly £70 a month being added!!
HELPPPPPPPPPPPPPPPPPP

[Curlyben]

Re: Thames credit

Stop Panicking !!!

If they refuse or simply can't comply with your legal CCA request they CANNOT take further action.

They may make threats that they can but lack of a compliant agreement os a FULL defence in law, especially when you have a papertrail to back it up