Lowell Chasing for a Debt not on CRA searches.

[P-Jay]

Lowell have been in touch.

They're chasing me for an outstanding debt from 4 years ago.

I half remember it, I took out a car insurance policy over 12 months, cancelled after 8 and thought that was it.

It doesn't show on my CRA at all, not with Experian, Equifax or CallCredit, they've send me the original paperwork, or rather paperwork "reconstructed from the original" I very much doubt I actually signed anything.

It's not a huge amount of money, which I'm happy-ish to pay, but I can't afford to pay it all in one go.

They're offering 20% off, pay it over a few years if I want and all that, and I'm tempted to take them up on their offer bar one thing. I don't want it to suddenly appear on my CRA.

I want to ask them "okay, if I pay, will this show up on my CRA" because I don't trust them and I daren't give them my pressure point.

[Amethyst]

When you cancelled the insurance did you cancel direct with the insurer and was there no rebate due for the four months insurance not required ?

[P-Jay]

I was paying monthly, as I recall I called them up cancelled and that was is. I didn't receive any thing else from them, no 'final bill' no nothing really, just that was is.

[Amethyst]

Strange. It might be worth calling the original insurers , or finance company, and asking them about it, or if they can't help on the phone, sending them a subject access request for everything they hold about you.

Can you post what this Lowell letter says and the agreement they have sent you ( did they just send that off their own back or had you requested it for them ? ) It is likely if it was 4 years ago it was signed up for online - I believe mine came from the insurance company on email as a PDF which I digitally signed and returned - so might also be worth checking historical emails. If the agreement is complete and has the terms can you see the terms on termination ? It's likely it was a fixed sum loan ( debtor - creditor - supplier ) and if there was a rebate due from the insurance when you cancelled that should have gone toward paying off some of the remainder on the loan.