cabot financial letter

Discussion in 'Banking, credit cards, etc' started by oscarwild13, Apr 27, 2015.

  1. Dermot

    Dermot Frequent Poster

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    999
    Do you have a name for this "Thug" as this is what he is if your description is accurate.
    Is he licenced ?
    If your description of how he entered and stayed in your house is accurate he would probably be guilty of a criminal offence.
    He would have questions to answer under Data Protection if he discussed your debt with your father as you state.
    Cabott might also have questions to answer if this is the type of individual (as you describe) yhat they employ.
     
  2. MichaelO1979

    MichaelO1979 New Member

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    9
    Hi All

    I done a data request to Cabot, the file seems to be very very vague, basically all they have is my name address and alleged amount owed! During their data search low and behold they found my letter demanding original contract and statements but to date I haven't received same! My take on the credit act 1995 is that a collection is not in forcible without supplying this document! They didn't supply it with the data request so do I presume they don't have it and only have amount owed and my name and address.
     
  3. Gerry Canning

    Gerry Canning Frequent Poster

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    Michael,
    Not surprised you got minimal info,
    Methinks they can go whistle Dixie now.!
    Try not to get into much more communication with them , should they again write just re-request statements and copy of signed contract, (keep copies of everything)
     
  4. MichaelO1979

    MichaelO1979 New Member

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    9
    Hi Gerry, many thanks for your input! Is shows that I requested the signed copy of statements and original signed contracts but they never acknowledged these requests! They wrote today saying they were carrying out an internal investigation and would revert back to me regards to my letter of complaint when they didn't reply to my request for contract ect. Their paper work seems very vague and has very little information about me or the alleged debt! Very strange that they are issuing court threats with no evidence or paperwork to prove a case!
     
  5. Tom Finn

    Tom Finn Registered User

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    21
    Did you just send a letter requesting the info? Were you required to send €6.35? Where do you stand now?Have they got back to you since?
     
  6. PatrickJ

    PatrickJ Frequent Poster

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    142
    I had issues with these people myself in the not so distant past; made my life a misery for a long time. I disputed the debt they claimed I owed them. When my file arrived the deed of assignment was like something a child world draw up; no mention of my name, address just a note stating that they had purchased a debt with X amount outstanding. They could not issue me with a statement of account etc. I made a complaint but got nowhere.

    I had a "gentleman" call to my home. I politely asked him to return to his car and told him I had no debts with him or the company he represented. A long time after that I caught him speaking to neighbors. I don't know what he said but the neighbors never told me and I never bothered to ask!

    I'm still standing my ground on this matter and refuse to be taken for an idiot by this crowd. Are they even regulated?

    The last I heard from them was an idol threat of judgement and/or a visit from the Sheriff if I did not update them with personal information i.e. the information that was not on my deed of assignment etc.
     
  7. Jumpstartdublin

    Jumpstartdublin Frequent Poster

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    Cabot are particularly professional and competent at their business. Obviously it's a different area for anyone to work in. They would be anxious to ensure that the debt owed is factually correct etc
     
  8. PatrickJ

    PatrickJ Frequent Poster

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    142
    The first time I have seen Cabot being described as professional and competent!
     
    ivannomonet likes this.
  9. MichaelO1979

    MichaelO1979 New Member

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    9
    Hi all

    I received all they had on file which was my name, Don, old address and nothing else, showed from my first reply that I was disputing the debt and also showed a letter of complaint I made to them which has been ignored, haven't had any further letters since they sent the data access request back! Not sure if they are going to bombard me with further threats of court or not but time will tell! They have tried several times to scare me into paying but I'm not acknowledging them!
     
  10. MichaelO1979

    MichaelO1979 New Member

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    9
    Good Morning all,

    Today Cabot sent me a signed copy of the agreement from the bank along with letters the bank supposedly sent me informing me that they were transferring the agreement to Cabot. The loan was taken out in 2006 with the last payment been made in 2013, I don't know what to do next so any help or information would be greatly appreciated.
    From what I can see in the statement it only goes back to 2009 and no further back, It does not show any payments I made between 2006 and 2009 which I find most bizarre, also the bank were charging me €170 per quarter interest plus rejected standing order charges and fees so most of the figure is made up of fees and charges., I was left go from my job in 2009 and had payment protection but the bank never informed me I had it so from what I can see I was covered while out of work until 2013, I informed the bank I was made redundant but they kept pushing me to pay when I couldn't afford to.
     
  11. Gerry Canning

    Gerry Canning Frequent Poster

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    Michael,

    They have Not sent you the full file as per Data Access Request.
    Under Data Access they must send you everything eg transcripts of calls ,copy computer notes, copies of most things.
    I find it sad that you paid expensive Payment Protection (PPI) yet Mr Bank has the cheek to chase you.
    On PPI ,it was supposed to be voluntary and common sense tells me if it had NOT been missold, you would have known you had it and unless you are mad you would have availed of it.
    On fees/charges , they are entitled to add these on ,but again had you known you had PPI issue would have been different.

    For now I would ignore them.
    If it gets heavy come back to us.
     
  12. MichaelO1979

    MichaelO1979 New Member

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    9
    Hi Gerry

    When they went through the data access request they found my letter of complaint and when the investigated this 8 months later they now send me everything I was looking for to start with, I:E statements, copy of agreement ect. Should I write a data access request to the original lender asking them to send me everything they have on file about me.
     
  13. Gerry Canning

    Gerry Canning Frequent Poster

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    2,514
    Starts getting messy and hard to follow if you keep looking.
    Suggest just start now from today with a clean sheet.
    1. Take no phone calls.
    2. If Cabot write ,only respond IF it is in your interest eg if they threaten law etc,that means little , a threat is not action.So read their letters carefully.
    3. If things get heavy request another Subject Access Request from Cabot and from Bank.

    The Banks Request will show up the PPI and that will change things .
    Importantly. Be slow to respond unless you are sure of things.
     
  14. Chris2014

    Chris2014 Frequent Poster

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    110
    Bit of an odd situation.

    Just had a phone call from someone saying they where from Cabot Finacial. I googled the name and this thread came up.

    They said

    Cabot "Hi is this Chris XXX"
    Me "Yeah it is"
    Cabot "Can you confirm your full address?"
    Me "Who are you?"
    Cabot "This is XXX from Cabot Financial"
    Me "Never heard of them. Why would i give my address to someone ive never heard of"
    Cabot "You should have heard from us already"
    Me "Never heard of you in my life. Whats this about?"
    Cabot "I cant tell you that."
    Me "Well then what is the point in ringing me?"
    Cabot Hung up

    Now the fact i owe nobody a bloody thing has me worried. Im not in debt. No loans. Havent had loans in about 10 years. Have a lot of savings in my only bank account.

    The way they said i should have heard from us would say to me that they have sent letters to a wrong address and the first question was them trying to get my address so they clearly do not have my correct details.

    To get a subject access request i would of course have to give them my proper address so i really dont want to do that.

    Ive recently before this happened checked my credit history through an online service where you pay a couple of euro and they send you your history. Not a mention of anything bad. Just what i expect.

    Ive just blocked their number on my phone and that should be the end of it i assume.

    Should i do something else? Can they somehow do something bad to my credit with very few details?
     
  15. demoivre

    demoivre Frequent Poster

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    2,438
    No, Cabot aren't members of the ICB.
     
  16. Chris2014

    Chris2014 Frequent Poster

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    110
    So im well to just forget about it i would say.

    Sound like a crowd that i dont want to be getting involved with anyway.
     
  17. Red1980

    Red1980 New Member

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    6
    Hi I'm looking for a bit of advice about how to deal with Cabot. A little over 5 yrs ago I had a 20 Euro a month deal with a telecommunications company for internet. For the first few months the bill was normal then out of no where I got two bill that added up to 3,500. At the time I was working 40+ hours and couldn't understand how this was possible. I rang the company and ask what had happened and why wasn't I notified or my internet cut off when it reached its limit. I was told it was impossible for my bill to be that high and I should get a garda letter sent to them to unlock the privacy to see what happened. I did just that and the company still didn't sent me the itemized bill even after numerous call to them and another letter from the garda. They eventually stopped returning my calls. A couple of weeks later I started getting letters from their solicitor and I explained the situation that I would have no problem coming to some sort of payment plan if this was in fact a legimate bill but even they could not get the itemized bill from the company and they stopped returning my calls. A month ago I got a letter from Cabot saying they have taken over that account and want full payment. I ignored this letter because I don't want to deal with this crowd and somehow end up entering myself into a contract with them. Two wks later they send another letter offering to settle for half of the amount. I ignored it because I honestly don't have the money to pay because I'm now on disability with a little income. I got a letter last wk demanding full payment in 7 days of legal action will be taken and aging this wk saying I have 4 days or I will be taken to court. I'm tempted to let them take me to court because this debt was disputed and I have the letters and the statement from the garda to prove this. Should I ignore them and see if they take me to court of engage with them
     
  18. Sunny

    Sunny Frequent Poster

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    3,150
    Ignore. Let them take you to court. They won't.
     
  19. Red1980

    Red1980 New Member

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    6
    Thank you for the reply so I will just keep doing what I'm doing and completely ignore them
     
  20. MichaelO1979

    MichaelO1979 New Member

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    9
    Hi All

    Got another letter from Cabot saying that they were giving me one last chance to pay and it would be in my best interest to contact them to discuss a reduced rate, they are also threatening me with an 8% interest rate p.a if I don't come to some deal with them. They also threaten court action along with judgement mortgage against any property I own (I don't own any property) also threats of sheriff calling to my property to seize goods, I'm just wondering is this all huff and puff to try and get me to submit to them and start paying up. I will of course be ignoring this letter and will keep on file, I also note that they are now saying on their letter that they are the original provider of the finance,