Thread: Egg loan - disappeared?
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28th May 2009 23:30 #1
Egg loan - disappeared?
Hubby had a loan with
Egg several years ago. Went into default. Then out of the blue today got a statement from them, showing the loan amount and the
interest rate and
PPI .
It states opening balance including PPi £0.00
Total interest accrued this year £0.00
Closing balance -£564.50
No payment has been made, what does this mean?
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28th May 2009 23:30 # ADS
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30th May 2009 10:23 #2Platinum Account Holder
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- Posts 6,271
Re: Egg loan - disappeared?
Sounds like a charge off.
Expect you will receive a letter from Lowell, or similiar... maybe?
- Posts 6,271
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30th May 2009 19:48 #3
Re: Egg loan - disappeared?
Do you mean they have sold the debt off to another company? SUrely they would have sent an accompanying letter stating that it had been passed on. Otherwise I will have a statment from them saying nil balance and a letter from another company saying a balance.
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30th May 2009 19:58 #4
Re: Egg loan - disappeared?
Hi,
Sounds like they've sold it on.
Regards.
Scott.Any advice I give is honest and in good faith.
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