Lowell Financial Debt - Do you have to pay?

If Lowell Financial have sent you a letter or is calling you on your phone, then watch this video to find out what you could do next.

Are you struggling with Lowell debt?

[Dublin]

This guy is only on YouTube for one purpose.scare you into paying.

[teresaharding]

Bill of exchange act 1882. You are giving wrong advice. Without a contract that has been signed by both creditor and debtor, the debt is invalid. Purchased debts by Lovell, PRA group, Cabot etc are all fraudulent

[TheHovel]

I wonder how much Lowell paid for this advert.

[bullyinspace]

Statute barred. Limitations act 1980.

Debts over 6 years old are no longer recoverable by force or otherwise.

It will appear satisfied on your credit file but will still exist as a foot print.

Just gotta know your law

[pattybumklart]

How is it legal for you to have to pay them? You’ve never had a contract with them, they’ve never provided goods or services to you!

[Sensitive_Hearing]

My mum requested her contract like you said but it looks like someone else's contract with her information pasted onto it

[marsfarrero]

My problem is that they didnt let me know I had a debt until 11 months later, when they had charged me with delay payment claims. They say they tried to call me once, but I doubt it cause I have no register of that call at all, no reminders no letters... is that legal?

[markwilkinson]

Good video thank you. Lowell have just purchased from a company I’ve been paying for 8 years and never missed a payment .. I don’t want to talk to them rather communicate by email so there’s a written record .. but can not find email address for them they not put this on letter on phone number . Don’t suppose you know there email address .. thanks 🙏

[theglobetrotter]

My debts over 6 years old I have never made payment towards it and I haven't written to them at any point they haven't taken a ccj out against me so I imagine I'm okay

[kittyw]

Many thanks for your advice, it’s really helped me!

[dbonk]

Easiest thing to do is just work with them. Lowell are pretty easy going. They don’t actually send people to your home, that would be an external company or a court bailiff if it ever got that far.

You can ask if an account is statute barred and they will tell you and you can ask for it to be closed if it is. If you feel you have a valid dispute with the previous company, they will question that for you. Of course, it may not be actually valid or previously been addressed but it will be investigated and if you feel it’s still wrong, tell them and they will do whatever they can to resolve it within reason.

They will do an income and expenditure with you, just a quick summary one usually to see what you can afford to make sure they’re not asking for more than is affordable.

If you find it difficult to speak to them on the phone, they have a website, a phone app and a live chat option.

[JD-lkzd]

This is the right info, well explained 👌

[teddybear]

I had a lowell debt for 3 years that was passed to overdales, I emailed them asking what the debt was about and was ignored and now I have a ccj

[jasoncooper]

They are a 3rd party ever seen 1882 bill exchange act

[psychologyhealingonline]

Untreated psykiatricsxas every depth colector so far and so on

[rewindthetape]

I don’t mind even serving a few months, no drama.

[paulfisher]

well i wrote to them and they just give up 25grand i saved . never pay them you have no contract with them . ask them for original contract with both signatures i guarantee they wont

[Markfarrar]

All you need to do is request proof of claim, 99% of the time they simply dont have this, request it if court action is threatened, the original contract, the section that allows notice of assignment, , any payments as regards statute of limitations, also if its been purchased, how much was paid in the interest of reverse liability, as for adding interest and charges, under what statute, , as for visitation to your property, they have no legal right to do that, simply revoke their implied right of access, any visit after that is trespass, which is a criminal matter not civil, , your advice sucks, giving links to debt management companies so you get your commission, you are no better than them, ive written off dozens of these so called professional debt collection companies

[galaxion]

You should not give a monkeys about what legal power any debt collector has, as the main fact being they cannot lawfully collect it - big difference!. All you have to do is ask them to produce the deed of assignment pertaining to the alleged debt, & they won't simply because they do not have it. That is because only the so called original 'lender' has it, & is not allowed to pass it on under contract law, as it is strictly binding to the lender. Without the deed of assignment there is no proof of claim - period. So it's goodbye Mr Debt Collector!.