HSBC advice please.

Trishiapp28 wrote:I’ve been studying all of the information on this website for hours now as well as YouTube videos attached. What I have realised is that banks don’t actually lend money! They create the ‘money’ out of thin air. It’s actually us who create it by applying for it. The bank itself doesn’t actually have the funds to give us. Not only that, the swines charge us interest for something that doesn’t exist! What that essentially means is that they do not suffer any financial loss when defaulted because there was nothing for them to lose in the first place!  I hope I got this right, please correct me if I didn’t. My mind is literally blown!

Mrblue2015 wrote:So are you saying you no longer owe anything as an overdraft because it was added to the loan?

Mrblue2015 wrote:Please now answer the following questions as concisely and clearly as you can, making sure it is clear which number your answer goes against. If we do not understand your answers, it is unlikely we will be able to help you, as we are sure you will agree. Some questions will not be applicable (simply say “n/a”).

These are a standard set of questions, so apologies if you have already answered but you must answer again below.

Questions:

1) How much is the alleged debt for? Please do not state the exact amount and only round UP to the nearest £1K to protect your identity)
Enter your answer HERE: 15 K


2) What type of account is the alleged debt for? loan, credit card, overdraft etc?
Enter your answer HERE: unsecured loan. 


3) What is the name of the Original Creditor (‘OC’) or Debt Purchaser ('DP') or Debt Collection Agent ('DCA') who is writing to you?

OC: This will be a bank, credit card provider etc.

DP: Either the Original Creditor ('OC' e.g. a bank) or the DP would have told you something along the lines of  "<name of OC> has sold your account to <name of DP>" OR "name of DP> have bought your account from <name of OC>". This would confirm that you are dealing with a DP.

DCA: Usually a DP or even an OC will say something along the lines of "<name of DCA> will be acting on our behalf / please direct your correspondence to <name of DCA>". This will help you determine if you are currently dealing with a DCA rather than a DP.

Enter your answer HERE It’s HSBC. They are the OC. Not writing yet as not in default.


4) DP and DCA only: list ALL documents (if any) that you have ever received from the claimant (i.e. the DP or DCA) that they say evidences their claim.
Enter your answer HERE: no documents yet as not in default.


5) Once the alleged debt defaulted (i.e. when you received a Default Notice from the credit card or loan provider) have you EVER made a payment for as little as a penny since?
Enter your answer HERE: not in default, yet.


6) Have you ever, in writing, acknowledged that the (alleged) debt exists / that you owe a debt?
Enter your answer HERE: no. At the point of the loan application, I have signed agreement electronically.


7) On what date was the (ORIGINAL) Default Notice issued? ONLY state the month and year NOT the DAY. If you don't have this information, check a credit reference agency e.g. Clear Score (which is free) and locate the account against either the OC or Debt Purchaser and on there you'll find the 'Default End Date' e.g. January 2019.
Enter your answer HERE: no default, yet.


8 ) Have you sent a Subject Access Request (SAR) to the Original Creditor (OC) i.e. the company which first issued the loan, credit card, or overdraft? E.g. HSBC or MBNA.
Enter your answer HERE: no, not yet. 


Thank you.