Topic: Help

[amilase99]

Hello ,had a letter today from PRA saying I owed £3,900 I telephoned them and asked what is this about ,and was told it was from a car finance debt from 2011 and not at the address I been living at for 13 years. I asked to see copies of credit agreement which the response was they did not have.
Anyway after the telephone call ended I remembered having finance for a car in 2004 and that was the only one I had.
Can they still chase me for that debt and why are they saying the debt is from 2011 ?

[Lisa Thomas]

If they have not chased you for more than 6 years then the debt would be classed as 'statute barred' however in your case it seems they have continued chasing, albeit it at the wrong address.


I'm afraid if this debt is valid I would recommend you take steps to negotiate a settlement or payment plan.

[amilase99]

I chatted to a Scottish guy at PRA he confirmed the debt was statue barred so I explained the debt was older than my 13 year old son and there has been no communication or payments for that 13 years ,I then said I will write to FCA about this and to that he said account would be closed today and hear no more from them. 

[Lisa Thomas]

Best of luck.

[ERF]

Hi, there are ways to recover the car finance and deal with PRA. They have no notice of assignment.