Do DCA's speak to each other?

[Yog sothoth]

I only ask that question because, having CCA'd 1st Credit, I suddenly got a rash of threatening letters from my other creditors who, until then, had been fairly laid back. makes me wonder if 1st Cred have somehow alerted the others to my sudden grasping of the bull's horns.

[kennyparkroad]

couldnt tell you for sure.

but you know what you have to do now

turn round, pull your pants round your ankles, and tell them to kiss!

send them ALL CCA Requests

[Yog sothoth]

Have done. Just 'Bleurgh Oily-liver and Scrote' to go.

Wonder if they read these forums? Probably so arrogant they don't bother. Plus, for every fish that maybe gets away by direct action like this, they'll have hundreds who'll stay in their nets, I guess.

[pmhcfc]

Originally Posted by Yog sothoth

I only ask that question because, having CCA'd 1st Credit, I suddenly got a rash of threatening letters from my other creditors who, until then, had been fairly laid back. makes me wonder if 1st Cred have somehow alerted the others to my sudden grasping of the bull's horns.

Do DCA's speak to each other? Does a bear cr*p in the woods?

[allykat]

They probably share tips on how best to p*** people off

I checked out the forums on the money saving expert site....there were a few posts from DCA agents!

One said something on the lines of...."I can't believe you people get into all this debt and then complain when the people you owe money to, come after you for it...." Yawn yawn

[Gingerheid]

Do DCAs talk to each other?

Not really. The only way contacting one could make a difference with others would be if you gave one a new address for the first time and the others had been using an old one. If that started showing up it might reinvigorate the stragglers.

DCAs might work in the same trade, but like drug dealers, that doesn't mean they are friends. The other people are chasing money they want. In that respect, part of a DCAs job is all about finding a way (honest or otherwise) of persuading you that you need to pay them and not the other people.

Should people who owe this money complain when the people they owe it to come after it?

Not if they have played by the book and the people coming after it have too. Everyone should be, if not exactly happy, satisfied. The creditors may exercise the rights they were given, and the debtor, if they aren't reasonable, may have the rights they knew existed when they took the money exercised on them.

If they play it by the book and the creditor doesn't; they have a right to moan. The rules were written down at the beginning and the creditor knew what they were when they lent the money.
Nobody is forcing anyone to lend money and if they don't like the legal and financial climate in this country they are at perfect liberty to stop handing out money.

And if they don't play it by the book and the creditor does; the creditor has a right to moan. The book also backs the right to moan up quite well, with laws about fraud, perjury and bankruptcy restriction orders for incurring credit with no realistic prospect of repayment etc.

[Sve]

I don't know if they speak to each other but I'm 100000% they read this forum...

[Curlyben]

Sve, if they do read this forum you would of thought that they would of leaned by now.
As Gingerheid said, if it was all above board and by the book then CAG wouldn't be needed at all.

[Sve]

Originally Posted by Curlyben

Sve, if they do read this forum you would of thought that they would of leaned by now.
As Gingerheid said, if it was all above board and by the book then CAG wouldn't be needed at all.

Hiya - I agree with you of course. I do trully believe they are reading this board (at least some of them do). I just can't imagine that they are getting such a backlash and would not investigate how people suddenly become so aware of their rights.

As for the learning part - I don't think it is a matter of learning - the whole buying-out-debt process is a corrupt practice and very often conducted illegally. Therefore they are so rarely capable of actually producing the proper documents...

I'd love to hear from a DCA agent how the whole buying-out-debts works and why do they do it like they are doing it now (i.e. so stupidly)...

[Gingerheid]

Originally Posted by Sve

why do they do it like they are doing it now (i.e. so stupidly)...

I think the key feature of the way they do it is that it is cheap.

[pmhcfc]

Originally Posted by Gingerheid

Do DCAs talk to each other?

Not really. The only way contacting one could make a difference with others would be if you gave one a new address for the first time and the others had been using an old one. If that started showing up it might reinvigorate the stragglers.

DCAs might work in the same trade, but like drug dealers, that doesn't mean they are friends. The other people are chasing money they want. In that respect, part of a DCAs job is all about finding a way (honest or otherwise) of persuading you that you need to pay them and not the other people.

Should people who owe this money complain when the people they owe it to come after it?

Not if they have played by the book and the people coming after it have too. Everyone should be, if not exactly happy, satisfied. The creditors may exercise the rights they were given, and the debtor, if they aren't reasonable, may have the rights they knew existed when they took the money exercised on them.

If they play it by the book and the creditor doesn't; they have a right to moan. The rules were written down at the beginning and the creditor knew what they were when they lent the money.
Nobody is forcing anyone to lend money and if they don't like the legal and financial climate in this country they are at perfect liberty to stop handing out money.

And if they don't play it by the book and the creditor does; the creditor has a right to moan. The book also backs the right to moan up quite well, with laws about fraud, perjury and bankruptcy restriction orders for incurring credit with no realistic prospect of repayment etc.

ER HEM (The bit in red) haven't you seen the Debt Buyers Group and its list of members- with Ken Maynard (CEO Cabot) as the head of it all ??? Yes they do talk to each other!!!

[Gingerheid]

At a high level though. At a high level there are things like the British Bankers Association, and all the credit card sharks go for jollies to talk about things.

At a lower level there's no chance in hell that the branches will help each other sell other competitors credit cards though!