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3 debt collection companies bite the dust !!


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whats the chances of adding Lowell to that list?:D:p

All comments are well meant but i am not legally qualified only CAG educated:D

 

 

In the slight chance i have been helpful please click the scales:)

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Now then General, that poses an interesting moral dilemma. Just supposing somebody who had worked for one of these companies did get into difficulty and came onto this forum asking for help and advice. Would you help them?

 

DCA employees are so thick that they would probably own up to their former employment whereas us normal people would just keep quiet about it (would you own up to that?)

 

Personally, I think we should be magnanimous and view any pleas for help as some kind of absolution. Others may think differently. What about you?

 

Regards.

 

Fred

Before you criticise another man you should first walk a mile in his shoes. Then, when you criticise him, you'll be a mile away and he won't have any shoes on.

 

Don't get me confused with somebody knowledgeable by all those green blobs. I got most of them by making people laugh.

 

I am not European, I am English.

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Made me smile :)

 

 

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

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RIP: Rooster-UK - MARTIN3030 - cerberusalert

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Now then General, that poses an interesting moral dilemma. Just supposing somebody who had worked for one of these companies did get into difficulty and came onto this forum asking for help and advice. Would you help them?

 

DCA employees are so thick that they would probably own up to their former employment whereas us normal people would just keep quiet about it (would you own up to that?)

 

Personally, I think we should be magnanimous and view any pleas for help as some kind of absolution. Others may think differently. What about you?

 

Regards.

 

Fred

 

Having been to rock bottom and barely scraping back up,as so many of us are, I couldn't turn my back on anyone who had money problems and needed help I'm afraid.

Mr & Mrs Ananya's story so far -

Welcome Finance - account closed - no CCA - 02/07 - £1500

NatWest - settled in full 09/06 - £600

NatWest - settled in full 06/07 - £72

Verso - Settled in full 07/08 - £2002

C.K. Edrupt/Provident - account closed - no CCA - 04/07 - £640

Littlewoods/Shop Direct - 2 accounts closed - Statute Barred - 04/10 - £800

D.C.A.s who've given up so far -10

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I'm just wondering how Initial Credit managed to get a consumer credit licence. Then again, given that the OFT usually reacts with the speed of a deeply anaesthetised slug, perhaps I should stop wondering.

 

 

Um.. the slug, are you sure i's not actually....er.....dead?

 

David

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Such sad news. Hopefully more to follow:D

BANK CHARGES

Nat West Bus Acct £1750 reclaim - WON

 

LTSB Bus Acct £1650 charges w/o against o/s balance - WON

 

Halifax Pers Acct £1650 charges taken from benefits - WON

 

Others

 

GE Money sec loan - £1900 in charges - settlement agreed

GE Money sec loan - ERC of £2.5K valid for 15 years - on standby

FirstPlus - missold PPI of £20K for friends - WON

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Im a great believer in swings and roundabouts , fair enough they were doing there jobs BUT they dont have to be so vile about it do they ,.Threatening women in my book is a big no no , surely any man worth anything would stop the threats once theyd made a woman upset , to me there as bad as men who slap women about .

CAG v dca

 

CAG EVERYTIME .....

KEEP RIGHT ON TILL THE END OF THE ROAD ........

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I'm just wondering how Initial Credit managed to get a consumer credit licence. Then again, given that the OFT usually reacts with the speed of a deeply anaesthetised slug, perhaps I should stop wondering.

 

Still, I'm sure they don't have one now...

 

 

 

That's always been something that I find so difficult to understand. Anyone can form a Company, and then it becomes quite easy to get hold of a license and start fiddling about with peoples credit files and holding them to ransom over debts which they may, or may not owe.

 

Supposedly things will be changing after April this year and the OFT will be getting tougher on the whole collections and purchase sector.

 

At least...that's what they want us to believe........:rolleyes:

HOIST BY THEIR OWN PETARD.

 

Blimey it works....:-)

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Sinners repent..............................well they do until they open up again under yet another name.

 

David

They probably have the application to the OFT in already in a new company's name, then they avoid the new regime, such as it will be.

Arrow Global/MBNA - Discontinued and paid costs

HFO/Morgan Stanley (Barclays) - Discontinued and paid costs

HSBC - Discontinued and paid costs

Nationwide - Ran for cover of stay pending OFT case 3 yrs ago

RBS/Mint - Nothing for 4 yrs after S78 request

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