Going after the Banks/OC's

[suedes]

We seem to spend alot of time chasing around the diffrent DCA sharks often getting rid of one only to find another springs up and you have to start all over again.

 

Surely the OC knows that the account is in dispute and they are openly passing it on to these dca's after it is presumably returned time and time again

 

Surely this amounts to some sort of harrasment by the bank/oc and there is rules against this sort of thing?

 

Is there not something that can be done?

[victoria_siempre]

Hi suedes

 

Sadly, this is part of their standard collections process.

 

You will notice that the different DCAs start of being different divisions of the OC; they like to present the illusion that they are 'escalating' the activity as a scare tactic.

 

Once the debt is sold to a real DCA it may get passed down the chain, if they fail to collect, for a lower value each time.

 

Of course spurious charges are added throughout these processes.

 

Whilst there is OFT guidance that an OC shouldn't use more than one DCA at a time, the rest is part of norma debt collection activity.

 

That's why it's important to read the wealth of tactical advice on CAG on how to deal with eaach stage, adjusted to your own circumstances.

 

What can be done is to fight back and thereby keep 'knocking' the saleable value of an alleged debt or a debt you truly can't afford to repay and ensure you challenge unlawful charges and interest thereon along the way.

 

Best wishes

 

vic