Fair Play Lowell (For a change)!

[Quality Bird]

I had a letter offering a 75% discount from Lowell the week before last, it was a debt which I knew was Statute Barred, but I hadn't told Lowell about this.

Anyway I had a call from them last week and stupidly I answered it and all of the security questions (I know STUPID).

I told them over the phone that the debt was SB and that the only reason that they were offering a 75% discount was because they knew as well as I did that it was unenforceable, they reply was that some people felt that they had a moral duty to pay back these debts, I replied that I wasn't one of those people.

Anyway I expected a phantom payment to turn up after my silly behaviour and fast forward to today a letter arrived, but to my surprise it says Account Closed with Lowell.

It didn't even cost me a Recorded Delivery Letter.

Well Done Lowell for Once!

QB

[citizenB]

Thanks for sharing this. Looks as though Lowells are now realising that statute barred debts are no longer worth pursuing.

 

I find it quite amusing they are now going to push the "moral card" though !

 

Keep that letter somewhere safe.

[Quality Bird]

I think I might frame it x

[BRIGADIER2JCS]

Good result QB, from what I'm seeing here and elsewhere Lowell must be losing a considerable amount of money on these SB accounts EXCELLENT!!!!!

[ScarletPimpernel]

Ah yes, the moral duty to repay. Such an argument might hold water if creatures like Lowell didn't buy debts for pence in the pound and then try to pressure people into paying the full amount, which to my mind is wholly immoral.

[seanamarts]

Im surprised they even knew the word 'moral'

[Belaflat]

To add to this,I also received the same offer and I too got caught out answering the phone as they called from what appeared to be a mobile number rather than the more recognisable one I regularly ignored.

I went through security to be asked what I was going to do about my debt......Nothing I replied.

Q Oh...why is that then

A You do know how old this is don't you

Q Yes we realise that its an old account.

A you will realise that its statute barred then.

Q Yes we know we cannot take legal action. Is that the only reason you are not paying.

A Yes.

 

To which the final reply was, That's fine, thanks for your time, Goodbye.

 

I also received the same letter today

 

Very pleasant woman who spoke to me. I was impressed with her conduct.

More impressed with my letter today though.

[Peterbard]

A full discussion about fractional reserve banking would be interesting in this sort of situation. I'd love to see them squirm at that, though I doubt they'd ever have heard of it.

[Alex_DeLarge]

I think I might frame it x

 

Well done! You wouldn't be the first person to frame a letter from lowell, I framed one from them when they had to send ME some money (court costs), I also framed the letter from the court.