BPO chasing old MCO/Hoores/cash choice/toothfairy 'debt'

[JOHNINYORK]

Dear all.

I am new to this forum,I have already posted a comment about Speed Credit/Toothfairy,or whatever they want to call themselves.But as yet,it has not come up in the forum.

Are Barclays aware that they are dealing with a loan shark company,when they accept money into the following account.

 

Acc.no....93462382

Sort no...20-50-94

 

Or maybe the host of PO BOX1933,Radstock,BA3 4YF are also not aware of the dealings of Toothfairy Finance.

 

I wonder if Barclays charge Toothfairy for each transaction.If so,maybe if a few people,the more the merrier,were to deposit 1p into the above account,it would create a loss for Toothfairy.

 

Regards,John.

[renegadeimp]

Contact Barclays and make them aware. They're usually very good at shutting down those accounts when they've been informed.

[JOHNINYORK]

Just a little update regarding Barclays.

Spoke to a lady in the local branch,who has not done any business banking.But she told me that,they will close an account on the advice of the Police,FSA or Trading Standards.If an individual makes a complaint,it has to be sent to customer services,who will investigate the complaint.

Regarding Toothfairy being charged for transactions,this depends on the account that they have.It could be one of the following,free,a percentage of the transaction,or a fixed charge.She seems to think that it could be the latter,a fixed charge.If that is the case,a1p transaction will cost Toothfairy a bit of money.

Just been looking through a SPEED CREDIT/MCO CAPITAL/PAY CHECK CREDIT agreement,how do they get away with all these names on one agreement.Paragraph 15 could be worth a read,

 

15.1.1 ..... us ensuring that the information you gave us was not inaccurate or deficient in any respect(if we discover that it was,then the agreement will be voidable by us and this information will be reported to credit reference and fraud agencies.)

 

They also require early repayment if as stated in,

 

15.3.4 ..... die

 

So if you tell them that you lied to obtain money,will they revoke the agreement.Also,plan when you are going to die,as they require an early repayment.

 

 

Regards,John.

Edited April 7, 2012 by JOHNINYORK

[asmilecostsnothing]

Actually a lot of the PDL companies hold a Barclays account ... so

and in fact, Toothfairy's bank details are on their website and have been for a long time

 

Could Quick Quid borrowers say the say thing? when they are left with no option but to set up direct debit

 

I was fortunately never in real default with these, don't think I'd have liked my chances

though I did find them easier to deal with then the likes of Payday Express!! (that is saying something!) Toothfairy never told me "I'd be near enough slaughted" by all other payday loan companies (which I wasn't Payday Express!)

[sillygirl1]

If you die and there is no estate they cannot come chasing, end of... that is an unfair term. They do not have precedence either over something like mortgage debt, funeral debt, gas, electric or council tax debt on death whatever they might like to write or tell you. They are then an unsecured creditor and very low down the scale.

 

Have people put in their complaints to the FSA/FOS/OFT/Trading Standards/British Cheque Cashers Association etc? If not why not?

 

Again if the DCAs are chasing debt which has been paid a simple defence stating that and providing proof can flatten them, they are obviously getting very very anxious to get their money in - bet they do not have staff and that all the people are paid on commission only.... again any PDL company (as with DCAs, should have actual staff and not commission only staff... should be a condition of them getting a CCA Licence, actual staff who can be interviewed at any time by the OFT/Trading Standards.

[sillygirl1]

At the moment the OFT and Trading Standards are acting together to clean up this murky market, so any complaints are being counted and taken seriously.

 

Hopefully now they will stop issuing licences for pdl companies like confetti and expect them to prove they are 'user friendly' and not milking their clients by inspecting their accounts.... but of course that is too easy for them.

 

The other way is to make a licence for a pdl company £5,000 and each time they get to 100 complaints it automatically gets suspended and they cannot trade until an investigation has taken place.

[sillygirl1]

It doesn't at the moment, but I really think it is the way forward, after all WE get a black mark on our CRA reports for 6 years but nothing happens to the companies who abuse the systems... it should be like for like or the CRAs are no longer fit for purpose.

[MARTIN3030]

Earlier post temp unapproved until we can establish what its all about,sorry guys the proceeding posts to that,along with replies have had to be moved too,as you will hopefully be understanding of.

[JOHNINYORK]

Dear all.

A further update regarding the Toothfairy/Speed Credit saga,I do not know if I am in the right forum/topic,my apologies if not.

I received an email this morning(09/04/12) from Speed Credit.This was to inform me that my loan repayment is due tomorrow.So I sent them the following email,part of which is a copy from an earlier email.

 

Dear Sir/Madam.

I received this morning,an email regarding my so called outstanding account.I have already sent you a letter with proof of payment and 3 emails.As it seems to be your company policy to refuse to answer emails,this was my final email to you dated 30th March.

 

Dear Sir/Madam.

As you have failed to reply to my previous email as I requested you to do so.

I hereby give you notice that my agreement with you has now been terminated.As today,being 30/03/2012,I have paid £413.70 into your bank account,being as of the following,

 

BARCLAYS.

Acc.no. 93462382

Sort.no. 20-50-94

 

My reference......xxxxxxxx

 

The payment of £413.70 consists of the following,

 

LOAN......................£400

2 DAYS INTEREST...£13.70

TOTAL.....................£413.70

 

So would you kindly amend my details.Failure to amend my details as instructed,or make further demands for payment from me,will result in your company being reported to the Trading Standards office with immediate effect.

 

 

 

Yours Faithfully

 

xxxxxxxxxxxxxx

 

 

Acc. no..............xxxxxx

Ref.no................xxxxxx

 

May I also remind you,that by sending that email this morning,you are in breach of the Trades Description Act.As in my PAST agreement with you,it states that the money is loaned for 14 days,but you are requiring repayment in 12 days.As in the agreement,it states when the money is deposited into the account,not when you decide to send false emails regarding the transfer of the money.

 

 

I also phoned Toothfairy this afternoon on the following number 01373322857.The conversation was more or less as follows,I will only put in the bits that might be of use for further reading.

 

Me...What has happened to my payment of £413.70.

 

T/F...How do you come to the figure of £413.70,when it should be £496 + £5 transfer fee.

 

Me...As I only had it from Thursday to Friday,that is the loan + 2 days interest.

 

T/F...No it is not,you have to pay £96 interest,even if you have it for 1 day or 14 days.

 

Me...You are in breach of the agreement,which is being reported to the Trading Standards.Another breach of the agreement,is you charging £5 transfer fee,when the agreement states £4.90.Another breach of the agreement is you demanding repayment of the loan after 12 days,my past agreement was for 14 days,if I had gone for the whole duration.The term starts when the money is deposited into my account,not when you send false emails that the money has been transferred.What has happened to my £413.70,when your web site says that I owe £501.

 

T/F...Does it matter if it is 12 or 14 days,you still owe us £496.The transfer fee is £5.We sometimes have a slight delay in sending an email and the actual money being into your account.It can sometimes take a few days for the repayment to show in our account.

 

Me...Why does your company hide behind various PO BOX numbers,or not answer emails.

 

T/F...I was not aware that we hid behind PO BOX numbers,it could just be a company policy.I do notice that you have emailed us.We endeavour to answer emails within 28 days.

 

Me...As far as I am concerned,this matter is now in the hands of the Trading Standards.Goodbye.

 

I hung up before she could reply.Does the above conversation sound familiar to anyone.I forgot to mention to the women,that Barclays did tell me,that money deposited before 3pm,is paid the same day into the account.But T/F are saying they have no record of it.After 5 bank working days,I find this hard to believe.I should have quoted the transaction number.

Are there any remarks or suggestion hat anyone would like to make.Nearly all the complaints regarding T/F are due to late payments,not early repayments.

 

Regards,John.

Edited April 9, 2012 by JOHNINYORK

[renegadeimp]

NEVER EVER phone them unless you are recording them. They can and WILL say anything on the phone and then deny it ever happened.

 

Also you should be reporting them to the OFT and FOS. It's good to see you standing your ground though. Too many people get scared and actually pay them money, even though they dont owe anything. Also you are dealing with one of the worst PDL's around.

 

CFO and QQ being the 2 worst.

[sillygirl1]

28 days to answer an email - they HAVE to be joking - aren't they? Why so long (or does the person who can log into the emails only read them every 28 days, no wonder they have so many problems.

 

The OFT must know about that conversation pronto - and Trading Standards.

[JOHNINYORK]

My thanks for the comments made.Here is a copy of the section of the agreement relating to early repayment.In my opinion,I am allowed to cancel the agreement with the loan repaid + interest.The bottom of the table should read,

£400....£6.85/day.Another one of their mistakes,maybe they should employ a proof reader.

 

 

12.1 You have the right to withdraw from the credit agreement without providing a reason before the end of the period of 14 days starting with the date on which you receive confirmation from us that the Agreement has been made.

12.2 You must notify us of your intention to withdraw from this agreement either in writing to one of the addresses specified in Clause 15.23 or by telephone on 08433 81 81 81.

12.3 You must repay, without delay and no later than the end of the period of 30 calendar days beginning with the day after notice to withdraw from this agreement was given, all amounts outstanding on the Loan Amount and the interest accrued from the date the Loan Amount was provided to the date of repaying it, plus any charges you have incurred under Clauses 9 and 10.2.

12.4 The amount of interest payable per day is equal to:

GBP100 loan: GBP1.714 per day

GBP200 loan: GBP3.429 per day

GBP300 loan: GBP5.143 per day

GBP300 loan: GBP6.857 per day

 

There is a bigger table relating to the charges,but the above will suffice,as it is the written word of the agreement.The above section contradicts itself,it could be read as two different dates.

 

12.1) with the date on which you receive confirmation from us that the Agreement has been made.

12.3) from the date the Loan Amount was provided.

 

Has anyone ever made a list of the various addresses,PO BOX no's and telephone numbers they have.

 

Regards,John.

Edited April 9, 2012 by JOHNINYORK

[JOHNINYORK]

Just done a quick search for the addresses and PO BOX no's,

 

New Cavendish St,London.

PO BOX 153,Sheffield.

PO BOX 1933,Radstock.

Lyndhurst Terrace,London.

PO BOX 6024,Warwick.

 

Pilgrim St,London and Tunbridge Wells also come into the equation.

 

Would anyone like to submit any more.

I would like to thank BBK007 for the message,but no offence meant,I like everything to be in the open,as it could be of use to other people.

 

Mr Jordon Leonard Taylor,who knows anything about him.As all his previous links he has had to companies,the companies have all been dissolved.Can anyone shed any light on this.

 

CIM TECHNOLOGIES LIMITED Active

YUPIDU LIMITED Dissolved

YUPIDU LIMITED Dissolved

JORDAN & CO PROPERTIES LIMITED Dissolved

JORDAN AND CO. DIAMONDS LIMITED Dissolved

NEXUS PROPERTY (LIVERPOOL) LIMITED Dissolved

NEXUS PROPERTY (LIVERPOOL) LIMITED Dissolved

DAVID TAYLOR'S PHARMACY LIMITED Dissolved

 

http://company-director-check.co.uk/director/912684412

 

If a company is dormant,it can become active again.A dissolved one cannot.So what irregularities have been committed at the above companies.

 

Regards,John

Edited April 10, 2012 by JOHNINYORK

[JOHNINYORK]

I have now received 2 text messages and 1 email from Speed Credit,copies of which I will post on this forum later today.(15/04/12)

I might be following a false trail here,but does anyone know anything about 91a Ramsden Road,London.It is the registered office of a company called Silver Saints.Is this the same Jordon Taylor.

 

 

Name Function Company Company Registered Address

JORDAN TAYLOR Director

Company CIM TECHNOLOGIES LIMITED

Board Members CIM TECHNOLOGIES LIMITED

65 NEW CAVENDISH STREET

LONDON

W1G 7LS

 

JORDAN TAYLOR Director

Company MARSHALL HOARES BALIFFS LTD

Board Members MARSHALL HOARES BALIFFS LTD

65 NEW CAVENDISH STREET

LONDON

W1G 7LS

 

JORDAN TAYLOR Secretary

Company SILVER SAINTS LTD

Board Members SILVER SAINTS LTD

91A RAMSDEN ROAD

LONDON

SW12 8RD

 

http://www.cdrex.com/jordan-taylor/648860.html

 

Regards,John.

[sillygirl1]

This comes up on a search for Ramsden Road...

 

http://www.silversaints.com/contact-us/

 

Seems he has his finger in many pies...

[JOHNINYORK]

Dear all.

I thought that there would have been more than one reply to my previous comment.Thank you Silly Girl for your comment,on one site regarding Silver Saints,there is a photo album of the employees,no Mr Taylor.

Regarding 91a Ramsden Road,it is split into two flats,according to council records.I wonder who lives there,if anyone could look in the Wandsworth library for the electoral role.I would like to know who lives there.

As I mentioned in my earlier article,I have had two text messages and one email.

 

TEXT 1)..11/04/12....01.38. As you have not paid off your loan in time you now us £501.Make sure this is paid by 24/04/12 to avoid further penalties and recovery action.

 

TEXT 2)..11/04/12....16.07 As you have not paid off your loan in time you now us £597.Make sure this is paid by 24/04/12 to avoid further penalties and recovery action.

 

 

EMAIL...14/04/12

 

XXXXXXXXXXX

 

Thank you for your message.

 

We have not received yet the payment of £413.70.Please when you transfer money into our bank account, you need to allow 5 business day for the money to clear and for it to be logged onto your file.

 

According to our records you took out a 14 – 28 day SHORT TERM loan on 27.03.12 for £400.

 

You currently owe £597.

 

Please note that as you borrowed £400, you are being charged £96 interest every 14 days and there are no discounts in the interest for early payments. This is CLEARLY STATED in the terms and conditions YOU agreed to.

 

YOU agreed to the terms and conditions with your double digital signature by way of entering your email address in twice then clicking \'I accept and agree to the terms and conditions\'. The terms and conditions that you agreed to are legally binding under The Consumer Credit Act 1974.

 

If we receive your payment of £413.70 be aware that you still need to pay by the 24.04.12 another £82.30 for us to close your file or you will be incurring additional charges.

 

If you have any questions please don\'t hesitate to call us on 0843 381 3381.

 

Kind regards

 

Speed Credit – Loans Team (147)

 

t: 084 3381 3381

 

So in fourteen hours,the amount went from £501 to £597.But in the email,it states that I have until 24/04/12 to make an an additional payment of £82.30 to round it up to £496.That equates to three different amounts,do these cowboys know what they are doing.Not only that,the are demanding a so called repayment in 12 days not 14 days.

Regarding the email,is this one of their standard ones.Or am I honoured in getting one so quickly.Maybe they did read my 4 letters and several emails to them,all relating to reporting them to Trading Standards.As for not adhering to the past agreement,it is them that are in breach of the agreement.

As this matter is getting a bit serious now,it will now be "trying to procure money by means of deception".This is a criminal offence under the Theft Act.I have paid my money,but they say that they have not received it.I could be more specific here,but I do not know if they will be reading this article.

It seems to me,that every email/text is another nail in their coffin.As they contradict everything that they say.

Maybe I will be getting a letter from Marshall Hoarse,or do they pronounce it WHORES.

 

Does anyone know about this number.I phoned it this morning at 04.00 and it seems to be a private number,as someone answered it,not automated.

 

Toothfairy Finance / CIM Technologies / Northern Debt Recovery / Marshall Hoare Oliver Larholt, Chief Executive

Tel: 07956 830335............ 11 Aug 2011

 

It seems to belong to Oliver Larholt.This number seems to belong to Gary Chappel......07768255622.How up to date they are,I do not know.

There are a few details on this site if anyone is interested,2 addresses for Larholt,Eaton Square-London and Tunbridge Wells.

 

http://grody.me.uk/wiki/blogs/ndrtalk

 

Regards,John.

Edited April 16, 2012 by JOHNINYORK

[sillygirl1]

Please please please get those emails to the OFT for their files, they are doing an in depth investigation into payday loans and this lot of tosh

 

It should not take 5 days for a transaction to clear their files - if it does then clearly their administration system is not fit for purpose or they are hiding somewhere offshore and have little staff to check these matters.

 

Remind the OFT they have already sanctioned this mob.... just for good measure.

[JOHNINYORK]

This my latest email to T/F.

 

 

Thank you for your informative texts and email.

As you have clearly stated quote,"there are no discounts in the interest for early repayments.This is CLEARLY STATED in the terms and conditions YOU agreed to".Your capitals not mine,then you ramble on about double signing I accept etc,etc.

I signed the past agreement on the condition that it was what it said it was,an agreement.Not something that you decide to alter when you decide to.May I suggest that you take time in reading your own agreement.

 

8.1 The amount to be repaid under this Agreement comprising the loan amount, interest, and any charges as set out in clause 9.1, is GBP 496

 

9.1.1 transmission fee (GBP4.90)

 

12.1 You have the right to withdraw from the credit agreement without providing a reason before the end of the period of 14 days starting with the date on which you receive confirmation from us that the Agreement has been made.

 

12.4 The amount of interest payable per day is equal to:

GBP100 loan: GBP1.714 per day

GBP200 loan: GBP3.429 per day

GBP300 loan: GBP5.143 per day

GBP300 loan: GBP6.857 per day

 

I have complied with the wording of the past agreement,you have not.

Regarding the texts and email,there are 3 different amounts of so called monies owing.

 

 

TEXT 1)....11/04/12..........01.38.........£501 owing.

TEXT 2)....11/04/12..........16.07.........£597 owing

 

Email........14/04/12..........16.02........I have until the 24/04/12 to make a further payment of £82.30 if you receive my previous payment of £413.70.

 

This equates to 3 different amounts of money.

What has happened to my previous payment of £413.70,it does not take 5 days for a cash transaction to be debited to your account.

I STRONGLY ADVISE you to seek legal representation/advice,as "trying to procure money by means of deception",is a criminal offence under the Theft Act.

[renegadeimp]

Just be careful how you word your communication, as some PDL's will try and say you are avoiding paying.

 

We know thats not the case, as even if it goes to court, youd still have to pay the initial amount. However, most PODL's do this to try and get those charges and interest payments from you.

[JOHNINYORK]

Many thanks to Silly Girl and Renegadeimp for their comments.

I have worded the emails in the best of my abilities,also keeping it polite and straight to the point.The majority of the wording is from their agreement.

I do not accuse people of a misdemeanor without evidence to substantiate my accusation.They (Toothfairy etc,etc) are saying that they have not received my £413.70 payment.Last week,I checked with Barclays Bank in York,the same branch that I paid the money into.The bank confirmed that my payment had been debited to the account of CIM TECHNOLOGIES on the very same day that I paid the money,which was Friday 30th March.This was achieved by me presenting the bank with the transaction number,account number and sort code.The bank did explain to me,that as it was not my account,they could not divulge too much information.Only,that the money was in CIM's account.

Now maybe you can understand why I was withholding some information in a previous post in this forum.So,where is my money.The 5 days that Toothfairy have quoted for the money to be debited into their account is a lie.It could be applicable if it was a cheque ,but mine was a cash payment.

So I will reiterate my previous comment to Toothfairy,"trying to procure money by means of deception",is a criminal offence.

 

Regards,John

[sillygirl1]

I would get a crime number from the police for this as clearly you have repaid them and they are stating you have not - therefore they are committing fraud - it is a word they love to bandy about so use it back to them.

 

Also get in touch with MP Stella Creasy as this is not the first company this month claiming they have not received funds when they clearly have - something is very much amiss in this murky indistry and needs to be sorted out pronto.

[sequenci]

I would get a crime number from the police for this as clearly you have repaid them and they are stating you have not - therefore they are committing fraud - it is a word they love to bandy about so use it back to them.

 

Actually you're probably better off going down the civil complaints route with this one, e.g. the FOS/OFT.

[FrugalJo]

Hi John

Following your thread with interest.

But please do you have a valid email address to contact TF ?

tia

[JOHNINYORK]

Many thanks to Silly Girl,Sequenci and FrugalJo for their comments.

With regard to the email address,the only ones that I have,are the ones that are on their web sites (Toothfairy etc,etc).The email that I received from them on Saturday (14/04/12),came from "Collections@ Speed Credit".But when I sent an email to them,it was rejected,"Delivery of the following recipient failed permanently".Maybe it is a anti spam device on their address.So I sent an email to Info@Speed Credit,that went through ok.

I think they replied on Saturday due to the letters that I sent them,Lyndhurst Terrace,Warwick,Radstock and Sheffield.My original email to them on the 30/04/12 was not answered,a copy that can be found in this forum.

I would have thought that I might have had more comments by now,as I consider this as a crusade against Toothfairy.I know that each case has it's own merit,but it seems that each person is fighting T/F as an individual case.It will take a combined effort to break them.

One of the problems seem to be,where are they actually based.It seems to be a maze of PO BOX numbers and addresses.

My parting remark is,"Onward soldiers,we will break Toothfairy"

 

Regards,John.

Edited April 18, 2012 by JOHNINYORK

[sequenci]

EVERYONE must lodge an official complaint via the OFT. It's the fastest, most sure-fire way of getting them closed down:

 

http://www.oft.gov.uk/news-and-updates/press/2012/11-12