Debt collection agencies - Page 2

kestrelx · 01-05-2012, 20:33

Quote:

Originally Posted by AccyChris

i just want a genuine thread mate..... no harshness....i'm not the enemy lol

There was a program on last week or it was on the news it said Debt Collection at the moment is the biggest business earner in the UK!

I think it's 8 years is the limit for a debt so if you have any old debts beware of answering letters sent to you by a debt company who bought a debt. If it's over I think 8 years then they can't do anything about it, unless there is any correspondence from you about this!

What they do is send you letters to try and catch you out - don't reply, if you do they can make you pay it by law!

AccyChris · 01-05-2012, 20:47

Quote:

Originally Posted by kestrelx

There was a program on last week or it was on the news it said Debt Collection at the moment is the biggest business earner in the UK!

I think it's 8 years is the limit for a debt so if you have any old debts beware of answering letters sent to you by a debt company who bought a debt. If it's over I think 8 years then they can't do anything about it, unless there is any correspondence from you about this!

What they do is send you letters to try and catch you out - don't reply, if you do they can make you pay it by law!

"they can make you pay it by law"

lol

not sure on that1 kes

I agree debt Collection is 1 of if not the biggest business earner in the UK but by law the dirty bleeps have no rights to do 90% of the things they get away with lol

AccyChris · 01-05-2012, 20:49

NOTICE: QUESTION TO EVERY MEMBER:

If someone is in ‘debt’, and someone else comes to the rescue - and pays off the debt[i.e the DCA] - what is the situation?

kestrelx · 01-05-2012, 20:55

Quote:

Originally Posted by AccyChris

"they can make you pay it by law"

lol

not sure on that1 kes

I agree debt Collection is 1 of if not the biggest business earner in the UK but by law the dirty bleeps have no rights to do 90% of the things they get away with lol

They can't because it happened to me - I started getting letters for a debt from over 10 years. I phoned a debt advice agency and they said "Don't reply because over 10 years they can't make you pay if there has been no correspondence about the debt in that time. They said if you reply then the debt company who bought the debt have leverage to demand payment." I ignored it and the letters stopped.

Eric · 01-05-2012, 20:55

Quote:

Originally Posted by cashman

It don't always work like that Less, i was asked in Burtons a few yrs ago if i wanted a store card n then when they checked was refused cos i never had a credit rating, I said thats cos i never owed any money, n was livid. Had used em fer years fer me trolleys n such, have never been in since.

I had that problem too ... weird, eh ... they are turning away a customer who is about 100% likely to pay his bills, and then they offer credit to guys who are up to their asses in debt, making minimum payments on their credit cards just to keep their heads above the liquid manure they are in. I suppose I should go to my bank (I'm a good socialist; so, my bank is the Kingston Community Credit Union

) and borrow a couple of thousand, pay it off, and then I'll have a credit rating .... nah, I don't think I'll go through that bs. My grandad said "never buy owt on t'never never" ... He used to walk around with a wad of those old five pound notes, and if he saw something he wanted, he bought it. If he was short a few quid, he didn't buy it.

Gordon Booth · 01-05-2012, 20:55

Quote:

Originally Posted by AccyChris

i've had a few run in's with them in my time i tend to find the obvious,lawful and blunt approach works best i.e you bought my debt... thanks..... now have fun with it lol

So have I got this right, Accychris?
You consciously run up debt knowing you can't(and don't intend)to pay it.
The firm you owe money to passes on that debt(at a loss) to a DCA who you refuse to pay. You get away with it! In fact you seem to be proud of it.
Isn't that theft? Not just from the firms you wouldn't pay but from the rest of us.
Because to cover the losses people like you cause the firms you owe money to they have to charge the rest of us more-so you're stealing from us!
You call this an 'obvious,lawful and blunt approach'?
What an interesting approach to money- no surprise you don't need banknotes.

Eric · 01-05-2012, 20:58

Quote:

Originally Posted by Eric

I had that problem too ... weird, eh ... they are turning away a customer who is about 100% likely to pay his bills, and then they offer credit to guys who are up to their asses in debt, making minimum payments on their credit cards just to keep their heads above the liquid manure they are in. I suppose I should go to my bank (I'm a good socialist; so, my bank is the Kingston Community Credit Union

) and borrow a couple of thousand, pay it off, and then I'll have a credit rating .... nah, I don't think I'll go through that bs. My grandad said "never buy owt on t'never never" ... He used to walk around with a wad of those old five pound notes, and if he saw something he wanted, he bought it. If he was short a few quid, he didn't buy it.

Oh ... and Susie ... you are allowed to point out the syntactical redundance in "I'm a good socialist"

AccyChris · 01-05-2012, 21:34

Quote:

Originally Posted by Gordon Booth

So have I got this right, Accychris?
You consciously run up debt knowing you can't(and don't intend)to pay it.
The firm you owe money to passes on that debt(at a loss) to a DCA who you refuse to pay. You get away with it! In fact you seem to be proud of it.
Isn't that theft? Not just from the firms you wouldn't pay but from the rest of us.
Because to cover the losses people like you cause the firms you owe money to they have to charge the rest of us more-so you're stealing from us!
You call this an 'obvious,lawful and blunt approach'?
What an interesting approach to money- no surprise you don't need banknotes.

Gordon Booth i didnt run up a debt knowing i couldnt pay infact i could prob of paid it in banknotes there an then but i had a reason for not paying so eventually they sold it to a DCA and yes which i refuse to pay. you say " get away with it" like i'm trying to hide something or i've done something wrong yes im proud i found my balls an stood up against these jokers

Isn't that theft? NO

i had doubts about the amount the firm was trying to say i owed so i worte them a letter saying i'm willing to pay if they can prove there actual losses added up to the amount they said thus creating lawful excuse for not paying and not theft as you say

"Because to cover the losses people like you cause the firms you owe "
with all due respect i think there should be more folk like me and less folk who talk the sheepish DRIBBLE like you speak

AccyChris · 01-05-2012, 21:39

Quote:

Originally Posted by Eric

I had that problem too ... weird, eh ... they are turning away a customer who is about 100% likely to pay his bills, and then they offer credit to guys who are up to their asses in debt, making minimum payments on their credit cards just to keep their heads above the liquid manure they are in. I suppose I should go to my bank (I'm a good socialist; so, my bank is the Kingston Community Credit Union

) and borrow a couple of thousand, pay it off, and then I'll have a credit rating .... nah, I don't think I'll go through that bs. My grandad said "never buy owt on t'never never" ... He used to walk around with a wad of those old five pound notes, and if he saw something he wanted, he bought it. If he was short a few quid, he didn't buy it.

"never buy owt on t'never never" ... He used to walk around with a wad of those old five pound notes, and if he saw something he wanted, he bought it. If he was short a few quid, he didn't buy it.

SHOULD BE MORE FOLK LIKE YOUR GRANDAD ERIC

pallyman · 01-05-2012, 22:09

had a debt company threaten me once for a debt that wasn't mine,took advice when the company asked me to pay a bill which was not mine,took months,then got a letter which said the matter had been settled,12 months later debt recovery company rang me,very threatening on the phone and told me they would be coming round to take items out of my house,told them to come and i would let them move it all out,then i would ring the police and make them put it all back,still had the letter from the company clearing me of owing the money

started to talk to me nice as you like,before i cut him off

AccyChris · 01-05-2012, 22:15

Quote:

Originally Posted by pallyman

had a debt company threaten me once for a debt that wasn't mine,took advice when the company asked me to pay a bill which was not mine,took months,then got a letter which said the matter had been settled,12 months later debt recovery company rang me,very threatening on the phone and told me they would be coming round to take items out of my house,told them to come and i would let them move it all out,then i would ring the police and make them put it all back,still had the letter from the company clearing me of owing the money

started to talk to me nice as you like,before i cut him off

GOODMAN

Eric · 01-05-2012, 22:23

Quote:

Originally Posted by AccyChris

"never buy owt on t'never never" ... He used to walk around with a wad of those old five pound notes, and if he saw something he wanted, he bought it. If he was short a few quid, he didn't buy it.

SHOULD BE MORE FOLK LIKE YOUR GRANDAD ERIC

That generation and that way of thinking are gone. Now it's greed and materialism ... cupiditas ... you know "Radix mallorum cupiditas est" .... And it's like a drug. A gram is too much; and an eight ball ain't enough.

cashman · 01-05-2012, 22:43

That way aint gone wi this kid, always been that way.

Mancie · 01-05-2012, 22:56

What's the not so old saying? .. if you owe the bank £300 you worry.... if you owe the bank £3million they worry..

AccyChris · 01-05-2012, 23:29

If a DCA is prepared to buy your debt,but then expect you to pay it back to them,surely theres certain things that must happen due to the demands of good faith all round, and civilised behaviour i.e:

1. That they make sure that you actually owe the debt, in the first place. And they can only do this by discussing it with you.

2. That they make sure you agree to pay them back, and (again) they can only do this by discussing it (up front) with you.

3. You should only expect to pay them back what they, themselves, paid out … otherwise they are taking the ****.

Do you think those three are fair, honest, honourable, and reasonable?