UK DEBT COLLECTION - how and why they lie to you Part 1

Why do collection agencies persistently lie to the debtor, the press and the public at large? It is not just for money, but also because they actually believe themselves to be the last gasp between economic stability and financial ruin.

As we shall see with this message, the truth is anything but, and we shall also see that they as in my previous recordings are irrelevant, almost utterly useless and in the eyes of most, an inconvenience.

Like sharks, once they smell blood (or money), they will attack. However, such a parallel would be insulting to sharks, since recent research has shown that sharks do possess intelligent characteristics, such as memory and a sense of peril. This is more than can be said for the staff at these companies, who will selectively lie, threaten and bully if they think theres a chance they can worm money out of you.

You sent an angry letter to them? What letter. You sent a payment last month? What payment? You have a settlement letter proving you paid off this debt with the last company it was with? The last company dont have any record of this, so it must have been sent out by fluke.

Well, this message exposes and takes apart many of the most common lies or half-truths that such companies will use against you. Im sorry the whole message is a long one, but with lying and collection agencies in the UK as anyone who has had to deal with one already knows - theres a lot of ground to cover.


***1 small mistake made is during the 'Rankin Vs HBOS' dissection. This is untrue - it should have stated that it WAS a High Court case. But no legal precedent was set, and the necessity of a valid CCA was amplified by the judge. The DCAs will omit to mention that part.

The judge actually held Mr Rankin at fault for his manner, which was bad enough to swing the case in the favour of the creditor. Hardly a legal precedent when the judge decides to make an example of the plaintiff.

Yes, I did see the Panorama programme, and yes, I think the Rankins came across as textbook 'debt avoiders' that the DCAs like to paint all their 'customers' with***

Category:

News & Politics

Tags:

• first
• credit
• allied
• international
• buchanan
• clark
• and
• wells
• moorcroft
• sechiari
• mitchell
• robinson
• way

[paul25601]

how about u borrow money and u pay it back, this guy is a loser thats in loads of dept that thinks he no's everything and can take a company down by himself, i deal with these losers everyday, and we dont use any of these stupid tactics he stases, just call us and well sort something out simple

[dcamaggots]

@paul25601

Sorry. I don't believe a word of what you've just said, and neither will anyone else.

You say you're a debt collector, but actually spell debt as 'dept'? I knew collection agency staff were inept, but that's really taking the piss.

Call you? How are people supposed to do that when you've presented no number.

Moreover, when you've just called a large percentage of your callers 'losers' (but who can spell better than you can), who's going to want to call you anyway?

[73north]

The ' Stall Tactics ' DO work - I know this for a fact - I won my Battle with NCO Europe , and it took a year...........

the advice DCAMAGGOTS- gives is correct - don't listen to Jgab21000 .

he is totally wrong ..........

I won my battle, over a year .

[dcamaggots]

Thanks again 73north. Jgab21000 just another misinformed prick troll, and I think it's obvious he works for one of these companies.

He hasn't told me which one, but I think it'll be one of the ones in lumber at the moment.

[dcamaggots]

@randomfester100

I've also worked in various positions, and also one collection agency as well. That's my credibility.

And what 'advice' are you talking about exactly, and how's this 'someone' in trouble?

[dcamaggots]

@randomfester100

And your own credibility to discuss the subject is...

However, I love this bit - 'the obviousness of his idiocy is discussing the concept that regulated businesses are breaking the law. its just not going to happen, think about it.'.

But businesses do break the law and routinely tell lies on a daily basis, and regulatory bodies are noted for hardly ever taking action despite this. That's why the OFT and Ombudsman Service have a very poor reputation.

[LLOYD19851012]

I got a letter the other day telling me I could go to prison. That's why I am watching these videos, to find out my rights

[pyrouzi]

@shredmaster100 I can help you. Message me your e-mail address. What you need is a notice outside your front door thats removes the implied right of access and you need to send them a similar notice that informs them that you have now removed their right of access!!

[pyrouzi]

@paul25601 What an idiot! Thick cunts like you are the only ones that work for debt collectors. You can't even spell, you dumb piece of shit. I consider your letters as joke mail, so I write a big "LOL" on them and send it back to you, but now I think I'll change it up a little and write "GO FUCK YOURSELF" instead. What do you think? You like?

[shredmaster100]

im in trouble with these cunts not because i owe money but because of the tv licence they got a court order to collect stuff from my property so i send the letters back saying im dead and if that dont work il legally change my name probably to tony blair or david cameron that will fuck them up because i own the police

[GalaxyHorse]

You will find that most credit 'agreements' are in the form of a unilateral application, with one signature, not a lawful contract; these are unenforceable in law. As Paul25601 states, the signature creates the funds-no one puts their hand in their pocket and 'lends it to you'-there is actually no 'Debt'. It is incredible deceit and corruption.

[justfuckinregisterme]

@paul25601 You misunderstand totally. No one is even 'borrowing money'. The instant you sign for a 'loan', you actually create the money. Technically there is no debt so there's no need to pay. And these companies have the audacity to demand interest and send people out banging on doors for money they have no right to. Pure greed. Hence, advice like dcamaggots' aims to fly in the face of these state-sponsored corporate criminals.

[badpanda84]

@mgould23 If the Banks and card companies played fair, there would be no gutter debt industry"

NO if debtors didnt hide and lie there would be no debt industry