Credit Card & Loan Balance's Wipped Clean !!!

olly300

[quote=[Deleted User];14862615]Yes. Does sound a bit of a scam wanting almost £400 up front with no guarantees.

However, they pray on peoples greediness whos eyes light up when they think they can get away with paying £1000s worth of credit card debt.

Something tells me its not that simple though...[/quote]

Considering the fact that credit card companies, insurance companies, banks and building societies have contracts which means they can them with a minimum of 30 days notice in writing to you alter parts of their agreement, I think you will have difficulty with this. Unless you have kept every bit of paperwork sent to you from the company with the envelopes to show the postmarked date.

Also if you find a clause in your contract which means the financial company is not honouring their agreement with you it's very easy for you to follow their complaints procedure and escalate it to the Financial Ombudsman Service for less than £5.

For small amounts if they ignore your letters, you find clauses that breach their agreement or you find clauses that breach another law they will write the debt off.

poker_face

[quote=[Deleted User];14862615]Yes. Does sound a bit of a scam wanting almost £400 up front with no guarantees.

However, they pray on peoples greediness whos eyes light up when they think they can get away with paying £1000s worth of credit card debt.

Something tells me its not that simple though...[/quote]

Plus if it were true wouldn't we all have done it by now, and the banks would be even more skint

galileo

If it sounds too good to be true, it probably is.

PROLIANT

Still trying to avoid repaying our debts? Must be nice in your world of
"selfish", if I bumped all of my creditors I would save over £500 per month,...but I choose not to and intend on paying every penny back, even if it means I eat a little less every week, how you lot can even dare to try and get away with this scam is disgusting, I hope you pay heavily for it and your credit ratings are ruined....you don’t deserve credit you are irresponsible and greedy selfish people.

angelwillow

How nice that you can do that in your nice self-righteous world. Do not critise others if you don't know all the facts and they won't do the same to you.
Not everyone deliberately runs up debt with no intention of paying it back as you seem to be suggesting.

PROLIANT

angelwillow wrote: »

How nice that you can do that in your nice self-righteous world. Do not critise others if you don't know all the facts and they won't do the same to you.
Not everyone deliberately runs up debt with no intention of paying it back as you seem to be suggesting.

Then why not pay it back? Ah yes, the good old British way of "pass the buck" and the "blame culture", when will people choose to take responsibility for there actions instead of blaming others for their incompetence/ignorance? I am not self-righteous, I just choose to prioritise thing in my life, including my finances, it is people who claim unlawfully, steal and deceive for personal gain who I have a problem with, ergo those on this Digital Bandwagon MSE who scam Banks and Finance Houses because they are too limp and greedy to repay back their money that they borrowed, if you get in to financial difficulty then re-prioritise and take responsibility, plan be pro-active etc etc...Or just declare yourself Bankrupt and do without credit for a minimum of 6 years, a hard lesson learned I would say.

Jennifer_Jane

angelwillow wrote: »

How nice that you can do that in your nice self-righteous world. Do not critise others if you don't know all the facts and they won't do the same to you.
Not everyone deliberately runs up debt with no intention of paying it back as you seem to be suggesting.

Quite right, angelwillow!

Proliant, just keep your criticism to the OP and don't generalise!

:rolleyes:

NickX

PROLIANT wrote: »

it is people who claim unlawfully, steal and deceive for personal gain who I have a problem with

We have been here before and I know we are not going to agree.

Your viewpoint is one of personal integrity and a moral standing.

However, my issue with the above statement is that I actually agree with you, but the process of challenging legally flawed CCAs doe not fall into any of these categories. It is not unlawful, it is not theft and it is not deception.

Personal gain, sure that may be a motive for going down this route, but monetary gain is the bank's primary objective aswell.

johnllew

Notice how the OP has only made the one post: the one that started this thread. This is happening quite a bit here; someone drumming up business?

angelwillow

NickX wrote: »

We have been here before and I know we are not going to agree.

Your viewpoint is one of personal integrity and a moral standing.

However, my issue with the above statement is that I actually agree with you, but the process of challenging legally flawed CCAs doe not fall into any of these categories. It is not unlawful, it is not theft and it is not deception.

Personal gain, sure that may be a motive for going down this route, but monetary gain is the bank's primary objective aswell.

Totally agree,people who deliberately do it are totally different to those who's circumstances change for whatever reason - just think it's wrong to class everyone the same.
I have no objection to paying back what I owe it's all the 'extras' which may not be 'legally right' which need to be looked into.