"Write Off" your debt companies

Evans1882

cant get in contact with credit clear uk web site down phones just keep rining anyone herd of th edemise of this company

fermi

Evans1882 wrote: »

cant get in contact with credit clear uk web site down phones just keep rining anyone herd of th edemise of this company

https://www.claimsregulation.gov.uk/details.aspx/13650/Credit_Clear_UK_Ltd/?search=simple&business=&authID=13650&sector=-1&county=-1&status=-1

Business Name: Credit Clear UK Ltd
Address: Walton Lodge
Hill Cliffe Road, Warrington Town/City:
Postcode: WA4 6NU
County: Cheshire
Trading Names: No Trading Names
Sector: Financial products/services,
Status: Authorisation Surrendered

So effectively out of business

skiversinc

Has anyone heard of Infinity Compensation? We've just had a call from them, suggesting that they can use various loopholes to write off our credit card debt with Halifax. Apparently, so they say, Halifax have been fined £4m for breaches of terms & conditions.....
They suggested that since 2007 when new regulations were introduced (funny, I've not seen that on here) we should have been sent new credit agreements every time they change the interest rate, plus when our limit has been increased.
They claim that they are working on behalf of the Government legal department (I tried to get him to elaborate on that but didn't get very far) and that the government are forcing banks to comply.....
He went on to say that it is the underwriters that will end up paying the debt & that Halifax will get thier money & that we would have our debt written off.

I'm one for believing that if something seems too good to be true, then it generally is. This claim seems to be too good to be true... They did push for personal information, date of birth, credit card number etc (as if!!).
He suggested to look into their website (infinity compensation (one word)) and also the ministry of Justice site. I checked & they are Authorised to carry out claims management services.

I've asked for a copy of EVERYTHING in writing, that way I can take it apart & report them if what they're claiming is untrue.

Just wondered if anyone else has heard of this company & method of approach?

I've read the debt write-off posts, but to be honest, they baffle me. Please feel free to give me a plain English version of what's allowed & what's not, as I'm not too good at getting around all the legalese....

wendyjo1

wendyjo1 wrote: »

I did the same thing last night and I haven't slept a wink!! They say if it sounds too good to be true then it usually is. My husband went mad. They've charged 2 of my cards as I didn't have enough credit on the one I want rid of. Anyway, I phoned the CC companies and reported my cards as lost so they're blocked now although 1 of them mentioned the payment so I said I'd never heard of them so they're investigating. I've also emailed CR to tell them I've changed my mind and would like my payment refunded. They did say they have a 14 day cooling off period so they should honour that. no doubt I'll be getting phone calls from them today.
I didn't like the urgency they had for you to part with the fee. So why did I do it??? I dunno, just felt incredibly pressurised.

Quick update - refund cheque for the full amount received this morning!! Sigh of relief

BigCraigJohn

Please don't pay anyone for something you can do yourself.
Read this site properly and decide if it's something you want to get into, you will get 1 to 1 advice for free and he won't charge you either. There are template letters etc on there.

http://forums.all-about-debt.co.uk/viewforum.php?f=13

master53

I am considering transferring to them from Payplan any advice

madkoi

Do they charge? If they do then I wouldnt swap it! Personally I havent heard of them. Could you not contact your creditors yourself & arrange payment plans?

master53

yes they charge a set up fee of £100 + 10% of whatever you owe

fatbelly

master53 wrote: »

I am considering transferring to them from Payplan any advice

Don't!

You've got creditors that need paying. Why would you want to find someone else to pay money to?

What's the problem with Payplan?

bargainbetty

Why would you want to do this? Have they promised to cut the debts in half or some such nonsense?

Payplan or CCCS - free, helpful and respected in the financial industry. Why pay someone for something you are already getting for free?