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Has my account been sold on by Barclays?
DGJsaver
Posts: 2,777 Forumite
Afternoon
Does anyone know if `debt managers ltd` are another of Barlcays in house DCA`s or are has our account been sold on at last ?
Cheers
Does anyone know if `debt managers ltd` are another of Barlcays in house DCA`s or are has our account been sold on at last ?
Cheers
0
Comments
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If it's gone to a DCA who is not in-house it still doesn't necc mean it was sold on, independant DCA's are often working on behalf of the creditor, rather than having fully bought it. Does your letter have a "client reference" on it?I refuse to be afraid of the big bad wolf, spiders, or debt collection agencies; one of them's not real and the other two are powerless without my fear.
(Ok, one of them is powerless, spiders can be nasty.)
As of the last count I have cleared [STRIKE]23.16%[/STRIKE] 22.49% of my debt.
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Hi Hannah
It says on the letter `our reference` and `client reference`
And starts off with "Your overdue account has been referred to ourseveles from Barclaycard for immediate collection..."0 -
Basically there is
1. Barclays
2. Barclays Collections
3. Mercers (In-House Debt colloctor)
4. 3rd Part Debt Collector, acting on behalf of barclays.
5. Debt sold to a 3rd party, they collect it themselves or issue it to a 3rd party DCA.
You are [strike]not[/strike] at the (4) 3rd party stage.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0 -
Dark did you mean he IS at (4) because I would have thought his letter sounds like (4) too if so?I refuse to be afraid of the big bad wolf, spiders, or debt collection agencies; one of them's not real and the other two are powerless without my fear.
(Ok, one of them is powerless, spiders can be nasty.)
As of the last count I have cleared [STRIKE]23.16%[/STRIKE] 22.49% of my debt.
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I think DC means IS as well
Thanks both !0 -
Thank you both, I made a typeo. I would think he is at stage 4. Most creditors don't sell debts quickly, if they do the words client tend to disappear and you should be sent a notice of assignment to prove sale of the debt.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0
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