MCO Capital loan

Oldbloke_2

Calm down guys!

As I've said before, MCO should submit accounts by the end of the week, and I think it's unlikely to happen. No-one trading in our country 'legit' would leave publishing their financial information to the last minute or have recorded that they are a 'Non-Trading Company Dormant' attached to their credit record. Every registered address for every element of the company and it's Credit Licence is at Imperial House. I'll see what I can find out about the Registered Auditors a bit later and let you know.

Oh, and by the way, MCO's credit rating is £0.00. Not very good for a finance company!:rotfl:

colinho

beatfraud wrote: »

The Warwick address is owned by Warwick University Science Park. In response to an email I sent yesterday, I have had the following email from the centre manager of the Warwick address.
The book-keeping and helpline services for MCO Capital are at the Innovation Centre. It's registered office is 5th Floor, Imperial House, 15-19 Kingsway, London WC2B 6UN.

This is a legitimate company making short term loans to individuals. It is not a "scam".

The letters which are sent out come from the collection agent used by MCO Capital, Intrum Justica, on the basis that the information supplied to MCO Capital is correct.

You should contact the 'phone number on the letter and tell Intrum Justica that you have no knowledge of the loan. A brief letter to the registered office would be an added security.

The collection process will then be halted and an enquiry instigated.

I had my second MCO letter on Saturday and today I have sent via recorded delivery a second letter to the Imperial Hs address and for good measure I have also sent a copy of letter to the Portland Hs address.
Not really expecting a reply but if I do receive one I'll let you know.

Interesting reply. It would be fascinating to know how anybody could describe loan sharks as "legitimate", and to suggest that it isn't a scam.
Perhaps the centre manager has a good relationship with his clients, and has spring to their defence, without being aware of the facts? helploan website has only existed since March.
I still believe that the various bits of data unearthed in this forum, and the behaviour of MCO, make the whole "Helploan" ID Theft issue at best, questionable, at worst, a significant scam.
Any human beings preying on vulnerable people, are unworthy of any term such as "legitimate" (in fact, they are unworthy of oxygen) - it's probably indicative of the state of the UK, that it seems Estonian sharks can get away with ripping off UK citizens, whilst Estonia has thrown them out. If you haven't already written to your MP, now would probably be a good time.
I wonder if, once we have sent recorded delivery denials, we should add a rider, that "any future correspondence will require a payment of £ 25.00 for a letter, and a charge of £ 5.00 for each copied attachment. Payment will be required within 7 days, failing which, proceedings will be issued for recovery in the **** (your local small claims) court. By accepting this letter, you agree to these terms."
I would be quite happy to issue proceedings against them, win or lose.

CvPiper

Got a letter from this !!!!! outfit yesterday, so have emailed and posted recorded telling them in no uncertain terms to f-off. I also called but they seem as stupid on the phone as they are in the letter.

So all in all its cost me subscription to Experian, Recorded letter, and roughly 3 hours of my life, plus phone calls, so the best part of £100 so far - almost easier to pay it :lol

Oldbloke_2

Wow, what an evening I had...very interesting.

The more you dig the more complex this gets. Anybody thought of contacting Watchdog at the BBC?

Questions keep coming to mind...I saw a post about someone visiting Imperial House. I did a streetview through Google and it doesn't look like a very pleasant place. Were there any businesses operating from the fifth floor, or were all the letters to MCO just at reception?

And a question to Beatfraud,

The information from Warwick that you posted states 'Intrum Justica'. Is that exactly how it was spelt, as that company does not exist. There is a debt company called INTRUM JUSTITIA LTD. (Appear to be a massive organization with offices worldwide, and....wait for it, they have offices in Tallinn, Estonia, and Finland) This could either be an intelligent person trying to make out that the letters came from them or someone less intelligent, who couldn't spell the name right!

At the moment, I would not suggest that anyone responds to the first letter they get, despite what Action Fraud are saying at the moment.

One final question: Does everybody have the same account details for making the alleged payment? I've got HSBC, Sort: 404319, A/C:73663361, Account Name: MCO Loan Payment account.

Am going to try and contact Action Fraud again today, but will not send a response to MCO. Surely if MCO are innocent, they would have posted a credit agreement to each person who's received a letter demanding payment. They have to give a fourteen day cooling off period, by law.

Will keep digging and post what I can later.....

geomacl

Oldbloke wrote: »

Wow, what an evening I had...very interesting.

The more you dig the more complex this gets. Anybody thought of contacting Watchdog at the BBC?

Questions keep coming to mind...I saw a post about someone visiting Imperial House. I did a streetview through Google and it doesn't look like a very pleasant place. Were there any businesses operating from the fifth floor, or were all the letters to MCO just at reception?

And a question to Beatfraud,

The information from Warwick that you posted states 'Intrum Justica'. Is that exactly how it was spelt, as that company does not exist. There is a debt company called INTRUM JUSTITIA LTD. (Appear to be a massive organization with offices worldwide, and....wait for it, they have offices in Tallinn, Estonia, and Finland) This could either be an intelligent person trying to make out that the letters came from them or someone less intelligent, who couldn't spell the name right!

At the moment, I would not suggest that anyone responds to the first letter they get, despite what Action Fraud are saying at the moment.

One final question: Does everybody have the same account details for making the alleged payment? I've got HSBC, Sort: 404319, A/C:73663361, Account Name: MCO Loan Payment account.

Am going to try and contact Action Fraud again today, but will not send a response to MCO. Surely if MCO are innocent, they would have posted a credit agreement to each person who's received a letter demanding payment. They have to give a fourteen day cooling off period, by law.

Will keep digging and post what I can later.....

Hi Oldbloke
The bank details on my letter were entirely different from yours. Sort code 404878: A/C # 43846601 and the bank name is Nordea Bank Finland plc, London!!
A contact to Watchdog may well be worthwhile - getting Anne R on their tail would be fun to watch!!
I tried to contact Action Fraud again this morning but they were too busy to take my call but promised to call me back later. I called them on Saturday morning and got the same response - they never called back!!! Maybe they've got the message and are working on the MCO case? I winder if they've referred it to the NFIB (National Fraud Investigation Branch) for whom AF act as a gateway?

Oldbloke_2

Looked into the Auditors for MCO, although why a dormant non-trading company would have auditors is beyond me!

GERALD EDELMAN. A well respected firm of Chartered Accountants. Can't just contact them to see if they do act for MCO, due to data protection, confidentiality, etc.

What is going on!!!

Oldbloke_2

geomacl wrote: »

Hi Oldbloke
The bank details on my letter were entirely different from yours. Sort code 404878: A/C # 43846601 and the bank name is Nordea Bank Finland plc, London!!
A contact to Watchdog may well be worthwhile - getting Anne R on their tail would be fun to watch!!
I tried to contact Action Fraud again this morning but they were too busy to take my call but promised to call me back later. I called them on Saturday morning and got the same response - they never called back!!! Maybe they've got the message and are working on the MCO case? I winder if they've referred it to the NFIB (National Fraud Investigation Branch) for whom AF act as a gateway?

I thought a sort code starting 40 is an HSBC account?
Anybody got any other bank account details?

geomacl

Oldbloke wrote: »

I thought a sort code starting 40 is an HSBC account?
Anybody got any other bank account details?

I Googled the sort code and it does come up with the Nordea Bank, Basinghall Street, London

Oldbloke_2

I found out the same, having already made my last post, oops...

Oldbloke_2

Lets see if there are any other bank details being thrown about....interesting.