Credit Card whole balance reclaim??

Treehuggermum

Hi all.
A friend of mine has said that she has heard of a company that will attempt to reclaim the whole balance of a / any credit card provided the credit card limit has been increased without consent or request.
The company charge 300 for this service.
Wondering if anyone knows if you can do this yourself, r if there are any templates online???
Many thanks.
T H M

KingElvis

If you buy into that one, I've got a nice bridge to sell you.

Esoog

Hello!

My friend (ie me) has heard this is a scam believe it or not

Treehuggermum

I hope not, she has already given them 300 and they have told her they can hopefully have her paid off by Xmas...
PS It really is a friend and isn't me...

michaelvintner

Treehuggermum wrote: »

I hope not, she has already given them 300 and they have told her they can hopefully have her paid off by Xmas...
PS It really is a friend and isn't me...

Give me her phone number and address. I'l go around and see if I can con £300 out of her.

Treehuggermum

Thats nice and helpful of you, thanks for your concern. Why bother writing that???

nzseries1

The bad experiences on this thread:
https://forums.moneysavingexpert.com/discussion/1951325
Should be enough to put you off. Not exactly the same company, but I haven't heard of many (if any) success stories from anyone who wasn't a first-time poster.

ILW

Treehuggermum wrote: »

I hope not, she has already given them 300 and they have told her they can hopefully have her paid off by Xmas...
PS It really is a friend and isn't me...

Your friend WILL lose the £300.00.
If she stops making payments on the card she will be defaulted and have real problems if she wants to get any future credit, mortgage, telephone contract etc.
She would have been better off putting the £300 towards her debts.

sharpy2010

Anyway, serves her right that she's been conned, trying to pay £300 to basically try to fraud the credit card company out of money she owes them.

lewis090302

I had a company call me today to say if i gave them £250 they would look back into my credit history they would get all of most of my credit squashed if the credit card company had increased my credit balance and i had not signed anything? i thought this was too good to be true, after a long phone call and some harsh comments i finally ended the call as i would not hand over any cash and the man on the other end of the phone was not a happy chap.

I would be interested to see if this can be done yourself but it looks like it can not be done any thoughts anyone???

lewis090302

lewis090302 wrote: »

I had a company call me today to say if i gave them £250 they would look back into my credit history they would get all of most of my credit squashed if the credit card company had increased my credit balance and i had not signed anything? i thought this was too good to be true, after a long phone call and some harsh comments i finally ended the call as i would not hand over any cash and the man on the other end of the phone was not a happy chap.

I would be interested to see if this can be done yourself but it looks like it can not be done any thoughts anyone???

After some more looking around its seems like a scam, and only one good post about them emm yes i do think this is fishy