Payday loan - proof of residence

DCFC79

mkman wrote: »

There must presumably be some logic that is way beyond me, but I still don't understand why any reputable business would want to loan money to anyone without verification of where they live. Sounds like a recipe for disaster to me!

If joe bloggs is still registered (with CRA and on electorol roll) at address 1 yet lives at address 101 then its not the fault of the PDL

~Brock~

mkman wrote: »

There must presumably be some logic that is way beyond me, but I still don't understand why any reputable business would want to loan money to anyone without verification of where they live. Sounds like a recipe for disaster to me!

I think you hit the nail on the head right there.....

mkman

DCFC79 wrote: »

If joe bloggs is still registered (with CRA and on electorol roll) at address 1 yet lives at address 101 then its not the fault of the PDL

Indeed, except the person in question here has never been registered at that address with the CRA or Electoral Roll. He just gave that address when he applied for the loan.

That is my whole point, it is way to easy to just give any old address and get a loan. I think I may pick a random address out of the phonebook and get myself a loan from Wonga.com!

DCFC79

Well I always assumed financial companies checked the address was correct for applications.

mkman

It appears not. The DCA person said that quite often these days addresses are not checked and that the applicant is trusted to provide their address! Seems unbelievable to me!

27col

As I said before, the fact that your parents are receiving mail meant for someone else can hardly be said to be harassment. If they get no response from your parents, eventually they will get fed up with writing. Ignore, ignore, ignore.

CHR15

mkman wrote: »

Seriously though, I think there is a world of difference between receiving spam/junk mail on your door mat, and receiving threatening letters that worry the life out of pensioners!

It's only threatening to them whilst they continue opening mail which isn't addressed to them and has nothing to do with them.

Don't they have anyone to talk to them and tell them the letters are of no concern to them?

duchesspink1

can you not explain to your parents that opening the letters only causes them worry and they are best to bin them.

they've explained that its not their debt etc and nothing will happen as a result of it?

surely that would make them feel a bit happier if they understood the situation wouldn't affect them

Chrissiew

I dont understand how a loan company, especially a PDL company can say a borrower can use any old address and its often not checked, when you put your bank details in it will automaticaly check them against your address so if you put a different address to the one you registered with your bank it will come back as a negative application.

WhiteHorse

mkman wrote: »

With regards to 'not known at this address, return to sender', my parents have tried this repeatedly and have STILL received further letters from the company ...

DCA's normally ignore this.

It appears as though the only way to get them to listen is to phone them!

They will often ignore this too. Make sure you use 141, otherwise they will note your number and then subject you to incessant telephone calls.

They are best notified in writing, so when they ignore that, you can report them to ICO.

Imagine you were a pensioner and were not up to speed on current laws regarding liability for debts and credit blacklisting, and you received a letter threatening to send baliffs round to your house. Could you honestly say that you wouldn't be a tad concerned?

You are right to take this seriously. DCA's routinely terrorise people who they know don't owe the money.