Ariste Holdings ( Cash Genie )

matttye

Duke203 wrote: »

Do these legalities include completing one's part of a contract?

My opinion, as it was mentioned, is that it is excellent that someone paid off a debt. It's a sound night's sleep knowing that you are not in debt, and I hope the OP enjoys theirs. Well done to the OP in taking their first step towards financial freedom

There are proper channels for debt collection. What the creditor should have done is apply for a CCJ rather than mislead the customer into paying.

I don't know why people think I'm advocating not paying a debt; I'm just saying these companies should play by the rules.

Duke203

matttye wrote: »

There are proper channels for debt collection. What the creditor should have done is apply for a CCJ rather than mislead the customer into paying.

I don't know why people think I'm advocating not paying a debt; I'm just saying these companies should play by the rules.

With all due respect, there are also proper channels for debt repayment too. What a debtor should have done is pay the agreed amount, rather than trying to mislead a loan company (quite humorously, the same loan company) into lending again.

These companies play by a rule set that is dictated by some of their customers, and any underhand tactics play both ways. Rule breaking is fine against someone who cheats

DevCoder

The ideal answer is in the middle of mattye's and Duke203's of course.

matttye

Duke203 wrote: »

With all due respect, there are also proper channels for debt repayment too. What a debtor should have done is pay the agreed amount, rather than trying to mislead a loan company (quite humorously, the same loan company) into lending again.

These companies play by a rule set that is dictated by some of their customers, and any underhand tactics play both ways. Rule breaking is fine against someone who cheats

In what way did he mislead the loan company? They rang him up, asked if he wanted a loan and he said 'yes please.' He didn't seek out a loan, THEY cold called HIM.

It's easy to say 'What a debtor should have done is pay the agreed amount' but, without knowing their circumstances, there could be any number of reasons why they haven't done so.

Companies are expected to behave in a professional, courteous manner. They are supposed to behave to a certain standard. Think about the language people who have public facing jobs might hear, but you'd still expect those members of staff to be professional.

Likewise with debt collection, there are rules and expectations. You can't just do whatever you like to collect the debt.

As I said before, the OP might owe money to other companies. He might have higher priority debts such as a mortgage, Council Tax, rent, etc. to pay for, or food. PDL's shouldn't just empty people's bank accounts. What makes them more important than other bills someone might have to pay? The answer is: nothing. That's why they resort to these underhanded methods, because they KNOW they're at the very bottom of the food chain.

If you actually believe your second paragraph, I have nothing more to say.

DevCoder

Companies are expected to behave in a professional, courteous manner. They are supposed to behave to a certain standard.

So are consumers/ people with morals.

Playing devil's advocate, but you cannot totally cast all blame on the PDL company when the OP would appear to have wilfully deceived the creditor out of repayment of monies owed. Then having not learnt from their ways tried to gain further funds.

Marckopite

I have been to see my Bank today and they told me exactly what i thought it was FRAUD.
They got in touch with Ariste Holdings whilst i was at the bank and went through the legal side of what they did.
I was refunded my £120 that they took out of my account without authorisation.
So it turned out to be a good day for me.

I would like to say a big thank you to MATTTYE for all his advice on here it was a massive help.

DevCoder

So when are you going to repay the debt? (it's still owed you know)

Head over to FDW board rather than taking out another PDL. And say no to further cold calls.

DevCoder

And if you could inform us of what the bank stated regarding the legal side then it would help other forum members.

matttye

krisdorey wrote: »

So are consumers/ people with morals.

Playing devil's advocate, but you cannot totally cast all blame on the PDL company when the OP would appear to have wilfully deceived the creditor out of repayment of monies owed. Then having not learnt from their ways tried to gain further funds.

I disagree. Consumers should be able to speak/behave how they like, so long as they're not rude, aggressive, et al.

For example. I work in a criminal law office. I'm expected to wear a shirt and tie to work and be professional. Our clients swear in normal speech and wear whatever they like. There is no expectation on them to dress or behave the same way that we do. As long as they're not rude to us or aggressive, they can speak how they like.

An individual's account being emptied is likely to affect the individual a lot more than the individual not paying their debt affects the company. This is why companies need to treat debtors with consideration. Yes, debtors should pay back their debts, but it needs to be when they can afford to. If something happens which means the individual can no longer afford to pay back the debt as agreed, there are procedures that the creditor can follow to get their money back. They can't just trick the debtor and clear them out. That's completely out of order.

matttye

krisdorey wrote: »

So when are you going to repay the debt? (it's still owed you know)

Why do we need to know that? Leave the morality side of things to the person who owes the debt.

It's my opinion that a lot of people in this thread have failed to see the obvious wrongdoing by the PDL company simply because the OP owes them money. That's no excuse for their behaviour.

A lot of people owe more money than they can afford to pay every month. Therefore they have to pay priority debts first. Unsecured debts like payday loans are at the very bottom of the pile. If they don't like it, they shouldn't be in the business. What right does the PDL company have to the OP's money over any other creditor, landlord, utility company etc.?

It's up to the debtor to manage their budget and pay debts accordingly; not for creditors to help themselves (unless it is a bank using their 'right to set off').