We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
On the subject of DCA's
LilacPixie
Posts: 8,052 Forumite
As some of you know I have my own business (ltd co) that i run from home with my OH.
We have recently recieved a letter from a well known DCA based in Kilmarnock offering to purchase and 'bad' business debts we may have owed to us for between 5p and 15p per £ owed. The letter then goes on and on about current financial climate, bad debts are increasing, and they are apparently the small businesses solution to bad debtors.
Thought this may be of interest to anyone thinking of offering F&F settlements to these vultures.
We have recently recieved a letter from a well known DCA based in Kilmarnock offering to purchase and 'bad' business debts we may have owed to us for between 5p and 15p per £ owed. The letter then goes on and on about current financial climate, bad debts are increasing, and they are apparently the small businesses solution to bad debtors.
Thought this may be of interest to anyone thinking of offering F&F settlements to these vultures.
MF aim 10th December 2020 :j:eek:
MFW 2012 no86 OP 0/2000 
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards