And so it begins...

[Never-In-Doubt]

Re: And so it begins...

No, I won't be ringing them. I last had "contact" with them in October, I started another thread about them at the time... so it's taken them this long to find my address.

I'm waiting for letters offering me money off my debt now :niddy

Cheeky bastards cannot do this, it is forbidden to lie like that to get you to come out of the woodwork....

I would take this and report it to the FOS asap as this could lose them their licence....

BUT in doing so will confirm you are resident there.... so up to you how you approach it really.

[asm76]

Re: And so it begins...

I'll keep schtum I think

[CleverClogs (RIP)]

Re: And so it begins...

Yeah, but it goes back to what I've previously said, why not just go to court and secure a payment for the full amount rather than bother faffing about with letters, threats and offers of 50% discounts... ? lol

This is because they know that winning in court - assuming that they can win in court and that the debt does not prove to be unenforceable - is only part of the battle. They'd then have to secure payment on that CCJ or otherwise enforce that judgement, which may prove impossible to do.

Hence, it's generally easier and cheaper to con, cajole or terrorise people into paying.

[asm76]

Re: And so it begins...

The whole debt collection industry is a joke really. 3/4 years ago I used to be worried about getting their letters and phone calls, to the point where I'd lose sleep, eventually leading me to drinking more and more to forget about it.

Now I just laugh at their pathetic attempts to bully people into parting with their money.

[asm76]

Re: And so it begins...

I got another "Notice of application for credit" letter from Link this morning, exactly the same as the last one

Continuing to ignore

[caspar]

Re: And so it begins...

Absolutely right. Until they have something useful to say ignore them!

[Angry Cat]

Re: And so it begins...

Naughty Link Financial Outsourcing (LFO)!

The OFT imposed 'Requirements' on Link Financial Limited:
http://www.oft.gov.uk/shared_oft/pre...quirements.pdf

Paul & Selina B then set up a new company Link Financial Outsourcing, which was funded by RBS, I believe.

It has also been noted that, LFO are bombarding consumers phones informing them:
there is some old mail that has been returned to us and we require confirmation of your address, in order that it can be delivered. Plus other urgent matters that they need to discuss; please contact us in the next three days.

[MustGetStraigh]

Re: And so it begins...

Naughty Link Financial Outsourcing (LFO)!

The OFT imposed 'Requirements' on Link Financial Limited:
http://www.oft.gov.uk/shared_oft/pre...quirements.pdf

Paul & Selina B then set up a new company Link Financial Outsourcing, which was funded by RBS, I believe.

It has also been noted that, LFO are bombarding consumers phones informing them:
there is some old mail that has been returned to us and we require confirmation of your address, in order that it can be delivered. Plus other urgent matters that they need to discuss; please contact us in the next three days.

Oooh naughty. Hope they get rapped for it quick.

[asm76]

Re: And so it begins...

Nothing ever seems to happen to these companies that break the rules continuously though.

Quick slap on the wrist on they're up to old tricks again.

[CleverClogs (RIP)]

Re: And so it begins...

Naughty Link Financial Outsourcing (LFO)!

The OFT imposed 'Requirements' on Link Financial Limited:
http://www.oft.gov.uk/shared_oft/pre...quirements.pdf

Paul & Selina B then set up a new company Link Financial Outsourcing, which was funded by RBS, I believe.

One wunch supporting another.

I note that, although LFO has its own Consumer Credit Licence, 0632508, issued on 02-Dec-2009 [1], it shares the same address as Link Financial (licence 0446835) and some of the same trading names, too - Elmwood Park, Instantsilver and Thesis Servicing.

How can two companies share three of the same trading names? Did none of the dopey, dozy dormice at the Office of Faffing and Twaddling even bother to check?

[1] Hadn't the OFT stopped putting licence application forms on the back of cornflakes packets by then? Still, it could have been an old packet.

It has also been noted that, LFO are bombarding consumers phones informing them:
there is some old mail that has been returned to us and we require confirmation of your address, in order that it can be delivered. Plus other urgent matters that they need to discuss; please contact us in the next three days.

If they do not redeliver the mail they purport to have, might that not constitute the criminal offence of "interfering with the mail", contrary to section 84 1(a) - link - of the Postal Services Act 2000?

[Angry Cat]

Re: And so it begins...

If they do not redeliver the mail they purport to have, might that not constitute the criminal offence of "interfering with the mail", contrary to section 84 1(a) - link - of the Postal Services Act 2000?

Quite possibly, that is if the purported undelivered mail existed in the first place.

One takes an extremely dim view of the bad business practices employed by the Link Financial group of companies...

[Never-In-Doubt]

Re: And so it begins...

One takes an extremely dim view of the bad business practices employed by the Link Financial group of companies...

Quite! Judge Chambers thought so - as we found out with Harrison v Link!

[Angry Cat]

Re: And so it begins...

One wunch supporting another.

I note that, although LFO has its own Consumer Credit Licence, 0632508, issued on 02-Dec-2009 [1], it shares the same address as Link Financial (licence 0446835) and some of the same trading names, too - Elmwood Park, Instantsilver and Thesis Servicing.

How can two companies share three of the same trading names? Did none of the dopey, dozy dormice at the Office of Faffing and Twaddling even bother to check?

[1] Hadn't the OFT stopped putting licence application forms on the back of cornflakes packets by then? Still, it could have been an old packet.

http://www.linkfinancial.co.uk/pdf/P...ber%202010.pdf

[asm76]

Re: And so it begins...

New letter from Link received yesterday:

RE: YOUR AGREEMENT WITH XXXRELATING TO ACCOUNT NUMBER XXX

We write to introduce Link Financial to you. Link Financial is the current owner of the outstanding balance due from you under the Agreement referred to above. XXX has now assigned to Link Financial the outstanding balance due under the Personal Loan Agreement. As a result of this assignment, the full amount of the outstanding balance is due to us immediately.

The total outstanding balance is £xx

We have appointed Link Financial Outsourcing Ltd "Link” to administer and recover this debt on our behalf. In order to discharge the outstanding balance, you should send payment to Link without further delay.

Since you now owe the outstanding balance to Link Financial, you should make no payment relating to the outstanding balance to XXX. Any payment made by you to XXX will take significantly longer to be processed onto you account.

You may wish to take legal advice in relation to this letter. If you wish to take advice, then we suggest you immediately consult a solicitor or your local Citizens Advice Bureau. Should your adviser with to contact Link Financial, they may telephone us or write to us at the address set out at the top of this letter, quoting the reference number. A copy of our internal complaints handling policy is available should you feel you have been treated unfairly by Link Financial.

Should you wish to discuss payment, please telephone 0844 736 8413 on Monday to Thursday 8am8:30pm, Friday 8am to 5pm and Saturday 9am to 5pm. mPlease have a copy of this letter with you when you call us. to

Yours sincerely

(squiggle)

For and on behalf of Link Financial Ltd.



Anyone any thoughts??

[asm76]

Re: And so it begins...

Just wanted to add that the CRA entry for this debt will drop off my file in 5 months.