Topic: Revealed: the banks using "pseudo" solicitor firms to make debtors pay up (Read 736 times)
July 04, 2014, 02:45:38 PM
Wonga got caught doing this recently as well. For those that don't know what Wonga is it's a pay day loans company that charges EXTORTIONATE interest rates.
July 04, 2014, 01:57:00 PM
Revealed: the banks using "pseudo" solicitor firms to make debtors pay up
http://www.theguardian.com/money/2014/jul/04/banks-legal-demands-that-scare-customers
<< Threatening legal letters from what appear to be solicitor firms are actually coming from a department of Lloyds or NatWest. >>
There is much talk about customer feeling duped into believing that proceedings are imminent. However, if a customer receives a letter of the kind under discussion, then proceedings really are imminent and they would do well to take the warning seriously.
July 04, 2014, 01:55:24 PM
I am fortunate not to have received such letters from my bank. Banks are quite resourceful in thinking up new ways to scare debtors into paying up. 
July 04, 2014, 01:19:55 PM
Revealed: the banks using "pseudo" solicitor firms to make debtors pay up
http://www.theguardian.com/money/2014/jul/04/banks-legal-demands-that-scare-customers
<< Threatening legal letters from what appear to be solicitor firms are actually coming from a department of Lloyds or NatWest. >>
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