Cogent Collections Ltd

[Ocelot0411]

Hi has anyone heard of this company before? I have googled them and found nada which is quite odd.

 

This is in respect of a debt they have purchased from someone else and I have just got a solicitors letter about it, but I have had no contact from Cogent at all and need to get in touch with them.

 

Any ideas?

 

Thanks

[dx100uk]

some two bit spoof DCA

 

i'd not be contacting them

 

dx

[BRIGADIER2JCS]

I thought Cogent produced ''debt collection'' software??

[citizenB]

http://companycheck.co.uk/company/08312380

 

http://www.companieslist.co.uk/08312380-cogent-collections-ltd

 

There doesn't appear to be very much about them on a google search.

 

They seem to be in Kent.

[twoman]

Hi All,

Tried to post an image of their registered address but cocked up again!

It looks like a converted house into 4 flats.

Another rogue trader!

[citizenB]

Hi All,

Tried to post an image of their registered address but cocked up again!

It looks like a converted house into 4 flats.

Another rogue trader!

 

 

http://www.companieslist.co.uk/08312380-cogent-collections-ltd

 

If you scroll down to the bottom of this link it shows the property.

[BRIGADIER2JCS]

Is this an offshoot of the software and collections company from Michigan I wonder?

[oleg]

Imraj Jabbal, who is noted in companieslist as having been a director of Cogent for less than a month, calls himself on his linkedin profile (where he poses as quite the dandy) Team Leader at CFO Lending, formerly Capital Finance One, "the payday lender that charged 16,734,509.4%" (Guardian 16 March).

I don't know whether this implies a business link between Cogent and CFO; we all know how murky the depths of the bog.

#justsayin

[dx100uk]

aha CFO, yes tallies

 

the other one used this week has been LC solicitors by CFO too

 

new spoofing tactics me thinks.

 

designed to make the punter think there is a whole industry

behind getting this money back

 

when in fact its one bloke

just changing skirts and desks and letterheads

 

 

 

dx

[Ocelot0411]

All very interesting - the other thing I think I have found after a bit more digging is that this DCA don't seem to have a Consumer Credit Licence. Surely they have too if they are to act as a DCA?

[citizenB]

All very interesting - the other thing I think I have found after a bit more digging is that this DCA don't seem to have a Consumer Credit Licence. Surely they have too if they are to act as a DCA?

 

Yes, I think they do.

[Ocelot0411]

Interesting................................

[BRIGADIER2JCS]

Yes lic in place.

[Ocelot0411]

Sorry do you mean they do have a CCL? I couldn't find them on the register. If so what numebr is it please?

[Ocelot0411]

bump - sorry Brigader can you clarify if this company does have a licence as if so I cannot find it? Thanks

[Ocelot0411]

Hi there

 

Apologies as I am no doubt being a bit thick here but I am looking for the specific part of the OFT Guidelines that says companies are not allowed to do this CFO resolve thing, i.e. encourage people to get into further debt etc

 

I have had a look through OFT664Rev but can't see it.

 

Can anyone help please?

 

Thanks

[Ocelot0411]

Bump

[sillygirl1]

What do you mean by the CFO Resolve thing? Is it taking one big debt to clear other debts - if so that is rather dodgy advice anyway, is it them taking all your debts then taking one payment from you to cover them? That too is not the best way of dealing with some debts.

[ims21]

Hi there

 

Apologies as I am no doubt being a bit thick here but I am looking for the specific part of the OFT Guidelines that says companies are not allowed to do this CFO resolve thing, i.e. encourage people to get into further debt etc

 

I have had a look through OFT664Rev but can't see it.

 

Can anyone help please?

 

Thanks

 

 

Hi

 

Have a look at 3.7(b) on page 23 here

 

http://www.oft.gov.uk/shared_oft/consultations/OFT664Rev_Debt_collection_g1.pdf

[ims21]

What do you mean by the CFO Resolve thing? Is it taking one big debt to clear other debts - if so that is rather dodgy advice anyway, is it them taking all your debts then taking one payment from you to cover them? That too is not the best way of dealing with some debts.

 

CFO Resolve....all part of Capital Finance One (CFO) payday lender

[Ell-enn]

This CFO Resolve is extremely dangerous - they tell you that you can pay the loan you already owe them (and which you will have no doubt defaulted on) without interest and they will also give you a further "top up" of £XXX in your bank straight away. What actually happens is that the debtor takes up the offer, gives new card details......... CFO decide not to grant the top up and, having now got your new card details, empty your bank account for payment of the old loan ! Bingo - debt collecting done!

[Ocelot0411]

Ah bingo IMS21!! Don't know why I couldn't find that before, cleary was being totally dim Thanks for the responses all that's exactly what I was looking for.