MMF letter re swift sterling pdl - but debt not on credit file

[dx100uk]

MMF is a debt buyer

the debt in all terms to do with the OC is gone

they have written it off against tax

 

 

and sold it on.

 

 

the three letter process is simply a waste of time

 

 

in hold no legal standing whatsoever

and if you have a quick read around

you'll see you'll never get to see the deed of assignment anyway.

 

 

all you do is simply let the DCA know they've found a muppet worth chasing

if start using those silly letters.

 

 

as with all dca's its much better to simply ignore them.

 

 

don't forget they are NOT BAILIFFS

and have

 

 

NO SUCH LEGAL powers

 

 

why respond at all to a phishing attempt??

 

 

dx

[madmatt101]

I recently complained to Swift Sterling about irresponsible lending and they got my account back from MMF and cleared the balance as a goodwill genture

[hypuk]

Hmmm It's all a learning curve to me

 

But thanks to everyone who's chipped in as this forum seems to be the most active and current from the others

 

So what is the best way to complain to Swift Sterling for irresponsible lending?

 

As I doubt they even did a credit search on me before issuing me with the loan, I can't remember the what I did in order to give me the loan to be honest.

[madmatt101]

First of all you need to get some information from Swift sterling,

you can ask them for a complete history of your account with loans taken, interest added, charges and dates.

 

They gave me what I asked for, but I was specific in what I wanted.

 

The email address I used to get the information was complaints@swiftsterling.co.uk

 

If they dont give it all to you you will have to SAR them which will cost £10

 

When you have all the information you can then see if you can make a complaint.

[obiter dictum]

My opinion will be to do nothing, the last thing you need to be doing is to acknowledge the debt in any way in this situation

[madmatt101]

true, It depends how close to SB it is.

 

Mine was 3 years away so I went through the complaints route.

 

If there's not long left leave them alone

 

By the way, MMF didn't show up on Noddle for me,

 

they did show up on my equifax report though

[dx100uk]

First of all you need to get some information from Swift sterling,

you can ask them for a complete history of your account with loans taken, interest added, charges and dates.

 

They gave me what I asked for, but I was specific in what I wanted.

 

The email address I used to get the information was complaints@swiftsterling.co.uk

 

If they dont give it all to you you will have to SAR them which will cost £10

 

When you have all the information you can then see if you can make a complaint.

 

 

^^^^ the way to go.

 

 

dx

[hypuk]

I took the loan in 2011 so there's 2 years left on it.

 

So I'll probably leave it.

[madmatt101]

2 years left is a while to wait, espscially if you can get money back from swift sterling and get them off your back

 

besides it would be 6 years from last payment when did you last make a payment to this?

[stuckinarut11]

I've had a similar issue.

 

Swift sterling have had restrictions imposed on there licence they are no longer issuing loans.

 

All loans have been sold to MMF.

 

After speaking with swift sterling via live chat I have been advised to email

 

Complaints@swiftsterning.co. uk

I've had to put a space to allow email to be posted.

 

It appears they are writing off loans should people contact them directly.

 

I'll update once I have an email reply from then. Good luck with yours