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HSBC defaulted Loans and Overdrafts, dropped off credit report, paying to MCS?


schwetta
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Its called a managed loan.

 

hsbc had a nasty habit of rolling everything into one loan, thwn cancelling it and dumping everything back into your bank account as a mass OD.

 

type in managed load in our enhanced google search box and get reading up.

 

who are mcs's client..i suspect the debt has been sold to cabot years ago.

 

stop paying.

 

Dx

  • Thanks 1

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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  • 4 weeks later...

not sure where we said give them an email address or send SAR via email but never mind.

 

dx

 

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

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