Friday, 22 May 2009

Warning.

We hear that with more people falling into debt due to the recession and credit crisis, some of the debt collection companies are turning to ever more intimidating tactics to recover debts that are still outstanding. We hear that at least one company has been phoning those who owe money demanding that they make substantial down payments before they will arrange payment plans and suggesting that people take on extra financial burdens to pay off existing debts. Such tactics are in contravention of the debt collectors own code of conduct and should be reported. Anyone receiving threatening or intimidatory calls from debt collection agencies should contact National Debtline by phone for advice, or, visit their website that contains a large archive of material regarding debt and how to deal with it at all stages. The NDL website can be found at:

http://www.nationaldebtline.co,uk/

Phone. 0800 808 40000

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