To Do If You Get A Nasty Letter or Phone Call From:
Credit is a debt purchasing company or debt collecting company which
is listed in the website of the DBSG
(The Debt Buyers and Sellers Group) and/or mentioned in consumer finance
forms. They have a legitimate function as debt collectors, but there
is some indication that some such companies (not necessarily Allied
Credit), and especially the debt purchasing element, go a bit too far
sometimes and can make people's lives a misery when those same people
are at their most vulnerable. We do not suggest that they are acting
outside the law, but getting that letter or phone call is not exactly
helpful to you right now.
So the first thing
you must do if Allied Credit is bothering you is not to panic
or despair. That's just what they want! They'd love you to
call their number and speak to their specially trained sales team for
'advice'. But once you do that you'll be suggestible to whatever they
tell you, instead of getting independent advice. While we always say
that you should keep an open dialogue with debt collectors, we would
recommend that you do so in writing only. This will prevent them 'railroading'
you into any action which is not in your best interests, as they so
love talking people into doing things on the spur of the moment. Of
course, they are only doing their job, but that's hardly a consolation
for you in the present situation.
There are several
courses that are open to you, and some will suit your own situation
better than others.
A sensible option,
we would suggest, is a debt management plan or even an IVA - which is
designed to actually write off a large chunk of your unsecured debt.
But you would need to take advice on this and look at your income and
expenditure in detail. This option won't suit everyone. There's more
on this below.
As an alternative
you could apply for a 'logbook loan' which many people
find a very handy option. It is actually a loan secured on your car,
except you get to keep the car and keep the cash as well! That's why
some people find it such a good idea, as it unlocks the equity in your
vehicle without taking away your means of transport (there's no need
to sell the car). To apply
for a logbook loan click here.
Yet another option
is a no credit-check guarantor loan. This is especially
useful because your own credit rating is not looked at; you must find
someone else willing to act as a guarantor for you such as a friend
or family member. This is an ideal solution if you're at the stage where
your credit profile has been downgraded by recent events, etc. So click
the following link for Unsecured Loans
that don't need you to be credit checked.
If you wanted to
try a debt management plan, then we provide a whole-of-market service,
with a number of debt management experts on our panel. So whatever your
circumstances, your application will find the plan for you, meaning
the optimum outcome for your situation. It also means
there are no minimum requirements for debt levels or income.
So apply for a debt management plan using the form below.
Also Known As: Allied International Credit (UK) Ltd, Allied Credit
Address: Anderston House, 389 Argyle Street, Glasgow G2 8LR
Telephone: 0141 2263111
Fax: 0141 8470203
Email: [user] @aiccorp.com
Extra Data: Specialists in "send the boys round" type bright
coloured postcards (against OFT rules). See the interesting case notes
below from the forums.
Get a free QuickCreditScore
check by applying
Allied Credit and
the Truth About Your Debt
Allied Credit is
a debt collecting agents that has purchased the debt account from the
original lender (or in some cases an intermediary or third party) for
about 10 percent or less of the original value and is trying to get
the full sum of the original from you.
So ask Allied Credit
for a copy of the original contract when you took out your loan or credit
Free Invoice Finance Quotes
There are a number of resources to allow you to apply for Free Business Factoring Quotes and also Free Invoice Factoring Quotes . You can also check out our Free Invoice Finance Quotes service in order to get Free Invoice Financing Quotes and Free Invoice Discounting Quotes.
Data On Allied Credit
thanks to the excellent Consumer Action Group forums for these extracts:
have been chasing me for a while and I found this site in November
2008. On 4th November I wrote to them asking for a copy of the Credit
agreement using the template found on this site. I enclosed a £1
postal order and the letter was sent recorded delivery which I tracked
and it was delivered. I had no reply from them (but many phone calls)
On Dec 7th I sent them the follow up letter (recorded delivery) again
the template I found on this site. I also wrote to them asking them
not to contact me by phone (recorded delivery again) but in writing
only they still regularly ring my daughter. Today(14th Jan) I received
a letter from Tesco, dated 8th January, saying that they received
my letter dated 4th Nov on 10 December enclosing a copy of the Allied
Credit agreement. This is way outside the 12 days and 30 days required
by law for their reply.
you have any information that you would like honest people to know
about Allied Credit then send us an email in complete confidence and
we will try to corroborate it with the clowns involved.
Allied Credit web page is part of DPC Registry. Consumer Credit Licence
be aware that figures entered need to be accurate by law, and to give
the best service to you. It is extremely important that you budget for
all necessary expenditure including rent or mortgage, council tax and
utility bills, etc., and any other necessary outgoings related to the
upkeep of your household and in relation to any specific circumstances
which may apply to you or your household. This website only collects data on behalf of
debt management professionals, from which it will receive affiliate
remuneration for data collection only and does not itself engage in
any debt management services. Other debt management options are available
and may be more suitable. People entering into an IVA or debt management
will have this entered on their credit profile and this may affect their
ability to get credit in the short term or even in the long term in
some cases. It is free to apply from this website; you will be given
advice by debt management professionals and a 'cooling off' period,
by law, to decide whether or not the debt management plan is suitable
for you, and you should be aware that a fee will be chargeable upon
a successful arrangement, as with any commercial transaction. Failure
to meet the repayments on an IVA or any debt management programme may
result in serious consequences, including, but not limited to, bankruptcy.
Bankruptcies, CCJs and similar defaults will be entered into a public
register and will remain there for a statutory period of not less than
six (6) years.
Allied Credit website is part of DPC Registry website group. All rights
reserved. Complaints Against Allied Credit.
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