Another Debt Bites the Dust
We recognise that it's important for you to see that results can be achieved!
In the case featured below, a friend of the Show ("Paul") was having a real tough time of it. We offered to intervene and help. As you can see, we have been successful (yet again) in freezing the debt.
In this case the Finance Company [which is actually HSBC] says it has made a decision to "stop any further collections activity". In reality - it had little option but to stop collections activity because we gave it no other option!
Banks like to "save face" by making comments of this nature, when in fact they have engaged in practices they shouldn't have.
In our opinion, the Bank can leave an outstanding "debt" on its books forever. Regardless the burning question is this:
Will it ever try and enforce its claim to the alleged debt?
We believe the answer to that question is "no"!
Credit Rating
Paul isn't worried about the Bank's opinion as to his "credit-worthiness" (ie: credit rating).
Remember - a credit rating is just an "opinion" of the Bank as to how good at paying you are.
Paul doesn't wish to ever deal with the Banks again.
If you would like to learn how we raise questions with Banks, you can attend the 4 hour Get Out of Debt Webinar by joining the Insiders and visiting the toolbox.
Here are some other extracts from recently received letters:
And here's the Account Statement to show the Balance was wiped off by the Bank:
Until next time
Big love
Simon & Mark
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