After my recent explanation of poverty (causes) I am going to nominate lowell.co.uk
So to cut a long story short, we are talking about a company that buys debt, real or imagined in some cases, and it brings me to a time many years ago where I fell out with a company, they were in breach of contract, I told them so, withdrew payment and said, “Then take me to court”, funny enough they did not.
So rock on over 10 years and I receive a mysterious text on my phone.
“Has Covid effected you? if so call this number quoting this reference number”
I did not, in fact I received a few of them, and then a rather officious letter demanding moneys with the same reference number as the Texts.
I then took the time to do a little digging into lowell.co.uk and discovered that they were a legitimate debt collection firm using some rather underhanded tactics.
Debt (real or imagined) has a statue of limitations to it and a debt must be collected within that period, then it dies…….unless the debtor admits to the debt at a later time and the debt is then reopened.
lowells as a company buys aged debt and then pursues it, in some cases very old debt, they then go about systems of entrapment where by they lure the gullible person into admitting a previous debt and then pursuing it.
So to whit, I have received a number of letters, some of which offer amazing discounts on my imagined debt, others offering easy payment options.
To be honest I have not laughed so much since a company calling its self “Credit And Recovery Services” sent me a letter asking me to make an appointment with them so that a bailiff could remove property from my house (That was an insurance breach of contract, failure to provide an insurance policy by the provider so I stopped my cheque)
Watch out folks, there are some right cunts about!
https://lowell.co.uk/
Nominated by: lord benny(not quite deceased, but close)