Complaints Against Mercers Debt Collectors

 

Registry of Debt Collectors

 

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What To Do If You Get A Nasty Letter or Phone Call From:

Mercers Debt Collectors

 

 

Mercers Debt Collectors is a debt purchasing company or debt collecting company listed in the site of

 

 

 

DPC Registry is licenced by the Office of Fair Trading. Licence No. 633327 and are signatories of the Data Protection Act. Reg. No. Z1620707

 

Name: Mercers Debt Collectors
Also Known As: Mercers Debt London, Mercers Debt Collections Ltd.
Address: Citypoint, 1 Ropemaker Street, London EC2Y 9SS
Also PO Box 55, Liverpool L32 8XX
Telephone: Not known
Fax: Not known
Email: Not known
Extra Data: Apparently these secretive people are owned by Barclays.

Mercers Debt Collectors and the Truth About Your Debt

It is best to ensure that you know whether or not the debt collecting company has bought the debt themselves (as a debt purchasing firm) or whether they are doing recovery work on behalf of a client such as a loan company or bank (where they would pocket a proportion of recovered funds in commission). If a letter of assignment has been sent, which the law requires if the debt has actually been sold wholesale, then you will know that the debt collector is the owner of the account and will try to extort as much out of you as they can. When dealing with Mercers Debt Collectors do bear in mind that every penny the collection agency gets is pure profit because they purchased the debt wholesale..

Assuming that you are having to deal with Mercers Debt Collectors then perhaps you can draw comfort that a lot of the things that they are using against you remain illegal. These debt collecting companies (or DCAs) do not seem to be obliged to improve their conduct unless ordered to do so by the OFT (Office of Fair Trading) or similar organisation.

Dpcs turn a healthy profit from purchasing bad debts from other companies for a fraction of their balance value (about ten per cent or even less) and attempt to extort the full value from you. When dealing with Mercers Debt Collectors it is worth bearing in mind that they make their living this way. They will then use all sorts of tricks to get money out of you. That includes scaring folk to the extent that they cannot sleep, their relationships decay and their lives may even be ruined. All because a greedy company obtained the data about an unsecured debt and tried to make a profit from it at all costs.

Some debt purchasing companies (or DPCs) are far worse than others. There are some DCAs who have a sideline in sending off thousands of tentative letters about hypothetical debt telling people they owe money knowing that they owe nothing to anyone. This tactic works well for these debt collecting agencies simply because they have observed that a certain percentage of people will submit to their threats even though they know full well that they have bo debts. The least honest of the debt collecting firms buy information about lists of delinquent debts which are more than six years old to try and profit from these. This is totally against the law. These debts are known as Statute Barred debts, and they cannot be legally enforced.

So ask Mercers Debt Collectors for a copy of the original contract when you took out your loan or credit card.

Even better, start an unenforceable credit agreement application here. If you want to check, in addition, missold PPI and recover all the credit card charges you've paid over the last 6 years (plus 8% interest) it costs an upfront fee of only £99 for a full audit to see what you're entitled to. Click here for more.

To find out if you qualify for an IVA or can benefit from a debt management programme, try the IVA Test. It's free to apply, and again you are protected by the consumer laws regarding debt management at all stages. Click here to go to the application form.

 

DPC Registry is registered and regulated under the Data Protection Act. Reg. No. Z1620707 and licenced by the Office of Fair Trading. Consumer Credit Licence No. 633327.

 

 

More Data On Mercers Debt Collectors

 

If you have any information that you would like honest people to know about Mercers Debt Collectors then send us an email in complete confidence and we will try to corroborate it with the clowns involved.

 

 

 

This Mercers Debt Collectors website is part of DPC Registry website group. All rights reserved. Complaints Against Mercers Debt Collectors.

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