How to beat 4Point Financial Services and not pay them

If 4Point Financial Services are chasing you, then this blog will give you the tools and loopholes to beat them. When they have your debt and begin the process to get money from you, they are relentless and use tactics that border on daily harassment through calls, texts, calling work and threatening to take you to court and repossess everything you own. Yet peel back the lid on their business and it is in fact you that are in control not them.

 

Who are 4Point Financial Services

One of the largest debt collection companies in the UK they work with banks, mobile companies and credit providers. So if you owed £4000 on a credit card, they will purchase it for around £400. 4Point Financial Services will then ask you for the full amount and add on monthly fees/charges if not paid back. An original debt of £4000 can soon become £8000 in no time at all. First, automated letters are generated and sent on mass (made to look official and individually typed) to your house. If ignored, an agent will contact you armed with a book of telesales scripts to be read and used. Time is money, so letters and first call will be an immediate ask for full payment. Although well rehearsed and executed, all of the above is empty rubbish and it is now time to turn the tables on these bullies and play them at their own game

If you can’t pay 4Point Financial Services then I would suggest the following

This company in particular, never gives up chasing you for the debt. Calling mobile, sending letters, contacting your work, their new tactic is tracing you on social media and messaging friends/family to embarrass you into paying. So beat them at their own game, I’ll share with you a company I used when in debt, that hates these companies as much as me, but more importantly can get rid of this debt for you before the end of the month. Check them out here

 

First rule dealing with them, never talk to them on the phone. You only deal with them through letter and we are going to send them a load. First of al,l we are going to stop all the calls and texts by sending this letter to them. Second stage here, is to request a lot of information from them that will eventually force them to give up on you. By asking for original documents you signed as you deny having the debt in first place. You have to send them recorded delivery, so there is proof of sending and them receiving.

Offer them what they paid by way of letter and negotiation. Look at this way, you owed £4000 , didn’t pay, it got sold to 4Point Financial Services, so you offer them what they paid and you save £3600.Then we need to send a letter saying we have been laid off at work, are waiting for benefits and can offer £xxxx only, as full and final settlement of the debt.

 

If you have multiple debts and just want to get rid of them all today

The problem with having quite a bit of debt, is it can become overwhelming and extremely stressful living day to day. If you have multiple debts and just want to get rid of all of it and let someone else handle it for you, then I can recommend one company for you. It is free to join and protects you from court action and bailiffs. They will contact all your creditors and end all the calls/letters/texts you get daily, whilst being able to force up to 70% of your debt to be written off as, ‘bad debt’. So if you want to end be rid of it all today Check them out here

 

4Point Financial Services round 2

I will follow up this blog with a second wave of strategies to adopt in fighting them. So check back next month and list some more tactics for you. Remember, they have no real legal power, your pet dog has more legal power!