How to beat Go Debt Ltd and not pay them back

If Go Debt Ltd are chasing you, then you are already being hassled by letter on the phone and maybe receiving unwanted calls at work. The tactics they use daily to chase that debt you owe are borderline stalking and cause untold stress. So this blog is going to unravel their business and gice you the tools and tactics to fight them back and beat them.

 

Who are Go Debt Ltd

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. Go Debt Ltd 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

Illegal tactic Go Debt Ltd against you and your credit file

This is fact becoming public knowledge, but has been a little known tactic used by Go Debt Ltd to speed up the process of getting you to pay back in full the debt. Most people when in debt, with a little help, could get themselves out of debt again, maybe a little loan or a credit card to tie them over until next months pay. However, once you have a default against your credit file that becomes hard if not impossible, until now… It turns out that nealry 70% of companies such as debt collectors, payday loan companies and credit card companies are submitting to the largest credit agencies like Experian, defaults far quicker than legally they should. Then try to contact you, saying they can remove if you pay debt back in full. So try this tactic now and I guarantee you will see your credit score improve immediately. I looked for a free to join, smaller credit agency, that most importantly allows you to dispute any/every negative listing against your file online, by simply clicking against the entry. If you see any defaults/negative marks on your file, click dispute on all of them and it will lodge with every agency in the UK, even if you think it should be there. I disputed everything from payday loans, to debt collectors and had 80% of them removed as they were unfairly lodged by the company. Check your file for yourself now, the free one I used was this one

 

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 Go Debt Ltd, 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

 

Go Debt Ltd 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!