If you are being chased for a Cabot Financial Debt that you have not paid, then unfortunately you may have been victim to some of Cabot Financial Debt sleaziest collection tactics used today.
However, there are many strategies and tactics you can adopt to beat them and they are so heavily regulated, you can also use the system to get rid of them. Why should you pay a £30,000 debt with added interest and charges, for a Cabot Financial Debt when they bought it off the bank for £1500!?
Get rid of Cabot Financial Debt before the end of the lockdown
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
Cabot Financial Debt and they keep calling, do not pay them, read this first
Ignoring a Cabot Financial Debt whilst easy, means they adopt the new tactic of social media. Do you own a Facebook account or Instagram, maybe send out some Snapchats to mates. They have a team of people that search only for your friends/family/work colleagues. Searching tagged posts of you on nights out, meals in restaurants with friends. From fake accounts, they will friend/follow and call your friends to inform them you owe debt and need to pay. So now after visiting neighbours, calling work, they contact all your online social media contacts, everyone is asking you why they are being contacted?
The law is now unfortunately completely on their side when it comes to consumer debt owed. Once they have tried all their tactics, from social media, calling your work, calling your neighbours, calling your partners family, they simply take you to court. Now that is not a problem if you have no job, no money and no house/unit. However, if you have any of the above, even if your partner lives under the same roof as you, then your liable for the debt. A judge can issue an order on your wages/assets/home.
DCA’s are a business, 99% are not here to help you or listen to your problems. Dog died, car on fire, lost your wallet? They don’t care….Imagine a room with 100 people sitting at individual desks, with headsets on. These sales people are paid a bonus in accordance to how much they can get you to pay off the debt.
The staff at these call centres have morning meetings before they begin. Here, they are given tactics on how to get you to pay e.g. ‘ …tell them we have their neighbours’/bosses number and we will ask them for the money’….or…’if you don’t pay today, we will make arrangements to have your parents’ car taken away and sold off to pay off the debt’.
Where do Cabot Financial Debt get the debts?…..they buy them, and in bulk . They have sales guys that target banks, institutions, mobile phone operators and buy a large collection of these debts for a % of the debt. What does this mean?….Let’s say your debt from Bank ‘A’ is an old credit card and was for $1678…….usually the DCA buys it for 10-20% of original value.
A standard Cabot Financial Debt letter is sent to you, asking for the amount, plus charges back. Often breaching Aussie guidelines and making official looking documents intended or likely to, mislead debtors as to their status, for example, documents made to resemble court claims.
Now Cabot Financial Debt will begin the nasty and often illegal tactics if they still have no success collecting the full amount, these include – contacting you at unreasonable times, ignoring legitimate wishes in respect of when and where to contact you, claiming instructions from the courts, claiming to be bailiffs.
Falsely implying or stating that action can or will be taken when it legally cannot us a business name which implies public body status, or falsely implying or stating that failure to pay a debt is a criminal offence or that criminal proceedings will be brought if debtors to pay in full, in unreasonably large installments, or to increase payments when they are unable to do so. All of which are illegal
Quickest tactic to get rid of them for good today
If you are being chased by Cabot Financial Debt or have debt in debt with banks/payday loan companies, then you need to stop all the threats/charges/interest now. If a get out of debt button is all your after, then there is a company that I have thoroughly vetted that can do this for you. I used them when I was in trouble and it also protects you from court action/bailiffs, whilst never having to talk to any creditor again. Check them out here