PDCS Debt do not pay them back until you read this

If PDCS Debt are chasing you, then this blog will give you the tools and loopholes to beat them. When PDCS Debt 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 PDCS Debt

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. PDCS Debt 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.

Now we are all on lockdown thanks to Corona, with debts mounting and jobs massively affected. Unfortunately, job losses and recession fears, are the exact time debt collection companies have traditionally made the most money. So do not sit there and be bullied by a company that bought your debt for 10% and added 90% pure profit on top. Fight them legally and beat them.

Get rid of PDCS Debt before the end of 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

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 PDCS Debt, 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.

  • Where do they 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. However they will demand full amount, plus, their own charges on top. So they pay around £300 and try and get over £2000 off you, and over a fixed agreed time, you can begin to see why they make so much money and don’t care about personal circumstances.

 

Now PDCS Debt have a database of all these debts in front of them with telephone numbers and addresses given from the original debtor…now what? They want cash from you, as quick as possible , with the least amount of effort on their part. So now they adopt various methods of achieving that…….

 

          • A standard letter is sent to you, asking for the amount, plus charges back. Often breaching OFT guidelines and making official looking documents intended or likely to, mislead debtors as to their status, for example, documents made to resemble court claims.

 

          • Phone calls – A favourite tactic – PDCS Debt calling you about 5-10 times a day, on every number they have to contact you, mobile, home and work. Sometimes sending texts and asking you to call them back on premium rate numbers (which is illegal) Imagine the above happening to you everyday for the next month. This is physical/psychological harassment, it is illegal and once again something else that you can stop.

 

Get rid of PDCS Debt before the end of 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

 

 

PDCS Debt 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!