What To Do If You Get A Nasty Letter or Phone Call From:
AIC Debt Collectors
Debt Collectors is a debt purchasing company or debt collecting company
listed in the website of DBSG
(The Debt Buyers and Sellers Group) and/or mentioned in consumer finance
forms. They have a legitimate function as debt collectors, but there
is some indication that some such companies (not necessarily AIC Debt
Collectors), and especially the debt purchasing element, go a bit too
far sometimes and can make people's lives a misery when those same people
are at their most vulnerable. We do not suggest that they are acting
outside the law, but getting that letter or phone call is not exactly
helpful to you right now.
So the first thing
you must do if AIC Debt Collectors are bothering you is not
to panic or despair. That's just what they want! They'd love
you to call their number and speak to their specially trained sales
team for 'advice'. But once you do that you'll be suggestible to whatever
they tell you, instead of getting independent advice. While we always
say that you should keep an open dialogue with debt collectors, we would
recommend that you do so in writing only. This will prevent them 'railroading'
you into any action which is not in your best interests, as they so
love talking people into doing things on the spur of the moment. Of
course, they are only doing their job, but that's hardly a consolation
for you in the present situation.
There are several
courses that are open to you, and some will suit your own situation
better than others.
A sensible option,
we would suggest, is a debt management plan or even an IVA - which is
designed to actually write off a large chunk of your unsecured debt.
But you would need to take advice on this and look at your income and
expenditure in detail. This option won't suit everyone. There's more
on this below.
As an alternative
you could apply for a 'logbook loan' which many people
find a very handy option. It is actually a loan secured on your car,
except you get to keep the car and keep the cash as well! That's why
some people find it such a good idea, as it unlocks the equity in your
vehicle without taking away your means of transport (there's no need
to sell the car). To apply
for a logbook loan click here.
Yet another option
is a no credit-check guarantor loan. This is especially
useful because your own credit rating is not looked at; you must find
someone else willing to act as a guarantor for you such as a friend
or family member. This is an ideal solution if you're at the stage where
your credit profile has been downgraded by recent events, etc. So click
the following link for Unsecured Loans
that don't need you to be credit checked.
If you wanted to
try a debt management plan, then we provide a whole-of-market service,
with a number of debt management experts on our panel. So whatever your
circumstances, your application will find the plan for you, meaning
the optimum outcome for your situation. It also means
there are no minimum requirements for debt levels or income.
So apply for a debt management plan using the form below.
Also Known As: Allied International Credit (UK) Ltd, Allied Credit
Address: Anderston House, 389 Argyle Street, Glasgow G2 8LR
Telephone: 0141 2263111
Fax: 0141 8470203
Email: [user] @aiccorp.com
Extra Data: Specialists in "send the boys round" type bright
coloured postcards (against OFT rules). See the interesting case notes
below from the forums.
Get a free QuickCreditScore
check by applying
AIC Debt Collectors
and the Truth About Your Debt
is a debt purchasing agent which has purchased a delinquent account
from the original lender (or in some cases another debt collector) for
about 10 percent or less of the original value and is brazenly attempting
to recover the full value from you.
So ask AIC Debt Collectors
for a copy of the original contract when you took out your loan or credit
Data On AIC Debt Collectors
These people are scumbags. Looking through
the various consumer forums I find many references to AIC Debt Collectors
by people who are sometimes suicidal. They seem to be specialists
in sending speculative threatening letters to people who do not owe
anything at all to anyone.
From the excellent Consumer
Action Group forums:
thought I would post this incase any of you are having dealings with
this Glasgow based DCA.
Credit (UK) Ltd, or AIC Debt Collectors , are not very competent.
Which we all know is a pre-requisite for being a DCA.
[my partner] rec'd a card stating that AIC Debt Collectors client
(in this case LLoyds), has informed them that full payment must be
Then, on the
same day as receiving the card, I receive a phone call asking [my
partner] to call them urgently on a "personal business matter".
I advised AIC Debt Collectors that [my partner] was made BR by their
client in May 07.
They say "I know, but we still need to speak to him"
Well actually AIC, you are unable to speak with [my partner] , as
[my partner] has no debts, and does not owe you or your client any
money, and is not allowed to discuss this or any other matter with
loved this one to go to court....sadly, don't think it will get to
court as [my partner] phoned them back, and was a tad sarcastic, and
they hung up on him.
So if any
of you receive anything from AIC Debt Collectors- dont panic. Think
they need to learn how to do their job properly!!!
AIC Debt Collectors from a contributor to CAG forums:
had a tesco credit card was out of work and subsequently got into
a mess with the payments.. the debt was passed to [AIC Debt Collectors].
who having made all the usual threats.. they said they could force
me to sell my home to pay off the debt.. £900?! take me to court..
send the bailiffs round..etc...all this time I was offering them what
I could afford and not refusing to pay!! they finally agreed to payments
of £20 per month.. I have made regular payments each month but
they have started ringing me at work. I have asked them not to, (my
boss is my partner and doesn't know about this debt) but they persist..
are they allowed to do this?
Well, no they're not. But you must tell
them so in writing. And if they continue to bother you then they are
in breach of the law (Administration of Justice Act 1970 as well as
you have any information that you would like honest people to know
about AIC Debt Collectors then send us an email in complete confidence
and we will try to corroborate it with the clowns involved.
AIC Debt Collectors page is part of DPC Registry. Consumer Credit Licence
be aware that figures entered need to be accurate by law, and to give
the best service to you. It is extremely important that you budget for
all necessary expenditure including rent or mortgage, council tax and
utility bills, etc., and any other necessary outgoings related to the
upkeep of your household and in relation to any specific circumstances
which may apply to you or your household. This website only collects data on behalf of
debt management professionals, from which it will receive affiliate
remuneration for data collection only and does not itself engage in
any debt management services. Other debt management options are available
and may be more suitable. People entering into an IVA or debt management
will have this entered on their credit profile and this may affect their
ability to get credit in the short term or even in the long term in
some cases. It is free to apply from this website; you will be given
advice by debt management professionals and a 'cooling off' period,
by law, to decide whether or not the debt management plan is suitable
for you, and you should be aware that a fee will be chargeable upon
a successful arrangement, as with any commercial transaction. Failure
to meet the repayments on an IVA or any debt management programme may
result in serious consequences, including, but not limited to, bankruptcy.
Bankruptcies, CCJs and similar defaults will be entered into a public
register and will remain there for a statutory period of not less than
six (6) years.
AIC Debt Collectors website is part of DPC Registry website group. All
rights reserved. Complaints Against AIC Debt Collectors.
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a look at the Insolvency Service's leaflet called 'In Debt', downloadable
of Debt Collectors
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