D (Guest) Wednesday, 01 February 2012

As far as I am concerned CCK still own my debt. At the time I sold it, the OFT knew CCK were trading, and in my view the OFT have a duty of care to me as the consumer to keep me safe. They had attempted to close them down through the courts and had failed, therefore at that specific time surely what CCK were doing was legal? If it was a 'scam' as they flipantly write above, then why did they struggle to cease them to trade. My opinion is it must have been perfectly o.k. and legal to do business with Mr Rankine until the moment the OFT got their injunction on appeal. Also, which must be a big question everyone wants answering, is why have the OFT NOT if it was a scam, gone to court to force CCK to return mine, and every other sellers costs,and why have they not pressed charges against CCK and in particular MR Rankine himself??????? If Mr Rankine wants an individual who whole heartedly agrees with his reasoning and business practice, to challenge him in a court on selling debt to him (obviously so I can loose and set him precedent) then please do put a contact detail on here and I will gladly discuss a strategy! Similarly if he wants someone to challenge the OFT for their lack of care to consumers, then I am again up for the challenge!

Ray ( guest) (Guest) Tuesday, 17 January 2012

I tried the Rankines route and it worked perfctly, you just have to be strong and not cave in when a 3rd party letter drops on your mat because the Banks are to scared to take on credit card Killer in court.

Andy1969 (Guest) Thursday, 14 October 2010

I stupidly used the Rankines service Momentum Networks Ltd t/a Credit Card Killer... I paid a considerable amount of money and now I'm not only left with the debt my credit reference file is nothing short of shocking. As you'd expect the Rankines are pocketing the money and are not communicating with people.

They have now registered their company as non-trading, what happended to the millions they received and are still receiving... their website is clearly open for new business, dont they pay tax or is that just the normal people!!!

Jon Stuart (Guest) Saturday, 07 August 2010

I am stunned to note that the official statement made by the Birmingham Trading Standards is that a consumer cannot sell a contract without the agreement of the other party (the lender) but that a lender can sell the contract without the agreement of a consumer. I wrongly assumed that the Trading Standards would be acting as impartial, not biased.
My story just emphasises this injustice.
I have had a Beneficial Bank Credit Card since Aug 1998 and have been a good customer of theirs for many years, such that I constantly took up their offers and services, increasing my limit to 8,000. One such offer was a zero interest balance transfer in 2008. The balance was 4,000 and after the period of zero interest I expected it to return to the previous rate of 16.9%. Imagine my surprise when I found that it was 40%. Upon questioning the provider said that they had bought it from Beneficial and could charge anything they wished as it said variable rate. Despite many requests to normalise the rate they only just put it up a few percent more. They did tell me earlier this year that all staff had been advised to buy shares in the bank as it was due to declare record profits They advertise that they like to have a little extra. I had no money to do that as I was paying their extortionate interest.
Eventually I told them that I was so unhappy with them that I would pay back the entire loan but no interest. Since then I have paid 2,000 back and consider it halved. Their amusement is that their records say that 150 each month is interest and the balance is now over 4,000. In fact they say it will never be paid off, and if I increase the payments then they will probably just increase the interest rate. I wonder what the court will say in 12 months time?
I find it hard to believe that the Trading Standards, who should look after our interests, are pursuing people who are attempting to redress the balance. I guess that the current head of Trading Standards will retire soon and amazingly be appointed a bank advisor on an enormous retainer. It’s absolutely disgusting.

Jack The Lad (Guest) Monday, 02 August 2010

What I find amusing is that there is not presented a clear cut law that is pointed out that says "you cannot do x".

Why am I not surprised given the state that this nation is in ?

wa (Guest) Monday, 07 June 2010

IT IS UNFAIR THAT A CONSUMER IS NOT ABLE TO SELLTHEIR DEBT TO A THIRD PARTY AS OPPOSED TO THE BANKS AND CREDIT CARD COMPANIS

Desmond (Guest) Thursday, 27 May 2010

I tired the CCK route and in truth depsite it going bad at least it was a route. I undertand the view "too good to be ture" but actually its not. Many people advoid debt including banks and governments. Selling it on is a practice the banks and agencies do all the time. Its not fair on us the consumer to have no escape from debt unless its written off as the % to be repaid is often impossible. They had a view on how it might be done but no business model. I lost money with them trying to live again. The banks dont help ever with that to me its not a closed subject.