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Scottish Trust Deed Forum
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Topic starter
20/03/2013 4:53 pm
I just thought I'd share with you a call that one of my colleagues here has just taken. A loan provider wanted us to promote their services. It's caused much hilarity in the office, though it's not funny really...
Them: I run a company that does debt management and we have a new product on the market. We can provide loans to those who have CCJ's, defaults and even mortgage arrears. Payday loan companies refer their rejected applicants to us.
Us: What's the typical APR interest rate?
Them: It's not great.
Us: That doesn't sit well given our role as debt advisers.
Them: Morally you are correct. Would you like us as a referral option for people that think debt solutions are a "dirty word".
Us: Ermmm... no.
Them: Shall we send you some stuff out?
Us: No thanks.
Them: OK then.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
20/03/2013 7:00 pm
Its not great!! How you didnt fall on the floor laughing is beyond me! !
The get customers the payday loan firms wont touch......oh my god the interest rates must be comical!!
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
20/03/2013 7:27 pm
Love the answer about APR. It's not great!
Nothing left to discharge - everything's done and dusted!
Topic starter
20/03/2013 8:12 pm
There were tears of laughter afterwards!
Our favourite bit was him acknowledging the moral weakness of his pitch, but still asking if we'd like to give it a try anyway.
Major contenders for Britain's worst business to business cold callers.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
