About CL FinanceThe CL Finance website was formed to help people that are in debt and to stop the legal trigger happy finance companies from ruining the lives of people that are unfortunate to find themselves in debt. Often these finance adopt unfair practices and add unfair and illegal charges and these should be reported to the Office of Fair Trading in writing. The more people that complain about unscrupulous finance company practices, the less hassle you and everyone will receive. Remember, if your debt has been assigned from a bank to another finance company then the company that assigned it must also ensure that the finance company they assigned the debt to also follows the banking code.
If you find that the finance collection company is not following OFT (Office of Fair Trading) guidelines then report them. Also consider pursuing a complaint with the Financial Ombudsman and perhaps you will even get some compensation. It does not matter if you actually owe the money or not. The point is that being in debt is not a criminal offence and finance companies or rouge finance companies that buy up debts and then do not follow the rules for collection, have to learn that they are not beyond the law themselves. What they do is rely on the consumer not knowing their rights.
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