Facebook Group - We Buy Any Debt

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letissier14
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Facebook Group - We Buy Any Debt

Postby letissier14 » Tue Sep 19, 2017 2:24 pm

Facebook Group - We Buy Any Debt

The website of another debt scamming Facebook group who beg for donations. They are called: Webuyanydebt

https://www.facebook.com/groups/webuyanydebt/

Website: https://kindnesscredits.wixsite.com/wbad

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Re: Facebook Group - We Buy Any Debt

Postby letissier14 » Tue Sep 19, 2017 2:31 pm

This appears to be the owner of the scam (well her Facebook account anyway)

Elisabeth Nolson

https://www.facebook.com/profile.php?id=741501390

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and another website of hers

http://www.thewholepackage.me/

and

https://kindnesscredits.wixsite.com/kin ... t-kindness

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Re: Facebook Group - We Buy Any Debt

Postby Footloose52 » Tue Sep 19, 2017 2:55 pm

Ah, I thought I recognised that name; viewtopic.php?t=10736

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Re: Facebook Group - We Buy Any Debt

Postby Siegfried Shrink » Tue Sep 19, 2017 3:04 pm


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Re: Facebook Group - We Buy Any Debt

Postby Determinator » Tue Sep 19, 2017 3:11 pm

I wonder whether they have heard about the Rankines... Basil Rankine was jailed 5 years ago for running a similar operation called Credit Card Killer...

http://www.bbc.com/news/uk-england-stok ... e-19635797

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Re: Facebook Group - We Buy Any Debt

Postby Determinator » Tue Sep 19, 2017 3:13 pm

They appeared in Panorama in 2008, you'd never expect scammers to be featured on that program: https://www.youtube.com/watch?v=kaMN2v8JYEM

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Re: Facebook Group - We Buy Any Debt

Postby TheCoz » Tue Sep 19, 2017 4:58 pm

I read all of that. I still can't work out what the fuck they do.

My grasp is, they "buy" your debt off you and you owe them ...Kindness?

They then tell the creditor that they owe the debt and pay it with... Kindness?

I don't get it

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Re: Facebook Group - We Buy Any Debt

Postby Chaos » Tue Sep 19, 2017 5:08 pm

they just grift under the guise that they have magic debt beans for you.

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Re: Facebook Group - We Buy Any Debt

Postby TheNewSaint » Tue Sep 19, 2017 5:42 pm

TheCoz wrote:My grasp is, they "buy" your debt off you and you owe them ...Kindness?


Yeah, that's pretty much it.

I find it similar to WeRe Bank, except that their currency is "kindness credits" instead of Re (current exchange rate 0:0). They claim they can pay your real debts with their fake currency, via some tortured interpretation of the Bills of Exchange Act. But instead of issuing checks and pretending to be a bank, they claim to have bought the debt from the debtor.

And, of course, they don't take payment in their own currency. Pounds sterling only please.

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Re: Facebook Group - We Buy Any Debt

Postby ArthurWankspittle » Tue Sep 19, 2017 6:10 pm

Footloose52 wrote:Ah, I thought I recognised that name; viewtopic.php?t=10736
Not the only name I recognise - friends include Danny Bamping.
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Re: Facebook Group - We Buy Any Debt

Postby notorial dissent » Tue Sep 19, 2017 8:30 pm

Their literature is certainly nonsensical gibberish, and the grammar is bad too boot.

I will admit that I got lost in the gibberish, but it looks like you are basically assigning your debt to a/the trust, and then the trust is supposed to be liable for it, and then I'm sure somewhere down the road they disown it or something or other. The catch of course being that you cannot assign your personal debt without the debt holder's permission. Doesn't work that way. So basically it is just a paper moving scam that goes no where, leaving the schlub still holding the bag/debt. Not even particularly original.

I wonder if the Universal life church is aware that the scammers are using their logo?
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Might well do to drop a line to faceplant that they have a scam site set up.
Last edited by notorial dissent on Tue Sep 19, 2017 8:44 pm, edited 1 time in total.
Reason: edited to add logo
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Re: Facebook Group - We Buy Any Debt

Postby Hercule Parrot » Tue Sep 19, 2017 8:37 pm

TheCoz wrote:My grasp is, they "buy" your debt off you and you owe them ...Kindness?
They then tell the creditor that they owe the debt and pay it with... Kindness?


Yes, that's it. Obviously the debtor cannot sell or transfer their legal obligations, so the creditor is still going to pursue them. And if it reaches a court, no judge would accept this purported "sale" as a defence. It's about the same as saying 'we paid you by werecheque, the debt is settled.

I will however grant that Ms Nolson's package has more to offer than Ms Rankine's in certain respects. (Mods! Why do we still not have a Terry-Thomas smilie? With embedded MP3 "crikey, ding-dong...." please.)
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Re: Facebook Group - We Buy Any Debt

Postby longdog » Tue Sep 19, 2017 8:40 pm

It's a bit like me selling my diabetes to somebody on the internet who says they'll take the meds on my behalf and thinking my blood sugar levels will be fine :mrgreen:
JULIAN: I recommend we try Per verulium ad camphorum actus injuria linctus est.
SANDY: That's your actual Latin.
HORNE: What does it mean?
JULIAN: I dunno - I got it off a bottle of horse rub, but it sounds good, doesn't it?

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Re: Facebook Group - We Buy Any Debt

Postby longdog » Tue Sep 19, 2017 8:42 pm

Hercule Parrot wrote:
TheCoz wrote:My grasp is, they "buy" your debt off you and you owe them ...Kindness?
They then tell the creditor that they owe the debt and pay it with... Kindness?


Yes, that's it. Obviously the debtor cannot sell or transfer their legal obligations, so the creditor is still going to pursue them. And if it reaches a court, no judge would accept this purported "sale" as a defence. It's about the same as saying 'we paid you by werecheque, the debt is settled.

I will however grant that Ms Nolson's package has more to offer than Ms Rankine's in certain respects. (Mods! Why do we still not have a Terry-Thomas smilie? With embedded MP3 "crikey, ding-dong...." please.)


Wasn't "Crikey, ding-dong" Leslie Phillips? Terry Thomas was more "Absolute shower!"
JULIAN: I recommend we try Per verulium ad camphorum actus injuria linctus est.
SANDY: That's your actual Latin.
HORNE: What does it mean?
JULIAN: I dunno - I got it off a bottle of horse rub, but it sounds good, doesn't it?

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Re: Facebook Group - We Buy Any Debt

Postby Burnaby49 » Tue Sep 19, 2017 9:37 pm

Loved him in 'I'm All Right Jack!'.
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https://www.youtube.com/watch?v=XeI-J2PhdGs

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Re: Facebook Group - We Buy Any Debt

Postby rumpelstilzchen » Tue Sep 19, 2017 10:06 pm

longdog wrote:
Wasn't "Crikey, ding-dong" Leslie Phillips?

https://www.youtube.com/watch?v=0awJf7OWMmo
BHF wrote:
It shows your mentality to think someone would make the effort to post something on the internet that was untrue.

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Re: Facebook Group - We Buy Any Debt

Postby TheNewSaint » Wed Sep 20, 2017 12:44 am

I can't wait for the first ombudsman ruling on this one.

"While I'm sure Mr. S feels very strongly about this matter, Barclay's is not obligated to accept kindness credits to pay off his Range Rover."

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Re: Facebook Group - We Buy Any Debt

Postby grixit » Wed Sep 20, 2017 11:57 am

Those graphics look like something you'd see as placeholders on a web design template.
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Re: Facebook Group - We Buy Any Debt

Postby noblepa » Wed Sep 20, 2017 3:23 pm

Is it possible that people fall for this because, while they really don't understand the banking/lending system, they have heard that banks can sell a mortgage and the borrower must then pay the new holder. So, they figure, "why can't I sell MY side of the debt".

Of course, this is gibberish and nonsense, in the complete vacumn that is their financial understanding, it kinda, sorta, makes sense.

Actually, a debtor can legally transfer responsibility to another person, but usually, only with the consent of the lender. Mortgages in the US used to be "assumable", meaning that, if I sold my house, the buyer could assume the debt. Car loans were often like that, as well. Not so much any more. With rising interest rates, lenders always want to call a loan when the asset is sold, so they can lend the money to someone else at a higher interest rate.

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Re: Facebook Group - We Buy Any Debt

Postby longdog » Wed Sep 20, 2017 9:04 pm

noblepa wrote:Is it possible that people fall for this because, while they really don't understand the banking/lending system, they have heard that banks can sell a mortgage and the borrower must then pay the new holder. So, they figure, "why can't I sell MY side of the debt".

Of course, this is gibberish and nonsense, in the complete vacumn that is their financial understanding, it kinda, sorta, makes sense.


I'm sure you're exactly right.

Many moons ago I worked with a guy who had an endowment mortgage for, for the sake of argument, £30,000. At some point he noticed that he could get an ordinary life insurance policy that would pay out £30,000 in the event of his death for about a quarter or a half of the endowment premium so he stopped paying the endowment and took out the new policy. His mortgage lender wasn't too chuffed about this and threatened to call in the loan unless he started making endowment payments again.

This guy wasn't obviously stupid in a general sense but it took everything short of beating him about the head and body with a pick-axe to make him understand how endowment mortgages work.

He got it in the end but it makes you despair about some people's grasp of the way the world works.
JULIAN: I recommend we try Per verulium ad camphorum actus injuria linctus est.
SANDY: That's your actual Latin.
HORNE: What does it mean?
JULIAN: I dunno - I got it off a bottle of horse rub, but it sounds good, doesn't it?


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