Collect Direct UK? If you’ve ever defaulted on a payment to a bank or telecom comany and haven’t been able to resolve the problem on what they might consider to be due time, likely you’ve dealt with CDUK.
Make no mistake about it, they’ve been under investigation by the Office of Fair Trading before for harassment and unlawful practice, and likely will be again. Denise Crossley is the director of Improved Financial Solutions (the parent company to CDUK, which is just a trading name) along with Caroline Burston who is CDUK’s collection manager. Together they make the duplicitous duo that are the motor for the collection of cogs that is Collect Direct UK.
The thing I really love about this company is that they do no more than buy debt, which is effectively money that doesn’t exist. Since the advent of the American banking system and the almighty dollar currency can no longer be controlled — what’s more, it can and is manipulated to propagate itself in the most sinister ways. [See: Zeitgeist Addendum]
Currency today is no longer backed up by asset as it once was, instead it’s based on printing money to buy the debt created by printing money to pay of debt prior to that, rinse and repeat. Capitalism is what it is because we are essentially buying thin air. We do need a monetary system, and ours it not totally lost yet (if not in want of a major overhaul) but the notion that someone can be bullied into paying money they don’t have so the financial system can accrue more wealth which is a sole fabrication of people who peddle goods is mind boggling to me.
Forgoing the usual anarchist monologue, I will say that inflation is all that keeps this system alive and it is also thing that keeps 95% of us becoming poorer and poorer as the days go by. Monopolies grow like a cancer and financial destitution is bright on the horizon. Perhaps it’s not as dire as that probably comes off, but, in the end, banks and telecom companies are essentially buying human misery to make their living. Even for those are us who are financially in the black, remember that bankers like Barclays and HSBC are using your money to invest in companies who produce some of the most insidious weapons of war which are often deployed by the governments who employ them on civilian populations.
Despite the doom and gloom scenario, there are companies who make good of their stake in the financial sector. The key to this is finding out which companies actually pay their taxes in full, and there ain’t a fucking lot of them out there. Amazon are tax cheats while Phones4u are not. Someone should compile a list… best I can do is direct you to the Tax Gap at the Guardian and let you decide for yourselves.