Debt Collection Practices Pt 1 (Private Sector)

In this episode, we'll discuss the different ways that banks, credit card companies, subscription services (think Amazon, Netflix etc...), buy now pay later (Klarna, Clearpay, etc...), utilities (gas, water, electric), telcos (mobile phones) collect debt. You will be treated differently depending on who you owe money to! Which ones will just send letters and call you? Which ones will take you to court? Which ones will send a bailiff? In the next video, we'll look at public sector debt - child maintenance, court fines, benefit overpayments, tax debt (HMRC) and council tax.