Vultures

DrewChan

Expert Member
Joined
May 19, 2010
Messages
4,937
I'm not rich - my total assets is still in the negative - just much less negative
 

Cius

Executive Member
Joined
Jan 20, 2009
Messages
8,348
I signed up with the national opt out list a few months back and the marketing calls dried up real fast. Seems to have worked nicely. The only calls I get now are debt collectors chasing some idiot named Frans Du Toit who seems to like giving out my cell number as his own whenever he borrows money he can't afford. Wish I could find that tool and kick him between the legs as I have had to field dozens of calls from people trying to find him.
 

mister

Executive Member
Joined
Jul 21, 2008
Messages
9,157
Due to a sudden influx of some money I am almost completely debt free, now every second day I have people phoning me to give me credit cards, loans and policies. How do these guys know when your debt exposure lessens?

I would like to know as well. I received an inheritence, and the three banks I bank with called to offer me credit cards. I can understand the one knowing, but the other two?
 

hellfire

Honorary Master
Joined
Sep 25, 2007
Messages
11,630
I would like to know as well. I received an inheritence, and the three banks I bank with called to offer me credit cards. I can understand the one knowing, but the other two?

That sounds like coincidence.
Unless wills are made public knowledge through the deeds office or something?
 

Cius

Executive Member
Joined
Jan 20, 2009
Messages
8,348
They probably buy the information. I know I used to always get calls from every cell provider in the country round about the time my contract was about to expire. How on earth do the other providers know when my private contract with a single company is about to end? Seems stupid for the company that I am with to sell that info but how else do you explain the timing.
 

biena

Executive Member
Joined
Dec 6, 2006
Messages
5,883
They probably buy the information. I know I used to always get calls from every cell provider in the country round about the time my contract was about to expire. How on earth do the other providers know when my private contract with a single company is about to end? Seems stupid for the company that I am with to sell that info but how else do you explain the timing.

Each time you open/renew/pay an account the credit bureaus is informed, the they just sit and wait (normal contact is 24 month) and as the expiry date approaches they start phoning.

Go pull a free credit report on yourself, somewhere you will see who you have accounts with and the age of account/how often you pay it etc etc, easy to then work out when to bug you.

Same when you settle debt, it is noted on that reports. Easy to then assume you got a bit of money.

This is the very reason why I want an option that says, lock this profile, do not give out any information on it. Sadly we do not have that option.
 
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KleinBoontjie

Honorary Master
Joined
Jul 30, 2010
Messages
14,611
IMO, Credit cards have built in triggers. Cause every time I finished one or manage to save some money on them, someone call. I wonder if the banks make money selling info like that, even if they say they don't.

I was thinking of telling you to get a new number and don't give the bank the new number, but what if they need to phone you because of a valid reason. Oh, they got you by the....
 
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