NEWS & ADVICE : CREDIT CARDS
Barclays reminding non-customers for credit card dues
By Ankit Sharma
Dec 18, 2009
Print    Email    RSS   

It has been learnt that in the process of transferring its collections list, Barclay's tele marketing list got merged with that of people who have their outstandings to an outsourced party.

Therefore, the numbers mentioned in the telemarketing list are specified against the names in the collections or recovery list.

This is not the first time that such a problem has occurred in the bank. Columnist Sucheta dalal had contacted the bank when the problem had first surfaced. At that time bank had said that they had started an internal probe.

Last week, Barclays said that it had put contact numbers of some notified people in the Do Not Call registry and the bank had resolved the issues.

If you are one of the persons getting calls and SMS from Barclays, ensure that you inform the bank about it.

Your number reflecting against another in the defaulters list may malign your credit history, especially with the credit bureaus.

Credit bureaus collect information from their member banks and store it in huge databases. This information is then used by banks before deciding on a loan application. Therefore your name against a defaulter's might slander your credit report, thus making it difficult for you to avail a loan.

 


(Comments Posted : 1) Post Your Comments
1. 7WFNBf0 test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com test http://test.com
test (Posted: Feb 15, 2010)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Handle your credit card with Care
A chronicle of excesses by loan recovery...
Free insurance policies with credit cards
Carnival of Indian Personal Finance Blogs #3
Make more out of your credit card with...

I am karsanbhai bachubhai varsani.why my nameis in...
I would like to know my name listed in credit card...
Cvv sell-Cvv sell-Cvv sell-Cvv sell-Cvv sell-Cvv...
can i check my cibil status online
can i check my cibil status online
my name listed in cibil

NEWS THIS WEEK
CIBIL and 31 microfinance institutions unite to set credit bureau Mar 19, 2010
‘Loan against gold’- a new scheme launched by Mahindra Mar 19, 2010
LIC targets half million credit card sales next year Mar 18, 2010
Credit card woes pose as never ending pain Mar 17, 2010
IT and banking tie wedlock: PNB to open IT subsidiary Mar 16, 2010
News Archive