TheNewSaint wrote:
And yes, there is an ad for IVA debt settlement. Combined with the help line discussed here previously, it looks like GOODF is shifting towards offering legit advice. And some of its members don't like that.
My take on goodf is that the reason they had so much "success" using the 3 letters, was simply due to the fact that most agreements they were dealing with at the time were pre 6th April 2007 and many were found to be unenforceable in law. Added to that that many debt collection companies decided to write off many debts because it would have been to costly to chase the debts and with no guarantee of getting anything in return.
The debt collection companies were also pretty lazy and often shot themselves in the foot by the way they behaved, lying and harassing people, many of who were genuine and wanted to pay their debts back (I know, I was one of them - and that is how I found goodf)
The trouble for goodf now, is that most credit agreements are pretty solid and therefore less and less people joining goodf have any pre 2007 debts. Added to that the recent evictions that goodf have tried to help,have all failed miserably and people are starting to realise the nonsense that Ceylon promotes. Also the fact that Jon seems to be out of the picture, Ceylon has a free hand and the site is becoming more of a conspiracy site, rather than helping people with debt problems.
The only way I can see them making any money these days is through advertising legitimate debt help companies and earn a commission by recommending them, hence why they have started to say that they know some people are scared of using the 3 letters and understand they might need to speak to a professional company.
One final point, I have to say that the debt collection companies have a lot to answer for in the rise of sites like goodf, due to the appalling way they have behaved and the dubious tactics they used to collect debt.