MMF Debt purchase and recovery specialists,,,

[beaconsman]

Good Morning one and all, My CF is improving thanks to all on here..

Anyway, MMF..letter sent to mrs beacons stating they have agreed with the FCA to review an account blah blah blah...in respect of its portfolios.

Quote from the letter below:

"In the spirit of the new regulatory framework imposed by FCA 1st April 2014, MMF is no longer satisfied the information it holds in respect of your account is sufficient for the above purposes. We have therefore agreed with the FCA that we will voluntarily write off the remaining balance on your account".
It goes on, "What this means for me"..
"you will receive your redress automatically and do need to take any further action..(good, cos thats what I intend to do...)...
to formally accept it.

We have no idea what this relates to given the account is not shown on any CF with Mrs B...

Any ideas?

[nemesis45]

Re: MMF Debt purchase and recovery specialists,,,

Good Morning one and all, My CF is improving thanks to all on here..

Anyway, MMF..letter sent to mrs beacons stating they have agreed with the FCA to review an account blah blah blah...in respect of its portfolios.

Quote from the letter below:

"In the spirit of the new regulatory framework imposed by FCA 1st April 2014, MMF is no longer satisfied the information it holds in respect of your account is sufficient for the above purposes. We have therefore agreed with the FCA that we will voluntarily write off the remaining balance on your account".
It goes on, "What this means for me"..
"you will receive your redress automatically and do need to take any further action..(good, cos thats what I intend to do...)...
to formally accept it.

We have no idea what this relates to given the account is not shown on any CF with Mrs B...

Any ideas?

Hi there's a substantial number of these letters going out MMF has had other sanctions in the past from the OFT now it seems the FCA has reviewed their complaints record.

Mrs Beacons debt what ever it was is no more:cancan:

nem