The post below is supposedly written by Wayne MacLeod Vice President of Total Credit Recovery (TCR) Collection Agency
I'm pleased that a person at Wayne's level in the collection industry would join us on Canadian Money Advisor!
COLLECTION AGENCIES ARE PROVINCIALLY REGULATED
It's very interesting to me that a Vice President of a provincially regulated collection agency would state that The only people that read this #$%# (edited for language) are collectors, who get a good laugh at this stuff.
Provincially regulated means that this collection agency must abide by the laws of province in which it collects for its clients. There aren't alot of industries that have their own "Collection Agencies Act".
The penalty for non-compliance by a collection agency is that they are delicensed and can no longer conduct business in that province.
With this comment, Wayne Macleod is laughing in the face of the provincial regulators, in my opinion.
As more and more people/debtors read this website they are becoming more and more educated as to their rights regarding collection agencies in Canada. That has been the goal of this website from the beginning.
The goal of this website is to give a public voice to people who feel like they've been bullied by collection agencies, creditors, credit bureaus etc.
DISREPECT FROM COLLECTION AGENCIES, CREDIT BUREAUS ETC
During my time helping people with credit repair in Canada, I felt a huge amount of disrepect by collection agencies and other financial industries towards their clients. Their attitude is/was "we're big and powerful, you owe us money, and we've got the law on our sides".
I found that the vast majority of Canadians I spoke with had no idea that there was an Act or law that regulated collection agencies, let alone laws for credit reporting agencies, banks, credit unions, pay day loan companies etc.
(Honestly, most people I spoke with didn't know that credit bureaus such as Equifax Canada and TransUnion Canada existed ! )
KNOWLEDGE IS POWER
Lack of knowledge on behalf of the people who owe money to creditors creates more power for the creditors and the collection agencies.
I'm confident that a person such as Wayne MacLeod who is the vice president of a Canadian collection agency would have heard about and be familiar with the Collection Agency Acts he is regulated by. He would be a fool not to be aware of these. He is knowledgable, and thus would have an edge on a lay person who has no knowledge of the Collection Agencies Act.
Waynes comment that the collection agents are laughing at the material on this website, means that they are hoping on or counting on the fact that Canadians stay illiterate towards the laws that affect them. The collection agencies are able to laugh as long as they are better educated than the people they're collecting.
KNOW ABOUT YOUR DEBT
Canadians who are in debt can stop the collection agencies laughing at them by taking the time to learn about their debt. Learn about the contract you signed which created the legal agreement for your debt. Learn the laws surrounding the institutions with whom you're creating these contracts.
Just as businesses wouldn't/(shouldn't) get into long term contracts without reading the fine print, the same goes for individuals who enter into agreements with big and powerful creditors.
If you don't learn about your debt, you'll constantly be at the mercy of the big powerful creditors, credit bureaus, collection agencies etc.
FINALLY:
Most people who visit this website do so because they're upset with the dealings they've had with a collection agency. They're upset because they feel out of control and need to get empowered with knowledge about collection agencies.
That's what we're here for. Let's start to have the laughter go in the favor of the consumers who deal with the collection agencies. Let's let the consumer become empowered with knowledge and start to control their destiny's with regards to their debts.
I'm pleased that a person at Wayne's level in the collection industry would join us on Canadian Money Advisor!
COLLECTION AGENCIES ARE PROVINCIALLY REGULATED
It's very interesting to me that a Vice President of a provincially regulated collection agency would state that The only people that read this #$%# (edited for language) are collectors, who get a good laugh at this stuff.
Provincially regulated means that this collection agency must abide by the laws of province in which it collects for its clients. There aren't alot of industries that have their own "Collection Agencies Act".
The penalty for non-compliance by a collection agency is that they are delicensed and can no longer conduct business in that province.
With this comment, Wayne Macleod is laughing in the face of the provincial regulators, in my opinion.
As more and more people/debtors read this website they are becoming more and more educated as to their rights regarding collection agencies in Canada. That has been the goal of this website from the beginning.
The goal of this website is to give a public voice to people who feel like they've been bullied by collection agencies, creditors, credit bureaus etc.
DISREPECT FROM COLLECTION AGENCIES, CREDIT BUREAUS ETC
During my time helping people with credit repair in Canada, I felt a huge amount of disrepect by collection agencies and other financial industries towards their clients. Their attitude is/was "we're big and powerful, you owe us money, and we've got the law on our sides".
I found that the vast majority of Canadians I spoke with had no idea that there was an Act or law that regulated collection agencies, let alone laws for credit reporting agencies, banks, credit unions, pay day loan companies etc.
(Honestly, most people I spoke with didn't know that credit bureaus such as Equifax Canada and TransUnion Canada existed ! )
KNOWLEDGE IS POWERLack of knowledge on behalf of the people who owe money to creditors creates more power for the creditors and the collection agencies.
I'm confident that a person such as Wayne MacLeod who is the vice president of a Canadian collection agency would have heard about and be familiar with the Collection Agency Acts he is regulated by. He would be a fool not to be aware of these. He is knowledgable, and thus would have an edge on a lay person who has no knowledge of the Collection Agencies Act.
Waynes comment that the collection agents are laughing at the material on this website, means that they are hoping on or counting on the fact that Canadians stay illiterate towards the laws that affect them. The collection agencies are able to laugh as long as they are better educated than the people they're collecting.
KNOW ABOUT YOUR DEBT
Canadians who are in debt can stop the collection agencies laughing at them by taking the time to learn about their debt. Learn about the contract you signed which created the legal agreement for your debt. Learn the laws surrounding the institutions with whom you're creating these contracts.
Just as businesses wouldn't/(shouldn't) get into long term contracts without reading the fine print, the same goes for individuals who enter into agreements with big and powerful creditors.
If you don't learn about your debt, you'll constantly be at the mercy of the big powerful creditors, credit bureaus, collection agencies etc.
FINALLY:
Most people who visit this website do so because they're upset with the dealings they've had with a collection agency. They're upset because they feel out of control and need to get empowered with knowledge about collection agencies.
That's what we're here for. Let's start to have the laughter go in the favor of the consumers who deal with the collection agencies. Let's let the consumer become empowered with knowledge and start to control their destiny's with regards to their debts.
Posted Sat, Mar 24th, 2007 by wayne Macleod
Do you really think that we, and by "we" I mean the many good people in this business, sit back and take you as anything other than someone who clearly has more time on their hands than the average person?
You ramble on and on and on, about issues you claim to know about, yet the only advice you give is to help "debtors" become the type of people that call people at their home.
The only people that read this #$%# (edited for language) are collectors, who get a good laugh at this stuff, and "debtors" who fault or no fault, owe money and might be looking for help.
All you do is post nonsense after nonsense, if you could prove ANY or your garbage, then maybe you could be taken as a serious person.
Just like you wrote earlier on, there have been no official complaints against anyone that I work with, or work for.
I am not hidding and I am not affraid of your rants as we are doing a job that needs to be done.
Jut remember you sent me an email asking for help some time ago, and now all you do is bad mouth me, why not tell the people that read this about that?
