Return them DVDs!

[White trash]

Here's a funny tale which reinforces why you return shit when it's due.

My brother and I used to live in a flat in Upper Hutt. Nothing wrong with the joint, it's just miles from anywhere interesting. Accross the road was a United Video store which we'd occasionaly visit for the odd game hireage or DVD.

About 10 months ago, we found a better (and cheaper) flat in Wellington so in true Beverly Hillbilly fashion, we loaded up the truck.....

Driftn, yes he's a KBer too, neglected to return an overnight DVD he'd hired. What do I care, he's big enough to look after himself. So I say nothing.

Yesterday, he gets a phone call from Baycorp.

"Mr Mair, I'm calling in regard to a debt registered with us for collection by United Video, Upper Hutt"

When my thieving, scumbag of a brother stops laughing at the idea that Baycorps chasing an overdue hireage he asks "OK, how much do I owe?"

"The debt currently stands at $1200, sir. How would you like to pay this account?"

He aint laughing so hard right now. I, on the other hand, can't seem to stop pissing my pants.

[Coyote]

"The debt currently stands at $1200, sir. How would you like to pay this account?"

Bloody hell. And they can get away with that?

[Skunk]

:killingme Oh, :shutup:

[crashe]

hmmmm that is awfully expensive....

I can see you and your brother appearing on "Fair Go" very soon.... :spudwave: :spudwave:


So, the moral of the story is RETURN that DVD/Video PRONTO !!!
:whistle: :whistle: :whistle:

[WINJA]

SURELY THEY CAN ONLY CHARGE HIM FOR THE PRICE OF A DVD REPLACEMENT, I WOULD HOPE THAT THE DEBT WOULDNT STAND UP IN COURT. THATS FARKIN TERIBLE

[Holy Roller]

Once a bad debt is placed in the hands of Bay Corp they add their fee on and bang goes ones credit rating :( wouldn't have expected it to be so much though :spudwhat:
Your brother needs to get some legal advice

[jrandom]

Be worth checking the contract he signed when he got membership at the video store, see if there's a possible out. There probably won't be, though.

Since the cost of a new DVD is so much less than $1200, you'd think that with a bit of schmoozing to the manager at United Video he could have had the fine reduced to replacement cost. Of course, he really should have done that BEFORE it went to Baycorp. When a debt goes to Baycorp it makes it really, really hard, almost impossible, to negotiate further with the original creditor about the actual amount you should be owing them.

I'll be interested to hear how this one turns out...

[crashe]

Be worth checking the contract he signed when he got membership at the video store, see if there's a possible out. There probably won't be, though.

Since the cost of a new DVD is so much less than $1200, you'd think that with a bit of schmoozing to the manager at United Video he could have had the fine reduced to replacement cost. Of course, he really should have done that BEFORE it went to Baycorp. When a debt goes to Baycorp it makes it really, really hard, almost impossible, to negotiate further with the original creditor about the actual amount you should be owing them.

I'll be interested to hear how this one turns out...

Not if they never received anything in the mail or a phone call from the video store.....
But in saying that did they also inform them of the new address?

Bay Corp are the hardest to get away from... and your credit ratings are effected for years after the final payement to them as well.

[White trash]

I thought Baycorp essentially "purchased" a debt, then added their fee. If that's the case, makes it bloody impossible to get out of through negotiation with United.

I don't care what happens, I just think it's funny as fuck!

[jrandom]

Oh, yes, and if a couple of days' worth of checking things out makes it obvious that there will be no easy way of getting out of this, and he doesn't happen to have the cash handy, he should save his credit rating by paying it before Baycorp's deadline (they give you a couple of weeks to pay it before it goes into their credit history database) and chucking it on a credit card, or getting a loan from wherever he can... having a bad credit rating really sucks.

I am qualified to say this stuff. At one point I had over $50,000 of unsecured high-interest debt, was living in a perpetual juggle of borrowing from Peter to pay Paul, but I retained a perfect credit rating throughout by playing the system properly and not letting anything trigger the magic numbers and dates that put bad things onto credit histories.

[Blakamin]

Fuckin hell!!! (i'm goin to make sure none of my DVD collection was "hired")

[jrandom]

I thought Baycorp essentially "purchased" a debt, then added their fee. If that's the case, makes it bloody impossible to get out of through negotiation with United.

I moved house about three years ago. The power company screwed up, I missed getting my final bill and didn't realise it was outstanding. Their fault. Six months later I find out I'm listed at Baycorp for a $150 electricity bill.

After I called and wrote to the power company, they arranged for that to be completely cleared from Baycorp's records. It doesn't turn up on my credit history, ever, now. No record of any defaulted payment on that bill exists.

So yes, I can tell you for sure that creditors who 'sell' debts to Baycorp retain the ability to instruct Baycorp to remove those debts from someone's credit history after payment, for reasons ironed out between the original creditor and the hapless debtor.

So it could still be worth talking to United Video.

[White trash]

I am qualified to say this stuff. At one point I had over $50,000 of unsecured high-interest debt, was living in a perpetual juggle of borrowing from Peter to pay Paul, but I retained a perfect credit rating throughout by playing the system properly and not letting anything trigger the magic numbers and dates that put bad things onto credit histories.

Donald Trump? Is that you?

[jrandom]

Donald Trump? Is that you?

No.

Donald Trump *has* lots of money.

I *owe* lots of money.

[Skyryder]

For what's it's worth I'd be saying I had returned the DVD and it is the video stores cockup. Might cost as much in legal fees but just might save your credit rating.

Just a thought on this one.

Skyryder

[Skunk]

For what's it's worth I'd be saying I had returned the DVD and it is the video stores cockup. Might cost as much in legal fees but just might save your credit rating.

Just a thought on this one.

SkyryderWhy you lying little sh...

Hey that's quite a good idea. :msn-wink:

[jrandom]

For what's it's worth I'd be saying I had returned the DVD and it is the video stores cockup. Might cost as much in legal fees but just might save your credit rating.

Nup. His only money-saving hope is to convince the video store that they should tell Baycorp to clear the record. You can't get bugger-all legal work for $1200. No point bothering with the litigation crap.

And, like I said, if preliminary discussions along those lines don't look promising he should find the cash wherever the hell he can and pay up before his time runs out and Baycorp actually put it on his credit history. Because chances are he'd end up having to pay it *anyway*.

[Paul in NZ]

For what's it's worth I'd be saying I had returned the DVD and it is the video stores cockup. Might cost as much in legal fees but just might save your credit rating.

Just a thought on this one.

Skyryder

Unless of course the DVD in question was 'Gay Boys in Bondage IV - The Suzuki Sessions' in which case I would just fork over the $$ to get them to keep quiet!

Paul N

[avgas]

in reference to rental, i was told that if the equipment was damaged an lost, you are only liable for the equipment replacement cost plus a small fee. It states this in all rental contracts in the small print.
Also they have to warn you atleast once to return or replace the goods before they can transfer to debt collectors

[Storm]

You're all missing the point. Just which movie is it that was worth $1200 to see? :laugh:

[Ramius]

Not if they never received anything in the mail or a phone call from the video store.....
But in saying that did they also inform them of the new address?

Bay Corp are the hardest to get away from... and your credit ratings are effected for years after the final payement to them as well.


Its 5 years after the debt is lodged with Baycorp that it goes away, not after the final payment is made :Pokey:

[Riff Raff]

Many years ago I split up with the ex, and our joint account was closed - or so I thought. Turned out he'd taken an extra couple of hundred dollars, it went to Baycorp, he paid it off, told them I had run up the debt but he was kindly paying it off for me. The first I knew about it was about a year and a half later when I tried to buy something on HP and discovered I had a bad credit rating. Amazing what a potty mouth I discovered I had when I rang him up about it!!!

[Skunk]

Amazing what a potty mouth I discovered I had when I rang him up about it!!!Should have enunciated the syllables with a baseball bat ;)

[Riff Raff]

Should have enunciated the syllables with a baseball bat ;)
I believe karma has now caught up with him...

[Ramius]

I believe karma has now caught up with him...

Why? Is he dead? :weep:

[gav]

Think I'll just book out DVD's under the name "James Mair" yeah, just moved down from Wellington.

[White trash]

Think I'll just book out DVD's under the name "James Mair" yeah, just moved down from Wellington.

How about Luke? I want nothing to do with it.

And its "Jimmy" thankyou very much....

[Slipstream]

Its 5 years after the debt is lodged with Baycorp that it goes away, not after the final payment is made :Pokey:

OK, let's get fully facesious (sp?) here.

The bad credit rating starts from the moment the debt is lodged with the collection agencey and has past the due by date that _they_ give you. The credit rating then stays bad until 5 years later _and_ the debt is paid in full.

Although depending on the kind of debt and the payment plans you are making(eg you paid the debt real early on and are just doing your time) _some_ companies are willing to still let you H/P.

[Slipstream]

Oh yeah and also


:killingme :killingme :killingme :buggerd: :killingme :killingme :killingme