To the MORON addressing others as morons, you stick to calling debtors, just stop annoying the sh*t out of people who don't have debts. You arseholes are the scum on the bottom of the barrel. Lion Finance do not use Facebook to harass people. It is completely legal for them to ask you to try and source funds either through consolidation loans, redraws, or loans of a personal nature including family. It is also completely legal for them to deny you an arrangement to pay off your debt if you refuse to provide a statement of position or if your statement of position shows that you have the funds to pay off your debt. Also, depending on the laws of your state, they can DEFINITELY tell you they can repossess your possessions - this is completely correct and legal with a court order. You do not need to sign a contract with Lion Finance for the debt to be owing to them and be in a legally binding contract - if you took the time to read your ORIGINAL loan contract you will see that they have the right to sell your debt at any time, and you will legally owe all funds borrowed + any accrued or future interest to the buyer of the debt, in this case Lion Finance. It is called a unilateral change to your contract, so those saying that you don't owe anything to them because you haven't signed a contract with them - you're wrong.
Lion Finance will leave messages, but due to privacy laws they are unable to advise where they are calling from. If you give them your work # but you're not at your desk, and your colleague answers your phone, would you really like them to tell your colleague that they're calling from a collection agency? I don't think so. Even if it wouldn't matter to you, it is not only their company policy but the LAW, that they cannot disclose that information to anyone but the customer, and they need to confirm at least your full name but often at least 1 other point of ID, whether that be DOB or address. Also doing third party searches including looking in White Pages etc for neighbours and relatives, is again, completely LEGAL and ABOVE BOARD. You might not like it, but if you didn't avoid them then they wouldn't have to do it. Either pay your debts before they go to a collection agency, or update them when you move, change your number, etc. You're bringing hell on yourself and your family by not doing this.
Also, bankruptcy lasts for up to 10 years, you can never become the director of a company (for the span of your life, not just the bankruptcy period), it restricts your overseas travel, stops you from doing any borrowing, you lose all of your assets including your car, property, savings etc. Bankruptcy is NOT the easy or best option when you can work through your issues - it should be viewed as the last resort that it is and not anything else.
Co-operate with collectors and your life won't be so hard.
Hi I used to work for this mob but I left them after a week. They are trained to say a number of things that are not legal. And they make a fortune buying debt at a few cents to the dollar and theny chasing up the debtors.
Here is how you handle their calls- Dont Answer a number you dont know. A genuine person will leave a message. Lion will not.in most cases. If they do they will ask to call back quoting a reference number. Dont call back.
Next they will try through individual mobile numbers to trick you into answering the call. Again the same rule. Dont answer a number you dont know.
Then here is the zinger: There is a free app called TruCaller in the itunes store. Download the app and enter the mobile number and it will tell you who is calling. Then you go and block that number.
Lion Finance also calls from numbers that show up as Panther Finance on TruCaller.
While I am all in favour of people paying their debts on time there are instances when they have difficult circumstances and need grace. However my view is that if someone like Lion or Panther Finance has purchased the debt and is trying to make massive profit sometimes 10 times what they paid for it then I think they should be told to get stuffed. Simply dont pay Lion Finance. Let them take people to court. THey will go bankrupt trying to do so if they have to do it for hundreds or thousands of debtors. And the best part is that after court they will get nothing..So screw them
Morons, you seriously have no idea!!
Here are the FACTS!
BR lasts 3 years and 1 day.(unless extended)
Stays on your credit file for 5 years from the date it has been processed by AFSA. (Unless there is an extension) OR 2 years after end date - whichever is later.
Stays on the NPII (National Personal Insolvency Index) forever
You CAN travel overseas, with the Trustee's permission - very rarely is this rejected.
You CAN be a director after your Bankruptcy ends.
You DO NOT necessarily loss all of your property of savings - this is a decision made by the trustee.
Vehicle - $7600.00
Income - $1031.80 net per week (no dependents) before contributions are required
Tools of trade - $3700
Applying for credit - $5447.00 - if you apply for credit OVER this amount, you must disclose you are bankrupt. It is highly likely though that any creditor will check your credit file and see you are an undischarged Bankrupt anyway.
I recommend Bankruptcy to anyone who is struggling financially and cannot get out of the "hole". 5 years of inconvenience vs a lifetime of freedom.... its a no brainer!!
Here's some advice for all of you... Pay your friggin bills losers. Then you won't have to worry about debt collectors "harassing" you. They rang me today asking me if my neighbour was still living next door saying they were from a finance company I told them nothing they grilled me about my address trying to find out if they got the right person very strange be suspicious Hey "Morons", get your facts straight. You see, some of us actually look at the legal websites to find out what debt collectors can or cannot do. And they all state, you cannot tell debtors you can take their possessions, unless you tell them that you can do so only with a court order - BET YOU DON'T DO THAT!!!! Only the Sheriff can do that - unless the debt is secured at which time the secured lender can re-posses after the requisite legal steps have been undertaken. You also cannot encourage debtors to make their debt situation worse by getting other loans to pay your loan. You also cannot harass or threaten, of which Lion do both.
I have done numerous searches on Lion and it seems their behaviour towards people is absolutely appalling, even when you try to pay your debt. After reading how they treat people, I would not even bother to have any contact with them unless I could make a settlement offer. I would probably go back to the original lender first and see what can be done with them.
I suggest anyone with a problem with Lion Finance (of which there seems to be a lot) download a document from ASIC called "Regulatory Guide 96: Debt Collection Guidelines for Collectors and Creditors" - it is good reading and sets out everyone's responsibilities and rights.
Basically, I am sick to death of debt collectors believing that "anything goes" in order to get money back.
They just called me today, I didn't answer as I normally do with unknown numbers. I typed in the number on safari and got this page. Now I'm going to call them and harass the same way they've harassed all of you. Yes as you can tell I have nothing better to do!! Received a call from this number today. The lady was asking me to confirm my date of birth and address. Guess this company is trying to collect our details and then sell it some marketing company. When I gave my dob and address she informed me that she would give me a call at a later stage as she was not sure if she was speaking to the right person. This company seems to have our contact number and name. However,it does not seem to have our dob and address. This is their way of collecting our address and dob. I received a call from this company (Lions Collections) - they are a debt collection agency, these people keep calling me after I have asked them many many times not to call! Apparently they are looking for 1 of our neighbours and they asked me if I knew her and provided her name to me, I said that I don't know her and then they asked me to leave a note in her letterbox asking her to call them. Well if you are a so called collection agency, GET OFF YOUR OWN ASS and go and knock on her door yourself instead of asking a neighbour to do so when they don't even know the person FFS or send her a letter in the post, we are not here to do your job for you! How you got my phone number is also beyond me, I have a silent phone number and we pay for it to be a silent number with our Telecommunications Provider - unacceptable this is a sever breach of privacy. I should report this to the appropriate Privacy minister! Dick head Hey you wankers the person you are chasing has been in the worm farm a long time now so pissoff and find yourself a hole too, lazy bloody sleaze bags ring on the royal telephone to heaven ! not friggin mine! no info here as not had contact in 10 years, most likely longer than you arseholes have been in business if you call what you do as that seems like a colle tion agency Lucy, they do break ACCC guidelines and ASIC regulations. Why don't YOU do some research, as there is a pile of complaints against this company, they have been fined big-time for breaking regulations and they have been cautioned on many occasions. I am sure you are another plant by Lion on this website. Have compassion - you can't just say "don't get yourself in this situation". Many people live for years paying their bills and their debts, then suddenly they get retrenched and there is no money coming in or they get diagnosed with a critical illness - you can't plan for everything that happens in life. These people are the lowest of the low and I hope something really bad happens to all these people harassing everyone and they may just find they need a little bit of help as well. I will go bankrupt before I pay Lion Finance - I did not contract with them for anything and I will not deal with them. My contract is with another institution and I will deal with them regarding any debt I have. yes, just do that to them Why are you looking up this number if you "pay your friggin bills"? You obviously work for or have an invested interest in Lion Finance so why don't you piss off you vulture They're not ringing me because I have debt. They expect me to knock on my neighbours door and harass them on their behalf..Not going to happen!!! Do your own dirty work. Morons! FRACTIONAL RESERVE BANK!
When a lender credits your account with a loan amount or provides you a credit card, they aren't actually taking any funds from their "vault" then depositing into your account. With a few key strokes on the computer, they are literally adding numbers to your account, and thus creating money(fiat currency) and also depreciating the value of your dollar in the process. You then go out and labour to give them the $ you "borrowed" along with more labour for the interest on top. Did they labour to give you that money? or did they in turn labour with the same time and energy with their service for the interest? Me thinks not.
With your valuable signature, you then grant them permission to create more fictitious money for loans to others, based on your promise that you will give them the money back, and that they only legally need to have a fraction of that promissory note, not the cash (10% roughly) to then loan the other 90%, which they will do over and over and over again. So ultimately your signature (most valuable thing any of us posses) is worth a LOT of money to the banks. Where's your cut?
Collectors can legally say anything they want, anything. But that's all they can do, speak. They have no power over you unless you CONSENT. The collection company's (third party) have even less power than the original lender, who had now power. They may send you demand notices, each with a different name at the bottom, the name of the computer that sent it. Because no actual living person will sign their name to a harassment letter, as you could then issue a corporate lien against that individual (unprotected by their employer) for damages caused by their harassment. Or maybe you'll get a letter from a lawyer at "BlaaBlaa Court House", looks serious right? You better CONSENT. Nope, just one of the great services provided to lawyers by a courthouse, nothing more than a fancy official looking letterhead, with about the same amount of power as the collector.
Try this interesting little anomaly when next unknown number calls. When they ask for 'MR JOHN DOE", say my name is John (your name), my family name is Doe(your family name), how can i help.. They will most likely reply with "Is MR JOHN DOE available, you then repeat, my name is john, my family name is Doe, how can i help. they might say "well, do you know where we can find MR JOHN DOE, repeat, my name is john, family name is Doe, How can i help. They might say "they don't understand" and will possibly try asking in a different way, which you reply to with the same previous response. Eventually they will say "ok, we will find a different way to contact MR JOHN DOE" goodbye
Weird huh. discovered this one a few months back. They can only talk to the one named on their contract, with the title MR MRS etc. God tell us not to take titles or address anyone by title. Gods bible is what true law is bound to, "Common Law" the UNMOVABLE FOUNDATION of our laws today. Whereas corporate law is a completely different and very destructive beast, to which we need only deal with if our contract with them is a fair one, with all of the information disclosed and out in the open on the table, so that both parties can then consider the mutual value each receives is fair, which they can then agree upon and sign their contract, witnessed by another. ONLY this type of contract is a valid contract! Not a UNILATERAL contract (VOID) Collectors can change that contract all they want, it doesn't apply to anyone. And the fact that, when you took out your loan, the banks did not DISCLOSE to you where the funds come from, or that you where the one creating the money. That seemingly large piece of disclosure, makes that contract null and void instantly. Coz if you knew that information, you would hardly think that it was a mutually fair contract.
Believe it, Or not.
Offered for entertainment purposes only.
Lion Finance they are a mob of grubs. The lowest form I too have received calls such as this looking for my next door neighbour. Another neighbour on the other side of the one being looked for has also received calls. How do they get our mobile phone numbers to do this? They are obviously linking our proximity to their target with our mobile numbers! Our approach has been the same. DO YOUR OWN DIRTY WORK AND DON'T HARASS US!
65 complaints this year
146 total complaints
Rob on (02) 8020 1202
Just another call number to put on my blocked call list.
I donate where I want to donate.
select options on (02) 6711 1612
I called back number (02) 6711 1612 spoke to a woman who said company name is select options.
Mal on (02) 9745 8499
Burwood Police Station in NSW
Ben on 0458 478 123
Ben from st helens
RSPCA INSURANCE on (02) 8823 1382
Did a quote 5 minutes ago and they are already calling me!!!