CREDIT UNION
‘TWISTERS’
HIT CITY
Twisters have a classification of F1 to F6; the classification was originally devised by the late Professor Theodore Fujita ( and I thought fujitas were a type of Tex Mex food!).
So what have Twisters got to do with our Credit Union in downtown Corsham Street? Good question!
Our Vice President Terry Dodd, informs me that our Credit Union has a growing number - albeit still small - of ‘twisters’, ie those who do not want to repay their loans! If I, like old Prof. Theo, put an ‘F’ in front of the word twister, this would give us ‘F…ing twisters’! You may get my drift! For, although as I say, these twisters are in the main small in number and ex-members of ODRTS (both drivers and staff), they are causing us some grief.
Call-Sign is on the Internet and gets to every nook and
cranny of the cab-trade, so existing twisters and those would-be twisters
hoping to cause their own bit of havoc, please read our delinquency
procedure at the end of this article.
When tornadoes hit, people tend to leave town in a hurry or
hide under the stairs. Don’t be fooled into thinking such action will
escape detection, as our debt recovery agency will be sure to find you!
DACCU DELINQUENCY PROCEDURE
- If no repayments are received for 4 weeks, a letter will be sent to the member concerned requesting payment and a response as to why payment was not initially made.
-
If no reply has been received within 7 days thereafter, an automatic
transfer of shares will be made
to pay off the loan and recovery sought for any outstanding balance.
- If there is still no response, the member’s file will be sent to the debt recovery agency. any time, the member contacts the Dial-a-Cab Credit Union to discuss and resolve their problems, the recovery process will be put on hold but recommenced immediately should the Board of Directors not find the proposed course of action acceptable. However, if the member’s payments lapse again in the future, then the above action will be reinstated and their file forwarded to the debt recovery agency.
If you have any problems with repaying your loan, come and see if we can help. We’ll always try to if we can. But don’t try to hide.
Terry
Lynn
DACCU
President
