Contacted By 03445560225 | Cabot Finance Debt Collectors | Cabot Finance Debt Collectors Help

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Contacted By 03445560225 | Cabot Finance Debt Collectors | Cabot Finance Debt Collectors Help

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Cabot Financial (Europe) Limited is an Appointed Representative of Cabot Credit Management Group Limited which is authorised and regulated by the Financial Conduct Authority with firm reference number 677910. It’s not your fault. Complaints to the Financial Ombudsman have risen this year from 830 to 2,006, so it’s safe to say that you’re not alone. Founded in 1998, Cabot Financial are one of the older debt collectors and debt purchasing companies out there. They chase debts on behalf of other businesses and buy debts themselves to recover and keep.

However, one of the first things that you notice when you enter the Cabot Financial Europe Limited website is that they state that they are different from other debt purchase companies. They claim that they supposedly take a flexible and friendly approach to recover debt from ‘customers’, including arranging repayment plans that suit the customer and taking the time to understand the individual and their own circumstances. The Cabot Credit Management Group owns six UK debt collection agencies and three debt collection businesses in Europe, namely Spain, Ireland and France.

This means that they will buy the remaining balance of a loan, credit card or any other form of debt that you may have with another lender, and then take up the job of chasing it with you for payment. If you owed a credit card debt to a bank, you would now owe the same amount or more to Cabot Financial. They seem to take a modern approach to debt recovery, chasing you through the more standard approaches, such as over email and by the phone, before allowing you to make a payment via their online portal. Cabot Financial collect debt for the DVLA, Scottish Power, First utility, NPower and similar utility bills companies.

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