Just because you received a debt letter from Credit G Debt Collection Agency doesn’t mean you may end up settling the debt every time. But it’s not a wise thing to do to ignore their letters as it could put you into a situation where you might find hardship in solving it easily.
Let us walk you through your options in dealing with them…
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You might be surprised if you are hearing about a debt issue from a company named Credit G Debt for the first time. Sometimes, they might send you debt letters that might implicate taking court actions. You might be wondering how to deal with them.
Don’t worry. We’ve got you covered. With this guide, you will find who they are and how to deal with them effectively.
Who are Credit G Debt Recovery?
Credit G is a debt collection company that specialises in providing credit management and debt collection services within the UK since 1998. Their headquarters is based in South Croydon, while having several offices across the UK.
They generate their revenue mainly in two ways.
In addition to the above services, they offer Tracing, Housing Benefit Investigation, and Litigation as well.
Below are some facts about Credit G that will help you to verify their legitimacy.
As you can see, they are a legitimate company. Hence it is better to take their reachouts seriously in order to prevent facing further escalations.
Are Credit G Debt Recovery bailiffs?
No, Credit G company’s debt-collecting agents are NOT bailiffs. They operate primarily in the realm of pre-court actions, working as intermediaries. They lack the legal authority to seize assets while they might send out strongly worded communications.
In order to involve bailiffs, Credit G can ask your original creditor to go to court to solve this debt issue if you ignore all of their communication. Then, your original creditor will take your debt issue to court and take a warrant or a writ of conduct to use bailiffs to visit your home and seize your belongings. Only the judge can permit the claimant to use enforcement action through bailiffs.
As you can see, getting the involvement of bailiffs in your debt issue is the last resort they are going to use unless all other attempts to recover the debt fail.
Hence, Credit G debt Collection agents lack the right to assert that they can seize your possessions as a means to settle the debt. If they proceed with such actions, it is advisable to notify the Financial Ombudsman Service (FOS), which may lead to potential fines for the company.
Who does Credit G Debt Recovery work for?
Credit G boasts an impressive clientele list spanning both public and private sectors.
Their website states that they have primarily helped in debt recovery for the following clients in the UK.
Their commitment to their clients is as unwavering as their pursuit of unpaid debts. As you can see, the reason for Credit G to chase after you to recover their debts can vary. Thus, it is advised not to take light lightly about their debt letters.
Credit G Debt Recovery reviews
Interestingly, Credit G seems to be quite discreet despite their significant presence in the debt collection industry. They’re notably absent from major review platforms like Google Reviews or Trustpilot, which may suggest a strategic decision to avoid unnecessary attention.
Have You Received a Credit G Debt Letter?
Credit G Debt Collection agents will initiate contact with you through various means, such as letters, phone calls, and emails, if you disregard their initial notice letter.
You can engage with them to explore the possibility of establishing a manageable payment plan for debt resolution over time If you choose to respond to one of these communications.
They will send you one last letter titled “Letter Before Action (LBA)” to let you know that they are going to take your debt case to court to find a solution if you do not settle the debt before the due date mentioned in the letter. You will have to face a court case if you ignore or throw away this letter.
Here’s a breakdown of its contents:
- Debt Details: It will clearly specify the amount owed, the creditor, and potentially the origin of the debt.
- Actions to Take: Credit G will outline the recommended steps for you to follow, which could range from getting in touch with them to discuss a repayment plan to disputing the debt.
- Consequences of Non-action: The letter will list potential repercussions if you choose to ignore it. While it sounds dire, remember it’s meant to emphasise the importance of the situation.
There are three primary reasons:
- Unpaid Debts: The most apparent reason is an outstanding debt, which could be something you’ve overlooked or are unaware of.
- Misidentification: Mistakes can occur, and it’s possible that Credit G has the wrong person and the debt isn’t actually yours.
- Previous Owner’s Debt: If you’ve recently moved to a new residence, debt letters sometimes end up being addressed to previous occupants and can mistakenly reach you.
Here are immediate steps to consider:
- Stay Calm: Panic won’t be of assistance. Maintain your composure, take deep breaths, and approach the situation logically.
- Verify the Debt: Before taking any action, ensure that the debt is legitimate and indeed yours. Errors can happen, so it’s essential to confirm.
- Contact Credit G: Communication is crucial. Reach out to them to express your concerns, ask questions, or potentially establish a repayment plan.
- Seek Legal Counsel: If the situation seems complex or you have concerns, consider seeking legal advice. Knowledge can be your best defence.
While it’s a challenge, the letter also serves as an opportunity. Think about it:
- Clearing Debts: It can serve as motivation to clear any remaining financial obligations, liberating you from the burden of debt.
- Building Financial Awareness: Such experiences often lead to improved financial management in the future.
- Engaging in Constructive Dialogue: Rather than fearing Credit G, view them as a mediator. Engaging in open conversations may reveal them to be more understanding than you initially thought.
Do You Have to Pay Credit G Debt Recovery?
Just because you’ve received an LBA from Credit G doesn’t mean you’re bound to pay immediately. However, sweeping it under the carpet isn’t wise either.
However, it’s crucial not to disregard their notice letters. As previously mentioned, failing to respond to their legal notices could potentially result in a court action against you.
In light of the fact that neither immediate payment nor ignoring the letter is advisable, you might wonder how you should go about responding to Credit G.
What can you do instead of paying?
You have the right to request debt validation from Credit G before considering any payments. To do so, simply draft a request letter with the title “Request for Prove the Debt,” in which you ask Credit G to prove you really owe them.
Furthermore, ensure you request written evidence from them through the context of the letter. Legally, they are obligated to respond with evidence. Credit G should at least reply with a copy of the original credit agreement that you had with your initial creditor to validate the debt.
If they fail to provide proof, you are not obligated by law to settle the debt. It’s essential to retain a copy of the request letter and dispatch it through a traceable mail service. These records will be valuable if Credit G proceeds directly to court without responding with the necessary evidence.
Credit G Debt Recovery proved I owe the money
The easiest way to stop the Credit G Debt Collection agent’s communication is to settle the debt and get done with it if they send you proof that you owe them.
Or else you can get in touch with them to arrange an affordable payment plan to settle the debt with time if you’re finding it difficult to settle the debt in one go.
Sometimes, Credit G Debt might suggest a payment plan that you might not be able to afford. Don’t worry in those situations. Instead, you are allowed to search for other debt solutions available in the UK.
Keep reading. We have created a dedicated section by the end of this article.
Check to see if your debt with Credit G can even go to court and be collectable
Occasionally, debts owed to Credit G can become legally unenforceable if they fall under the Statute-Barred debt category (old debts).
To achieve a Statute-Barred status from the court, you must satisfy three specific conditions concurrently:
Your debt becomes statute-barred if the above three conditions are fulfilled at the same time. As a result, your debt becomes legally unenforceable while the debt technically still exists. Simply, it means that if you ignore paying the debt, they cannot go to court against you for it.
But just because your debts become legally unenforceable by the court does not mean your credit history will clear your debt as well. Instead, receiving a Statute-Barred excuse for your debt will negatively affect your credit history.
As a result, you may face difficulties in getting new loans and credit cards in the future.
However, not all debts become statute-barred. HMRC debts and debts with a County Court Judgment (CCJ) remain enforceable for extended periods.
It’s better to seek debt advice from a debt advisor if you’re unsure about your debt’s status. These advisors can assess your debt, determine its status, and guide you on the appropriate actions to take.
Will Credit G take me to court?
Not all debts are eligible for court proceedings. Some, due to their age or nature, are deemed statute-barred, meaning they can’t be legally pursued. Before panicking, it’s wise to understand the status of your debt.
Credit G operates primarily as a mediator. Their aim is to resolve matters before they escalate to courtrooms. However, the clients they represent may have different opinions.
Some might opt for a quick out-of-court settlement, while others may be patient enough to tread the legal path. On the other hand, Credit G also might ask your creditor to take your debt case to court if you ignore their reachouts.
So it’s not so much about what Credit G wants but what their client deems necessary.
How to Make a Complaint against Credit G Debt?
The Credit G Debt Collection Agency operates under the authorisation and regulation of the Financial Conduct Authority (FCA). Therefore, they are obligated to adhere to stringent FCA guidelines in their debt recovery processes.
You have certain rights when dealing with debt collectors like Credit G Debt Collection Agency:
To address such grievances:
If legal authorities find Credit G guilty of misconduct, they may be subject to substantial fines or end up paying compensation to you.
If you encounter challenges in your dealings with Credit G, you can seek assistance from respected debt advisory organisations such as Citizens Advice, National Debtline, and StepChange.
These organisations offer free debt advice to help you comprehend your rights and navigate the complaint process with Credit G Debt Collection Agency.
Other Debt Collectors to look for on your Credit Report
It’s advisable to thoroughly examine the possibility of having additional outstanding debts with various entities or debt collection agencies.
In order to do this, you can follow these four steps:
The United Kingdom houses a multitude of debt collection agencies, each of which collaborates with different creditors to retrieve outstanding debts.
For example, Cabot Financial is known for its collections on behalf of the DVLA, while Lowell Financial and PRA Group specialise in acquiring debts from various credit card companies like Barclaycard.
Credit G Contact Information
Below are some of the contact details of Credit G that you can use to get in touch with them
| Website: | https://www.creditg.com/ |
| Phone: | 0203 637 8408 |
| Address: | Credit G Ltd., PO Box 3158, South Croydon, Surrey, CR2 6WY |
Credit G debt support and advice services
No one should navigate the confusing waters of debt alone. Several organisations, such as Citizens Advice and StepChange, offer invaluable free advice on debt issues. Engage with them and empower yourself with knowledge.
More help dealing with arrears and debts
In the UK, there are various alternative debt solutions to consider. Sometimes, you may encounter difficulties in agreeing to the proposed payment plans from Credit G Debt Collection Agency, especially if they are financially burdensome.
In such situations, it is advisable to explore alternative debt solutions that can effectively address your debt-related concerns.
However, it’s crucial to keep in mind that each of these debt solutions has specific eligibility criteria. Selecting the right one can lead to debt resolution while choosing the wrong one could worsen your financial circumstances.
Hence, seeking guidance from a professional debt advisor is a prudent step to take if you find it challenging to determine the most suitable debt solution on your own.
Alternatively, if you need personalised assistance based on your current financial situation, please feel free to complete our online form by clicking here to receive help from our Money Advisor Team.
Key Points:
- Credit G Debt Recovery is a renowned UK-based debt collection agency.
- Credit G isn’t synonymous with bailiffs. They won’t seize your belongings but will request payment and might resort to threatening legal actions.
- An interesting fact is that numerous UK residents could legally write off a portion of their debt.
- Credit G undertakes assignments for both public and private entities, recovering debts ranging from unpaid fines and loans to lingering utility bill arrears.
- You hold the right to ask for evidence of the alleged debt before shelling out any payment if you receive a Letter Before Action (LBA) from Credit G.
- Some debts, known as statute-barred debts, have aged beyond the point of court action, making them unenforceable in the court.
- Should you find that you genuinely owe money to Credit G, consider two main avenues: discuss with them to get a payment plan or dive into the array of UK debt solutions available.
