Credit Ltd is a debt purchasing company or debt collecting company listed
in the website of DBSG
(The Debt Buyers and Sellers Group) and/or mentioned in consumer finance
forms. They have a legitimate function as debt collectors, but there
is some indication that some such companies (not necessarily Thames
Credit), and especially the debt purchasing element, go a bit too far
sometimes and can make people's lives a misery when those same people
are at their most vulnerable. We do not suggest that they are acting
outside the law, but getting that letter or phone call is not exactly
helpful to you right now.
So the first thing
you must do if Thames Credit Ltd are bothering you is not to
panic or despair. That's just what they want! They'd love you
to call their number and speak to their specially trained sales team
for 'advice'. But once you do that you'll be suggestible to whatever
they tell you, instead of getting independent advice. While we always
say that you should keep an open dialogue with debt collectors, we would
recommend that you do so in writing only. This will prevent them 'railroading'
you into any action which is not in your best interests, as they so
love talking people into doing things on the spur of the moment. Of
course, they are only doing their job, but that's hardly a consolation
for you in the present situation.
There are several
courses that are open to you, and some will suit your own situation
better than others.
A sensible option,
we would suggest, is a debt management plan or even an IVA - which is
designed to actually write off a large chunk of your unsecured debt.
But you would need to take advice on this and look at your income and
expenditure in detail. This option won't suit everyone. There's more
on this below.
For an alternative type of
loan you could apply for a 'logbook loan' which many
people find a very handy option. It is actually a loan secured on your
car, except you get to keep the car and keep the cash as well! That's
why some people find it such a good idea, as it unlocks the equity in
your vehicle without taking away your means of transport (there's no
need to sell the car).
Yet another option
is a no credit-check guarantor loan. This is especially
useful because your own credit rating is not looked at; you must find
someone else willing to act as a guarantor for you such as a friend
or family member. This is an ideal solution if you're at the stage where
your credit profile has been downgraded by recent events, etc. So click
the following link for Unsecured Loans
that don't need you to be credit checked.
If you wanted to
try a debt management plan, then we provide a whole-of-market service,
with a number of debt management experts on our panel. So whatever your
circumstances, your application will find the plan for you, meaning
the optimum outcome for your situation. It also means
there are no minimum requirements for debt levels or income.
So apply for a debt management plan using the form below.
Also Known As: Thames Debt Collectors Ltd. , Thames Debt Ltd., etc.
Address: Wells House, 15-17 Elmfield Road, Bromley BR1 1LT
Telephone: 0208 3130033
Fax: 0208 3131022
Email: The address given in DBSG is an @aktiv-kapital.co.uk address.
Extra Data: Responsible
for at least one documented suicide (see below).
Thames Credit Ltd and
the Truth About Your Debt
Get a free QuickCreditScore
check by applying
Thames Credit Ltd
is a debt purchasing agency that has purchased the debt
from the original creditor (or in some cases an intermediary or third
party) for about a tenth or less of the original value and is brazenly
attempting to get the full sum of the original debt from you.
Thames Credit Limited
will use all sorts of methods to get money out of you in order to make
money from you. You may have already experienced bad dealings with them
on the phone. They may write you official-looking sternly drafted letters
threatening to send someone round to collect the money in full or that
they will take you to court if you cannot pay. Other tricks may include
saying that they will make a charging order on your property or make
So ask Thames Credit Ltd
for a copy of the original contract when you took out your loan or credit
To find out if you
qualify for an IVA or can benefit from a debt management programme,
try the IVA
Test. It's free to apply, and again you are protected by the consumer
laws regarding debt management at all stages. Click
here to go to the application form.
Data On Thames Credit Ltd
was Thames Credit who were implicated in the suicide of a 61 year-old
grandmother. Thames Credit hounded her for a £16,000 debt which
was not hers, and the woman was so troubled that she drowned herself
(source: Daily Mail online). In fact, Thames Credit had got the identity
wrong. The original loan was from GE Capital Bank and was defaulted
by an unknown man 200 miles away. GE sold the debt to Thames Credit
who wrongly associated the grandmother with the debt because of what
it described as an "administrative error".
that point onwards Thames Credit's pursuit was relentless.
receiving letters threatening that agents would call at her home to
"discuss repayment of the debt", she became so distraught
that she decided that the only way out was to take her own life.
South MP Mark Todd said: "We need to examine the
regulation of debt collection agencies who sell debt around like a
the full story visit http://www.dailymail.co.uk/news/article-484772/Grandmother-terrorised-death-bank-wrongly-hounded-16-000.html.
you have any information that you would like honest people to know
about Thames Credit Ltd then send us an email in complete confidence
and we will try to corroborate it with the clowns involved.
Policy | Help
Us | Contact
Us | Compliance
& Disclosure | Complaints
a look at the Insolvency Service's leaflet called 'In Debt', downloadable
of Debt Collectors
Thames Credit Ltd website is part of DPC Registry website group. All
rights reserved. Complaints Against Thames Credit Ltd debt collectors.