Do you owe money to Cabot Financial?
If you have debts of over £5000, you may be able to write off your debt with an IVA
What is Cabot Financial UK Limited?
Cabot Financial have been operating as debt collectors since 1998. They are based in Kings Hill, Kent and are registered in England and Wales.
Cabot Financial (Europe) Limited is a member of the Cabot Credit Management Group Limited, which is authorised and regulated by the Financial Conduct Authority.
If you are being chased for debt by Cabot Financial, or another debt collection company, it can be a frightening experience. Click ‘Get Started For Free’ to see what support our team can offer you.
We have years of experience in dealing with debt purchase companies like Cabot Financial. We’ve helped many people in your situation to break free from debt, take back control of their lives and rebuild their confidence.
Is Cabot Financial legit?
Yes. Cabot Financial Limited is an Appointed Representative of Cabot Credit Management Group Limited. Cabot Credit Management is authorised and regulated by the Financial Conduct Authority (FCA) with firm reference number 677910. Cabot Financial Europe Limited is registered in England and Wales, and they have the following records on the Companies House website:
- Registered company name: Cabot Financial (Europe) Limited
- Company No.: 3439445
- Registered Office: 1 Kings Hill Avenue, Kings Hill, West Malling, Kent ME194UA.
Cabot Financial (Marlin) Limited is registered in England and Wales, and the business has the following official information at Companies House:
- Company No.: 4618038
- Registered Office: Marlin House, 16-22 Grafton Road, Worthing, West Sussex, BN11 1QP.
What should I do if Cabot Financial contact me?
Cabot Financial chase their debtors until they pay their debt account in full. If the company has contacted you, you should take their communication seriously.
If you ignore messages from Cabot Financial about your account, your debt situation will become more serious. If you’d like support with Cabot Financial contact our team today on 0800 233 5753 or click ‘Get Started For Free’.
Why have Cabot Financial contacted me?
If you’ve received a letter, email or calls from Cabot Financial Europe Limited then it’s likely because they have purchased your debt or they are collecting for a company that they believe you owe money to. They’ve now made it their job to take steps to recover your debt account.
Cabot Financial Europe Limited collect debts for a range of companies, including:
- Scottish Power
- First Utility
- Finance Companies – for example, if you’ve taken on a loan or credit cards
- Unpaid bills for mobiles and landlines
If you’ve broken a credit agreement with one of these companies, then you may hear from Cabot Financial. Their letters and emails can feel quite frightening. Don’t take this to heart. Intimidation tactics are common methods that these companies use in their debt recovery actions. Making a profit matters more to their agents than your interests.
How can I stop Cabot Financial chasing me?
As a debt collection agency, Cabot Financial will not stop pursuing you until they get the money that they believe you owe them. The only ways to stop their contact are:
- To pay off your debt account in full, if you have the funds
- To agree a repayment plan for your account
- To appoint a team of debt experts to deal with this debt collection agency on your behalf, and help you find a solution for your debt.
Should I pay Cabot Financial directly?
If you are sure that the debt account is yours, and you have the money to pay, then paying your debt account off as a lump sum is the quickest way to get rid of them.
If you have unsecured debts of over £5,000 with multiple creditors, perhaps a high-interest rate, and you can’t afford to make the repayments then you can contact us for support and an overview of your options by clicking ‘Get Started For Free’. We’ve helped people from all over the UK from Cardiff to London and Glasgow.
How do I make payments to Cabot Financial?
Cabot Financial take the following accepted payments:
- Bank transfer
- Postal order
- Debit card
- Credit card
- Online banking
- Standing order
- Direct Debit
You can also manage your account through online options. The Cabot website encourages you to ‘Download the MyCabot App to sign in using TouchID and manage your account anywhere, anytime.’ Connect with their app on the App Store or Google Play. If you forget your password details, you can reset it on the app home page.
They take all commonly accepted card types: Mastercard, Visa, Electron, Maestro, Debit Visa, Electron, Maestro, Visa Debit.
How can I get in contact with Cabot Financial?
You can reach Cabot Financial in the following ways:
- Cabot Financial Contact Number: 0344 556 0263
- Office address: Cabot Financial, PO Box 241, West Malling, Kent, ME19 4UA (the company’s registered office)
- Website: www.cabotfinancial.co.uk
- Email: None listed
Remember to have your reference number to hand so the office staff can easily find your account information.
Will Cabot Financial take me to court?
If you ignore their messages and don’t agree to repay your debt, then yes they may take you to court to recover your debt account.
Cabot Financial may apply for a County Court Judgment (CCJ) to force you to legally recognise your debt and to agree on a payment method. Unless you pay the CCJ within the 30-day deadline, it will remain on your credit file for the next six years, and negatively affect your credit rating.
Cabot Financial may ask the court for a charging order, which secures your debt against your property. In the most severe cases, they could then apply for an ‘order for sale’ to force you to sell the property so they can reclaim your debt.
Don’t let your account escalate to this stage. Contact a member of our advisor team today, and we can explore what debt payment plan is the best option for you. The person you speak to will be happy to answer any questions about your rights and the process. No matter what debt situation you are facing, we’ll be glad to share our knowledge and to guide you on your next steps.
Can Cabot Financial send bailiffs to my house?
Yes. Following court action, they can send an agent or bailiff to your door to discuss how you will repay your debt. You should receive notice of their visit.
We recommend that:
- You ask to see their ID
- You ask for confirmation of who they are representing and the amount they are collecting
- You don’t let them inside
- You get in touch with our team on 0800 233 5753 to see if we can deal with them on your behalf.
When you are in trouble with your finances and have built up a debt account, it can often feel like there is nothing you can do. In our experience, there is ALWAYS something you can do.
You can expect every member of IVA Online to deal with your cases in a professional manner and with respect and understanding. We pride ourself of the positive reviews and messages of thanks we receive from the clients we have helped with each step towards their debt-free journey.
I’m unhappy with how Cabot Financial Europe Limited have treated me
We see so many cases of people who feel debt collection companies have mistreated them. In the first instance you should raise any complaints directly with Cabot Financial.
They prefer you to phone them on 0345 849 8891, but you can also email your complaint to their dedicated complaint email mailbox, email@example.com. You could also write to their registered office.
Remember to quote your customer reference number and to keep a copy of any written communication that you send by email or to their offices about your debt account.
The Cabot Credit Management Group Limited (CCM) is authorised and regulated by the Financial Conduct Authority and registered in England and Wales. You can therefore escalate your complaint to the Financial Ombudsman Service if you are unhappy with their response. You can reach the FOS through the following details:
- Post: Financial Ombudsman Service, Exchange Tower, London, E14 9SR
- Tel: 0300 1239 123
- Email: firstname.lastname@example.org
- Website: www.financial-ombudsman.org.uk
In addition, Cabot are members of the Credit Services Association (CSA), who you can contact for mediation services if the FOS can’t assist.
What is Cabot Credit Management Group?
It’s a group of companies offering credit management services, including debt collection. Cabot Financial Europe Limited is part of the group.
Cabot Credit Management Group Limited is authorised and regulated by the Financial Conduct Authority with firm reference number 677910. The firm is registered in England and Wales with Company No: 4934534. Its registered office is 1 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4UA. Cabot also has a registration with the Lending Standards Board.
What is a debt purchase company?
A debt purchase company such as Cabot Financial buys a portfolio of debts from a creditor, typically for a fraction of the value of the debt. They then work hard to make a profit on these accounts by getting the debtors to repay as much money as possible.
If debtors are unresponsive to contact, then the debt agency may take the debtor to court and seek official means of getting them to repay their credit commitments.
What is Cabot Financial’s registered office address?
Cabot Financial Limited is registered in England and Wales with a registered office at 1 Kings Hill Avenue, Kings Hill, West Malling, Kent ME194UA.
You can write to their registered office when communicating about your debt account.
Will Cabot Financial write off my debts?
If you have debts with Cabot and other creditors that exceed a total of £5,000, you may be able to write off some of your debts with an IVA. Your total debt can be from a variety of sources.
You’ll need to work with an Insolvency Practitioner who will approach each lender you have a case with to present the numbers in an IVA request.
You can find out more about IVAs in the table of contents.
Where can I get free support about Cabot?
At IVA Online we have a lot of experience in dealing with debt collectors like Cabot for our customers. We understand their debt collection strategy, their powers and the things you can do to improve your chances of resolving your situation.
You can have a chat with a member of the team at 0800 233 5753, who will be happy to give you tips, point you in the right direction and connect you with free debt advice. As an alternative to a call, you can message us by clicking ‘Get Started For Free’.
We know that sometimes it just helps to speak to someone. You are not alone. Thousands of others are experiencing similar debt issues right now.
Do Cabot collect for HMRC?
Cabot do not currently have access to collect debts such as unpaid income tax for HMRC.