SLL Capital

Received a letter or call from SLL Capital? This guide explains who they are, why they’re contacting you, your legal rights, and what to do next.

Who Are SLL Capital?

SLL Capital Limited is a UK-based debt purchasing company that buys and manages debt portfolios. They purchase debts outright from original creditors, meaning when they contact you, they now legally own the debt - you owe the money to SLL Capital, not the original company.

They may contact you because:

They have purchased your debt from the original creditor
Your account was sold after it went into default
They are managing a debt on behalf of their portfolio

FCA Registration: SLL Capital Limited is authorised and regulated by the Financial Conduct Authority.

Companies House: Registered in England and Wales.

Contact Details

SLL Capital Limited

Second Floor 17-19 Foley Street London W1W 6DW

Telephone: 020 3657 5223

Your Legal Rights When Dealing With SLL Capital

You have important protections under the Consumer Credit Act 1974 and FCA regulations:

SLL Capital Must:

Prove they own the debt - provide documentation showing legal assignment
Supply the original credit agreement if you request it
Provide a statement of account showing how the balance was calculated
Treat you fairly and not use aggressive practices
Accept reasonable payment offers based on your circumstances
Communicate in writing only if you request this

SLL Capital Cannot:

Harass you with excessive phone calls
Contact you at unreasonable times (before 8am or after 9pm)
Discuss your debt with family, friends, or employers
Threaten legal action they don’t intend to take
Pretend to be bailiffs or claim they can seize property
Add unreasonable charges
Pressure you into unaffordable payments

How to Respond to an SLL Capital Letter

Step 1: Don’t Ignore It

Ignoring the letter could lead to:

A County Court Judgment (CCJ)
Damage to your credit file for 6 years
Potential enforcement action

Step 2: Verify the Debt

Write to SLL Capital requesting:

The name of the original creditor
A copy of the original signed credit agreement
Proof the debt was legally assigned to them
A full statement of account

Send by recorded delivery. They should respond within 12 working days.

Step 3: Check If the Debt Is Statute Barred

In England and Wales, a debt may become unenforceable if:

6 years have passed since your last payment or written acknowledgment
You haven’t made any payments in that time
You haven’t admitted to the debt in writing

Warning: Don’t make any payment or acknowledge the debt if it might be statute barred - this restarts the limitation period.

Step 4: Respond Based on Your Situation

If you can afford to pay: Contact SLL Capital to arrange payment. Negotiate a settlement - debt purchasers often accept 50-70% of the balance.

If you can only afford small payments: Send a financial statement and offer what you can realistically afford.

If you cannot afford any payments: You may qualify for a formal debt solution.

Can SLL Capital Send Bailiffs?

No. SLL Capital are debt purchasers/collectors, not bailiffs. They cannot:

Enter your property
Seize your belongings
Clamp your vehicle
Force entry to your home

Only certificated Enforcement Agents can take such action, and only after obtaining a County Court Judgment.

How to Complain About SLL Capital

If SLL Capital has treated you unfairly:

Complain directly to SLL Capital in writing
Contact the Financial Ombudsman Service if unsatisfied:
- Phone: 0800 023 4567
- Website: www.financial-ombudsman.org.uk

Struggling With SLL Capital and Other Debts?

If SLL Capital is one of several creditors, government-approved solutions can help:

Individual Voluntary Arrangement (IVA) - Write off up to 70% of debt with legal protection. Check if you qualify.

Debt Relief Order (DRO) - For debts under £30,000 with low income.

Debt Management Plan - Informal arrangement with reduced payments.

Take control of your debt. Use our free IVA calculator to see your options.