Credit Collections (UK) Ltd operates letter before action service as part of our outsourced credit control services. We offer tailor made
letter before action and credit control services to all types of businesses
throughout the UK.
Our letter before action service is part of our approach to have a fair debt collection process
geared to work with you to supply a comprehensive yet fair debt
collection service that will enhance your own credit control
procedures, improve your cash flow and reduce your debtor days.
Credit Collections (UK) Ltd has been registered
as a debt collection agency for over 20 years and is licensed
by the Office of Fair Trading for debt collection services including a letter before action service. Credit
Collections (UK) Ltd is also a member of the Credit Services
Association (CSA) thus assuring you we always operate to the
very highest ethical & fair debt collection standards.
Let us help you recover your debts quickly using our letter before action services and expertise. Debt collection agencies
are an excellent, easy & affordable way of collecting bad
debt. Our debt collectors are professional in the way they issue letters before action & request
payment of unpaid accounts from your customers. Credit Collections (UK) Ltd will help
collect your accounts quickly and efficiently leaving you time
to concentrate on your core business.
Many debtors experiencing financial difficulties will prioritise
their creditors for payment. Often, those creditors who promptly issue a letter before action are most likely to
be paid first. Our letter before action service can help
you get to the front of the creditor queue, and is one of the
most efficient and cost-effective ways to debt collect.
Although you may have already written to your customer requesting
payment of the debt, a letter before action from a debt collection agency operating
fair debt collection practices such as Credit Collections (UK)
Ltd does carry a significant threat. A high percentage of debtors
do respond to our letters before action. Debtors will understand
that the payment demands are no longer an idle threat. Our letters before action are not only sent by post, we also make use of
telephone, fax, email & text messages therefore ensuring
that we get the direct attention of the principal contact regarding
the debt collection matter.
Since August 2002, for business to business debt collection
matters, you are able recover interest at 8% above base rate,
as well as compensation under the Late Payment of Commercial
Debts (Interest) Act 1998. Claiming interest & compensation
under this statute often means that the cost of debt collection
using a letter before action service is significantly reduced.
