Lowell Financial Ltd: This is How to Stop Them Instantly for Free (2024)

If you ignore your debts with Lowell Financial, they have the choice of a number of different approaches.

Lowell may make a court claim against yourself. This action is a cheap but popular way for them to reclaim their money. If they choose this method, you will receive a claim form through the post, and you would either have to pay the money in full or dispute the bill. If you dispute the bill against Lowell Financial Ltd, you should take legal advice, as a lot of defences will not work in this situation.

Yes, Lowell Financial manages debts that originate from a number of other creditor companies including:

• Mobile phone businesses
• Banks
• Household bills from utility companies

Once the company has sold your debt, you no longer work with that business to manage your debt; the collection agency takes over and will communicate with you about your repayment plans.

It may be possible to write off any debts that you have with Lowell group if you have a total of £5000 or more of unsecured debts. The total debt balance can include loans, credit cards, catalogues, payday loans, overdrafts and any other unsecured debt.

Lowell group is comprised of the following companies that are authorised and regulated by the Financial Conduct Authority:

• Lowell Portfolio 1 Ltd (FCA number 730071) who work with other companies to take on their debt
• Lowell Financial Ltd (FCA number 730175 who manage these debts and work with customers to agree to repayment plans.

The Lowell group registered offices are at Ellington House, 9 Savannah Way, Leeds, LS10 1AB.

Yes, Lowell have the option to make a court claim against your debt. If the company takes this action, then you will receive notification by post. If you receive a notification you have two options:

• Pay the bill
• Dispute the bill.

If you decide to dispute the claim from the Lowell group, then we recommend that you take legal advice to guide you on the best way to proceed with your dispute.

You can contact Lowell Financial in the following ways:

• Postal address: Ellington House, 9 Savannah Way, Leeds, LS10 1AB
• Phone number: 0333 556 5550
• Online:register for an account and use your Lowell log in to make a contact

Yes, Lowell Portfolio i Ltd, and Lowell Financial Limited are authorised and regulated by the Financial Conduct Authority.

The registered office address for Lowell Group is Ellington House, 9 Savannah Way, Leeds, LS10 1AB.

If you have complaints regarding Lowell, then you call their dedicated Customer Relations phone number on 0800 542 0058 on weekdays between 8 am and 6 pm. The Lowell group companies are authorised and regulated by the Financial Conduct Authority, so if you are not satisfied with how they handled your complaint, then you can contact the Financial Ombudsman Service as follows:

• Post: The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
• Phone number: 0800 0 234 567 or 0300 123 9 123
• Email:complaint.info@financial-ombudsman.org.uk

If you receive contact from this company, then you can call us immediately from independent, free advice. Lowell Solicitors will ask you to pay in one of the following five ways:

• Pay online by registering an account and calculating your budget and what repayment plan you can afford
• Call them on the number they provided in their correspondence
• Bank transfer
• Direct debit or Standing order
• Recurring debit card payments

Lowell Financial Ltd incorporated in England and Wales in October 2002 under company number 04558936, with a registered office at Ellington House 9 Savannah Way, Leeds Valley Park, Leeds, West Yorkshire, LS10 1AB. The company, therefore, has significant experience as a debt collection agency.

Lowell Portfolio 1 Ltd incorporated in August 2003 under company number 04857418. The company uses the same registered office address in Leeds.

They are a legitimate company. You can find out more insights on them, their practice and views from their clients on the independent review site, Trustpilot.

A CCJ is a County Court Judgement, which is a formal legal decision made by a County Court, which involves the Court instructing you to repay the debt.

The Court records CCJs, if a debtor does not repay what they owe in full within one month of the CCJ notice, on a publicly accessible register called the Register of Judgments, Orders and Fines. A CCJ will appear on a personal credit report for six years, and reduce the individual’s chances of securing credit in the future.

If a creditor makes a court order against you, they can also apply for a charging order, which secures the money you own on your assets, such as your house.

If you have received a letter or a card from a debt collector,contact us immediatelyfor independent, confidential and free debt advice. Our understanding team will support you with the respect and performance that you need.

The debt collection company may offer you a budget calculator to help you estimate the best way to repay your debts, for example, through a payment plan. Most debt collection agencies will give the choice of a number of payment methods, including:

• Online payments
• A phone number to call
• Bank transfers
• Cheque
• Direct debit
• Standing order

When selecting a payment plan, it’s crucial to choose a way that is most affordable based on your income, such as wages, and financial obligations. If you fail to pay instalments on a debt repayment plan, then this could lead to further fees and legal action. Do not ignore communications from debt collectors as they can spiral into a crisis, and put additional stress and costs into your life.

If you have a question about anything to do with a debt collection agency that is contacting you, then you are of course welcome to contact us. We pride ourselves on excellence and support lots of clients in this way. We receive many messages of thanks for our services.

An Individual Voluntary Arrangement (IVA) is a formal agreement in place between a consumer and creditors to pay part or all of a debt. For example, an individual may owe money to banks, HMRC, utility companies and the council; the insolvency practitioner would make an arrangement with each creditor for the duration of the IVA.

To understand more about the essentials and features of an IVA you can speak to a member of our team.