Should I pay Creditlink Account Recovery Solutions Debt?

Dealing with debt is stressful no matter how much is owed. So when you start getting letters from collection agencies, it doesn’t help. You may be asking, should I pay Creditlink Account Recovery Solutions debt, or can I ignore it?

Check out my post about Creditlink and who they are so you know how to deal with them!

Do you have to pay Creditlink Account Recovery Solutions?

You might not have to pay Creditlink Account Recovery Solutions.

If you genuinely can’t afford your debt repayments then looking into whether you could have your written off might be just what you need. 

If you want to find out whether you qualify for having debt written off or payments lowered then fill out the short form below.

Who is CARs Debt Collection?

Creditlink Account Recovery Solutions is CARs Debt Collection. They’re the same debt collection agency operating under two names. The result? Many people are suspicious of who they actually are!

To make things more confusing, the company also goes by the name C.A.R.S!

Creditlink provides the following services to clients who are owed money:

• They track down debtors
• The company buys third-party debts
• The business recovers outstanding debts for third parties

Creditlink earns a living by providing these services. Moreover, when the business buys a third-party debt, they pay peanuts for the privilege. In short, Creditlink profit margins are enormous!

Is Creditlink Account Recovery Solutions legit?

Yes. Sadly, Credilink Account Recovery Solutions is a legit debt collection business. So, when you get a letter from them, take it seriously!

The business is actually owned by JCIA Holdings, LLC which is a US company! They are regulated by the Financial Conduct Authority (FCA) here in the UK.

Can you lower your repayments?

If you’re struggling to pay back your debt, then you might qualify for a debt solution.

Some solutions lower your monthly payments while others write off a portion of your debt. 

To find out whether they could work in your situation, hit the button below.

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Why would you get a Creditlink letter?

You’d be contacted by Creditlink because you allegedly owe money to a company! Chances are the company sold the debt to Creditlink. Or maybe, the company asked the debt collection agency to recover the debt on their behalf!

Who uses Creditlink Account Recovery Solutions?

Numerous businesses and companies use Creditlink and I’ve listed just a few of the industries here:

• Telecommunications
• Insurance providers
• Consumer loans
• Credit Card providers
• Budget
• Virgin Media

If you owe money to any of the above or any other company that uses Creditlink, the debt collector will contact you. They’ll work on behalf of the company to recover the money owed. Or they could’ve purchased the debt from the company.

Can you ignore Creditlink Account Recovery Solutions?

No. It wouldn’t be wise to ignore any correspondence you get from Creditlink Account Recovery Solutions. They can take you to court which could be stressful.

Binning a letter from a debt collector won’t make the problem disappear. On the contrary, it could make matters even worse. Debt collectors are persistent and won’t give up chasing you for the money!

Take a look at this question from a concerned motorist.

Source: moneysavingexpert

Rather than ignore Creditlink Account Recovery Solutions, contact the company and try to sort things out to your advantage!

Should you pay Creditlink Account Recovery Solutions?

You should only pay Creditlink when you know the debt is yours. Moreover, if you can afford it!

But first, ask the debt collector to ‘prove the debt’. It’s a good move that can gain you a little time. Plus, if the debt can’t be proven, you won’t have to pay!

Also, don’t panic when you get threatening letters from the debt collector. If you’re worried, seek advice from one of the debt charities. Their advice is free and could be invaluable in times of debt trouble.

Can you stop Creditlink from contacting you?

You can contact Creditlink and tell them how and when they can contact you. The law states that debt collectors cannot ‘harass’ you or use dishonest tactics!

The company must respect your request which should be in writing and sent by registered post! If they don’t, you can report them to the Financial Conduct Authority (FCA).

Moreover, the debt collector would be breaking the law if they continue to harass you with unwanted calls!

Can Creditlink visit you at home?

Yes, but you should be given a 7-day warning in writing before Creditlink turns up at your door. Moreover, their powers are limited which means a debt collector can’t force entry into your property.

A debt collector can only request a payment from you. And it has to be the amount you owe.

What can’t Creditlink legally do?

There are things that debt collectors can and cannot do. I’ve listed them here:

• A debt collector cannot harass you
• They cannot harass or threaten you
• Call you at unreasonable times of the day or evening
• Force you to apply for another loan to pay the debt you owe them
• Use tactics that trick you into paying such as claiming they have powers they don’t have
• Use documents that look like a court have issued them
• Breach your privacy by contacting others about your debt

If a debt collector does any of the above, you’ve got the right to lodge a complaint with Creditlink first. Then, you should contact the Financial Ombudsman!

Can Creditlink take you to court?

Yes. Creditlink could take you to court when you ignore any correspondence from them. The debt collector could apply for a County Court Judgement (CCJ) to be issued against you.

The CCJ is registered on your credit history and it’ll negatively impact your ability to borrow, get a loan or a mortgage!

If things really get out of hand, a bankruptcy petition could be issued against you although this rarely happens. It is, however, worth taking on board.

“It will only get worse” 😩

It’s cliché to say, but with debt it’s true; the longer you leave it, the worse the problem gets. 

There are straightforward and effective ways to deal with debt, but you have to know your options. 

Fill out the short form to find out about the debt solutions that could reduce your monthly payments or even write off some of your debt.

Get Started

How do you contact Creditlink Account Recovery Solutions?

I’ve listed how to contact Creditlink here.

Lastly, should I pay Creditlink Account Recovery Solutions debt?

If you owe the money and can afford it, you should try to pay Creditlink when they contact you. That said, first ask the debt collector to ‘prove the debt’ because it gains you a little time.

Moreover, if the debt can’t be proven, you won’t have to pay!

The one thing you should avoid doing is binning any correspondence from Creditlink because things will only escalate. A stressful situation will only get worse when you ignore things!

Instead, contact the company and ask them to arrange a reasonable repayment schedule. One that doesn’t make your life difficult and one which you can afford!

Thanks for reading my post about Creditlink Account Recovery Solutions. I hope the information helps you deal with the debt collector so the outcome is positive.