What is eui ltd prem tr on my Bank Statement? Debt Warning

Has a puzzling entry ‘eui ltd prem tr’ popped up on your bank statement, leaving you worried and confused? Fear not; you’re in the right place for answers. Every month, over 12,000 people just like you visit this site seeking guidance on such debt-related topics.

In this friendly guide, we’ll explore:

• Who EUI Ltd are and why they might appear on your bank statement.
• How to deal with EUI Ltd debt collection and lower your repayments.
• Your rights when dealing with debt collectors and how to protect them.
• The steps to take if you suspect the debt isn’t yours.
• How to contact Admiral Financial Services Limited for help.

Dealing with unknown debt collectors can be scary, but remember, you’re not alone. We understand the fear and worry that comes with such a situation, as some of our team have been in your shoes. They’ve dealt with debt and navigated their way out. So, we’re here to help you do the same. Let’s dive into the information you need to tackle this head-on.

Do you have to pay EUI Limited?

You might not have to pay EUI Limited.

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 eui ltd debt collection?

If you find a eui ltd prem tr on your statement, it’s a debit taken by EUI Limited, a debt recovery agency based in Cardiff, Wales. The company deals primarily with recovering outstanding insurance debts.

Is eui ltd legit?

Yes. As part of the Admiral Group plc which serves clients in many countries, EUI Limited is a legitimate subsidiary of the Admiral Group.

That said, another company may hire EUI to collect debts on their behalf. Or, they could have bought the debt and are chasing you for payment for themselves.

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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Is EUI Ltd a debt collection company?

Yes. EUI Ltd is a debt recovery company that was established in 1992. The business is based in Wales and is regulated by the Financial Conduct Authority (FCA).

So, you shouldn’t bin any letters you receive when EUI Ltd contacts you even though you don’t recognise the name!

Why would EUI Ltd take money from you?

You may find that EUI Ltd takes payment from your bank for a number of reasons. Moreover, they could be taking payments on behalf of their clients.

The debt collection company should have sent you a letter to inform you of the impending transaction. The letter should have detailed the amount they’ll take from your bank and the date of the transaction.

You’ll probably discover the amount taken is in relation to a late or missed payment to Admiral!

Who regulates Admiral Group plc?

Admiral Markets AS is regulated and authorised by the Estonian Financial Supervision Authority. They are regulated by the FCA in the UK.

Will EUI Limited run a credit check on you?

They may run a credit check on you. Check out what happened to one unfortunate person who found that Admiral had run a credit check on them:

Source: Moneysavingexpert

Is the debt about missed admiral insurance payments?

The debt could be related to a missed Admiral payment. If so, you should check all your statements to see if one or two didn’t go through.

It happens, especially these days when so many people are struggling with their finances!

What can debt collectors do?

Debt collectors like EUI Ltd can chase you for an alleged debt whether they’ve purchased it or working on behalf of another company.

In short, EUI Ltd can:

• Contact you by letter, phone, email, text or visit you at home
• Discuss an alleged debt with you politely showing empathy and understanding
• Ask that you pay the amount owed to them directly

What can’t debt collectors do?

The FCA sets out rules and guidelines that all accredited debt collection companies must follow. Moreover, there are laws in the UK that protect your privacy and consumer rights which must also be respected.

The things a debt collection agent may not do because it would be breaking the law includes:

• Forcing entry into your property, seizing possessions or clamping vehicles
• Inferring they are acting as enforcement agents (bailiffs) which is a criminal offence
• Using documents that seem to be official court-issued papers
• Discussing things with you using legal jargon just to confuse you
• Visiting you where you work
• Talking to your family, neighbours, employer or your friends about an alleged debt
• Putting pressure on you to take out another loan to repay what’s allegedly owed

Can a debt collector force entry into your home?

No debt collectors can’t force their way into your home. Nor can they pretend they have the same powers as a bailiff (court-appointed enforcement agents). If they do, they’d be breaking the law.

Can you prevent EUI ltd from contacting you?

No. As mentioned, debt collection companies have the right to contact you over an alleged debt. But you can stop them from calling you at all hours. How? You can write to the debt collector telling them when and how they can get in touch with you.

So, for example, you may wish for them to only contact you in writing. It’s a good idea because you have a record of everything they say and want from you!

What if EUI Ltd continues to phone you when you asked them not to?

EUI Ltd must oblige when you ask them to only contact you in writing. It’s always worth sending letters to debt collectors by registered post because not all of them act ethically!

If a debt collector continues to contact you in other ways and at all hours of the day, it could be deemed harassing unlawful behaviour.

Can you ignore EUI Limited?

No. It’s never a good move to ignore debt collectors. Things can escalate quite quickly making the situation that much worse.

It’s far better to respond in writing to Admiral Insurance and let them know what you are doing. For example, if you’re seeking debt advice, let the debt collection agency know!

Can debt collectors see your account balance UK? 

Yes. Debt collection agencies can access your bank account to find out if you’ve got any savings. They must apply to the courts first though and you’d need to attend to provide your authority. This would be done under oath.

How do you respond to eui ltd debt collection?

It can be disturbing to find a statement with a EUI Ltd debit on it and when EUI debt collectors contact you. However, once you’ve regained your composure, there are things you check before doing anything else which I’ve listed here:

• How old is the debt?
• Is the debt yours?
• Why has eui taken money from your account?

Is the debt too old to enforce?

Some debts are too old to enforce because they are at least six years old. It means courts won’t hear cases that involve debts this old which are deemed statute barred.

When is a debt statute-barred?

For a debt to be statute barred it must meet the following criteria:

• No payment was made towards the debt in the last six years
• No contact was made with the creditor in the last six years admitting liability
• There isn’t an existing County Court Judgement levied against the debt

Is the debt really yours?

The next step to take once you’re satisfied the debt is not too old to enforce is to write to the debt collector asking them to prove the debt is indeed yours!

Mistakes happen, whether clerical or other so it’s important to check you actually owe the money!

Debt collectors are obliged to prove the debt and if they can’t, you won’t have to pay. Moreover, a judge wouldn’t rule in their favour if there’s no hard proof the debt is yours!

“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 admiral financial services limited?

I’ve listed ways to contact Admiral Financial Services Limited and EUI limited in the table below:

How to deal with a eui ltd prem tr bank statement issue?

You should contact EUI Limited as soon as possible if you feel a mistake has been made and the money shouldn’t have been taken from your account.

You’d need to provide proof to support your claim that a mistake was made. Make sure you send all letters by registered post and keep copies for yourself. Like this, you know the letters have been delivered and you have records to prove things.

How do you complain about EUI Limited?

You have the right to complain to Admiral Insurance if you feel you’ve been treated unfairly or the debt collector acted inappropriately.

After this, you can lodge a complaint with the Financial Ombudsman Service (FOS) if you believe Admiral didn’t deal with you correctly!

Thanks for reading this post. I hope the information helps you deal with an Admiral debt and answers the question, what is eui ltd prem tr on my bank statement!