This isn’t a full fact find, Thrifty Family doesn’t give advice. We work with The Debt Advice Service who provides information about your options.
For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.
My name’s Janine, and I’m a mum of two who’s always been passionate about trying to cut down spending costs. I am now sharing as much financial knowledge as I possibly can to help your money go that little bit further.
For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.
This isn’t a full fact find, Thrifty Family doesn’t give advice. We work with The Debt Advice Service who provides information about your options.
What is Jefferson Capital International acquisition?
Also known as JC International Acquisition or JCIA, Jefferson Capital International Acquisition is one of the largest debt purchasers in the UK. The business buys debts from various third-party companies including banks, credit card providers, and financiers to name but three.
The company was founded in America in 2002 and operates in the UK under the names JCIA and Creditlink Account Recovery Services (CARS).
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.
Who does JC International Acquisition LLC collect for?
As mentioned, JC International Acquisition LLC buys debts and collects debts for various third-party businesses. I’ve listed some of them here:
Telecommunication providers
Credit card providers
Banks
Lenders/financiers
The above are just some of the clients that JCIA collects for. But there are others!
What should you do if Jefferson Capital International contacts you?
Getting a letter from a debt collection company like Jefferson Capital can send you into a panic. However, it’s best to remain calm and do the following:
Reply to the letter as soon as possible
Ask Jefferson Capital to prove the debt is yours!
Ask who the original creditor was
Check how old the debt is because if it’s over 6 years old, it’s statute barred!
Why would Jefferson Capital International contact you?
Jefferson Capital International will likely contact you over an outstanding third-party debt! You see, the debt collection agency buys debts from other businesses and then chases the debtors for payment.
In short, the original creditor sells the debt to Jefferson for a low amount but the debt collection agency recovers a lot more than that! It’s how they make their money.
Can you ignore Jefferson Capital International letters?
No. Don’t ignore or bin any correspondence you get from Jefferson Capital because you could end up in court. Moreover, a judge could issue a County Court Judgement (CCJ) against you, ruining your credit score!
Also, when you ignore a debt collector’s letter, you could be missing out on the following:
Discovering the debt is statute-barred
Determining the debt is not yours
Establishing the debt was paid off
Missing out on an affordable repayment plan
Rather than ignore the correspondence, seek advice from an independent debt charity.
Can you stop Jefferson Capital from contacting you?
You can’t stop Jefferson Capital from contacting you, but you can dictate when and how the debt collector contacts you.
Write to the company and tell them when they can contact you, and how they can contact you!
Debt collection agencies must respect this request and if they don’t, file an official complaint.
Then lodge a complaint with the Financial Ombudsman!
What happens if I don’t pay Jefferson Capital?
Jefferson Capital could take you to court when you don’t pay a debt they prove is yours. If you don’t attend court or respond to court papers, a judge could issue a CCJ against you!
What can Jefferson Capital legally do when they contact you?
Jefferson Capital is regulated by the Financial Conduct Authority and must follow the law when they contact you. So, in short, there are things a debt collector may do and things they can’t do!
I’ve listed the things Jefferson can do below:
Visit you at home
Discuss your debt discreetly and politely with you
Contact you by phone, email or letter
Ask you to pay them directly (not straight away and not on the doorstep!)
That said, I’ve listed what debt collectors can’t do here:
Put pressure on you to take out a new loan to pay off the money they allegedly say you owe
Act in an aggressive or threatening manner
Force entry into your home
Visit you at the place where you work
Clamp your vehicle or seize your possessions
Threaten you with legal action when they know they won’t
Lead you to believe they are bailiffs (enforcement agents). It’s illegal if they do!
Continually contact you at times and in ways you asked them not to
Breach your privacy by discussing debt with your family, friends, neighbours or employer
Talk to you in a confusing manner to mislead you
How could you get out of paying Jefferson Capital?
There are two ways which could get you out of paying a Jefferson Capital debt which I’ve listed below:
Jefferson can’t prove the debt is yours
The debt is over six years old and therefore statute barred
How can you contact Jefferson Capital International?
You can contact Jefferson Capital in several ways which I’ve listed below:
Jefferson Capital International, Basingstoke, Hampshire, RG21 4RG
Lastly, should I pay Jefferson Capital International Acquisition debt or not?
Whether you pay Jefferson Capital International Acquisition debt or not depends on a few things. First, is the debt yours? Second, is the debt over six years old? If so, you could get out of paying!
However, if Jefferson proves the debt belongs to you, then negotiate a realistic repayment schedule with the debt collection agency. But first, seek independent debt advice so the schedule you’re offered is an affordable plan!
“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.
Thanks for reading this post. I hope the information helps answer the question: should I pay Jefferson Capital International Acquisition debt or can I ignore it?
My name’s Janine, and I’m a mum of two who’s always been passionate about trying to cut down spending costs. I am now sharing as much financial knowledge as I possibly can to help your money go that little bit further.
How to beat JCIA debt 