What To Do If You Get A Nasty Letter or Phone Call From:
Close Credit Management AKA CCM Debt Collectors
Credit Management (also known as CCM Debt Collectors) is a debt collecting
company in the site of DBSG
(The Debt Buyers and Sellers Group) and/or mentioned in consumer finance
forms. They have a legitimate function as debt collectors, but there
is some indication that some such companies (not necessarily Close Credit
Management), and especially the debt purchasing element, go a bit too
far sometimes and can make people's lives a misery when those same people
are at their most vulnerable. We do not suggest that they are acting
outside the law, but getting that letter or phone call is not exactly
helpful to you right now.
So the first thing
you must do if Close Credit Management is bothering you is not
to panic or despair. That's just what they want! They'd love
you to call their number and speak to their specially trained sales
team for 'advice'. But once you do that you'll be suggestible to whatever
they tell you, instead of getting independent advice. While we always
say that you should keep an open dialogue with debt collectors, we would
recommend that you do so in writing only. This will prevent them 'railroading'
you into any action which is not in your best interests, as they so
love talking people into doing things on the spur of the moment. Of
course, they are only doing their job, but that's hardly a consolation
for you in the present situation.
There are several
options that are open to you, and some will suit your own situation
better than others.
A sensible option,
we would suggest, is a debt management plan or even an IVA - which is
designed to actually write off a large chunk of your unsecured debt.
But you would need to take advice on this and look at your income and
expenditure in detail. This option won't suit everyone. There's more
on this below.
As an alternative
option you could apply for a 'logbook loan' which many
people find a very handy option. It is actually a loan secured on your
car, except you get to keep the car and keep the cash as well! That's
why some people find it such a good idea, as it unlocks the equity in
your vehicle without taking away your means of transport (there's no
need to sell the car). To apply
for a logbook loan click here.
Yet another option
is a no credit-check guarantor loan. This is especially
useful because your own credit rating is not looked at; you must find
someone else willing to act as a guarantor for you such as a friend
or family member. This is an ideal solution if you're at the stage where
your credit profile has been downgraded by recent events, etc. So click
the following link for Unsecured Loans
that don't need you to be credit checked.
If you wanted to
try a debt management plan, then we provide a whole-of-market service,
with a number of debt management experts on our panel. So whatever your
circumstances, your application will find the plan for you, meaning
the optimum outcome for your situation. It also means
there are no minimum requirements for debt levels or income.
So apply for a debt management plan using the form below.
CCM Debt Collectors website above is part of DPC Registry. Consumer
Credit Licence .
Also Known As: CCM Debt Collectors
Address: 2 Jessops Riverside, 800 Brightside Lane, Sheffield S9 2RX
Telephone: 0114 242 6628
Fax: 0114 256 1793
Extra Data: Seems
to have styled themselves CCM Debt Collectors quite recently.
Get a free QuickCreditScore
check by applying
Management (CCM Debt Collectors) and the Truth About Your Debt
Assuming that you are having to deal with Close Credit Management
(CCM Debt Collectors) then perhaps you may be reassured that a lot of
the things that they are doing to harass you are questionable or are
close to being so. The debt collecting agencies or DCAs appear under
little or no obligation, it seems, to do anything about improving their
conduct until they are ordered to do so by the Office of Fair Trading.
Remember to always insist on dealing with these debt purchasing companies
in writing. Do not give them your phone number if at all possible. The
problem is that during the first call they make they'll say they are
calling from the bank and therefore make you feel more obliged to become
complicit in what they say. Your uncertainty is important to them, so
they wish to create as much confusion as possible: here is where Close
Credit Management will have the best result for them. When they get
hold of your personal details they will use this to pester you and even
to scare you. You can use the law to prevent this but most people just
don't know what to do and it is clear these debt collecting companies
will use this to their own benefit. Bodies such as the Consumer Credit
Counselling Service or the Citizen's Advice Bureau (CAB) give a good
service although often they are stretched to capacity and there are
times when their advice may be lacking in detail.
There are several excellent consumer finance forums on the internet
where you're able to read all about the tactics and ruses involving
Close Credit Management and the various methods that they use. Notice
that some of these debt collection companies specialise in some kinds
of activity while others choose different lines according to their strengths.
The end result is always misery for a lot of people. The debt collecting
agencies are sometimes members of trade organizations and prefer to
think of themselves as respectable businessmen.
So ask Close Credit Management
for a copy of the original contract when you took out your loan or credit
Data On Close Credit Management
you have any information that you would like honest people to know
about Close Credit Management then send us an email in complete confidence and
we will try to corroborate it with the clowns involved.
be aware that figures entered into the Close Credit Management (CCM
Debt Collectors) site web form, above, need to be accurate by law, and
to give the best service to you. It is extremely important that you
budget for all necessary expenditure including rent or mortgage, council
tax and utility bills, etc., and any other necessary outgoings related
to the upkeep of your household and in relation to any specific circumstances
that may relate to you. This website only collects data on behalf of
debt management professionals, from which it will receive affiliate
remuneration for data collection only and does not itself engage in
any debt management services. Other debt management options are available
and may be more suitable. People entering into an IVA or debt management
will have this entered on their credit profile and this may affect their
ability to get credit in the short term or even in the long term in
some cases. You will be given advice by debt management professionals
and a 'cooling off' period, by law, to decide whether or not the debt
management plan is suitable for you, and you should be aware that a
fee will be chargeable upon a successful arrangement, as with any commercial
transaction. Failure to meet the repayments on an IVA or any debt management
programme may result in serious consequences, including, but not limited
to, bankruptcy. Bankruptcies, CCJs and similar defaults will be entered
into a public register and will remain there for a statutory period
of not less than six (6) years.
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a look at the Insolvency Service's leaflet called 'In Debt', downloadable
of Debt Collectors
Close Credit Management (CCM Debt Collectors) website is part of DPC
Registry website group. All rights reserved. Complaints Against Close
Credit Management debt collectors.