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Supporting
business with comprehensive tracing, debt recovery and
data services.
 1st
Locate
® are one of the
largest trace collect agencies in the U.K.
Organisations throughout the UK outsource a variety of
services to us (debt recovery, credit control, billing
management or customer services) - primarily because we
are able to improve efficiencies, productivity and
performance, yet introduce major cost saving benefits in
the process.
Our services are provided with all the professionalism,
security and integrity that clients enjoy when they
select a Full Member of the CSA - Credit Services
Association.
DEBT
PURCHASE - purchasing debt portfolio
We are actively looking to purchase consumer or
commercial debt portfolios across Europe (particularly UK, France and
Germany). We will only consider portfolio with comprehensive
supporting/original documentation in our preferred sectors.
We
will purchase written off 'goneaway',
trace or skip accounts complete with supporting account/debt information. Our
expertise in this sector enables us to purchase accounts that other
organisations decline.
One of the largest costs to any lender are losses associated with accounts
that have 'disappeared'. Our expertise in accurately tracing goneaway
accounts is second to
none and we are often able to trace the debtor and restore relations
with the customer resulting in the resumption of repayments.
Many organisations across
Europe have written off considerable sums because of goneaway accounts.
Our Debt Purchase service enables you to achieve a one off or staged
tiered payment
for these accounts. We are able to fund substantial purchases.
All of our tracing and
collection activities
are
undertaken in full compliance with the relevant legislation and we are
full members of the Credit Services Association.
We are currently looking to
acquire UK or European based lending portfolio that primarily consist of
regulated consumer credit agreement 'goneaway' or trace & collect debt.
Should you be looking to dispose of this type of debt, please telephone
Corporate account services on 0113 297 7500 for further information.
Debt types eligible for purchase
- Goneaway or skip trace debt - consumer or commercial
- 2nd, 3rd, 4th placement consumer or commercial debt
- Prime or 1st placement consumer or commercial
- Overseas - ex UK consumers now overseas
- Overseas - EU, USA, AUS or NZ based consumers
- Write-off - UK based write off / charge off debt consumer.
We will consider all portfolio types
including:
Consumer credit - banking, credit card,
hp, retail credit.
Telecomms
Utilities
Medical
Commercial
CLICK
HERE to Contact Us
All of our people search and
tracing activities are undertaken in full compliance with the relevant
legislation and we are full members of the Credit Services Association.
Additionally, we hold a comprehensive Data Protection Registration and are
Licensed under the Consumer Credit Act 1974.
1st Locate UK Limited, 3 Leodis Court, Leeds LS11 5JJ
Tel +44 (0) 113 297 7508
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debt purchase
