01133508520 – Who Called? Stop IMFS Debt
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.
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.
Are you confused about a call from 01133508520? This number belongs to IMFS Debt Collection, a company that recovers debts from credit cards, store cards, current accounts, and loans.
We know this can be concerning, but don’t worry, we’re here to help. Each month, over 170,000 people visit our website for guidance on matters like this.
In this piece, we’ll talk about:
- Why you’re being called by 01133508520
- Ways to reduce some IMFS debt
- If ignoring debt collectors is a good idea
A recent survey by StepChange UK found that 83% of 1794 clients had at least one creditor who didn’t consider their vulnerabilities.1 Some of us have even experienced this firsthand.
We’re here to share our knowledge and help you handle debt collectors. Let’s dive in!
Why are you being called by 01133508520?
We have a more detailed guide on IMFS, which you can find here.
IMFS call debtors from various different numbers. The main reasons they call people are:
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To collect payment – They’re trying to collect payments as swiftly and as hassle-free as possible. In an ideal world for them, you would be able to fulfill the entire sum of the debt right there on the spot by card payment or at least to organise ongoing monthly payments.
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To gather information – Stepchange reports a 25% year-on-year rise in average unsecured debt, reaching £13,941 in 2022 2. So, it’s common to struggle with debt. If that’s your case, and you are completely unable to pay the debt, the next step is for IMFS to gather as much key information from you as possible. They want to know what your income is, what your expenses are, and whether you could sell anything of value to cover your debt.
- To intimidate you – Debt collectors will consistently call you from alternative numbers to 01133508520 at any time of day between 6am and 9pm to try and get hold of you. This commitment to retrieving the debt can be very intimidating if you don’t know how to act in response.
Your Rights With Debt Collectors
It’s common for debt collectors to try to intimidate you. However, it’s crucial that you understand your rights to prevent any unwanted situations.
We’ve put together this simple table that explains what debt collectors can and can’t do. If you’d like to learn more about your rights and receive advice, be sure to check out our detailed guide.
Debt Collectors Can | But They Can’t |
---|---|
Contact you by phone or mail. | Call you after 9pm or before 8am. |
Conduct home visits (on rare occasions) and knock on your door. | Forbily enter your home, or stay if you ask them to leave. |
Threaten to take you to court by suing you for payment on a debt. | Harrass you, including threats of violence, repeated calls and visits, or abusive language. |
Negotiate a debt settlement. Tip: make sure to get this new arrangement in writing. | Visit your workplace. |
Access your bank account, but only after a court judgment has been made. | Take anything from your home or threaten to do so. |
Sell your debt. | Speak to other people about your debt without your permission. |
Contact you frequently. | Keep doing so if you request that they reduce communications. |
Should you ignore Debt Collectors?
We always recommend responding to debt collectors — even just to question the debt’s validity.
You have the right to request proof of the debt. They have to prove it, or they can’t charge you.
You can watch this video to learn what’s allowed as per the law and what you can do to avoid exploitation by these debt collectors:
» TAKE ACTION NOW: Fill out the short debt form
How a debt solution could help
Some debt solutions can:
- Stop nasty calls from creditors
- Freeze interest and charges
- Reduce your monthly payments
A few debt solutions can even result in writing off some of your debt.
Here’s an example:
Situation
Monthly income | £2,504 |
Monthly expenses | £2,345 |
Total debt | £32,049 |
Monthly debt repayments
Before | £587 |
After | £158 |
£429 reduction in monthly payments
If you want to learn what debt solutions are available to you, click the button below to get started.
How to handle IMFS Collectors (01133508520)?
We’ve written an extensive article on how to deal with IMFS Debt Collection – make sure to check it out for more information!
IMFS Debt Collection Contact Details
Registered Address: | 4100 Park Approach, Thorpe Park, Leeds, LS15 8GB |
Email: | https://www.imfs.co.com/ |