HO Collections Account Debt - Do You Need to Pay?

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 worried about an unexpected letter from HO Collections? You’re in the right place. Our site is visited by over 170,000 people every month for guidance on debt matters.

This article will help you understand:

Who HO Collections Debt Collectors are.
How you might beat HO Collections.
Your possible choices to deal with this debt.
The truth about your debt with HO Collections.
How much debt is too much, and ways to legally write off your debt.

We know getting a letter from a debt collector can be scary. Our team has loads of knowledge about debt and some of us have even been in your shoes. But don’t worry, we’re here to help you.

Let’s take a closer look at your situation with HO Collections and explore your options together.

The Truth About Your Debt

You may find that HO Collections are chasing you in a threatening manner, even if you explain you can’t afford to pay it. This is far from ideal of course, and it going against their legal obligation. If they are doing this, you can get some expert advice on how to deal with the situation.

If in doubt about the debt, you can ask HO Collections to provide you with a copy of the original contract which you had when you took out the credit.

Do you qualify for an IVA or would you benefit from being in a debt management programme? Try the IVA Test to find out more. It doesn’t cost anything to apply. Click here to go to the application form.

What options do I have?

If you are wondering what to do about your situation, there are various options.

A debt management plan or an IVA may be the best option if you are struggling to pay back your debt. With these options, you may be able to write off some of your debt.

If you can’t pay the debt in one go, or you are just generally struggling, these can be a sensible option. It means that the debt may not being as out of control as you though it was.

We have a range of options for you to choose from if you want to enter into a debt management plan. You can find the option which is most suited to your needs.

» TAKE ACTION NOW: Fill out the short debt form

More Data

If you would like to provide us with more information on how Ho Collections are dealing with you and your debt, you can drop us an email or call us and we will be happy to deal with it.

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.

Get Started

Checking for Other Debt Collectors

There are a lot of ways to get into debt. In fact, it’s not uncommon to owe money to several companies at once.

Perhaps you have a mortgage, a car loan, a couple credit cards and an item or two you bought on buy-now-pay-later schemes. It’s easy to lose track.

That’s why it’s important to regularly check your credit report and bank statements to make sure you haven’t missed anything.

If a debt collector has purchased your debt, it appears on your credit report.

Some of the debt collectors you’re most likely to come across are PRA Group, Lowell and Cabot Financial.